Psychiatric Physician Salary in the United States

How much does a Psychiatric Physician make in the United States?

As of September 01, 2026, the average salary for a Psychiatric Physician in the United States is $294,427 per year, which breaks down to an hourly rate of $142.

However, a Psychiatric Physician's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $353,741
  • Majority Range (25th-75th percentile): $276,195 to $325,474
  • Entry-Level (10th percentile): $259,596

Key Factors That Influence Psychiatric Physician Salaries

A Psychiatric Physician's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Psychiatric Physician Salaries?

Experience is a primary driver of a Psychiatric Physician's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $285,085
  • Early Career (1-2 years): $286,392
  • Mid-Level (2-4 years): $287,699
  • Senior-Level (5-8 years): $289,530
  • Expert (over 8 years): $294,427
Levels Salary
Entry Level Psychiatric Physician$285,085
Intermediate Level Psychiatric Physician$286,392
Senior Level Psychiatric Physician$287,699
Specialist Level Psychiatric Physician$289,530
Expert Level Psychiatric Physician$294,427

Top Paying Cities for Psychiatric Physicians

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $371,361
  • San Francisco: $367,295
  • Oakland: $359,554

What Skills Can Increase a Psychiatric Physician's Salary?

Demanded Skills for the Role:

  • Scheduling (Mentioned in 5.26% Job Postings): Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process.
  • Case Management (Mentioned in 3.48% Job Postings): Connecting patients with suitable healthcare providers, resources, and services to ensure they receive optimal, cost-effective care.
  • CPR (Mentioned in 2.24% Job Postings): Cardiopulmonary resuscitation (CPR) combines rescue breathing (mouth-to-mouth) and chest compressions to temporarily pump enough blood to the brain until specialized treatment is available.
Skills Demand Percentage
Scheduling 5.26%
Case Management 3.48%
CPR 2.24%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Psychiatric Physician's salary.

  • Healthcare Services: Can increase your salary by up to 8%.
  • Medication Management: Can increase your salary by up to 7%.
  • Collaboration: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Healthcare Services $317,981
8%
Medication Management $315,037
7%
Collaboration $309,148
5%

Psychiatric Physician Salary by Industry: Top Paying Sectors

For Psychiatric Physician roles, the industry you choose can affect earning potential by as much as 30% (the gap between the highest and lowest paying industries). Data shows that the Edu., Gov't. & Nonprofit and Pharmaceuticals sectors offer the strongest compensation, at 10% above the average. In contrast, Psychiatric Physician positions in Biotechnology or Healthcare typically offer lower base pay, as these industries often view Psychiatric Physician as a support function rather than a direct revenue driver.

The top paying industries for a Psychiatric Physician

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Edu., Gov't. & Nonprofit$323,870$156.010%
Pharmaceuticals$323,870$156.010%

How Education impacts a Psychiatric Physician's Salary?

Your level of education can impact your salary potential. While many Psychiatric Physicians enter the field with a JD, MD, PhD or Equivalent degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Psychiatric Physician with a JD, MD, PhD or Equivalent is between $250,405 and $266,352).

Psychiatric Physician Salaries by Degree Level

Typical Education for Psychiatric Physician
Degree Level % of user with this level of education
No Diploma 0.5%
High School 2.3%
Associates 1.6%
Bachelors 4.2%
Masters 5.7%
Doctorate 85.6%

Psychiatric Physician Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Psychiatric Physician's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$276,195
Average $294,427/year
$325,474
$23,016
Average $24,536/month
$27,123
$5,311
Average $5,662/week
$6,259
$133
Average $142/hour
$156
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $325,474 $27,123 $6,259 $156
Average $294,427 $24,536 $5,662 $142
25th Percentile $276,195 $23,016 $5,311 $133

Most common benefits for Psychiatric Physician

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Psychiatric Physician

Here are companies hiring for Psychiatric Physician and their salaries, click below for more details.

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FAQ about Psychiatric Physician

1. What industry pays the highest salary for Psychiatric Physician?

The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Psychiatric Physician roles, with salaries approximately 10% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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