As of May 01, 2026, the average salary for a Psychiatric Physician in the United States is $294,129 per year, which breaks down to an hourly rate of $141.
However, a Psychiatric Physician's salary can vary significantly. Here’s a look at the typical salary range:
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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.
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:
| Levels | Salary |
|---|---|
| Entry Level Psychiatric Physician | $284,849 |
| Intermediate Level Psychiatric Physician | $286,147 |
| Senior Level Psychiatric Physician | $287,444 |
| Specialist Level Psychiatric Physician | $289,261 |
| Expert Level Psychiatric Physician | $294,129 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Psychiatric Physicians. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Scheduling | 5.26% |
| Case Management | 3.48% |
| CPR | 2.24% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Healthcare Services
|
$317,659 |
8%
|
|
Medication Management
|
$314,718 |
7%
|
|
Collaboration
|
$308,835 |
5%
|
|
Psychiatric
|
$305,894 |
4%
|
|
Communication Skills
|
$300,012 |
2%
|
|
Clinical Services
|
$300,012 |
2%
|
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
| 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% |
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 May 01, 2026Salaries for a Psychiatric Physician can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $229,487 in 2023 to around $224,340 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Psychiatric Physician salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $229,487 |
| 2024 | $234,939 |
| 2025 | $224,340 |
| 2026 |
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|
| 2027 |
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|
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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.)
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