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As of August 01, 2026, the average salary for a Psychiatric Physician in New York is $312,899 per year, which breaks down to an hourly rate of $150.
However, a Psychiatric Physician's salary can vary significantly. Here’s a look at the typical salary range:
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Psychiatric Physician Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $345,508 | $28,792 | $6,644 | $166 |
| Average | $312,899 | $26,075 | $6,017 | $150 |
| 25th Percentile | $293,900 | $24,492 | $5,652 | $141 |
StateJobsNY - Staten Island, NY
FCS - Psychiatric Recruitment - Carthage, NY
Protouch Staffing - White Plains, NY
LifeStance Health - New Rochelle, NY
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 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 | $303,153 |
| Intermediate Level Psychiatric Physician | $304,514 |
| Senior Level Psychiatric Physician | $305,875 |
| Specialist Level Psychiatric Physician | $307,780 |
| Expert Level Psychiatric Physician | $312,900 |
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:
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $344,189 | $165.0 | 10% |
| Pharmaceuticals | $344,189 | $165.0 | 10% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $345,508 | $28,792 | $6,644 | $166 |
| Average | $312,899 | $26,075 | $6,017 | $150 |
| 25th Percentile | $293,900 | $24,492 | $5,652 | $141 |
Ready to take the next step in your career? Browse thousands of current Psychiatric Physician job openings on our job board. Use the search bar below to find your perfect match.
WhiteCap Search
Staten Island, NY
WhiteCap Search | Staten Island, NY
Hospitalist - Psychiatric FacilityDivisionHC - Providers (Physicians)LocationStaten Island, New YorkEmployment TypePermanentA hospital-owned psychiatric fa... more
5 Days Ago
Summit Recruiting Group LLC
Elmira, NY
Summit Recruiting Group LLC | Elmira, NY
Psychiatrist opening in Elmira, NY Located 30 miles south of Ithaca. 2 hours from Rochester Position Details: Full-time, permanent position If you enjoy co... more
5 Days Ago
Born & Bicknell, Inc.
Gouverneur, NY
Born & Bicknell, Inc. | Gouverneur, NY
Successful health system is seeking to employ a fulltime Psychiatrist to join their team of dedicated providers. Collaborative environment working with psy... more
5 Days Ago
Fcs Co
Buffalo, NY
Fcs Co | Buffalo, NY
Psychiatrist needed for 8 hours or more per week. This is an outpatient job just doing evaluations on new patients. This job is high paying and will work a... more
5 Days Ago
NOW Healthcare Recruiting (NP Now)
New York City, NY
NOW Healthcare Recruiting (NP Now) | New York City, NY
Federally qualified health center seeks a Psychiatrist in either Waterbury, Hartford, Bristol or Plainville, Connecticut. Come join a team that provides co... more
5 Days Ago
Summit Recruiting Group LLC
Olean, NY
Summit Recruiting Group LLC | Olean, NY
Adult Psychiatrist Opening in Olean, NY Salary:$350-425K Sign On Bonus Olean is 70 Miles south of Buffalo Opportunity Adult Psychiatrist- Inpatient Unit op... more
5 Days Ago
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