What is the average psychiatry salary?
LocumTenens.com conducted its Annual Salary and Employment Survey from August to October 2023. Survey respondents represent psychiatrists who practice on a locum tenens basis as well as those with permanent salaries. Compensation results consist of only full-time, permanent employees and consider only annual salary and bonuses.
Average psychiatrist salary in 2023
$237,939
Historical salary data
How does this year's salary for psychiatrists compare to other years?
The average psychiatrist’s salary shows fluctuation over time (having declined significantly since the beginning of the pandemic), but nevertheless remains comparable to years preceding the pandemic. Telehealth continues to be embraced by patients and healthcare providers alike, and psychiatry proved to be particularly suited for diagnosing and prescribing via videoconferencing sessions.
As the U.S. grapples with ongoing mental health struggles on a national scale, demand continues to be strong for psychiatric care providers.
2021 data not available.
Survey results
Demographic insights by gender
Male
48%
Female
46%
Non Binary
1%
Prefer not to answer
4%Where did psychiatrists work in 2023?
In 2023 most psychiatrists worked in hospitals.
Hospital employed
28%
Government
18%
Federally qualified health center / community health center
15%
RESPONDENT DEMOGRAPHICS
Psychiatrists who took this survey
A preference for gig-based work is clear visible among psychiatric care providers, with more than half (52%) working contract or locum tenens exclusively. While telehealth programs can often go hand-in-hand with locum tenens workforces, 43% of behavioral health specialists said that the ability to use telehealth is a significant retention motivator.
By region
Years in practice
Employment status
How old are psychiatrists?
Methodology
This report was compiled using data from an original survey conducted by LocumTenens.com from August to October 2023. Medical practitioners from the LocumTenens.com database were invited to participate in this survey. Some recipients had been placed by LocumTenens.com, and some had not. As incentive for completing the survey, respondents were offered a chance to win a $500 Amazon gift card. This survey takes into account clinicians currently practicing medicine. Of the 2,081 respondents who qualified for the survey, 1,675 completed it. At the 95% confidence level, the survey has an error range of +/- 2.4%.