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Psychiatrist salary

How much do psychiatrists make?

What is the average psychiatry salary? conducted its Annual Compensation and Employment Survey in September of 2020. 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 2019


Historical salary data

How does this year's salary compare to other years?

The average psychiatry salary continues to rise. It's up 22% from 2016.

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Survey Results

Demographic insights by gender

Most psychiatrists were male, with a 7% increase since 2017. Psychiatrist Salary Survey - Male Salary


4% increase Psychiatric NP Salary Survey - Female Salary


4% decrease

Where do psychiatrists work?

These are three of the top work settings for psychiatrists.

Psychiatry Salary Survey - Hospital Employed

Hospital employed

1% decrease
Psychiatry Salary Survey - Clinic or Community Center

Clinic or community center

1% increase
Psychiatry Salary Survey - Mental health facility

Mental health facility

No change

How old are Psychiatrists?

Baby Boomers (Psychiatrists born between 1946 and 1964) make up almost half of all respondents. 

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Psychiatrists who took this survey

By region

Years in practice

Employment status

We've got salary reports from other years, too!

See the psychiatry archive


Invitations for the survey were emailed to a database of more than 220,000 healthcare professionals in September 2020. Some recipients had been placed by, and some had not. There was a total of 2,080 respondents, both physicians and advanced practitioners, who were self-selected and spanned all 50 states. Best of Staffing Client Logo Best of Staffing Talent Logo Fortune Best Workplace Logo NALTO Logo Beyond Profit Logo Beyond Profit Logo