Psychiatrist salary

How much do psychiatrists make?

What is the average psychiatry salary?

LocumTenens.com conducted its Annual Salary and Employment Survey in May of 2021. 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 2020

$325,559

Historical salary data

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

The average psychiatrist’s salary continues to rise each year, and the pandemic only highlighted the need for mental health care in the U.S. The average annual salary for a psychiatrist has risen by 35% since 2017. Thirty-four percent of psychiatrists said their workload increased due to COVID-19 and 64% have already taken or are planning to take time off from practicing in the next few months.

To learn more about how physician trends changed due to COVID-19, view the full report here.

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Survey Results 

Demographic insights by gender

In 2020, most psychiatrists were male.

LocumTenens.com Psychiatry Salary Survey - Male Salary

Male

60%
7% increase
LocumTenens.com Psychiatry Salary Survey - Female Salary

Female

40%
7% decrease

Where did psychiatrists work in 2020?

In 2020 most psychiatrists worked at hospitals and mental health facilities.

Psychiatry Salary Survey - Hospital Employed

Hospital employed

29%

Psychiatry Salary Survey - Hospital

Mental health facility

28%

Psychiatry Salary Survey - Group practice

Clinic or community center

20%

View clinician employment trends during the pandemic and insight into how COVID-19 affected their salary and workload.

See survey

Respondent demographics

Psychiatrists who took this survey

In 2020 most psychiatrists worked in the northeast. Most are from the baby boomer generation (born between 1946 and 1964) and most have been practicing for more than 30 years. Most respondents were locum tenens psychiatrists. To learn more about how physician trends changed due to COVID-19, view the full report here.

By region

Years in practice

Employment status

How old are psychiatrists?

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

See the psychiatry archive

Methodology

Invitations for the survey were emailed to a database of more than 220,000 healthcare professionals in May 2021. Some recipients had been placed by LocumTenens.com, and some had not. There was a total of 2300 respondents, both physicians and advanced practitioners, who were self-selected and spanned all 50 states.

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