How much does a Clinical Psychiatrist make?

As of April 01, 2025, the average annual salary for a Clinical Psychiatrist in the United States is $292,800. Salary.com reports that pay typically ranges from $263,700 to $312,300, with most professionals earning between $237,206 and $330,054.

Clinical Psychiatrist Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $312,300 $26,025 $6,006 $150
Average $292,800 $24,400 $5,631 $141
25th Percentile $263,700 $21,975 $5,071 $127

Average Salary

25% $263,700 10% $237,206 90% $330,054 75% $312,300 $292,800 50%(Median)
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How much does a Clinical Psychiatrist make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Clinical Psychiatrist salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Clinical Psychiatrist is about $292,800 a year, this translates to an approximate hourly rate of $141, a monthly salary of about $24,400, and a weekly pay of around $5,631 . Click the switch button below to see more details about Clinical Psychiatrist hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Clinical Psychiatrist's Salary?

An entry-level Clinical Psychiatrist with less than 1 year of experience earns about $281,073. With 1-2 years of experience, the average salary increases to $283,245. For 2-4 years of experience, the pay typically rises to $285,416. Senior-level professionals with 5-8 years of experience earn around $288,457, and those with over 8 years of experience can expect an average of $294,255.

Levels Salary
Entry Level Clinical Psychiatrist $281,073
Intermediate Level Clinical Psychiatrist $283,245
Senior Level Clinical Psychiatrist $285,416
Specialist Level Clinical Psychiatrist $288,457
Expert Level Clinical Psychiatrist $294,255
$281,073 0 yr
$283,245 < 2 yrs
$285,416 2-4 yrs
$288,457 5-8 yrs
$294,255 > 8 yrs
Last Updated on April 01, 2025
Entry Level 4%
Mid Level 3%
Senior Level 3%
Top Level 1%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Clinical Psychiatrist vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Clinical Psychiatrist is $365,700.
  • In New York, NY, the average annual salary is $339,300.
  • In Boston, MA, a Clinical Psychiatrist earns $326,600 per year.

What is the salary trend of Clinical Psychiatrist?

As of April 01, 2025, our research reveals a significant shift in Clinical Psychiatrist compensation over the past six years. For example, the median salary increased from $231,993 in 2023 to approximately $237,504 in 2024. (For a detailed analysis of Clinical Psychiatrist salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Clinical Psychiatrist Over Time

2020
$???
2021
$???
2022
$???
$231,993
2023
$237,504
2024
$226,789
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$231,993
2024
$237,504
2025
$226,789
2026
$???
Last Updated on April 01, 2025

Clinical Psychiatrist Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $231,993
2024 $237,504
2025 $226,789
2026 View More
Last Updated on April 01, 2025

Job Openings of Clinical Psychiatrist

Salary.com job board provides millions of Clinical Psychiatrist information for you to search for. Click on search button below to see Clinical Psychiatrist job openings or enter a new job title here.

Most Common Benefits for Clinical Psychiatrist

Based on HR-reported data: a national average with a geographic differential
Base Salary 76.0%
Bonuses 0.0%
Social Security 3.8%
401k/403b 2.6%
Disability 1.5%
Healthcare 1.7%
Pension 3.6%
Time Off 10.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $292,800 76.0%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $14,699 3.8%
401K/403B $10,000 2.6%
Disability $5,856 1.5%
Healthcare $6,374 1.7%
Pension $13,750 3.6%
Time Off $41,668 10.8%
Total Compensation $385,146 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Clinical Psychiatrist with different levels of education?

Salaries for Clinical Psychiatrist with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Clinical Psychiatrist with a JD, MD, PhD or Equivalent is $249,367 - $265,249. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Clinical Psychiatrist Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Clinical Psychiatrist
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%
Typical Education for Clinical Psychiatrist
No Diploma 0.5%
High School 2.3%
Associates 1.6%
Bachelors 4.2%
Masters 5.7%
Doctorate 85.6%
view as table

Clinical Psychiatrist Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Clinical Psychiatrist

1. Who makes more money a therapist or psychiatrist?

Psychiatrists generally earn more than therapists. Based on recent salary data, clinical psychiatrists have a salary range from $242,900 to $296,800, with a mid-salary of $268,800. In comparison, therapists typically earn around $74,312 annually. Factors like experience, education, and location can influence these figures.

2. Do you need an MD to be a psychiatrist?

No, you cannot become a psychiatrist without attending medical school. Psychiatrists are medical doctors specializing in mental health, requiring completion of medical school and earning an MD or DO. The salary for clinical psychiatrists ranges from approximately $242,900 to $296,800, with a median salary around $268,800.

3. What is the highest degree a psychiatrist earns?

Answer: A doctorate degree in Psychiatry is the highest degree in the psychiatry field. To practice as a psychiatrist in the US, one must earn an MD (Doctor of Medicine) or a DO (Doctor of Osteopathy). Psychiatrists can expect salaries ranging from $242,900 to $296,800, with a median salary of $268,800.

4. What is the richest type of psychologist?

Clinical psychology, particularly in the field of psychiatry, tends to offer the highest earning potential. Clinical psychiatrists can expect salaries ranging from a minimum of $242,900 to a mid-range of $268,800, with top earners making up to $296,800. Income can vary based on factors such as location and experience.

5. What field of psychology makes the most money?

In addition to being in demand, psychiatrist positions are by far the highest-paying jobs for psychology majors, with salaries ranging from $242,900 to $296,800. The median salary for clinical psychiatrists is approximately $268,800, reflecting the significant earning potential in this field.

6. Can psychiatrists make 500k?

Psychiatrists typically earn between $242,900 and $296,800 annually, with a mid-salary of $268,800. While some experienced psychiatrists may earn higher, reaching $500,000 is uncommon and usually requires additional qualifications, specialization, or a high-demand practice area.

About Our Data

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Clinical Psychiatrist is $292,800 per year in the United States, updated at April 01, 2025.
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