Psychiatric Physician Salary in Elgin, Illinois

How much does a Psychiatric Physician make in Elgin, IL?

As of April 01, 2025, the average annual salary for a Psychiatric Physician in Elgin, IL is $277,286. Salary.com reports that pay typically ranges from $250,948 to $306,407, with most professionals earning between $226,969 and $332,919.

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Salary range for a Psychiatric Physician

$250,948 to $306,407

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What is a Psychiatric Physician?

A Psychiatric Physician, also known as a psychiatrist, is a medical doctor who specializes in the diagnosis, treatment, and prevention of mental health disorders. They are trained to assess both the physical and mental aspects of psychological problems and are able to prescribe medication, provide therapy, and offer other forms of treatment to help patients manage their mental health conditions. Psychiatrists work with individuals of all ages and backgrounds, and may also collaborate with other healthcare professionals to provide comprehensive care for their patients. Additionally, they may conduct research, teach, and advocate for mental health awareness and resources.

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Job Openings for Psychiatric Physician in Elgin, IL

What does a Psychiatric Physician do?

Common responsibilities of a Psychiatric Physician

Collaborate with other healthcare professionals, such as psychologists, social workers, and primary care physicians, to develop comprehensive treatment plans for patients.

September 13, 2023

Advocate for the mental health needs of patients and work to reduce stigma surrounding mental illness.

September 25, 2023

Conduct psychiatric evaluations and assessments to determine the appropriate course of treatment for patients.

October 08, 2023

Diagnose and treat mental health disorders such as depression, anxiety, bipolar disorder, schizophrenia, and others.

October 09, 2023

Participate in multidisciplinary team meetings to discuss patient cases and coordinate care.

October 15, 2023

Prescribe and manage medication for mental health conditions, including monitoring for potential side effects and adjusting dosages as needed.

October 19, 2023

Stay up-to-date on the latest research and developments in the field of psychiatry to ensure the best possible care for patients.

October 26, 2023

Educate patients and their families about mental health conditions, treatment options, and strategies for managing symptoms.

November 04, 2023

Monitor and track patients' progress over time, making adjustments to treatment plans as necessary.

November 05, 2023

Provide psychotherapy and counseling to patients to help them manage their symptoms and improve their overall mental well-being.

November 06, 2023

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Psychiatric Physician Salary By Experience Levels in Elgin, IL

How much should you be earning in Psychiatric Physician in Elgin, IL based on your current experience?

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Psychiatric Physician Salary By Level of Education in Elgin, IL

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Psychiatric Physician in Elgin, IL

Average Base Salary

Core compensation

250948

306407

277286

Average Total Cash Compensation

Includes base and annual incentives

252876

309511

279571

What is the average salary for Psychiatric Physician in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Psychiatric Physician in Elgin, IL. The base salary for Psychiatric Physician ranges from $250,948 to $306,407 with the average base salary of $277,286. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $252,876 to $309,511 with the average total cash compensation of $279,571.

View Average Salary for Psychiatric Physician as table

	Average Salary	Average Salary Range
Base Salary	$277,286	$250,948 - $306,407
Bonus	$2,285	$1,928 - $3,104
Total Pay	$279,571	$252,876 - $309,511

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Psychiatric Physician Salary Near Elgin, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Elgin, IL
CITY, STATE Hoffman Estates, IL	AVERAGE SALARY RANGE $252,973 - $308,879	COMPARE TO Elgin, IL
CITY, STATE Aurora, IL	AVERAGE SALARY RANGE $253,195 - $309,150	COMPARE TO Elgin, IL
CITY, STATE Wheaton, IL	AVERAGE SALARY RANGE $251,738 - $307,372	COMPARE TO Elgin, IL
CITY, STATE Schaumburg, IL	AVERAGE SALARY RANGE $252,701 - $308,547	COMPARE TO Elgin, IL
CITY, STATE Mount Prospect, IL	AVERAGE SALARY RANGE $254,282 - $310,477	COMPARE TO Elgin, IL
CITY, STATE Naperville, IL	AVERAGE SALARY RANGE $251,368 - $306,919	COMPARE TO Elgin, IL

See salaries for Psychiatric Physician in locations close to Elgin, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Elgin, Illinois

Elgin (/ˈɛldʒɪn/ EL-jin) is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northwest of Chicago, it lies along the Fox River. As of 2017, the city had an estimated population of 112,456, making it the eighth-largest city in Illinois....

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Psychiatric Physician job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Elgin, IL that might be a good fit for the type of job and salary you are looking for.

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