The Average Salary of a Psychiatrist
Psychiatrists work in a wide range of settings and have a pay scale that reflects this range. They are all, however, trained to help prevent, diagnose and treat mental disorders.
Other People Are Reading
-
Average Wages
-
According the U.S. Bureau of Labor Statistics, the mean hourly wage for a psychiatrist was $78.68 as of May 2009. The average annual salary of a psychiatrist was $163,660 as of May 2009.
Geographical Pay Differences
-
Pay for psychiatrists varies according to location. In the top-paying state of Oregon, as ranked by the Bureau of Labor Statistics in 2009, psychiatrists earned an average salary of $219,450 per year. In South Dakota, ranked fifth on the list, psychiatrists earned an average wage of $202,210 in 2009.
-
Top-Paying Industries
-
The Bureau of Labor Statistics reports that the top-paying industries for psychiatrists are local government, company management, state government, outpatient care facilities and nursing care facilities. Psychiatrists working in physician's offices earned an average of $154,650 in 2009 while those working in outpatient care centers averaged $190,340 per year.
-
References
- Photo Credit relaxed doctor image by Keith Frith from Fotolia.com
