Wages vary by years of experience, area of the country, and hours worked. The doctor's skill, personality, and professional reputation also affect wages. Self-employed psychiatrists generally earn more than those who are not self-employed.
Salaried psychiatrists who work full time usually receive benefits. Typical benefits include sick leave, paid vacation, and health insurance. Some employers also provide a retirement plan.
Psychiatrists (SOC 29-1223)
(1) Wage estimate isn't available.(2) Wages are greater than $115/hour or $239,200/year.
Location |
Pay Period | |
||
25% |
Median |
75% |
||
Illinois | Hourly | $35.11 | $108.03 | (1) |
Yearly | $73,025 | $224,698 | (1) | |
Champaign Area | Hourly | (1) | (1) | (1) |
Yearly | (1) | (1) | (1) | |
Cook County | Hourly | $33.54 | $106.96 | (1) |
Yearly | $69,769 | $222,482 | (1) | |
Dekalb-Elgin-Aurora Area | Hourly | $35.82 | $91.23 | (1) |
Yearly | $74,498 | $189,754 | (1) | |
Lake County | Hourly | $25.18 | $113.80 | (1) |
Yearly | $52,384 | $236,706 | (1) | |
Springfield Area | Hourly | $115.39 | (1) | (1) |
Yearly | $240,017 | (1) | (1) | |
United States | Hourly | $59.65 | (2) | (2) |
Yearly | $124,070 | (2) | (2) |