Training Requirements for Psychiatrists

Psychiatrists need a doctoral or professional degree and internship/residency.

Degrees for Psychiatrists
Percent
Less than High School 0.1
High School 0.1
Some College 0.0
Associates Degree 0.0
Bachelors Degree 0.9
Masters Degree 0.3
Doctorate or Professional Degree 98.6

Employment Outlook for Psychiatrists

This represents about 28,000 people in the United States.

Over the next 10 years there will be aproximately 4,000 more psychiatrists but, because of expected growth and replacement needs in the United States, we will need 11,000 more.

Typical Income for Psychiatrists

Hourly Income

On average,psychiatrists make $96.26 per hour.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Psychiatrists $29.48 $60.37 $93.63 $high $high
Healthcare practitioners and technical occupations $15.59 $21.80 $30.49 $43.83 $64.87
Health diagnosing and treating practitioners $23.60 $28.74 $37.49 $53.60 $84.62
Physicians and surgeons $29.75 $64.16 $0.00 $high $high
National Average $9.27 $11.60 $17.81 $28.92 $45.45

Annual Salaries

On average, psychiatrists make $200,220 per year.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Psychiatrists $61,330 $125,570 $194,740 $high $high
Healthcare practitioners and technical occupations $32,430 $45,330 $63,420 $91,180 $134,930
Health diagnosing and treating practitioners $49,090 $59,780 $77,980 $111,480 $176,020
Physicians and surgeons $61,870 $133,450 $0 $high $high
National Average $19,290 $24,140 $37,040 $60,150 $94,540

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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