BLS Official Data · OEWS May 2025

Psychiatrists in Colorado

$258,210 / year · average (mean) annual wage
$124.14 per hour

▼ 4.3% below U.S. average26th of 46 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$258,210per year
Median$266,370per year
Hourly$124.14per hour
10th – 90th percentile$134,050 – $353,330per year

Psychiatrists Pay Range in Colorado

Pay distribution across experience levels

  • 10th Percentile — Entry Level$134,050
  • 25th Percentile — Junior$228,210
  • 50th Percentile — Median$266,370
  • 75th Percentile — Senior$313,920
  • 90th Percentile — Top Earners$353,330

Half of Psychiatrists in Colorado earn more than $266,370. The top 10% make $353,330 or more, while entry-level workers start around $134,050.

Psychiatrists in Colorado: Key Facts

Source: BLS OEWS May 2025

  • Colorado ranks 26th of 46 states for Psychiatrists pay, at $258,210 per year (4.3% below the U.S. average of $269,940).
  • 270 people work as Psychiatrists in Colorado — 1.0% of all U.S. Psychiatrists jobs.
  • Location quotient 0.52: Psychiatrists jobs are less concentrated in Colorado than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $134,050; the top 10% earn over $353,330.
  • Hourly equivalent: $124.14 per hour (2,080 hours/year).
  • The highest-paying state is Missouri at $345,860.
  • Among healthcare jobs in Colorado, Dermatologists pays the most ($357,840).

Psychiatrists Job Market in Colorado

Key factors affecting compensation

Colorado's key industries are Technology, Aerospace, Tourism, and its job market is rated very strong. Psychiatrists here earn $258,210 on average, placing the state 26th nationally.

With a cost-of-living index of 1.1 (U.S. = 1.00), a Colorado salary of $258,210 is roughly equivalent to $234,736 at the national average cost of living.

Compared with nearby states in the pay ranking, Illinois ($269,000), Washington ($265,600), Kansas ($265,280) are the closest alternatives for Psychiatrists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Psychiatrists salary in Colorado?

The average Psychiatrists salary in Colorado is $258,210 per year (median $266,370), which is 4.3% below the national average of $269,940.

How does Colorado rank for Psychiatrists pay?

Colorado ranks 26th out of 46 states. The highest-paying state is Missouri ($345,860/yr).

How much do entry-level Psychiatrists make in Colorado?

The lowest-paid 10% of Psychiatrists in Colorado earn about $134,050 per year and the 25th percentile is $228,210.

How much do Psychiatrists make per hour in Colorado?

About $124.14 per hour, based on the $258,210 annual average and 2,080 working hours per year.

How many Psychiatrists work in Colorado?

BLS counts 270 Psychiatrists jobs in Colorado (OEWS May 2025).

Explore more salary data