Estimate · based on BLS national data

Psychiatrists in Montana

$256,443 / year · average (mean) annual wage
$123.29 per hour

▼ 5.0% below U.S. average29th of 51 states

Source: U.S. Bureau of Labor Statistics Dataset: Estimate (BLS national × cost of living) Published: May 2026 Coverage: All 50 States + DC
Average$256,443per year
Median$267,776per year
Hourly$123.29per hour
10th – 90th percentile$97,074 – $390,258per year

Psychiatrists Pay Range in Montana

Pay distribution across experience levels

  • 10th Percentile — Entry Level$97,074
  • 25th Percentile — Junior$165,941
  • 50th Percentile — Median$267,776
  • 75th Percentile — Senior$320,893
  • 90th Percentile — Top Earners$390,258

Half of Psychiatrists in Montana earn more than $267,776. The top 10% make $390,258 or more, while entry-level workers start around $97,074.

Psychiatrists in Montana: Key Facts

Source: BLS national data adjusted for cost of living

  • Montana ranks 29th of 51 states for Psychiatrists pay, at $256,443 per year (5.0% below the U.S. average of $269,940).
  • Pay range: the lowest-paid 10% earn under $97,074; the top 10% earn over $390,258.
  • Hourly equivalent: $123.29 per hour (2,080 hours/year).
  • The highest-paying state is Massachusetts at $350,922.
  • Among healthcare jobs in Montana, Physicians All Other pays the most ($385,010).

Psychiatrists Job Market in Montana

Key factors affecting compensation

Montana's key industries are Agriculture, Tourism, Energy, and its job market is rated moderate. Psychiatrists here earn $256,443 on average, placing the state 29th nationally.

With a cost-of-living index of 0.95 (U.S. = 1.00), a Montana salary of $256,443 is roughly equivalent to $269,940 at the national average cost of living.

Compared with nearby states in the pay ranking, Kansas ($265,280), Arizona ($264,260), Colorado ($258,210) 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 Montana?

The average Psychiatrists salary in Montana is $256,443 per year (median $267,776), which is 5.0% below the national average of $269,940.

How does Montana rank for Psychiatrists pay?

Montana ranks 29th out of 51 states. The highest-paying state is Massachusetts ($350,922/yr).

How much do entry-level Psychiatrists make in Montana?

The lowest-paid 10% of Psychiatrists in Montana earn about $97,074 per year and the 25th percentile is $165,941.

How much do Psychiatrists make per hour in Montana?

About $123.29 per hour, based on the $256,443 annual average and 2,080 working hours per year.

Explore more salary data