📊 BLS Official Data · May 2025 Release

Psychiatrists Salary in New Jersey (2026)

New Jersey · 28.0% above national average · Medium Demand

Average
$368,230
per year
Median
$335,936
per year
Hourly
$177.03
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$147,422
25th Percentile — Junior$231,868
50th Percentile — Median$335,936
75th Percentile — Senior$421,874
90th Percentile — Top Earners$504,660
💡 Top-earning Psychiatristss in New Jersey make up to $504,660 per year. The job market in New Jersey is rated strong, with key industries including Pharmaceuticals, Finance, Technology.
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Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$299.8k
2021
$312.4k
2022
$325.5k
2023
$339.1k
2024
$353.4k
2025
$368.2k
2026
📈 Psychiatrists salaries in New Jersey have followed the national trend with 4.2% annual growth. The strong presence in New Jersey's job market supports continued salary increases.
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Psychiatrists Salary by City in New Jersey
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Newark $449,241 +22.0% Medium
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Psychiatrists Job Market in New Jersey
Key factors affecting compensation

New Jersey is home to a strong job market for Psychiatristss. The state's key industries — Pharmaceuticals, Finance, Technology — generate significant demand for skilled professionals. At $368,230 per year, New Jersey's Psychiatrists salaries are 28.0% higher than the national average.

The cost of living in New Jersey (index: 1.28) justifies the higher pay scale. Entry-level professionals in New Jersey can expect to earn $147,422–$231,868, while experienced Psychiatristss can command $421,874–$504,660.

Looking ahead, the Psychiatrists profession in New Jersey is projected to grow at 4.2% annually. Major employers are actively hiring, and the state's investment in Pharmaceuticals continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
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Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Psychiatrists salary in New Jersey is $368,230 per year in 2026, which is 28.0% above the national average of $287,680.
  • Major metro areas typically pay Psychiatristss the highest wages in New Jersey due to higher costs of living and competitive job markets.
  • New Jersey has a strong job market with major industries in Pharmaceuticals, Finance, Technology. This makes it one of the better states for Psychiatrists employment.
  • At $368,230/year, New Jersey Psychiatrists salaries are 28.0% higher than the national average of $287,680/year.