Psychiatrists Pay Range in New York
Pay distribution across experience levels
- 10th Percentile — Entry Level$86,120
- 25th Percentile — Junior$101,460
- 50th Percentile — Median$265,890
- 75th Percentile — Senior$333,870
- 90th Percentile — Top Earners$443,340
Half of Psychiatrists in New York earn more than $265,890. The top 10% make $443,340 or more, while entry-level workers start around $86,120.
Psychiatrists in New York: Key Facts
Source: BLS OEWS May 2025
- New York ranks 28th of 46 states for Psychiatrists pay, at $252,840 per year (6.3% below the U.S. average of $269,940).
- 4,130 people work as Psychiatrists in New York — 14.8% of all U.S. Psychiatrists jobs.
- Location quotient 2.37: Psychiatrists jobs are more concentrated in New York than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $86,120; the top 10% earn over $443,340.
- Hourly equivalent: $121.56 per hour (2,080 hours/year).
- The highest-paying state is Missouri at $345,860.
- Among healthcare jobs in New York, Anesthesiologists pays the most ($349,940).
Psychiatrists Job Market in New York
Key factors affecting compensation
New York's key industries are Finance, Technology, Media, and its job market is rated very strong. Psychiatrists here earn $252,840 on average, placing the state 28th nationally.
With a cost-of-living index of 1.38 (U.S. = 1.00), a New York salary of $252,840 is roughly equivalent to $183,217 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
Other Healthcare Jobs in New York
Related career salary benchmarks
- Anesthesiologists $349,940/yr New York +38.4% vs this role
- Surgeons All Other $345,710/yr New York +36.7% vs this role
- Radiologists $336,460/yr New York +33.1% vs this role
- Dermatologists $334,230/yr New York +32.2% vs this role
- Obstetricians and Gynecologists $306,240/yr New York +21.1% vs this role
- Nurse Anesthetists $285,020/yr New York +12.7% vs this role
- Emergency Medicine Physicians $257,790/yr New York +2.0% vs this role
- Physicians All Other $256,500/yr New York +1.4% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Psychiatrists salary in New York?
The average Psychiatrists salary in New York is $252,840 per year (median $265,890), which is 6.3% below the national average of $269,940.
How does New York rank for Psychiatrists pay?
New York ranks 28th out of 46 states. The highest-paying state is Missouri ($345,860/yr).
How much do entry-level Psychiatrists make in New York?
The lowest-paid 10% of Psychiatrists in New York earn about $86,120 per year and the 25th percentile is $101,460.
How much do Psychiatrists make per hour in New York?
About $121.56 per hour, based on the $252,840 annual average and 2,080 working hours per year.
How many Psychiatrists work in New York?
BLS counts 4,130 Psychiatrists jobs in New York (OEWS May 2025).
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