How Much Do Adult Psychiatrists Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary adult psychiatrists make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for adult psychiatrists and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of adult psychiatrists are offering as compensation.
Keep reading to learn more about how much adult psychiatrists can expect to make in the United States.
At a Glance: Salary & Jobs for Adult Psychiatrists
According to data from 2023, there were about 27,613 positions for adult psychiatrists in the United States. In terms of salary, the national median salary for adult psychiatrists was reported to be $239,200. Additionally, when examining job demand, employers across the country posted 35,628 job postings related to positions for adult psychiatrists.
How Much Money Do Adult Psychiatrists Make?
Median salary is just one data point. To build a better understanding of how much money adult psychiatrists and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for adult psychiatrists.
Annual Salary for Adult Psychiatrists
According to the BLS, the lowest earners for adult psychiatrists and related professions earned about $73,278 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $431,620 annually.
As mentioned previously, the median salary for adult psychiatrists in the United States in 2023 was $239,200.
Annual Salary Range For Adult Psychiatrists In 2023
Hourly Salary for Adult Psychiatrists
The BLS also breaks down compensation for adult psychiatrists by hourly salary, and the median average hourly pay for adult psychiatrists in 2023 was $115. Lowest hourly earners took home $35 while the highest reported hourly salaries for adult psychiatrists was $208.
Hourly Salary Range For Adult Psychiatrists In 2023
Advertised Compensation for Adult Psychiatrists
Data from the BLS is one way to dig into compensation for adult psychiatrists, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for adult psychiatrists.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Adult Psychiatrists
Advertised Annual Salary
During a review of 51,013 job postings related to adult psychiatrists, advertised salary was included in 9,571 of them, which was 19%. Based on those postings, the median advertised salary for adult psychiatrists was $296,832 per year.
Hourly Salary from Job Postings for Adult Psychiatrists
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for adult psychiatrists. Based on 27% of postings with advertised compensation, the median hourly salary for open positions for adult psychiatrists in the United States is about $143.
Salary Trend for Adult Psychiatrists
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for adult psychiatrists. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for adult psychiatrists dating back to September 2020, advertised salaries for adult psychiatrists have increased 23%.
Advertised Wage Trend For Adult Psychiatrists
What's the Job Growth for Adult Psychiatrists?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for adult psychiatrists over the next 10 years.
According to the data obtained through Lightcast,™ there were 27,599 jobs for adult psychiatrists in the United States in 2023. By 2033, it is expected that about 3,078 jobs will be added. That's a 11.2% increase over the next 10-year period.
Employment Projections For Adult Psychiatrists
Additional Links
Ready to dig deeper into career information about adult psychiatrists? Visit our other pages focused on salary and education for adult psychiatrists.
What do adult psychiatrists do?
Adult Psychiatrists: How do you become one?
All Occupations
The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.