How Much Do Child 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 child 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 child 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 child psychiatrists are offering as compensation.
Keep reading to learn more about how much child psychiatrists can expect to make in the United States.
At a Glance: Salary & Jobs for Child Psychiatrists
According to data from 2023, there were about 27,613 positions for child psychiatrists in the United States. In terms of salary, the national median salary for child 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 child psychiatrists.
How Much Money Do Child Psychiatrists Make?
Median salary is just one data point. To build a better understanding of how much money child 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 child psychiatrists.
Annual Salary for Child Psychiatrists
According to the BLS, the lowest earners for child 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 child psychiatrists in the United States in 2023 was $239,200.
Annual Salary Range For Child Psychiatrists In 2023
Hourly Salary for Child Psychiatrists
The BLS also breaks down compensation for child psychiatrists by hourly salary, and the median average hourly pay for child psychiatrists in 2023 was $115. Lowest hourly earners took home $35 while the highest reported hourly salaries for child psychiatrists was $208.
Hourly Salary Range For Child Psychiatrists In 2023
Advertised Compensation for Child Psychiatrists
Data from the BLS is one way to dig into compensation for child 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 child 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 Child Psychiatrists
Advertised Annual Salary
During a review of 51,013 job postings related to child psychiatrists, advertised salary was included in 9,571 of them, which was 19%. Based on those postings, the median advertised salary for child psychiatrists was $296,832 per year.
Hourly Salary from Job Postings for Child Psychiatrists
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for child psychiatrists. Based on 27% of postings with advertised compensation, the median hourly salary for open positions for child psychiatrists in the United States is about $143.
Salary Trend for Child Psychiatrists
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for child 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 child psychiatrists dating back to September 2020, advertised salaries for child psychiatrists have increased 23%.
Advertised Wage Trend For Child Psychiatrists
What's the Job Growth for Child 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 child psychiatrists over the next 10 years.
According to the data obtained through Lightcast,™ there were 27,599 jobs for child 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 Child Psychiatrists
Additional Links
Ready to dig deeper into career information about child psychiatrists? Visit our other pages focused on salary and education for child psychiatrists.
What do child psychiatrists do?
Child Psychiatrists: How do you become one?
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