Source: SalaryDr Psychiatry Residency Salary Data (2026). Median: $70,000/year. Sample: 48 approved salary reports. URL: https://www.salarydr.com/residency-salary/psychiatry
Psychiatry Residency Salary (2026)
The median psychiatry resident salary is $70,000 per year, based on 48 approved salary reports on SalaryDr. After training, psychiatry attendings earn a median of $350,000 — a 5.0x increase.
Source: SalaryDr self-reported data • Updated Nov 2026
Psychiatry Resident Salary by PGY Year
How psychiatry resident compensation changes by postgraduate year level.
| PGY Level | Median Salary | Reports |
|---|---|---|
| PGY-1 | $66,000 | 23 |
| PGY-2 | $84,600 | 9 |
| PGY-3 | $70,000 | 8 |
| PGY-4 | $77,000 | 6 |
Psychiatry Residency Stipends & Benefits
Median annual stipends reported by psychiatry residents, in addition to base salary.
Psychiatry: Resident vs. Attending Salary
The salary jump from residency to attending is the largest increase in a physician’s career.
Psychiatry Resident Salary by State
Top-paying states for psychiatry residents based on approved salary reports.
| State | Median Salary | Reports |
|---|---|---|
| Alabama | $68,333 | 6 |
| Texas | $66,664 | 7 |
Psychiatry Residency Training
Training Length
4 years
Salary Progression
Resident salary increases ~$2,000–$3,000 per PGY year. After completing training, attending psychiatry physicians earn a median of $350,000.
Frequently Asked Questions: Psychiatry Residency Salary
How much do psychiatry residents make in 2026?
Psychiatry residents earn a median salary of $70,000 per year based on 48 approved salary reports on SalaryDr. The middle 80% report between $60,000 and $88,900, depending on PGY level and location.
How long is psychiatry residency?
Psychiatry residency training is 4 years. Salary increases with each year of training, typically by $2,000–$3,000 per PGY level.
How much more do psychiatry attendings make compared to residents?
Psychiatry attending physicians earn a median of $350,000, which is 5.0x more than the median resident salary of $70,000. This gap represents the largest salary jump in a physician's career.
Are psychiatry residents satisfied with their specialty choice?
Psychiatry residents rate their career satisfaction at 3.7/5.0 on average. 97% say they would choose psychiatry again if given the choice. They work an average of 51 hours per week.
Explore More Psychiatry Data
Browse Residency Salaries by Specialty
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