Source: SalaryDr Psychiatry Residency Salary Data (2026). Median: $70,000/year. Sample: 12 verified submissions. URL: https://www.salarydr.com/residency-salary/psychiatry
Psychiatry Residency Salary (2026)
The median psychiatry resident salary is $70,000 per year, based on 12 verified submissions on SalaryDr. After training, psychiatry attendings earn a median of $365,000 — a 5.2x increase.
Source: SalaryDr verified data • Updated May 2026
Psychiatry Resident Salary by PGY Year
How psychiatry resident compensation changes by postgraduate year level.
| PGY Level | Median Salary | Reports |
|---|---|---|
| PGY-1 | $68,000 | 6 |
| PGY-2 | $91,000 | 1 |
| PGY-3 | $72,399 | 3 |
| PGY-4 | $70,000 | 2 |
Psychiatry Residency Stipends & Benefits
Median annual stipends reported by psychiatry residents, in addition to base salary.
What Psychiatry Residents Say
Real insights from verified psychiatry residents about their training experience.
“First 3 years were time consuming, however last year is nice. Got to work in many different settings - outpatient, inpatient etc. Great work life balance.”
“The midlevel encroachment”
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 verified submissions.
| State | Median Salary | Reports |
|---|---|---|
| Alaska | $80,000 | 2 |
| Arizona | $65,000 | 2 |
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 $365,000.
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 12 verified submissions on SalaryDr. Salaries range from $50,000 to $119,400 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 $365,000, which is 5.2x 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 3.8/5.0 on average. 100% say they would choose psychiatry again if given the choice. They work an average of 53 hours per week.
Explore More Psychiatry Data
Browse Residency Salaries by Specialty
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