Source: SalaryDr salary data for Psychiatry (N=103 approved reports). URL: https://www.salarydr.com
Psychiatry Salary Trends 2026
2026 (26 submissions)
vs $360,000 in 2025
Across 2 years of data
Psychiatry Compensation Trends Summary
Psychiatry salaries have decreased 5.1% over the past 1 year, from a median of $360,000 in 2025 to $341,500 in 2026. This analysis is based on 103 approved physician salary reports on SalaryDr.
Yearly Salary Breakdown
| Year | Median Salary | Submissions | YoY Change |
|---|---|---|---|
| 2026 | $341,500 | 26 | -5.1% |
| 2025 | $360,000 | 77 | — |
Frequently Asked Questions
How has psychiatrist salary changed over time?
Psychiatrist salaries have decreased 5.1% over the past 1 year, moving from a median of $360,000 to $341,500, based on 103 approved salary reports on SalaryDr.
What is the current median psychiatry salary in 2026?
The median psychiatry salary is $341,500 as of the most recent data in 2026, based on 26 submissions for that year on SalaryDr.
Is psychiatry a growing field for compensation?
In the most recent year-over-year comparison, psychiatry median compensation declined by 5.1%.
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