Colorado Median
$266,370
per year
Hourly Rate
$128.06
based on 2,080 hrs/yr
vs National
-5% vs US median
US median $281,870
State Rank
#25 of 46
270 employed here
How much does a Psychiatrist make in Colorado?
Psychiatrists in Colorado take home a median of $266,370 annually — roughly $128.06 an hour — which runs 5% below the national median of $281,870.
Within Colorado, entry-level pay starts around $134,050 while the top 10% make $353,330 or more. The middle 50% of earners fall between $228,210 and $313,920 a year.
Psychiatrist salary range in Colorado
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $134,050 | $64.45 |
|
| 25th percentile (early career) | $228,210 | $109.72 |
|
| 50th percentile (median) | $266,370 | $128.06 |
|
| 75th percentile (experienced) | $313,920 | $150.92 |
|
| 90th percentile (top earners) | $353,330 | $169.87 |
|
How Colorado compares
Colorado ranks 25th out of 46 states and territories for Psychiatrist pay. The top 5 best-paying states:
Psychiatrist salary in other states
California $353,500Louisiana $345,040Alaska $342,170Minnesota $336,410Wisconsin $331,070Connecticut $326,670Florida $316,200Oregon $314,880Missouri $312,680Maryland $305,320Washington $304,920Vermont $302,770Maine $300,180Utah $299,670Iowa $295,270Virginia $295,010Michigan $291,850Hawaii $289,990Rhode Island $287,610Indiana $284,110Delaware $279,410Pennsylvania $278,970Kansas $278,100Oklahoma $271,640New York $265,890Illinois $258,740Arizona $249,720New Hampshire $246,140Ohio $244,990Kentucky $237,770Georgia $237,480South Carolina $237,250Texas $228,460New Mexico $227,730South Dakota $226,180Tennessee $214,880Mississippi $213,680Nevada $210,030New Jersey $194,070District of Columbia $183,080North Carolina $168,880Nebraska $135,180Arkansas $124,750Idaho $75,470West Virginia $63,320
Working as a Psychiatrist in Colorado
Nationally, about 28,000 people work as Psychiatrists in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Colorado pay ($266,370) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Psychiatrist make in Colorado?
The median Psychiatrist salary in Colorado is $266,370 per year, or about $128.06 per hour, per official BLS state wage estimates. Salaries typically range from $134,050 at the entry level to $353,330 for the top 10% of earners.
How does Colorado pay compare to the national average?
Colorado pays Psychiatrists about 5% less than the national median of $281,870. Colorado ranks 25th out of 46 states and territories reporting this occupation.
Is Colorado a good state for Psychiatrists?
Pay runs below the national median here, at $266,370 a year. About 270 Psychiatrists are employed in Colorado. A lower cost of living can offset the smaller paycheck, so compare take-home value, not just salary.
What are the highest-paying jobs in Colorado?
The highest-paying occupations in Colorado include Orthodontist ($416,000), Dermatologist ($398,810), Orthopedic Surgeon, Except Pediatric ($385,410), based on median annual pay in official BLS state estimates.
← See the national Psychiatrist salary report
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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.