New York Median
$265,890
per year
Hourly Rate
$127.83
based on 2,080 hrs/yr
vs National
-6% vs US median
US median $281,870
State Rank
#26 of 46
4,130 employed here
How much does a Psychiatrist make in New York?
Psychiatrists in New York take home a median of $265,890 annually — roughly $127.83 an hour — which runs 6% below the national median of $281,870.
Within New York, entry-level pay starts around $86,120 while the top 10% make $443,340 or more. The middle 50% of earners fall between $101,460 and $333,870 a year.
Psychiatrist salary range in New York
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $86,120 | $41.40 |
|
| 25th percentile (early career) | $101,460 | $48.78 |
|
| 50th percentile (median) | $265,890 | $127.83 |
|
| 75th percentile (experienced) | $333,870 | $160.51 |
|
| 90th percentile (top earners) | $443,340 | $213.14 |
|
How New York compares
New York ranks 26th 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 $271,640Colorado $266,370Illinois $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 New York
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 New York pay ($265,890) 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 New York?
The median Psychiatrist salary in New York is $265,890 per year, or about $127.83 per hour, per official BLS state wage estimates. Salaries typically range from $86,120 at the entry level to $443,340 for the top 10% of earners.
How does New York pay compare to the national average?
New York pays Psychiatrists about 6% less than the national median of $281,870. New York ranks 26th out of 46 states and territories reporting this occupation.
Is New York a good state for Psychiatrists?
Pay runs below the national median here, at $265,890 a year. About 4,130 Psychiatrists are employed in New York. 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 New York?
The highest-paying occupations in New York include Cardiologist ($492,040), Anesthesiologist ($445,660), Radiologist ($441,580), 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.