Wages vary by years of experience, area of the country, and hours worked. The doctor's skill, personality, and professional reputation also affect wages. Self-employed psychiatrists generally earn more than those who are not self-employed.
Salaried psychiatrists who work full time usually receive benefits. Typical benefits include sick leave, paid vacation, and health insurance. Some employers also provide a retirement plan.
Psychiatrists (SOC 29-1223)
| Location |
Pay Period | |
||
| 25% |
Median |
75% |
||
| Illinois | Hourly | $82.41 | $127.88 | $187.39 |
| Yearly | $171,418 | $265,983 | $389,774 | |
| Champaign Area | Hourly | $97.40 | $162.97 | $225.99 |
| Yearly | $202,595 | $338,972 | $470,071 | |
| Cook County | Hourly | $82.41 | $127.88 | $156.36 |
| Yearly | $171,414 | $265,997 | $325,223 | |
| Dekalb-Elgin-Aurora Area | Hourly | $67.74 | $82.41 | $127.90 |
| Yearly | $140,899 | $171,414 | $266,040 | |
| Du Page County | Hourly | $82.41 | $108.35 | $197.45 |
| Yearly | $171,413 | $225,362 | $410,692 | |
| Edwardsville Area | Hourly | $67.82 | $118.14 | $118.14 |
| Yearly | $141,052 | $245,721 | $245,721 | |
| Peoria-Bloomington Area | Hourly | $75.37 | $117.00 | $149.95 |
| Yearly | $156,776 | $243,342 | $311,902 | |
| Quincy-Macomb-Galesburg Area | Hourly | $173.20 | $189.24 | $201.83 |
| Yearly | $360,240 | $393,623 | $419,790 | |
| Rock Island-Moline Area | Hourly | $73.59 | $114.20 | $146.32 |
| Yearly | $153,072 | $237,532 | $304,358 | |
| Springfield Area | Hourly | $109.80 | $193.66 | $204.55 |
| Yearly | $228,378 | $402,819 | $425,472 | |
| United States | Hourly | $74.11 | $135.51 | $174.39 |
| Yearly | $154,150 | $281,870 | $362,740 | |