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Psychiatrist Salary in New York

Median annual pay in New York

$265,890

$127.83/hour

BLS OEWS, May 2025

Adjusted for cost of living in New York

$246,375

Regional Price Parity: 107.921 (U.S. = 100)

How the adjustment works

Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.

Difference from the U.S. median ($281,870): −$15,980 (−5.7%)

New York ranks 26th of 46 states by median pay, and 34th of 46 after adjusting for cost of living.

Pay

Annual and hourly pay in New York
AnnualHourly
10th percentile$86,120$41.40
25th percentile$101,460$48.78
Median$265,890$127.83
75th percentile$333,870$160.51
90th percentile$443,340$213.14

Employment

Employment in New York
4,130

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Comparison

Compared with the U.S.

Median annual pay in New York
$265,890
Median annual pay in the U.S.
$281,870
Difference
−$15,980 (−5.7%)

Cost of living

$265,890 ÷ 107.921 × 100 = $246,375

Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.

Ranking

Psychiatrist median pay by state · Rows 24–28 of 46
RankMedian annual payAdjusted for cost of living (annual)
Oklahoma
24th $271,640 $309,234
10th
Colorado
25th $266,370 $258,481
28th
New York This page
26th $265,890 $246,375
34th
Illinois
27th $258,740 $258,849
27th
Arizona
28th $249,720 $248,041
31st
See all 46 states ranked for Psychiatrist

Similar occupations

Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.

  1. Pediatrician, General salary in New York

    $212,150/year New York

  2. Neurologist salary in New York

    $155,990/year New York

  3. Registered Nurse salary in New York

    $109,440/year New York

  4. Family Medicine Physician salary in the U.S.

    $244,180/year U.S.

  5. General Internal Medicine Physician salary in the U.S.

    $256,560/year U.S.

  6. Psychologists, All Other salary in New York

    $128,320/year New York

Outlook

Projected employment change, 2025–35 (U.S.)
+7.2%
Typical education needed for entry (U.S.)
Doctoral or professional degree

BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35

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Psychiatrist salary in nearby places

  1. Psychiatrist salary in Connecticut

    $326,670/year Connecticut

  2. Psychiatrist salary in New Jersey

    $194,070/year New Jersey

  3. Psychiatrist salary in Pennsylvania

    $278,970/year Pennsylvania

  4. Psychiatrist salary in Rhode Island

    $287,610/year Rhode Island

  5. Psychiatrist salary in Vermont

    $302,770/year Vermont

  6. Psychiatrist salary in the U.S.

    $281,870/year U.S.

Sources and update

Last updated

How these figures are calculated