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Psychiatrist

$281,870
median / year
$84,060 – $446,520
what most earn per year (10th–90th percentile)

What the job actually is

Diagnose and treat mental illness, prescribe medication, and provide therapy to patients with psychiatric conditions.

You may also see this posted as: Child Psychiatrist, Outpatient Psychiatrist, Staff Psychiatrist, Adult Psychiatrist, Consulting Psychiatrist, Medical Doctor (MD).

Where you work

Hospitals, clinics, and private practice

The hours

Full-time, some on-call

The day to day

What you'd actually spend time doing

  • Prescribe, direct, or administer psychotherapeutic treatments or medications to treat mental, emotional, or behavioral disorders.
  • Gather and maintain patient information and records, including social or medical history obtained from patients, relatives, or other professionals.
  • Design individualized care plans, using a variety of treatments.
  • Collaborate with physicians, psychologists, social workers, psychiatric nurses, or other professionals to discuss treatment plans and progress.
  • Analyze and evaluate patient data or test findings to diagnose nature or extent of mental disorder.

Good fit if you like…

Investigative

solving problems, analyzing evidence, and figuring out how things work

Social

helping, teaching, caring for, or supporting other people

Conventional

organizing information, following systems, and getting details right

O*NET job zone 5 of 5

Extensive preparation—often graduate education and significant experience—is common.

Work styles that matter most

EmpathyIntegrityDependabilitySelf-Control

Software that shows up in the work

Examples employers report—not a checklist you must already know.

eClinicalWorks EHR softwareEpic SystemsMEDITECH softwareMicrosoft ExcelMicrosoft Office softwareMicrosoft Outlook

By the numbers

May 2025 BLS wage & employment data · 2024–34 BLS employment projections.

Median pay
$281,870
per year
Hourly median
$135.51
per hour
What most earn
$84,060–$446,520
yearly, 10th to 90th percentile
Openings a year
~900
projected, 2024–34
Outlook to 2034
+6.1%
Faster than average
Working in the U.S.
27,980
people, nationwide

Openings a year counts new jobs plus the ones that open when people retire or move on — a truer picture of your odds than growth alone.

“Median” means half earn more and half earn less. Your city, employer, and years on the job move it a lot — that is what the 10th-to-90th range shows.

BLS estimates 3.7% of workers in this occupation are self-employed.

What it pays in your state

Statewide medians are a better starting point than the national number. Your city and experience still matter.

BLS state wage tables

How you get in

Typical starting education

Doctoral / professional degree

Training path: Medical degree plus residency.

Related work experience: None.

On-the-job training: Internship/residency.

License or certification

A medical degree, residency, and state medical license are required.

Check the path where you live

Licensing rules and available programs change by state. These federal tools take you to the current official listings.

What it takes

Clinical judgmentListeningDiagnosisEmpathy

The honest take

Among the highest-paid work in medicine and badly needed, but it takes a medical degree and years of residency to reach.

Standard Occupational Classification 29-1223. Pay and employment from the BLS May 2025 OEWS survey; outlook and openings from the 2024–34 employment projections; job context from the Occupational Outlook Handbook; tasks, interests, work styles, software examples, and job zone from O*NET 30.3. See something off? Tell us.