Psychiatrist salaries typically range to around $163,660 yearly in the United States. If the psychiatrist is an employee of a physician office, their average yearly salary is around $154,650. The psychiatrists who have jobs at outpatient centers make generally about $190,340 yearly. The mean hourly wage for a psychiatrist is $103.89, and the mean annual wage is estimated to be $216,090. The industries that pay the most in this career field are the local government, home health care services, outpatient centers, and the state government. The states that pay the most for psychiatrists are California, New Jersey, Alaska, South Carolina, and Indiana. belize to colombia

What is the job outlook for a psychiatrist?

The job market for psychiatry is expected to grow rapidly over the next few years. In 2018, there were around 25,630 practicing psychiatrists, and this number is supposed to grow by 11 percent by the year 2026. This profession is going to grow much faster than other career fields, and rural areas are expected to be where the most employment opportunities are for psychiatrists. There is a significant shortage in this growing field. Therefore, there is a huge need for more psychiatrists to enter the field. The states with the highest employment level for psychiatry are New York, California, Ohio, Texas, and New Jersey. The industries that have the highest level of employment in this field are psychiatric and substance abuse hospitals, general medical and surgical hospitals, and outpatient centers. The competition in this field remains high, and geriatric and child psychiatrists are currently the most needed.

Conclusion/Call to Action

Becoming a psychiatrist is an incredible career choice, and you should invest in learning more about the length of time it will take to be able to practice, determine the costs of training, and find out more about the salary you can earn over time. Choosing a career is never an easy choice, and you should take the time to explore the many different options available within this career field.

Please consider applying to our mental health internship program at International Medical Aid. This internship opportunity will provide you with the hands-on experience and in-depth understanding of the psychiatry medical field. International Medical Aid offers top-rated mental health internships abroad in several different mental health specialties. This is a great opportunity to gain unique learning and overseas experiences while also helping you decide on which specialty you would like to pursue in the field of psychiatry. Psychiatrists work and focus primarily on the mental health field, so this internship program would be very beneficial when it comes to your future career.