Career Atlas USA

Psychiatrists Salary in Milwaukee-Waukesha, WI

According to the latest U.S. Bureau of Labor Statistics data, the median annual wage for Psychiatrists in Milwaukee-Waukesha, WI is $331,500. BLS estimates approximately 180 people work in this occupation in Milwaukee-Waukesha, WI. Milwaukee-Waukesha, WI is 17.6% above the national median ($281,870).

Median salary
$331,500
Average salary
$295,700
Median hourly
$159.38
Employment
180

Salary Distribution

Not everyone earns the median. Percentile wages show the range of pay within this occupation.

PercentileAnnual wageHourly wage
10th percentile$137,720$66.21
25th percentile$224,390$107.88
Median (50th)$331,500$159.38
75th percentile$352,050$169.25
90th percentile$384,730$184.97

Data Reliability

BLS OEWS is a survey, not a full census — every estimate carries a margin of error. The relative standard error (RSE) below is BLS’s own measure of how much an estimate could vary; lower is more precise.

Wage estimate
RSE 5.2% — Reliable
Employment estimate
RSE 7.4% — Reliable

Where Does Your Salary Fall?

Enter an annual salary to see roughly where it falls among reported wages for this occupation, based on the percentile points above.

$

Concentration

Jobs per 1,000
0.214
Location quotient
1.19

Cost-of-Living Adjusted Salary

Milwaukee-Waukesha, WI’s regional price level is below the national average (index 96.937, where 100 = U.S. average). Adjusted for that, the median salary has the purchasing power of $341,975 at the national price level.

This is a Career Atlas USA calculation based on BLS wage data and BEA Regional Price Parities. It is not a separate BLS wage estimate. Wage data: May 2025. Cost-of-living data: 2024.

Sources

Wage data: BLS Occupational Employment and Wage Statistics (OEWS)May 2025 (release 25).

Figures shown as “Not available” reflect wages the source does not publish (e.g. suppressed for reliability), not zero.

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