Psychiatrists Salary in New York-Newark-Jersey City, NY-NJ
According to the latest U.S. Bureau of Labor Statistics data, the median annual wage for Psychiatrists in New York-Newark-Jersey City, NY-NJ is $249,130. BLS estimates approximately 4,180 people work in this occupation in New York-Newark-Jersey City, NY-NJ. New York-Newark-Jersey City, NY-NJ is 11.6% below the national median ($281,870).
Salary Distribution
Not everyone earns the median. Percentile wages show the range of pay within this occupation.
| Percentile | Annual wage | Hourly wage |
|---|---|---|
| 10th percentile | $87,120 | $41.89 |
| 25th percentile | $105,960 | $50.94 |
| Median (50th) | $249,130 | $119.77 |
| 75th percentile | $348,900 | $167.74 |
| 90th percentile | $443,340 | $213.14 |
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 2.4% — Very reliable
- Employment estimate
- RSE 6.4% — 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
- 0.44
- Location quotient
- 2.44
Cost-of-Living Adjusted Salary
New York-Newark-Jersey City, NY-NJ’s regional price level is above the national average (index 112.563, where 100 = U.S. average). Adjusted for that, the median salary has the purchasing power of $221,325 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.