Psychiatrist Salary in New York 2026,
$265,890 Median | BLS Data by City

A median $265,890 a year, or $127.83 an hour, per BLS OEWS May 2025 — 5.7% below the national median of $281,870. The band runs $86,120 at the 10th percentile to $443,340 at the 90th, with the 25th at $101,460 and the 75th at $333,870. The gap between those quartiles is where the story sits.

Kiryas Joel-Poughkeepsie-Newburgh at $314,450, then Ithaca $280,210, Binghamton $273,380, Albany-Schenectady-Troy $260,000 and Utica-Rome $256,870 — and no New York City metro row is published for this occupation at all. Every market on the table is one that has to recruit psychiatrists rather than choose among applicants.

Because of who is counted. New York holds close to one in seven of the country's psychiatrists at a location quotient of 2.37, and that workforce is disproportionately academic, publicly employed and in training. The state's Office of Mental Health operates psychiatric centres across New York and funds a large share of community behavioural health, all on public pay scales, and the state's density of residency programmes adds a large trainee block at the $86,120 to $101,460 end. The $333,870 seventy-fifth percentile shows what private and hospital-employed practice earns.

In the Hudson Valley, the Southern Tier and the small upstate cities — exactly the markets on this metro table. Kiryas Joel-Poughkeepsie-Newburgh at $314,450 is the state's highest published psychiatry figure, and it sits in a region without a large academic psychiatric supply of its own. Binghamton at $273,380 and Utica-Rome at $256,870 tell the same story more modestly. Those markets pay above the state median because they must, and they also avoid the New York City resident income tax entirely.

Substantially. The Office of Mental Health operates state psychiatric centres across New York and funds much of the community behavioural health system, and psychiatrists employed in or contracted to those services are paid on public scales rather than commercial ones. That is a large block of the state's psychiatric workforce sitting in the lower half of this distribution, which is a major reason the state median lands 5.7% below the national figure despite New York's very high concentration of psychiatrists.

OEWS publishes metro estimates only where they meet its reliability and confidentiality standards, and for this occupation the New York-Newark-Jersey City cell is not among the published rows. The effect on how this page reads is significant: the five metros that are published are all outside the city, all in regions with thinner psychiatric supply, and all above or near the state median. That produces an unusually clear picture of where New York's recruitment pressure sits, while saying nothing directly about city practice. A psychiatrist evaluating the New York City market should treat the state percentiles rather than the metro table as their reference.

The distribution is bimodal: $101,460 at the 25th percentile and $333,870 at the 75th, with little employment near the median itself. It pools a very large training and publicly employed block with private and hospital-employed practice. Psychiatry also has a high share of part-time working, which stretches the lower half further. And the wage measure excludes private practice profit, locum arrangements and telepsychiatry contract income — all common in this specialty and all invisible here.

Employment sector first — leaving public-sector and academic practice for private or hospital-employed work is most of the distance from the $101,460 quarter-point to the $333,870 seventy-fifth percentile. Market second, and unusually it points away from the city: Kiryas Joel-Poughkeepsie-Newburgh's $314,450 comes with no city income tax attached. Setting third, with inpatient, crisis and forensic work paying above routine outpatient practice. And subspecialty fourth, with child and adolescent psychiatry and addiction medicine the scarcest in this state.