How long does it take to become a psychiatrist?
Psychiatrists earn a median of about $249,000 a year (about $120/hour) in the US — from around $170,000 entering the field to $320,000+ at the top. Becoming one usually takes about 12–14 years: Medical degree (MD/DO) + residency. A full physician path — about 12 years from starting college to practice.
Psychiatrist salary
| Entry level (10th percentile) | $170,000 |
| Median (typical) | $249,000 |
| Experienced (90th percentile) | $320,000+ |
| Median hourly | $120/hr |
Approximate US figures based on public wage data (BLS OEWS). Actual pay varies by employer, experience and location.
The path to becoming a psychiatrist
- 1Earn a bachelor's degree
- 2Complete medical school (MD/DO)
- 3Finish a 4-year psychiatry residency
- 4Get licensed and board-certified
What you need
- MD or DO degree
- Psychiatry residency
- State medical license + board certification
Psychiatry is among the highest-paid physician fields, with rising demand.
Psychiatrist salary by state
Local pay varies with cost of living. See an estimate for your state:
Psychiatrist — frequently asked questions
How long does it take to become a psychiatrist?
It usually takes about 12–14 years. The typical path: Earn a bachelor's degree; Complete medical school (MD/DO); Finish a 4-year psychiatry residency; Get licensed and board-certified.
How much do psychiatrists make?
The median pay is about $249,000 a year ($120/hour). Most earn between roughly $170,000 and $320,000, depending on experience, employer and location. See the state pages for local estimates.
Do you need a degree to become a psychiatrist?
Entry requires: MD or DO degree; Psychiatry residency; State medical license + board certification. Psychiatry is among the highest-paid physician fields, with rising demand.
Related careers
General information to help you plan a career — not career, legal or financial advice. Salary figures are estimates and training times are typical routes; both vary by state, program and individual. Check official sources and accredited programs before making decisions.