Psychiatrists Salary in Chicago, IL-IN

BLS Occupational Employment & Wage Statistics • May 2025 • Chicago-Naperville-Elgin, IL-IN

Median annual salary $258,750
Median hourly $124.40
10th percentile $134,770
90th percentile $487,560
Employed locally 600

Compare Psychiatrists salary & buying power

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Psychiatrists
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Chicago, IL-IN
vs

    Salary percentile breakdown

    10th
    $134,770
    25th
    $166,750
    50th (median)
    $258,750
    75th
    $341,070
    90th
    $487,560

    Chicago economic context

    Unemployment rate 5.10% 2024 annual avg • BLS LAUS
    Median household income $88,850 2023 • Census ACS
    Psychiatrists salary vs area income 291% Median Psychiatrists salary is 191% above the area median household income

    Top-paying metros for Psychiatrists

    Metro areaMedian salary
    Springfield, IL $413,890
    Burlington-South Burlington, VT $409,950
    Gainesville, FL $404,240
    Miami-Fort Lauderdale-West Palm Beach, FL $403,430
    Ocala, FL $396,200
    New Haven, CT $381,890

    Nearby metros — Psychiatrists salary comparison

    Metro areaMedian salary
    Springfield, IL $413,890
    Gainesville, FL $404,240
    West Central Illinois nonmetropolitan area $350,430
    Milwaukee-Waukesha, WI $331,500
    Jacksonville, FL $319,610
    St. Louis, MO-IL $298,160

    Related occupations in Chicago, IL-IN

    OccupationMedian salary
    Registered Nurses $96,480
    Pharmacy Technicians $45,570
    Physicians, All Other $215,680
    Licensed Practical and Licensed Vocational Nurses $72,920
    Pharmacists $137,610
    Physical Therapists $104,200

    Frequently asked questions

    How much do Psychiatrists make per hour in Chicago?

    The median hourly wage for Psychiatrists in Chicago, IL-IN is $124.40, based on BLS OEWS 2025 data. Top earners (90th percentile) make $234.40 or more per hour.

    What is the entry-level salary for Psychiatrists in Chicago?

    Entry-level Psychiatrists (10th percentile) earn around $134,770 per year in Chicago, IL-IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $166,750.