Psychiatrists Salary in Madison, WI

BLS Occupational Employment & Wage Statistics • May 2025 • Madison, WI

Median annual salary $296,230
Median hourly $142.42
10th percentile $76,220
90th percentile $453,440
Employed locally 160

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Psychiatrists
in
Madison, WI
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    Salary percentile breakdown

    10th
    $76,220
    25th
    $76,220
    50th (median)
    $296,230
    75th
    $335,190
    90th
    $453,440

    Madison economic context

    Unemployment rate 2.40% 2024 annual avg • BLS LAUS
    Median household income $86,827 2023 • Census ACS
    Psychiatrists salary vs area income 341% Median Psychiatrists salary is 241% 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
    Green Bay, WI $339,680
    Minneapolis-St. Paul-Bloomington, MN-WI $336,410
    Milwaukee-Waukesha, WI $331,500
    Providence-Warwick, RI-MA $287,610
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $236,740
    Western Wisconsin nonmetropolitan area $141,450

    Related occupations in Madison, WI

    OccupationMedian salary
    Registered Nurses$89,980
    Clinical Laboratory Technologists and Technicians$64,040
    Pharmacy Technicians$43,580
    Psychiatric Technicians$62,130
    Pharmacists$143,940
    Physicians, All Other$301,940

    Frequently asked questions

    How much do Psychiatrists make per hour in Madison?

    The median hourly wage for Psychiatrists in Madison, WI is $142.42, based on BLS OEWS 2025 data. Top earners (90th percentile) make $218.00 or more per hour.

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

    Entry-level Psychiatrists (10th percentile) earn around $76,220 per year in Madison, WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $76,220.