PlanexAI

How to Become a Psychiatrist

Diagnose and treat mental illness as a physician, combining psychotherapy, medication management, and medical insight. It typically requires a doctoral degree (md/do) + residency, with a median salary of $281,870 per year and faster than average projected job growth.

Median pay

$281,870/yr

Middle half

$154,150 to $362,740

Job growth

Faster than average

Openings / yr

900

Majors that lead here

Key skills

  • Psychiatric Assessment
  • Psychopharmacology
  • Active Listening
  • Critical Thinking
  • Empathy

Helpful certifications

  • USMLE/COMLEX + ABPN board certification

Is this career a fit?

Remote-friendly

2/100

Work-life balance

66/100

Stress level

76/100

Related careers

Frequently asked questions

How much does a Psychiatrist make?

The median pay for a Psychiatrist is $281,870 a year, and the middle half of workers earn between $154,150 and $362,740 (U.S. Bureau of Labor Statistics, May 2025). That covers everyone in the job, not only people starting out, so newer workers sit toward the lower end.

What degree do you need to become a Psychiatrist?

The usual entry point is a doctoral degree (md/do) + residency. Common majors are Psychology, Biology, Neuroscience, and Pre-Med / Pre-Health.

Is Psychiatrist a growing field?

Projected job growth for this role from 2024 to 2034 is faster than average (BLS projections via O*NET), with roughly 900 U.S. openings a year.

What skills does a Psychiatrist use most?

Common skills for this role are Psychiatric Assessment, Psychopharmacology, Active Listening, Critical Thinking, and Empathy.

Planning to become a Psychiatrist?

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Where these pay figures come from

Career pay is the annual wage of everyone working in that occupation, not only recent graduates, so it includes people who have done the job for decades. The middle half is the 25th to the 75th percentile. U.S. Bureau of Labor Statistics and O*NET OnLine (median and percentile annual wages May 2025; employment projections 2024-2034).

All figures are national. What you earn depends on where you work, who you work for, and how far you take the degree.

Job-growth figures: U.S. Bureau of Labor Statistics and O*NET OnLine (median and percentile annual wages May 2025; employment projections 2024-2034).