Psychiatrist

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AVG. SALARY

$343,680

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EDUCATION

First professional degree

Money & Outlook

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North Dakota Earnings

Average Annual Wage

$343,680

Entry Annual Wage

$204,440

Experienced Annual Wage

$239,200

Average Hourly Wage

$165.23

Entry Hourly Wage

$98.29

Experienced Hourly Wage

$115.00

Median Hourly Wage

$115.00


North Dakota's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Region 5 15 20%

National Earnings

Average Annual Wage

$269,120

Average Hourly Wage

$129.39

Average Annual Range

$77,360 to $239,200

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2023 to 2033 is estimated to be +8%.
(The National average for all occupations is +4%)
Job Openings very small number
  Less than 1000 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
Employment small occupation
  This was a small occupation in the United States, employing 27,000 workers in 2023.
(The National average for all occupations is 150,944 workers)
Growth Faster than average growth
  Population growth and an increasing number of older adults, who have a higher likelihood than young people of experiencing health problems and of needing complex care, are expected to drive overall employment growth for physician and surgeons. Growing demand for psychiatric care and improved access to mental health services will contribute to a need for psychiatrists. 
Industries Large concentrations of this occupation are found in these industries
  • Health care and social assistance (NAICS620000) (79.1%)
  • Ambulatory health care services (NAICS621000) (42.1%)
  • Hospitals (NAICS622000) (32.1%)
  • Offices of physicians (NAICS621100) (25.8%)
  • Outpatient care centers (NAICS621400) (10.6%)
  • Outpatient mental health and substance abuse centers (NAICS621420) (8.1%)