How much does a psychiatrist make in Madison?
$296,200a year
Median yearly pay for psychiatrists in the Madison, WI metro area. That is $142.42 an hour or $24,690 a month.
- Hourly
- $142.42
- Vs. national median
- +5%
- Rank among cities
- 39 of 103
- Jobs in the area
- 160
Pay range
Lowest 10%: $76,220Median: $296,200Highest 10%: $453,400
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $76,220 | $36.64 | |
| 25th | $76,220 | $36.64 | |
| Median | $296,200 | $142.42 | |
| 75th | $335,200 | $161.15 | |
| 90th | $453,400 | $218.00 |
Other cities in Wisconsin
Median yearly pay for psychiatrists.
| Green Bay, WI | $339,700 |
| Minneapolis, MN | $336,400 |
| Milwaukee, WI | $331,500 |
Related jobs in Madison
Same field, median yearly pay.
| Emergency Medicine Physician | $340,200 |
| General Internal Medicine Physician | $329,700 |
| Physician | $301,900 |
| Family Medicine Physician | $291,000 |
| Nurse Anesthetist | $284,000 |
| Obstetrician and Gynecologist | $227,700 |
| Dentist | $176,500 |
| Pharmacist | $158,100 |
| Radiologist | $135,000 |
| Physician Assistant | $134,000 |
Frequently asked questions
How much does a psychiatrist make an hour in Madison?
The median hourly pay in the Madison, WI metro area is $142.42 ($296,200 a year).
Do psychiatrists make more in Madison than the national average?
Yes: $296,200 against $281,900 nationally, 5% more.
How does Madison compare with the rest of Wisconsin?
The median in Wisconsin is $331,100, so Madison pays 11% less.
Where does Madison rank for psychiatrist pay?
39 of 103 metro areas with data.
How much does a psychiatrist make starting out in Madison?
The lowest-paid 10% make $76,220 or less a year; the top 10% make $453,400 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.