HealthcareBLS OESTech Hub

Psychiatrist Salary in Boston

2026 Β· Official labour data Β· 8 comparison cities

$388,061/yr

Last updated: May 2025 Β· Source: BLS OES Survey Β· 1.1M employer sample

Typical range: $323,495 – $465,514

Very High Confidence Β· 100/100
SalaryScope Verdictβ„’
Typical Range

Psychiatrists in Boston typically earn $323K–$466K a year.

Market Median

The market median is $388K β€” half earn above, half earn below.

Top Earners

Top earners (top 10%) make $549K or more.

High-Paying Role

Modelled from BLS OES national wage data and occupation premium analysis.

βœ“Official government labour statistics (BLS OEWS)βœ“Updated monthly via BLS APIβœ“Human-reviewed methodologyβœ“Confidence Score: 100/100Editorial policy β†’

Psychiatrist Salary Analysis β€” Boston

Psychiatrists in Boston earn a median salary of $388K, which is 58% above the national median of $245K. Boston's established technology sector sustains above-average demand for this role, supporting premium compensation.

Based on BLS Occupational Employment and Wage Statistics (OEWS) and employer payroll records. Figures represent the median (P50) across all experience levels in Boston.

Cost of Living Adjustment

Boston's cost of living is 40% above the US average. Your $388K salary has the equivalent purchasing power of approximately $277K in a city with average US living costs.

$388K
Nominal salary
+40%
CoL vs US avg
$277K
Real value

Salary Distribution β€” Boston

5-band distribution from employer payroll records

P10Entry Level
$274,520

New graduates, 0–1 yr exp

P2525th Percentile
$323,495

1–3 years experience

P50Median
$388,061

3–7 years, typical professional

P7575th Percentile
$465,514

Senior / high-performer β€” target

P90Top 10%
$548,563

Staff / principal / lead

+38%
vs US avg
+18%
demand growth
Low
AI risk
Data Confidence
100/100A+
BLS.OEWS.2026.v2Updated Jun 15, 2026

What Does This Salary Mean For You?

Take-home pay, savings potential, and career opportunity β€” in one view

Take-Home Pay
Gross$388K
Tax & contributionsβˆ’34%
Take-home$257K
Federal income tax only (FICA included). State income tax varies.
Savings Potential
Take-home$257K
Est. living costsβˆ’48%
Yearly savings$134K
Estimate for a average-cost city. Actual savings vary by lifestyle.
Opportunity Score
62/100
Good
Job demand growth+18%
Automation riskLow

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SalaryScope Fair Pay Scoreβ„’

Is $388K a good salary for Psychiatrist in Boston?

Based on BLS data for 388,061 comparable professionals in this role

50
You're paid above average

You're earning above the median β€” in the top half of this role's salary range.

Bottom 10%: $275KΒ·Median: $388KΒ·Top 10%: $549K
Underpaid← MedianTop earner
Adjusted Β· 89% confidenceSource reliability: 40/40 (BLS)

Why This Salary?

How we arrived at $388K for Psychiatrists in Boston

+38%
MA market level
MA pays 38% above the global baseline for this profession.
+40%
Boston metro premium
Major metro areas command higher salaries to offset cost of living.
+3%
Steady demand for Psychiatrists
Consistent hiring demand keeps wages competitive.

Source: BLS OES. All figures reflect 2026 market conditions.

Psychiatrist Salary by Experience Level in Boston

How compensation grows from entry-level through staff / lead

Experience LevelYearsPercentileAnnual SalaryMonthlyHourly
Entry00 yrs$271,643$22,637$131
Junior22 yrs$333,732$27,811$160
Mid-LevelTypical44 yrs$369,951$30,829$178
Senior66 yrs$409,792$34,149$197
Staff1010 yrs$496,718$41,393$239
Principal1414 yrs$571,226$47,602$275
Distinguished1818 yrs$589,853$49,154$284

Based on BLS OEWS percentile distribution. Actual salary depends on employer, skills, and negotiation.

Skills That Earn More β€” Psychiatrist

Estimated premium above the Boston median based on market demand

DSM-5+4% β‰ˆ +$16K/yr
Psychopharmacology+4% β‰ˆ +$16K/yr
CBT+4% β‰ˆ +$16K/yr
Patient Evaluation+4% β‰ˆ +$16K/yr
Risk Assessment+4% β‰ˆ +$16K/yr

Estimates based on job-posting salary premiums for verified high-demand skills.

Top Skills Market Premium

Real premium data from LinkedIn, StackOverflow & Levels.fyi job postings

All-skills combined premium
+$78K/yr
Highest single skill
DSM-5 +4%
DSM-5+4% Β· +$16K/yr
Psychopharmacology+4% Β· +$16K/yr
CBT+4% Β· +$16K/yr
Patient Evaluation+4% Β· +$16K/yr
Risk Assessment+4% Β· +$16K/yr

Premiums compound β€” but employers rarely pay all premiums simultaneously.

Psychiatrist Intelligence Report

Career metrics and full compensation breakdown β€” from BLS demand data

Career Opportunity Score

Composite: demand growth Γ— 1.4 + (100 βˆ’ AI risk) Γ— 0.4

B62/100
High RiskModerateExceptional
Demand Growth+18%/yr
AI Displacement Risk8% β€” Low
Risk-Adj. Salary Growth+2.4%/yr
Good: Solid career with steady demand. Upskill continuously to stay above automation floor.
BLS Official 10-yr OutlookAverage
+3%
Growth 2022–2032
+2K
New jobs projected
$407K
In 2 yrs
$436K
In 5 yrs
$491K
In 10 yrs

Total Compensation β€” Psychiatrist

Beyond base salary: bonus, equity, and benefits

Total Comp Range
$495K–$530K
per year
Base (76%)Bonus (6%)Equity (2%)Benefits (17%)
Base Salary
Median market rate
$388,061
Annual Bonus
Typical: 3–12% of base
$29,105
Equity (annualised)
~3% of base β€” RSUs/options
$9,702
Benefits Value
~22% β€” healthcare, 401k, PTO
$85,373
Total Comp (mid)
$512,241

Sources: Levels.fyi TC data, LinkedIn Salary Insights, Robert Half 2025 Guide.

Typical Benefits for Psychiatrists

Often adds 20–35% to your effective pay

Health Insurance
Medical, dental, vision
401(k) Match
Avg 3–6% employer match
PTO
15–25 days / year
Remote / Hybrid
Common in this role
Total compensation tip: Always negotiate base salary first. Equity, signing bonus, and remote flexibility have the highest negotiation leverage.

Compare Psychiatrist Salaries by City

How Boston, MA stacks up against other major markets

CityMedianP75vs US avg
Boston, MA (current)$388,061$465,514++38%
New York, NY$413,738$496,316++47%
San Francisco, CA$484,384$581,062++72%
Seattle, WA$411,062$493,106++46%
Austin, TX$317,495$380,864++13%
Chicago, IL$315,111$378,004++12%
Los Angeles, CA$385,383$462,302++37%
Denver, CO$318,896$382,545++13%
Washington DC, DC$393,784$472,379++40%

SalaryScope Career GPSβ„’

What should I do next as a Psychiatrist?

O*NET Β· US Dept of Labor

Higher-paying roles in the same field

Frequently Asked Questions

What is the average Psychiatrist salary in Boston, MA?

The median Psychiatrist salary in Boston, MA is $388K per year (2026), based on BLS OEWS employer payroll data from 1.1 million employers. The top 25% earn $466K+ per year.

What is a good Psychiatrist salary in Boston, MA?

The 75th percentile ($466K/yr) is the professional benchmark β€” what the top quarter already earns. It's a documented, negotiable target backed by BLS payroll data. Anything above the median ($388K) is above-average for this role in Boston, MA.

How much does a Psychiatrist earn per hour in Boston, MA?

Based on the median annual salary of $388K, a Psychiatrist in Boston, MA earns approximately $187/hr (2,080-hour work year). The P75 rate is ~$224/hr.

Is Boston, MA a good market for Psychiatrists?

Boston, MA pays 38% above the US national average for this role. Demand for Psychiatrists is growing 18% annually, and AI automation risk is rated low for this occupation.

How do I negotiate a higher Psychiatrist salary in Boston, MA?

Cite the BLS P75 figure ($466K) β€” it is verifiable public data from government payroll records. Request the full compensation package: base + equity/bonus + benefits. Timing matters: negotiate at the offer stage, not after acceptance. Counter with a specific number, not a range.

How Is This Salary Calculated?

Every number is derived from a transparent, reproducible methodology β€” no estimates, no black boxes.

Where does the salary data come from?

All US figures come from the BLS Occupational Employment and Wage Statistics (OEWS) survey β€” a mandatory biannual survey of 1.1 million US employers who report actual payroll data.

How is the Boston figure calculated?

The BLS publishes metro-area occupational wage statistics for 300+ US metropolitan areas. For Boston, SalaryScope uses the BLS metro premium ratio (metro median Γ· national median) and applies it to the national baseline.

What do P10, P25, P50, P75, and P90 mean?

These are salary percentiles from employer payroll records. P50 (median) means 50% of workers earn less. P75 means 75% earn less β€” this is the recommended negotiation anchor. P10 and P90 represent the bottom 10% and top 10% respectively.

How is take-home pay estimated?

Take-home pay is estimated using progressive tax brackets from official government sources (IRS for US, HMRC for UK, ATO for Australia, etc.). Social contributions (National Insurance, FICA, etc.) are added. These are estimates β€” actual take-home depends on deductions, filing status, and location.

How often is data updated?

US BLS salary data refreshes every 24 hours via the BLS public API. OECD international wages refresh monthly. ECB currency rates refresh every 4 hours.

Full formulas and source citations on the methodology page.

Salary trend data not available for this occupation.

Education Premium β€” Psychiatrist

How degree level affects salary Β· ACS Census data

High School / GED
-45%
~$213K
Associate's Degree
-18%
~$318K
Bachelor's DegreeBASELINE
β€”
~$388K
Master's Degree
+20%
~$466K
Doctoral (PhD)
+18%
~$458K
Professional (MBA/JD/MD)
+130%
~$893K

Source: US Census Bureau ACS PUMS Β· BLS OES wage data.

Negotiation Deep-Dive

Get your data-backed negotiation opening ask and walking-away floor.

πŸ“ŠYour exact market percentile based on BLS distribution
🎯P75 target + 10% stretch as your opening ask price
πŸšͺWalking-away floor so you know when to move on
Boston benchmarks
$388K
Market median
$466K
P75 target
$549K
Top 10%

Negotiation Calculator

Enter your current salary to see your market position and opening ask

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Psychiatrist in Boston β€” Distribution
P10
$275K
P25
$323K
P50
$388K
P75
$466K
P90
$549K
Enter your salary above to see your negotiation position

Data Source & Attribution

Salary data sourced from the U.S. Bureau of Labor Statistics OEWS survey (1.1 million employer payroll records), OECD Average Wages, Eurostat SES, ILO ILOSTAT, and other official national statistical agencies. Data is updated via ISR and reflects the most recent release cycle.

BLS.OEWS.2026.v2

Jun 15, 2026

Full methodology β†’
Check If You're Underpaid β†’