Psychiatrist salary in Chicago-Naperville-Elgin, IL-IN
Psychiatrists in the Chicago-Naperville-Elgin, IL-IN metro area earn a median of $258,750 a year ($124.40 an hour), based on BLS data for 600 workers.
Pay ranges from $134,770 for the lowest-paid 10% to $487,560 for the top 10%. That is 8% lower than the national median of $281,870. Pay here is about the same as the Illinois statewide median of $258,740. There are 0.13 psychiatrists per 1,000 jobs here — the job is less common than nationally (location quotient 0.74). The average (mean) salary is $268,830, above the median because a few high earners pull it up.
Pay range for psychiatrists in Chicago-Naperville-Elgin, IL-IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $134,770 | $64.79 |
| 25th percentile | $166,750 | $80.17 |
| Median | $258,750 | $124.40 |
| 75th percentile | $341,070 | $163.97 |
| 90th percentile (top earners) | $487,560 | $234.40 |
| Average (mean) | $268,830 | $129.24 |
Half of psychiatrists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $21,562.50 |
| Semi-monthly (24 a year) | $10,781.25 |
| Biweekly (26 a year) | $9,951.92 |
| Weekly | $4,975.96 |
| Hourly | $124.40 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $258,750 salary, see how much house you can afford in Illinois at today's mortgage rates, or work out a payment with the mortgage calculator.
Psychiatrist salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Springfield, IL | $413,890 | 40 |
| St. Louis, MO-IL | $298,160 | 100 |
| Indianapolis-Carmel-Greenwood, IN | $282,600 | 250 |
| Cincinnati, OH-KY-IN | $261,710 | 150 |
| Louisville/Jefferson County, KY-IN | $237,770 | 60 |
Highest-paying states for psychiatrists
| State | Median salary |
|---|---|
| California | $353,500 |
| Louisiana | $345,040 |
| Alaska | $342,170 |
| Minnesota | $336,410 |
| Wisconsin | $331,070 |
| Connecticut | $326,670 |
| Florida | $316,200 |
| Oregon | $314,880 |
| Missouri | $312,680 |
| Maryland | $305,320 |
See Psychiatrist pay in every state or the Illinois statewide figures.
Related jobs in Chicago-Naperville-Elgin, IL-IN
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $100,490 | $48.31 |
| Physicians, All Other | $94,820 | $45.59 |
| Pharmacist | $140,880 | $67.73 |
| Physical Therapist | $105,720 | $50.83 |
| Speech-Language Pathologist | $98,490 | $47.35 |
| Nurse Practitioner | $131,740 | $63.34 |
| Dental Hygienist | $100,260 | $48.20 |
| Occupational Therapist | $99,860 | $48.01 |
| Dentists, General | $156,100 | $75.05 |
| Respiratory Therapist | $87,060 | $41.86 |
| Physician Assistant | $127,940 | $61.51 |
| Dietitians and Nutritionists | $73,560 | $35.36 |
| Anesthesiologist | $77,770 | $37.39 |
| Veterinarian | $148,730 | $71.51 |
More: Healthcare Practitioners and Technical Occupations · all salaries in Chicago-Naperville-Elgin, IL-IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 29-1223. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a psychiatrist make in Chicago-Naperville-Elgin, IL-IN?
The median salary for psychiatrists in the Chicago-Naperville-Elgin, IL-IN metro area is $258,750 a year, or $124.40 an hour. Pay ranges from $134,770 for the lowest-paid 10% to $487,560 for the top 10%.
How much do the highest-paid psychiatrists make in Chicago-Naperville-Elgin, IL-IN?
The top 10% of psychiatrists in the Chicago-Naperville-Elgin, IL-IN metro area earn at least $487,560 a year. The top 25% earn $341,070 or more.
What is the starting pay for psychiatrists in Chicago-Naperville-Elgin, IL-IN?
Entry-level pay (the 10th percentile) is about $134,770 a year, and a quarter of psychiatrists earn $166,750 or less.
How many psychiatrists work in Chicago-Naperville-Elgin, IL-IN?
About 600 psychiatrists are employed in the Chicago-Naperville-Elgin, IL-IN metro area, not counting the self-employed.