Psychiatrist salary in Milwaukee-Waukesha, WI

Psychiatrists in the Milwaukee-Waukesha, WI metro area earn a median of $331,500 a year ($159.38 an hour), based on BLS data for 180 workers.

Median salary
$331,500
Hourly
$159.38
Average
$295,700
Top 10% earn
$384,730
Workers
180

Pay ranges from $137,720 for the lowest-paid 10% to $384,730 for the top 10%. That is 18% higher than the national median of $281,870. Pay here is about the same as the Wisconsin statewide median of $331,070. There are 0.21 psychiatrists per 1,000 jobs here — close to the national average. The average (mean) salary is $295,700, close to the median.

Pay range for psychiatrists in Milwaukee-Waukesha, WI

$0$470,000
Pay levelYearlyHourly
10th percentile (entry level)$137,720$66.21
25th percentile$224,390$107.88
Median$331,500$159.38
75th percentile$352,050$169.25
90th percentile (top earners)$384,730$184.97
Average (mean)$295,700$142.16

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 periodAmount
Monthly$27,625
Semi-monthly (24 a year)$13,812.50
Biweekly (26 a year)$12,750
Weekly$6,375
Hourly$159.38

Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.

Buying a home? On a $331,500 salary, see how much house you can afford at today's mortgage rates, or work out a payment with the mortgage calculator.

Psychiatrist salary in other metro areas nearby

Metro areaMedian salaryWorkers
Green Bay, WI$339,68050
Minneapolis-St. Paul-Bloomington, MN-WI$336,410330
Madison, WI$296,230160

Highest-paying states for psychiatrists

StateMedian 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 Wisconsin statewide figures.

Related jobs in Milwaukee-Waukesha, WI

JobMedian salaryHourly
Registered Nurse$97,360$46.81
Physicians, All Other$411,200$197.69
Pharmacist$153,340$73.72
Physical Therapist$103,030$49.53
Nurse Practitioner$134,350$64.59
Dental Hygienist$98,780$47.49
Occupational Therapist$94,020$45.20
Physician Assistant$135,040$64.92
Speech-Language Pathologist$88,190$42.40
Dentists, General$155,940$74.97
Respiratory Therapist$89,040$42.81
Emergency Medicine Physician$239,200+$115.00+
Veterinarian$117,780$56.62
Family Medicine Physician$287,350$138.15

More: Healthcare Practitioners and Technical Occupations · all salaries in Milwaukee-Waukesha, WI

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 Milwaukee-Waukesha, WI?

The median salary for psychiatrists in the Milwaukee-Waukesha, WI metro area is $331,500 a year, or $159.38 an hour. Pay ranges from $137,720 for the lowest-paid 10% to $384,730 for the top 10%.

How much do the highest-paid psychiatrists make in Milwaukee-Waukesha, WI?

The top 10% of psychiatrists in the Milwaukee-Waukesha, WI metro area earn at least $384,730 a year. The top 25% earn $352,050 or more.

What is the starting pay for psychiatrists in Milwaukee-Waukesha, WI?

Entry-level pay (the 10th percentile) is about $137,720 a year, and a quarter of psychiatrists earn $224,390 or less.

How many psychiatrists work in Milwaukee-Waukesha, WI?

About 180 psychiatrists are employed in the Milwaukee-Waukesha, WI metro area, not counting the self-employed.