Milwaukee-Waukesha, WI · SOC 29-1223
Psychiatrists in Milwaukee-Waukesha
Metro area salary data from the Bureau of Labor Statistics (May 2025)
Median Salary
$331,500
per year in Milwaukee-Waukesha
+18% above
National Median
$281,870
per year nationally
Hourly Rate
$159.38/hr
median hourly
Employment
180
jobs in Milwaukee-Waukesha
BLS metro-level wage data places Psychiatrists pay in Milwaukee-Waukesha, WI at a median of $331,500 per year ($159.38/hr/hour), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared to the national median of $281,870, Milwaukee-Waukesha pays +18% above, signaling either concentrated employer demand, a cost-of-living premium, or both. Approximately 180 psychiatristss are employed across the Milwaukee-Waukesha MSA in SOC 29-1223.
The Milwaukee-Waukesha pay distribution spans from $137,720 at the 10th percentile to $384,730 at the 90th, a 2.8× spread that reflects experience tenure, specialization, employer size, and the difference between public-sector, nonprofit, and private-sector compensation inside the metro. The 25th percentile sits at $224,390 and the 75th at $352,050, so half of Milwaukee-Waukesha-based psychiatristss earn within that middle band.
Metro figures capture where you actually work, not just where you live, which matters for commuters. BLS draws metro boundaries from the OMB MSA definitions, so Milwaukee-Waukesha, WI covers the central city plus outlying counties tied to the metro economically. Remember that OEWS wages reflect base pay only: employer-provided health insurance, retirement matches, stock options, signing bonuses, overtime, and tips are excluded and can add 20-40% to real total compensation. Before using this metro median as a negotiation anchor, triangulate against the same occupation's national profile (linked below), its state-wide WI data, and peer-metro comparisons, a median is a starting point, not a ceiling.
Salary Range in Milwaukee-Waukesha
Annual Salary Distribution
10th Percentile
$137,720
25th Percentile
$224,390
Median
$331,500
75th Percentile
$352,050
90th Percentile
$384,730
Top Paying Jobs in Milwaukee-Waukesha
Similar Occupations in Milwaukee-Waukesha
Other roles inside the Milwaukee-Waukesha, WI MSA from the same SOC major group.
Frequently Asked Questions
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Every figure on WageDex is rendered directly from U.S. Bureau of Labor Statistics wage data, no number is typed in by an editor. Wage figures are computed directly from BLS OEWS metro-level data. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.