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Psychiatrist Job Outlook

The Bureau of Labor Statistics projects employment of psychiatrists to grow 7.2% from 2025 to 2035 (about 2,100 more jobs), with about 900 openings a year, and the May 2025 median pay of $281,870 a year ranks 15th of 825 occupations.

Occupation PsychiatristsSOC 29-1223Projection 2025 to 2035Pay period May 2025
Projected change
+7.2%
Openings a year
900
Median pay
$281,870
Pay rank
15th of 825

Is employment of psychiatrists growing or shrinking?

Growing: BLS projects employment of psychiatrists to rise 7.2% (about 2,100 more jobs) from 2025 to 2035, faster than the 3.5% projected across all occupations. That is slower than the +8.0% summed from BLS's employment levels across the 71 healthcare practitioners and technical occupations with a projection. That change ranks 120th of 830 projected occupations.

MeasureFigure
Employment, 202530,000
Employment, 203532,100
Projected change+7.2%
Openings a year900

Source: BLS Employment Projections, 2025 to 2035. A projection is a BLS estimate, not a count. The 30,000 jobs here differ from the 27,980 on the salary page because Employment Projections also counts the self-employed and a wider set of workers, while OEWS counts wage and salary jobs in May 2025. BLS published these projections on August 27, 2026; checked November 10, 2026. Confirm any figure in the BLS Employment Projections tables.

BLS's reasons for this projection are at the Occupational Outlook Handbook. State projections are at Projections Central; projections by industry are left to BLS. Education, licensing and work context at O*NET.

How many job openings are there each year?

About 900 openings a year, from job growth and from workers leaving the occupation, the 679th most of 830 occupations. About 77% of them replace workers who change occupations or leave the labor force; the rest come from the 210 jobs added in an average year.

Source: BLS Employment Projections, 2025 to 2035.

How does pay for psychiatrists rank?

The median of $281,870 a year ranks 15th of 825 occupations with a published median. It sits in the upper half of occupations on pay and the lower half on openings.

$84,06010th percentile$40.41 an hour
$154,15025th percentile$74.11 an hour
$281,870Median$135.51 an hour
$362,74075th percentile$174.39 an hour
$446,52090th percentile$214.67 an hour

Source: BLS OEWS national file, May 2025. Wage and salary jobs only; the self-employed are not counted. OEWS pay excludes overtime, shift differentials and non-production bonuses. Ranks count only the occupations with that published figure: 830 for projected change, 830 for openings, 825 for median pay, which is why the totals differ.

What does it take to start?

Source: BLS Employment Projections, 2025 to 2035, education and training assignments.

How do related jobs compare on outlook?

OccupationChangeOpenings a yearMedian pay
Pediatricians, General+1.5%1,000$210,040
Neurologists+6.4%300$248,560
Registered Nurses+5.6%180,800$97,550
Family Medicine Physicians+3.3%2,900$244,180
General Internal Medicine Physicians+4.0%1,900$256,560
Pediatric Surgeons+2.0%0$559,030
Emergency Medicine Physicians+3.2%900$335,550
Nurse Practitioners+41.0%29,400$132,300

Related occupations from O*NET; projections from BLS Employment Projections, 2025 to 2035; pay from BLS OEWS, May 2025.

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