2024 wage data from the Bureau of Labor Statistics
Psychiatrists is a high-paying occupation in Boston, MA-NH, with a median annual salary of $146,810. The average salary ($217,400) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Psychiatristss skew the data.
The average salary ($217,400) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Psychiatristss skew the data.
Only 900 Psychiatristss work in Boston, MA-NH. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Boston, MA-NH's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $70,690 | $5,891 |
| 25th Percentile | $81,850 | $6,821 |
| Median | $146,810 | $12,234 |
| 75th Percentile | N/A | N/A |
| 90th Percentile | N/A | N/A |
| Mean (Average) | $217,400 | $18,117 |
| Metro Area | Median Salary |
|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $236,740 |
| Raleigh-Cary, NC | $232,120 |
| New York-Newark-Jersey City, NY-NJ-PA | $229,630 |
| Louisville/Jefferson County, KY-IN | $229,440 |
| Pittsburgh, PA | $227,200 |
| Buffalo-Cheektowaga, NY | $224,260 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $219,970 |
| Tucson, AZ | $211,850 |
| Dallas-Fort Worth-Arlington, TX | $210,580 |
| Sacramento-Roseville-Folsom, CA | $208,850 |
| Occupation | Median Salary |
|---|---|
| Judges, Magistrate Judges, and Magistrates | $221,710 |
| Natural Sciences Managers | $219,380 |
| Pediatricians, General | $213,240 |
| Surgeons, All Other | $212,030 |
| Lawyers | $194,740 |
| Financial Managers | $188,490 |
| Compensation and Benefits Managers | $181,910 |
| Architectural and Engineering Managers | $178,800 |
| Sales Managers | $175,360 |
| Managers, All Other | $174,840 |
Estimate your after-tax income. Compare your real purchasing power across different states and salary levels.
Annual Take-Home
$110,806
Monthly
$9,234
Bi-Weekly
$4,262
Effective Tax Rate
24.5%
* Estimate only. Does not include local taxes, deductions, or credits. Need help with your finances? Consider consulting a certified financial planner or exploring high-yield savings accounts to maximize your take-home pay.
Data verified March 2026 · Source: Bureau of Labor Statistics
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Considering a move for this role? Compare cost of living in Boston, MA-NHto make an informed decision. Don't forget to factor in moving costs, renters insurance, and state income tax differences when evaluating your total compensation package.