Psychiatrists Salary
The median pay for a psychiatrists in Colorado is $266,370/year ($128.06/hour), per BLS data. The range runs from $134K at the entry level to $353K for experienced workers.
Statewide average. Salary and cost of living vary significantly across Colorado. Jump to a metro for precise data:
So what does $266K get you in Colorado?
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Compensation breakdown
Annual earnings by percentile, Colorado
Entry-level psychiatrists (10th percentile) start around $134K. Mid-career wages sit at $266K. Top earners bring in $353K or more, a $219K spread from bottom to top.
Psychiatrists salary by metro in Colorado
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Colorado Springs | $289K | +9% | 50 |
| Denver-Aurora-Centennial | $263K | -1% | 150 |
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Colorado numbers change.
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Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Colorado?
Yes — at the median salary of $266K, rent takes 13.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,044/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Colorado?
The 10th-percentile wage — what new psychiatrists typically earn — is $134K/year. Take-home on that works out to about $8,043/month.
Is psychiatrist a high-paying job in Colorado?
Pay here is roughly in line with the national average — $266K locally vs. $282K nationally, a 5% difference.
How does Colorado compare to the national average for psychiatrists?
Colorado pays $266K median vs. the U.S. average of $282K — that’s -5%.
How much do psychiatrists make in Colorado?
The median is $266,370 a year, that works out to about $128 an hour. But the range is wide: entry-level workers start around $134,050, and experienced psychiatrists can clear $353,330. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $266K enough to live in Colorado?
On that salary, you'd take home roughly $15,145/month after taxes. A 2-bedroom here rents for about $2,044/month, which eats 13.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a psychiatrists salary go in Colorado?
Colorado has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median psychiatrists salary is worth about $266,370 in national-average purchasing power.
Where do psychiatrists get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.