Psychiatrists Salary
The median pay for a psychiatrists in Florida is $316,200/year ($152.02/hour), per BLS data. The range runs from $72K at the entry level to $568K for experienced workers. Adjusted for local prices (RPP 98.58), that's roughly $320,755 in purchasing power. Rent on a 2-bedroom averages $1,658/month, or 8.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Florida. Jump to a metro for precise data:
So what does $316K get you in Florida?
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What this looks like in Florida
Florida sits well above the national pay line for psychiatrists, local pay runs about 12% higher than the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,658/month, 8.9% of take-home, well inside the 30% guideline. Cost of living (RPP 98.58) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Florida offers a genuinely strong financial position for psychiatristss at the median.
Compensation breakdown
Annual earnings by percentile, Florida
Entry-level psychiatrists (10th percentile) start around $72K. Mid-career wages sit at $316K. Top earners bring in $568K or more, a $497K spread from bottom to top.
Psychiatrists salary by metro in Florida
7 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Gainesville | $404K | +28% | N/A |
| Miami-Fort Lauderdale-West Palm Beach | $403K | +28% | 720 |
| Ocala | $396K | +25% | 40 |
| Orlando-Kissimmee-Sanford | $320K | +1% | 180 |
| Jacksonville | $320K | +1% | 90 |
| Tallahassee | $318K | +1% | 60 |
| Cape Coral-Fort Myers | $316K | -0% | 30 |
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Florida numbers change.
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Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Florida?
Yes — at the median salary of $316K, rent takes 8.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,658/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Florida?
The 10th-percentile wage — what new psychiatrists typically earn — is $72K/year. Take-home on that works out to about $4,301/month. At HUD’s $1,658/month FMR, rent would take 39% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is psychiatrist a high-paying job in Florida?
Local pay is 12% above the national median — $316K here vs. $282K nationally.
How does Florida compare to the national average for psychiatrists?
Florida pays $316K median vs. the U.S. average of $282K — that’s +12%. After adjusting for local cost of living (RPP 98.58), the purchasing-power equivalent is $321K — still ahead of the national median.
How much do psychiatrists make in Florida?
The median is $316,200 a year, that works out to about $152 an hour. But the range is wide: entry-level workers start around $71,680, and experienced psychiatrists can clear $568,460. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $316K enough to live in Florida?
On that salary, you'd take home roughly $18,724/month after taxes. A 2-bedroom here rents for about $1,658/month, which eats 8.9% 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 Florida?
Florida has a Regional Price Parity of 98.58 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median psychiatrists salary is worth about $320,755 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.