Psychiatrists Salary
The median pay for a psychiatrists in Texas is $228,460/year ($109.84/hour), per BLS data. The range runs from $73K at the entry level to $392K for experienced workers. Cost of living is below average (RPP 91.49), which stretches that salary to about $249,710 in buying power. Rent on a 2-bedroom averages $1,415/month, or 9.8% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Texas. Jump to a metro for precise data:
So what does $228K get you in Texas?
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What this looks like in Texas
Pay for psychiatrists in Texas runs about 19% below the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,415/month, 10.1% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.49 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Texas can be a reasonable trade-off for psychiatristss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Texas
Entry-level psychiatrists (10th percentile) start around $73K. Mid-career wages sit at $228K. Top earners bring in $392K or more, a $319K spread from bottom to top.
Psychiatrists salary by metro in Texas
5 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Houston-Pasadena-The Woodlands | $249K | +9% | 420 |
| Dallas-Fort Worth-Arlington | $241K | +5% | 410 |
| Austin-Round Rock-San Marcos | $236K | +3% | 150 |
| San Antonio-New Braunfels | $188K | -18% | 280 |
| Tyler | $67K | -71% | 50 |
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Texas numbers change.
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Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Texas?
Yes — at the median salary of $228K, rent takes 10.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,415/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Texas?
The 10th-percentile wage — what new psychiatrists typically earn — is $73K/year. Take-home on that works out to about $4,400/month. At HUD’s $1,415/month FMR, rent would take 32% 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 Texas?
Local pay runs 19% below the national median — $228K here vs. $282K nationally. Cost of living is 9% below the national average, which narrows that gap in real purchasing power.
How does Texas compare to the national average for psychiatrists?
Texas pays $228K median vs. the U.S. average of $282K — that’s -19%. After adjusting for local cost of living (RPP 91.49), the purchasing-power equivalent is $250K — below the national median.
How much do psychiatrists make in Texas?
The median is $228,460 a year, that works out to about $110 an hour. But the range is wide: entry-level workers start around $73,330, and experienced psychiatrists can clear $391,890. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $228K enough to live in Texas?
On that salary, you'd take home roughly $14,050/month after taxes. A 2-bedroom here rents for about $1,415/month, which eats 10.1% 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 Texas?
Texas has a Regional Price Parity of 91.49 (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 $249,710 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.