
Alaska leads psychiatry earnings at $239,000 average salary with strongest job availability metrics nationwide. Nine additional states offer $205,000+ average pay combined with low competition and persistent workforce shortages, creating prime relocation opportunities for early-career and experienced psychiatrists.
⚖️ PROFESSIONAL IMPACT
- Rural and underserved areas across top-ranked states face designated mental health shortage areas, ensuring stable demand and potential loan forgiveness eligibility
- Small workforce states (Montana: ~10 positions, Wyoming: ~6 positions) show $209,000-$219,000 averages, indicating premium compensation for limited competition markets
- Pennsylvania’s 160+ roles at $206,000 average demonstrate large-market opportunities exist beyond traditionally rural high-pay states
- Location quotient data reveals Vermont and Alaska show demand outpacing population size, signaling structural undersupply rather than temporary market conditions
🎯 ACTION ITEMS
- Compare state salary data against your current compensation and cost-of-living–adjusted hourly rates
- Research Health Resources and Services Administration shortage area designations for loan repayment program eligibility
- Evaluate licensing portability through Interstate Medical Licensure Compact for multi-state practice flexibility
- Contact state psychiatric associations in target states for local market intelligence and practice setup guidance
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