Peer-influenced content. Sources you trust. No registration required. This is HCN.

ConexiantTop 10 States to Practice Psychiatry

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

More in Professional Development

The Healthcare Communications Network is owned and operated by IQVIA Inc.

Click below to leave this site and continue to IQVIA’s Privacy Choices form