Psychiatrists

Amount

$7.6B

per year

Per resident, per year

$22

÷ 341.1M people

Per household, per year

$57

÷ 132.2M households

How it is built

27,980 people × $269,940 average annual wage

Part of: Hospital, physician, and other service spending (wages are paid out of what payers spend on services)

SOC code	29-1223
Employed (May 2025)	27,980
Average annual wage	$269,940
Wage bill	$7.6B
Estimated total compensation incl. benefits (÷ 0.69)	$10.9B