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In 2010 Psychiatrists make an average income of around $212,973 a year. This can be more or less depending on their specialty, where they work, and location (different states vary) psychiatrists who are "locum" tend to make more once they get established into an office of their own, instead of working under someone else. An experienced wage of a successful psychiatrist who has their own office like this may be up to $200,000 or more a year. It also depends on experience level, Psychiatrist that have 5 or few years of experience make an average of $198,100 and those with more than 10 years experience make an average of $203,375.

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Q: What would your salary be yearly as a psychiatrist?
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