Psychiatrist salary in Albuquerque, NM
Psychiatrists in the Albuquerque, NM metro area earn a median of $236,320 a year ($113.62 an hour), based on BLS data for this job.
Pay ranges from $51,750 for the lowest-paid 10% to $413,670 for the top 10%. That is 16% lower than the national median of $281,870. Pay here is 4% higher than the New Mexico statewide median of $227,730. The average (mean) salary is $246,300, above the median because a few high earners pull it up.
Pay range for psychiatrists in Albuquerque, NM
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $51,750 | $24.88 |
| 25th percentile | $236,320 | $113.62 |
| Median | $236,320 | $113.62 |
| 75th percentile | $335,280 | $161.19 |
| 90th percentile (top earners) | $413,670 | $198.88 |
| Average (mean) | $246,300 | $118.42 |
Half of psychiatrists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $19,693.33 |
| Semi-monthly (24 a year) | $9,846.67 |
| Biweekly (26 a year) | $9,089.23 |
| Weekly | $4,544.62 |
| Hourly | $113.62 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Highest-paying states for psychiatrists
| State | Median salary |
|---|---|
| California | $353,500 |
| Louisiana | $345,040 |
| Alaska | $342,170 |
| Minnesota | $336,410 |
| Wisconsin | $331,070 |
| Connecticut | $326,670 |
| Florida | $316,200 |
| Oregon | $314,880 |
| Missouri | $312,680 |
| Maryland | $305,320 |
See Psychiatrist pay in every state or the New Mexico statewide figures.
Related jobs in Albuquerque, NM
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $96,040 | $46.17 |
| Physicians, All Other | $327,670 | $157.54 |
| Pharmacist | $147,000 | $70.67 |
| Nurse Practitioner | $140,950 | $67.77 |
| Dental Hygienist | $95,900 | $46.10 |
| Physical Therapist | $103,510 | $49.76 |
| Speech-Language Pathologist | $99,160 | $47.68 |
| Occupational Therapist | $99,170 | $47.68 |
| Respiratory Therapist | $68,870 | $33.11 |
| Dentists, General | $141,580 | $68.07 |
| Physician Assistant | $139,920 | $67.27 |
| Dietitians and Nutritionists | $75,590 | $36.34 |
| Veterinarian | $140,200 | $67.40 |
| Family Medicine Physician | $185,200 | $89.04 |
More: Healthcare Practitioners and Technical Occupations · all salaries in Albuquerque, NM
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 29-1223. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a psychiatrist make in Albuquerque, NM?
The median salary for psychiatrists in the Albuquerque, NM metro area is $236,320 a year, or $113.62 an hour. Pay ranges from $51,750 for the lowest-paid 10% to $413,670 for the top 10%.
How much do the highest-paid psychiatrists make in Albuquerque, NM?
The top 10% of psychiatrists in the Albuquerque, NM metro area earn at least $413,670 a year. The top 25% earn $335,280 or more.
What is the starting pay for psychiatrists in Albuquerque, NM?
Entry-level pay (the 10th percentile) is about $51,750 a year, and a quarter of psychiatrists earn $236,320 or less.