Psychiatrist salary in Anchorage, AK
Psychiatrists in the Anchorage, AK metro area earn a median of $342,170 a year ($164.51 an hour), based on BLS data for 40 workers.
Pay ranges from $86,920 for the lowest-paid 10% to $393,920 for the top 10%. That is 21% higher than the national median of $281,870. Pay here is about the same as the Alaska statewide median of $342,170. There are 0.20 psychiatrists per 1,000 jobs here — close to the national average. The average (mean) salary is $274,870, close to the median.
Pay range for psychiatrists in Anchorage, AK
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $86,920 | $41.79 |
| 25th percentile | $140,370 | $67.49 |
| Median | $342,170 | $164.51 |
| 75th percentile | $355,830 | $171.07 |
| 90th percentile (top earners) | $393,920 | $189.38 |
| Average (mean) | $274,870 | $132.15 |
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 | $28,514.17 |
| Semi-monthly (24 a year) | $14,257.08 |
| Biweekly (26 a year) | $13,160.38 |
| Weekly | $6,580.19 |
| Hourly | $164.51 |
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 Alaska statewide figures.
Related jobs in Anchorage, AK
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $115,290 | $55.43 |
| Dental Hygienist | $132,740 | $63.82 |
| Physical Therapist | $112,590 | $54.13 |
| Physician Assistant | $152,710 | $73.42 |
| Nurse Practitioner | $157,430 | $75.69 |
| Pharmacist | $162,980 | $78.36 |
| Occupational Therapist | $103,680 | $49.85 |
| Family Medicine Physician | $299,340 | $143.91 |
| Speech-Language Pathologist | $103,010 | $49.52 |
| Dentists, General | $228,030 | $109.63 |
| Physicians, All Other | $353,870 | $170.13 |
| Respiratory Therapist | $97,950 | $47.09 |
| Anesthesiologist | $239,200+ | $115.00+ |
| Veterinarian | $124,810 | $60.01 |
More: Healthcare Practitioners and Technical Occupations · all salaries in Anchorage, AK
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 Anchorage, AK?
The median salary for psychiatrists in the Anchorage, AK metro area is $342,170 a year, or $164.51 an hour. Pay ranges from $86,920 for the lowest-paid 10% to $393,920 for the top 10%.
How much do the highest-paid psychiatrists make in Anchorage, AK?
The top 10% of psychiatrists in the Anchorage, AK metro area earn at least $393,920 a year. The top 25% earn $355,830 or more.
What is the starting pay for psychiatrists in Anchorage, AK?
Entry-level pay (the 10th percentile) is about $86,920 a year, and a quarter of psychiatrists earn $140,370 or less.
How many psychiatrists work in Anchorage, AK?
About 40 psychiatrists are employed in the Anchorage, AK metro area, not counting the self-employed.