Psychiatrist salary in Colorado
Psychiatrists in Colorado earn a median of $266,370 a year ($128.06 an hour), based on BLS data for 270 workers.
Pay ranges from $134,050 for the lowest-paid 10% to $353,330 for the top 10%. That is 5% lower than the national median of $281,870. Colorado ranks 25th of 46 states for psychiatrists pay. There are 0.09 psychiatrists per 1,000 jobs here — the job is less common than nationally (location quotient 0.52). The average (mean) salary is $258,210, close to the median.
Pay range for psychiatrists in Colorado
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $134,050 | $64.45 |
| 25th percentile | $228,210 | $109.72 |
| Median | $266,370 | $128.06 |
| 75th percentile | $313,920 | $150.93 |
| 90th percentile (top earners) | $353,330 | $169.87 |
| Average (mean) | $258,210 | $124.14 |
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 | $22,197.50 |
| Semi-monthly (24 a year) | $11,098.75 |
| Biweekly (26 a year) | $10,245 |
| Weekly | $5,122.50 |
| Hourly | $128.06 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Psychiatrist salary in cities in Colorado
| Metro area | Median salary | Workers |
|---|---|---|
| Colorado Springs, CO | $289,320 | 50 |
| Denver-Aurora-Centennial, CO | $263,030 | 150 |
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 |
Related jobs in Colorado
| Job | Median salary | Hourly |
|---|---|---|
| Registered Nurse | $100,260 | $48.20 |
| Physical Therapist | $102,030 | $49.05 |
| Pharmacist | $156,030 | $75.01 |
| Speech-Language Pathologist | $110,750 | $53.25 |
| Dental Hygienist | $109,580 | $52.68 |
| Nurse Practitioner | $132,930 | $63.91 |
| Occupational Therapist | $106,720 | $51.31 |
| Physician Assistant | $134,540 | $64.68 |
| Dentists, General | $166,240 | $79.92 |
| Family Medicine Physician | $265,560 | $127.67 |
| Veterinarian | $130,840 | $62.91 |
| Respiratory Therapist | $86,220 | $41.45 |
| Physicians, All Other | $298,320 | $143.42 |
| Dietitians and Nutritionists | $75,510 | $36.30 |
More: Healthcare Practitioners and Technical Occupations · all salaries in Colorado
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 Colorado?
The median salary for psychiatrists in Colorado is $266,370 a year, or $128.06 an hour. Pay ranges from $134,050 for the lowest-paid 10% to $353,330 for the top 10%.
How much do the highest-paid psychiatrists make in Colorado?
The top 10% of psychiatrists in Colorado earn at least $353,330 a year. The top 25% earn $313,920 or more.
What is the starting pay for psychiatrists in Colorado?
Entry-level pay (the 10th percentile) is about $134,050 a year, and a quarter of psychiatrists earn $228,210 or less.
How many psychiatrists work in Colorado?
About 270 psychiatrists are employed in Colorado, not counting the self-employed.