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Psychiatrist Salary in Sydney

2026 · Official labour data · 5 comparison cities

$305,384/yr

Last updated: August 2026 · Source: BLS OES Survey · 1.1M employer sample

Typical range: $254,574 $366,336

High Confidence · 81/100

How much does a Psychiatrist make in Sydney, Australia?

A Psychiatrist in Sydney earns a median of $305,384/year (about $147/hour). Most earn between $254,574 (25th percentile) and $366,336 (75th percentile); top earners (90th percentile) make $431,691 or more — 8% above the US average. Figures are from BLS employer payroll data, not self-reports.

$216,033
Entry (P10)
$305,384
Median (P50)
$366,336
Top 25% (P75)
$431,691
Top 10% (P90)

Understanding these Psychiatrist salary numbers

We report percentiles, not a single average, because pay isn't evenly spread — a handful of very high earners would drag an average upward and mislead you. Here's exactly what each figure means.

Median (P50) — $305,384

Half of Psychiatrists in Sydney earn more than this and half earn less. It's the most honest "typical" salary — better than an average, which gets skewed by a few top earners.

25th percentile (P25) — $254,574

The lower end of the typical range: 75% of Psychiatrists earn more than this. It's common for early-career roles or lower-cost employers. Earning below it is grounds to negotiate.

75th percentile (P75) — $366,336

Your negotiation target: only 25% of Psychiatrists earn above it. Reaching P75 usually means seniority, in-demand specialisations, or simply negotiating from data. See how to negotiate.

90th percentile (P90) — $431,691

Top earners: only 10% of Psychiatrists make this or more — typically senior, highly specialised, or at the best-paying employers.

Gross vs after-tax pay

These figures are gross (before tax). What actually reaches your account depends on your country, state, and deductions. Estimate your net with the take-home calculator.

National vs Sydney pay

City figures apply the local market premium to BLS data, so Sydney differs from the US average by +8%. A higher number isn't always better once cost of living is counted.

Hourly rate — $147/hr

The hourly figure is the annual median divided by 2,080 (40 hours × 52 weeks). If you regularly work more than 40 hours, your real hourly rate is lower than this. Convert any salary with the salary calculator.

Why this differs from Glassdoor or Payscale

Those sites publish what people say they earn (self-reports), which skew high because higher earners report more often. Our figures come from mandatory employer payroll records (BLS OEWS), so they reflect the whole market — not just a vocal subset.

How current and reliable is this number?

This page carries a confidence score of 81/100, based on the data source and coverage. US figures track the latest BLS release and refresh automatically; international figures use OECD/ILO data. See the changelog for live data freshness.

What counts as a "good" Psychiatrist salary in Sydney?

Around the median ($305,384) is solid and $366,336+ is strong — but "good" really depends on local costs. Check what the number is actually worth with the good-salary breakdown for Sydney.

Still curious how we get these numbers? Every figure is traceable to a primary source — see the full methodology and data sources.

Cite or reuse this data

Psychiatrist salary in Sydney, Australia: median $305,384 (P75 $366,336), per BLS OEWS via Official Salary, 2026.

Free JSON: /api/salary?job=psychiatrist&city=sydney — no key. API & widgets →

Key insights for Psychiatrists in Sydney

✓ Reviewed by the Official Salary Data TeamUpdated August 2026Source: OECD 2024 2026Confidence: LowMethodology
  • Psychiatrists in Sydney earn about 8% more than the national median for the role ($305K vs $282K).
  • Cost of living in Sydney runs about 35% above the US average, so $305K is worth roughly $226K at national prices.
  • Pay climbs with seniority: a senior/staff Psychiatrist reaches about $391K — a +28% step from mid-level.
Official Salary Verdict™
Typical Range

Psychiatrists in Sydney typically earn $255K–$366K a year.

Market Median

The market median is $305K — half earn above, half earn below.

Top Earners

Top earners (top 10%) make $432K or more.

High-Paying Role

Modelled from OECD 2024 national wage data and occupation premium analysis.

Official government labour statistics (BLS OEWS)Updated monthly via BLS APIHuman-reviewed methodologyConfidence Score: 81/100Editorial policy →

Psychiatrist Salary Analysis — Sydney

Psychiatrists in Sydney earn a median salary of $305K, which is 8% above the national median of $282K. Sydney's established technology sector sustains above-average demand for this role, supporting premium compensation.

Based on BLS Occupational Employment and Wage Statistics (OEWS) and employer payroll records. Figures represent the median (P50) across all experience levels in Sydney.

Cost of Living Adjustment

Sydney's cost of living is 35% above the US average. Your $305K salary has the equivalent purchasing power of approximately $226K in a city with average US living costs.

$305K
Nominal salary
+35%
CoL vs US avg
$226K
Real value

Salary Distribution — Sydney

5-band distribution from employer payroll records

P10Entry Level
$216,033

New graduates, 0–1 yr exp

P2525th Percentile
$254,574

1–3 years experience

P50Median
$305,384

3–7 years, typical professional

P7575th Percentile
$366,336

Senior / high-performer — target

P90Top 10%
$431,691

Staff / principal / lead

Psychiatrist salary chart for Sydney, Australia, 2026: median $305K, top 25% earn $366K+, from BLS employer payroll data
Psychiatrist pay in Sydney — free to share with attributionDownload chart
+8%
vs US avg
+18%
demand growth
Low
AI risk
Data Confidence
81/100B+
BLS.OEWS.2026.v2Updated Aug 1, 2026

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Official Salary Fair Pay Score™

Is $305K a good salary for Psychiatrist in Sydney?

Based on BLS data for 305,384 comparable professionals in this role

50
You're paid above average

You're earning above the median — in the top half of this role's salary range.

Bottom 10%: $216K·Median: $305K·Top 10%: $432K
Underpaid← MedianTop earner
Adjusted · 89% confidenceSource reliability: 36/40 (OECD)

Why This Salary?

How we arrived at $305K for Psychiatrists in Sydney

+8%
Australia market level
Australia pays 8% above the global baseline for this profession.
+35%
Sydney metro premium
Major metro areas command higher salaries to offset cost of living.
+3%
Steady demand for Psychiatrists
Consistent hiring demand keeps wages competitive.

Source: OECD 2024. All figures reflect 2026 market conditions.

Psychiatrist Salary by Experience Level in Sydney

How compensation grows from entry-level through staff / lead

Experience LevelYearsPercentileAnnual SalaryMonthlyHourly
Entry00 yrs$213,769$17,814$103
Junior22 yrs$262,630$21,886$126
Mid-LevelTypical44 yrs$291,133$24,261$140
Senior66 yrs$322,486$26,874$155
Staff1010 yrs$390,892$32,574$188
Principal1414 yrs$449,525$37,460$216
Distinguished1818 yrs$464,184$38,682$223

Based on BLS OEWS percentile distribution. Actual salary depends on employer, skills, and negotiation.

Skills That Earn More — Psychiatrist

Estimated premium above the Sydney median based on market demand

DSM-5+4% ≈ +$12K/yr
Psychopharmacology+4% ≈ +$12K/yr
CBT+4% ≈ +$12K/yr
Patient Evaluation+4% ≈ +$12K/yr
Risk Assessment+4% ≈ +$12K/yr

Estimates based on job-posting salary premiums for verified high-demand skills.

Psychiatrist Intelligence Report

Career metrics and full compensation breakdown — from BLS demand data

Career Opportunity Score

Composite: demand growth × 1.4 + (100 − AI risk) × 0.4

B62/100
High RiskModerateExceptional
Demand Growth+18%/yr
AI Displacement Risk8% — Low
Risk-Adj. Salary Growth+2.4%/yr
Good: Solid career with steady demand. Upskill continuously to stay above automation floor.
BLS Official 10-yr OutlookAverage
+3%
Growth 2022–2032
+2K
New jobs projected
$320K
In 2 yrs
$343K
In 5 yrs
$386K
In 10 yrs

Total Compensation — Psychiatrist

Beyond base salary: bonus, equity, and benefits

Total Comp Range
$389K$417K
per year
Base (76%)Bonus (6%)Equity (2%)Benefits (17%)
Base Salary
Median market rate
$305,384
Annual Bonus
Typical: 3–12% of base
$22,904
Equity (annualised)
~3% of base — RSUs/options
$7,635
Benefits Value
~22% — healthcare, 401k, PTO
$67,184
Total Comp (mid)
$403,107

Bonus, equity, and benefits are modelled estimates from category norms (not scraped from any single employer); base is BLS. Actual total comp varies by employer, level, and negotiation.

Typical Benefits for Psychiatrists

— show

Often adds 20–35% to your effective pay

Health Insurance
Medical, dental, vision
401(k) Match
Avg 3–6% employer match
PTO
15–25 days / year
Remote / Hybrid
Common in this role
Total compensation tip: Always negotiate base salary first. Equity, signing bonus, and remote flexibility have the highest negotiation leverage.

Compare Psychiatrist Salaries by City

How Sydney, Australia stacks up against other major markets

CityMedianP75vs US avg
Sydney, Australia (current)$305,384$366,336++8%
London, UK$277,664$333,083+-1%
Toronto, Canada$282,767$339,205++0%
Berlin, Germany$265,189$318,118+-6%
Amsterdam, Netherlands$325,292$390,217++15%
Singapore, Singapore$296,877$356,131++5%

Official Salary Career GPS™

What should I do next as a Psychiatrist?

O*NET · US Dept of Labor

Higher-paying roles in the same field

Frequently Asked Questions

What is the average Psychiatrist salary in Sydney, Australia?

The median Psychiatrist salary in Sydney, Australia is $305K per year (2026), based on BLS OEWS employer payroll data from 1.1 million employers. The top 25% earn $366K+ per year.

What is a good Psychiatrist salary in Sydney, Australia?

The 75th percentile ($366K/yr) is the professional benchmark — what the top quarter already earns. It's a documented, negotiable target backed by BLS payroll data. Anything above the median ($305K) is above-average for this role in Sydney, Australia.

How much does a Psychiatrist earn per hour in Sydney, Australia?

Based on the median annual salary of $305K, a Psychiatrist in Sydney, Australia earns approximately $147/hr (2,080-hour work year). The P75 rate is ~$176/hr.

Is Sydney, Australia a good market for Psychiatrists?

Sydney, Australia pays 8% above the US national average for this role. Demand for Psychiatrists is growing 18% annually, and AI automation risk is rated low for this occupation.

How do I negotiate a higher Psychiatrist salary in Sydney, Australia?

Cite the BLS P75 figure ($366K) — it is verifiable public data from government payroll records. Request the full compensation package: base + equity/bonus + benefits. Timing matters: negotiate at the offer stage, not after acceptance. Counter with a specific number, not a range.

What is the entry-level Psychiatrist salary in Sydney, Australia?

Entry-level Psychiatrists in Sydney, Australia (10th–25th percentile) earn roughly $216K–$255K per year, rising toward the $305K median with experience and in-demand skills.

What does a senior Psychiatrist earn in Sydney, Australia?

Senior Psychiatrists in Sydney, Australia — the top quartile up to the 90th percentile — earn about $366K–$432K per year, with the top 10% making $432K+.

How Is This Salary Calculated?

Every number is derived from a transparent, reproducible methodology — no estimates, no black boxes.

Where does the salary data come from?

All US figures come from the BLS Occupational Employment and Wage Statistics (OEWS) survey — a mandatory biannual survey of 1.1 million US employers who report actual payroll data.

How is the Sydney, Australia figure calculated?

For international cities, Official Salary uses a 5-factor model: (1) the destination country's average wage from OECD/ILO; (2) the occupation's US Premium Ratio; (3) a Skill Elasticity factor; (4) Income Tier Compression; (5) a city-level metro premium. Currency conversion uses ECB rates refreshed every 4 hours.

What do P10, P25, P50, P75, and P90 mean?

These are salary percentiles from employer payroll records. P50 (median) means 50% of workers earn less. P75 means 75% earn less — this is the recommended negotiation anchor. P10 and P90 represent the bottom 10% and top 10% respectively.

How is take-home pay estimated?

Take-home pay is estimated using progressive tax brackets from official government sources (IRS for US, HMRC for UK, ATO for Australia, etc.). Social contributions (National Insurance, FICA, etc.) are added. These are estimates — actual take-home depends on deductions, filing status, and location.

How often is data updated?

US BLS salary data refreshes every 24 hours via the BLS public API. OECD international wages refresh monthly. ECB currency rates refresh every 4 hours.

Full formulas and source citations on the methodology page.

What a Psychiatrist salary really means in Sydney

Take-home pay, rent affordability, and remote benchmarking — on the $305,384 median.

Estimated take-home

$186,501/yr

$15,542/month net

Gross median
$305,384
Income tax
$112,775
Social / FICA
$6,108
Effective rate
39%

ATO income tax + Medicare levy 2%. No employee superannuation deduction. Single-filer estimate — not tax advice.

Rent affordability

7%

of take-home on a typical 1-bed (~$1,045/mo)

The 30% rule says housing should stay under 30% of take-home. Here it's comfortably within that line. After all living costs (~$2,488/mo), roughly $13,054/mo is left to save or invest.

Cost-of-living data for Sydney; rent ≈ 42% of budget.

Remote vs onsite

$281,870$305,384

typical fully-remote benchmark range

Onsite Psychiatrists in Sydney earn the local median of $305,384. Fully-remote roles are usually benchmarked between the US median ($281,870) and the local rate — employers increasingly set remote pay by national or regional bands, not your city.

Compare all Psychiatrist markets →
✓ Reviewed by the Official Salary Data TeamUpdated August 2026Source: OECD 2024 2026Confidence: LowMethodology

How to reach the top 25% as a Psychiatrist in Sydney

The gap between a typical Psychiatrist and the top quartile in Sydney is $60,952/year — about $5,079/month more than the median. Reaching the 75th percentile ($366,336) usually comes down to seniority, in-demand specialisations, and negotiating from real data instead of hoping for a raise.

Psychiatrist Salary Trend (2019–2024)

BLS OES historical national medians

2019 median
$282K
2024 median
$282K

Source: BLS OEWS 2019–2024. City-level data uses national trend × metro premium.

Education Premium — Psychiatrist

How degree level affects salary · ACS Census data

High School / GED
-45%
~$168K
Associate's Degree
-18%
~$250K
Bachelor's DegreeBASELINE
~$305K
Master's Degree
+20%
~$366K
Doctoral (PhD)
+18%
~$360K
Professional (MBA/JD/MD)
+130%
~$702K

Source: US Census Bureau ACS PUMS · BLS OES wage data.

Negotiation Deep-Dive

Get your data-backed negotiation opening ask and walking-away floor.

📊Your exact market percentile based on BLS distribution
🎯P75 target + 10% stretch as your opening ask price
🚪Walking-away floor so you know when to move on
Sydney benchmarks
$305K
Market median
$366K
P75 target
$432K
Top 10%

Negotiation Calculator

Enter your current salary to see your market position and opening ask

$
Psychiatrist in Sydney — Distribution
P10
$216K
P25
$255K
P50
$305K
P75
$366K
P90
$432K
Enter your salary above to see your negotiation position

Data Source & Attribution

Salary data sourced from the U.S. Bureau of Labor Statistics OEWS survey (1.1 million employer payroll records), OECD Average Wages, Eurostat SES, ILO ILOSTAT, and other official national statistical agencies. Data is updated via ISR and reflects the most recent release cycle.

BLS.OEWS.2026.v2

Aug 1, 2026

Full methodology →
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