Psychiatrists pay range in Louisville
New workers and the lowest-paid 10% earn about $166,420 a year or less, while the top 10% make $356,830 or more. The middle half of psychiatrists in Louisville earn between $237,770 and $238,000.
- $166K10th
- $238K25th
- $238KMedian
- $238K75th
- $357K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $244,750 | $20,396 | $117.67 |
| Median | $237,770 | $19,814 | $114.31 |
| Entry level (25th percentile) | $237,770 | $19,814 | $114.31 |
| Experienced (75th percentile) | $238,000 | $19,833 | $114.42 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Psychiatrists pay in Louisville vs. Kentucky and the U.S.
Psychiatrists in Louisville earn 11% more than the Kentucky average ($221,190) and 9% less than the U.S. average ($269,940). At the median the gap is -16% against the U.S. median of $281,870.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Louisville | $244,750 | $237,770 | $166,420 | $356,830 | 60 |
| Kentucky | $221,190 | $237,770 | $74,200 | $361,640 | 160 |
| United States | $269,940 | $281,870 | $84,060 | $446,520 | 27,980 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Psychiatrists salary after taxes in Louisville
On the average salary of $244,750, a single filer in Louisville takes home about $165,902 a year, or $13,825 a month and $6,381 every two weeks. Taxes take 32% of gross pay.
The Louisville/Jefferson County, KY-IN metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in IN | $172,423 | $14,369 |
| Working in KY | $165,902 | $13,825 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Includes Louisville's local income tax (2.2%).
Is Louisville a good place for psychiatrists? Pay vs. cost of living
Prices in the Louisville area are 7% below the U.S. average (BEA price parity 93.1), so the average $244,750 buys what about $262,963 would buy in a typical U.S. metro. This job pays 4.9 times the median wage of all jobs in Louisville ($48,370). A typical home costs $283,232, or 1.2 years of this average salary before tax.
Psychiatrists salary in other Kentucky cities
Louisville ranks 1st of 2 Kentucky metro areas for this job, the best-paid in the state.
- Louisville$244,750
- Lexington$173,860
Highest-paying cities for psychiatrists
Miami, FL pays this job the most of the metro areas we cover ($378,670).
- Miami, FL$378,670
- San Jose, CA$364,570
- Minneapolis, MN$358,870
- Los Angeles, CA$358,510
- St. Louis, MO$357,180
Does this match what you are paid?
Anonymous, no account. Results update as visitors answer.
Share your pay anonymously
Psychiatrists salary in Louisville: questions
How much do psychiatrists make an hour in Louisville?
$117.67 an hour on average, and $114.31 at the median (BLS, May 2025).
What is the entry-level psychiatrists salary in Louisville?
The lowest-paid 10% earn about $166,420 a year and the 25th percentile is $237,770, a fair guide to starting pay.
What is the psychiatrists take-home pay in Louisville?
About $165,902 a year ($13,825 a month) for a single filer on the average salary of $244,750. Includes Louisville's local income tax (2.2%).
Do psychiatrists earn more in Louisville than elsewhere?
The average here is 9% less than the U.S. average for this job ($269,940).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 29-1223; area Louisville/Jefferson County, KY-IN (31140). Relative standard error of the mean wage: 2.6%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Includes Louisville's local income tax (2.2%).
- Job concentration: location quotient 0.45, this job is less common than in the U.S. overall (location quotient 0.45).
Read the full methodology. Spotted an error? Tell us.