National Salary Overview
VS
Psychiatrists earns $40,324 more (29.1%)
Key Metrics Compared
Median Salary
$138,788
$179,113
Average (Mean) Salary
$157,192
$199,794
Total Employment
787,360
10,640
States with Higher Pay
4
18
Salary by State: Financial Managers vs Psychiatrists
Showing 22 states where both occupations have BLS data. Financial Managers pays more in 4 states; Psychiatrists pays more in 18.
| State | Financial Managers | Psychiatrists | Difference | ||
|---|---|---|---|---|---|
| Alabama | $134,080 | $180,420 | $-46,340 | ||
| Alaska | $127,000 | $134,870 | $-7,870 | ||
| Arkansas | $101,230 | $120,530 | $-19,300 | ||
| Delaware | $174,880 | $227,730 | $-52,850 | ||
| District of Columbia | $172,060 | $101,310 | +$70,750 | ||
| Hawaii | $123,010 | $75,590 | +$47,420 | ||
| Illinois | $149,900 | $171,370 | $-21,470 | ||
| Iowa | $126,230 | $204,420 | $-78,190 | ||
| Kentucky | $122,770 | $220,870 | $-98,100 | ||
| Massachusetts | $169,870 | $128,810 | +$41,060 | ||
| Mississippi | $95,830 | $200,100 | $-104,270 | ||
| Nevada | $123,990 | $198,370 | $-74,380 | ||
| New Hampshire | $140,380 | $228,610 | $-88,230 | ||
| New York | $215,430 | $230,870 | $-15,440 | ||
| North Carolina | $146,860 | $216,000 | $-69,140 | ||
| Ohio | $131,610 | $221,460 | $-89,850 | ||
| Oklahoma | $125,430 | $234,580 | $-109,150 | ||
| South Carolina | $125,270 | $140,130 | $-14,860 | ||
| Tennessee | $129,970 | $210,100 | $-80,130 | ||
| Texas | $155,380 | $208,750 | $-53,370 | ||
| Vermont | $113,430 | $222,310 | $-108,880 | ||
| West Virginia | $96,630 | $63,290 | +$33,340 |
Frequently Asked Questions
Who makes more: Financial Managers or Psychiatrists?
On average across all states, a Psychiatrists earns more than a Financial Managers. The national median salary difference is $40,324 (29.1%) based on 2024 BLS data.
In how many states does a Financial Managers earn more than a Psychiatrists?
A Financial Managers earns a higher median salary than a Psychiatrists in 4 out of 22 states where both occupations have BLS data. A Psychiatrists pays more in 18 states.
What is the median salary for a Financial Managers vs Psychiatrists?
The national median salary for a Financial Managers is $138,788 per year, compared to $179,113 for a Psychiatrists, according to 2024 BLS OEWS data.
Which has more jobs: Financial Managers or Psychiatrists?
There are more people employed as Financial Managers. BLS reports approximately 787,360 Financial Managers positions and 10,640 Psychiatrists positions nationwide (2024).
Should I become a Financial Managers or Psychiatrists?
Both Financial Managers and Psychiatrists are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.
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