National Salary Overview
VS
Psychiatrists earns $106,943 more (70.9%)
Key Metrics Compared
Median Salary
$150,741
$257,684
Average (Mean) Salary
$168,791
$256,354
Total Employment
841,710
26,480
States with Higher Pay
5
41
Salary by State: Financial Managers vs Psychiatrists
Showing 46 states where both occupations have BLS data. Financial Managers pays more in 5 states; Psychiatrists pays more in 41.
| State | Financial Managers | Psychiatrists | Difference | ||
|---|---|---|---|---|---|
| Alaska | $127,030 | $342,170 | $-215,140 | ||
| Arizona | $139,830 | $249,720 | $-109,890 | ||
| Arkansas | $116,570 | $124,750 | $-8,180 | ||
| California | $180,770 | $353,500 | $-172,730 | ||
| Colorado | $182,690 | $266,370 | $-83,680 | ||
| Connecticut | $174,830 | $326,670 | $-151,840 | ||
| Delaware | $181,580 | $279,410 | $-97,830 | ||
| District of Columbia | $188,880 | $183,080 | +$5,800 | ||
| Florida | $153,280 | $316,200 | $-162,920 | ||
| Georgia | $166,790 | $237,480 | $-70,690 | ||
| Hawaii | $134,210 | $289,990 | $-155,780 | ||
| Idaho | $127,210 | $75,470 | +$51,740 | ||
| Illinois | $165,880 | $258,740 | $-92,860 | ||
| Indiana | $135,840 | $284,110 | $-148,270 | ||
| Iowa | $133,320 | $295,270 | $-161,950 | ||
| Kansas | $159,380 | $278,100 | $-118,720 | ||
| Kentucky | $130,650 | $237,770 | $-107,120 | ||
| Louisiana | $126,800 | $345,040 | $-218,240 | ||
| Maine | $133,610 | $300,180 | $-166,570 | ||
| Maryland | $158,750 | $305,320 | $-146,570 | ||
| Michigan | $139,370 | $291,850 | $-152,480 | ||
| Minnesota | $163,410 | $336,410 | $-173,000 | ||
| Mississippi | $111,390 | $213,680 | $-102,290 | ||
| Missouri | $143,460 | $312,680 | $-169,220 | ||
| Nebraska | $140,360 | $135,180 | +$5,180 | ||
| Nevada | $132,490 | $210,030 | $-77,540 | ||
| New Hampshire | $144,730 | $246,140 | $-101,410 | ||
| New Jersey | $199,110 | $194,070 | +$5,040 | ||
| New Mexico | $133,700 | $227,730 | $-94,030 | ||
| New York | $219,880 | $265,890 | $-46,010 | ||
| North Carolina | $166,780 | $168,880 | $-2,100 | ||
| Ohio | $140,870 | $244,990 | $-104,120 | ||
| Oklahoma | $132,460 | $271,640 | $-139,180 | ||
| Oregon | $156,460 | $314,880 | $-158,420 | ||
| Pennsylvania | $145,610 | $278,970 | $-133,360 | ||
| Rhode Island | $166,940 | $287,610 | $-120,670 | ||
| South Carolina | $136,160 | $237,250 | $-101,090 | ||
| South Dakota | $159,700 | $226,180 | $-66,480 | ||
| Tennessee | $141,010 | $214,880 | $-73,870 | ||
| Texas | $164,860 | $228,460 | $-63,600 | ||
| Utah | $150,450 | $299,670 | $-149,220 | ||
| Vermont | $128,690 | $302,770 | $-174,080 | ||
| Virginia | $185,220 | $295,010 | $-109,790 | ||
| Washington | $174,840 | $304,920 | $-130,080 | ||
| West Virginia | $113,140 | $63,320 | +$49,820 | ||
| Wisconsin | $139,720 | $331,070 | $-191,350 |
Explore This Comparison by State
Dive deeper — see how Financial Managers vs Psychiatrists salaries differ in each state, with local data and national benchmarks.
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 $106,943 (70.9%) based on 2025 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 5 out of 46 states where both occupations have BLS data. A Psychiatrists pays more in 41 states.
What is the median salary for a Financial Managers vs Psychiatrists?
The national median salary for a Financial Managers is $150,741 per year, compared to $257,684 for a Psychiatrists, according to 2025 BLS OEWS data.
Which has more jobs: Financial Managers or Psychiatrists?
There are more people employed as Financial Managers. BLS reports approximately 841,710 Financial Managers positions and 26,480 Psychiatrists positions nationwide (2025).
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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