K12 Academics · Residency Specialty Guide

Psychiatry

A plain-English guide to Psychiatry — what the specialty is, what you do, residency length, fellowship subspecialties, and pay.

Type
Core residency
Residency
4 years
Treats
Mental health
Setting
Clinic & hospital
Entry
MD or DO
Demand
Growing
The Specialty

What it is

Psychiatrists are physicians who diagnose and treat mental, emotional, and behavioral disorders — combining therapy, medication, and medical evaluation. Demand is growing with expanded mental-health access.

Day to Day

What you do

They assess and treat conditions like depression, anxiety, bipolar disorder, schizophrenia, and addiction, prescribe medication, and provide or coordinate therapy.

Training

Training path & length

4-year residency, with fellowships for subspecialties.

Subspecialties

Fellowship subspecialties

Fellowships include child & adolescent psychiatry, addiction psychiatry, forensic psychiatry, geriatric psychiatry, and consultation-liaison psychiatry.

Pay & Outlook

Pay & job outlook

Physicians are among the highest-paid professionals. The U.S. Bureau of Labor Statistics reports a median wage of $275,930 for physicians and surgeons (May 2025), with employment projected to grow about 4% from 2025 to 2035 and ~22,100 openings per year. Pay varies widely by specialty — procedural and surgical fields generally earn more, primary-care and pediatric fields less.

Psychiatrists earn around or above the physician median, and demand is rising with mental-health needs.

Getting There

How to get there

Become a physician first: earn an MD or DO, then match into this residency through the national match. Licensure requires completing residency and passing the board exams.

Keep Exploring

Explore further

Keep exploring this part of the resource:

At a Glance

Key facts