Job Salary Guide · 2026
Psychiatrist Salary After Tax in Albany
Based on BLS OEWS data · NY · Single filer
Psychiatrist Salary Range
25th Percentile
$180,000
Take-home:
$123,811
$10,318/mo
Entry to mid-level
Median
$226,000
Take-home:
$153,884
$12,824/mo
Typical salary
75th Percentile
$290,000
Take-home:
$190,782
$15,899/mo
Senior / specialist
Tax Breakdown
At median salary of $226,000
Cost of Living in Albany
1BR Monthly Rent
$1,300/mo
2BR Monthly Rent
$1,620/mo
COL Index
1.03
Comfortable Rent Max
$3,206/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $12,824 ($153,888/yr)
$6,412
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$3,847
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$2,565
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$76,944
Wants / year
$46,166
Savings / year
$30,778
Psychiatrist Salary in Other Cities
Frequently Asked Questions
What is the average Psychiatrist salary in Albany?
The median Psychiatrist salary in Albany (NY) is $226,000 per year based on BLS OEWS data. The 25th percentile is $180,000 and the 75th percentile is $290,000.
What is the take-home pay for a Psychiatrist in Albany?
At the median salary of $226,000, a Psychiatrist in NY takes home approximately $153,884 per year ($12,824/month) after federal and state taxes. The effective tax rate is 31.91%.
Can a Psychiatrist afford rent in Albany?
The average 1-bedroom rent in Albany is $1,300/month. On the median Psychiatrist salary, your rent-to-income ratio is 10.1%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($3,206/month at this salary).
How does cost of living affect Psychiatrist salaries in Albany?
Albany has a cost-of-living index of 1.03 (1.00 = national average). Albany is 3% more expensive than the US average, which reduces the real purchasing power of the Psychiatrist salary.