Job Salary Guide · 2026
Psychiatrist Salary After Tax in Waterbury
Based on BLS OEWS data · CT · Single filer
Psychiatrist Salary Range
25th Percentile
$180,000
Take-home:
$124,175
$10,348/mo
Entry to mid-level
Median
$226,000
Take-home:
$154,248
$12,854/mo
Typical salary
75th Percentile
$290,000
Take-home:
$191,210
$15,934/mo
Senior / specialist
Tax Breakdown
At median salary of $226,000
Cost of Living in Waterbury
1BR Monthly Rent
$1,200/mo
2BR Monthly Rent
$1,500/mo
COL Index
0.98
Comfortable Rent Max
$3,213/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $12,854 ($154,248/yr)
$6,427
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$3,856
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$2,571
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$77,124
Wants / year
$46,274
Savings / year
$30,850
Psychiatrist Salary in Other Cities
Frequently Asked Questions
What is the average Psychiatrist salary in Waterbury?
The median Psychiatrist salary in Waterbury (CT) 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 Waterbury?
At the median salary of $226,000, a Psychiatrist in CT takes home approximately $154,248 per year ($12,854/month) after federal and state taxes. The effective tax rate is 31.75%.
Can a Psychiatrist afford rent in Waterbury?
The average 1-bedroom rent in Waterbury is $1,200/month. On the median Psychiatrist salary, your rent-to-income ratio is 9.3%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($3,213/month at this salary).
How does cost of living affect Psychiatrist salaries in Waterbury?
Waterbury has a cost-of-living index of 0.98 (1.00 = national average). Waterbury is 2% cheaper than the US average, so the Psychiatrist salary goes further here than in high-cost metros.