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Medical Psychiatrist Salary in Vernon Hills, IL
How much does a Medical Psychiatrist make in Vernon Hills, IL?
$292,364 (USD)/year
Average Bonus
$12,133 (USD)
per Year
Total Compensation
$300,313.11
Entry Level
$197,790
Median
$288,180
Senior Level
$331,952
As of July, 23, 2026, the average medical psychiatrist gross salary in Vernon Hills, Illinois is $292,364 or an equivalent hourly rate of $141. In addition, medical psychiatrists earn an average bonus of $12,133. An entry level medical psychiatrist with 1-3 years of experience earns an average salary of $197,790. At the higher end of the pay range, a senior level medical psychiatrist with 8+ years of experience earns an average salary of $331,952. Salary estimates are based on salary survey data collected directly from employers in Vernon Hills, Illinois.
Data powered by ERI
Salary Potential for a Medical Psychiatrist
Explore the estimated salary growth for a Medical Psychiatrist in Vernon Hills, IL for up to 5 years. The estimated salary of a Medical Psychiatrist will be $299,879 in 1 year and $331,921 in 5 years.
View Salary by Year
Estimated Salary
$307,587
Average Growth
5.2 %
The estimated salary for a Medical Psychiatrist in 2 years is $307,587, which is 5.2 % average growth. This information is based on ERI's compensation database.
Typical Medical Psychiatrist Education
This chart displays the highest level of education for Medical Psychiatrists.
- 0% of Medical Psychiatrists have less than a High School Diploma
- 0% of Medical Psychiatrists have a High School Diploma
- 0% of Medical Psychiatrists have an Associate's Degree
- 0% of Medical Psychiatrists have a Bachelor's Degree
- 0% of Medical Psychiatrists have a Master's Degree
- 100% of Medical Psychiatrists have a Doctorate Degree
The typical field of study for a Medical Psychiatrist is Psychoanalysis and Psychotherapy.
See how education can impact your salaryPopular Skills for a Medical Psychiatrist
Treats patients
100%
Organizes data
67%
These are the most popular skills for Medical Psychiatrists. About 100% of Medical Psychiatrists have a skill in Treats patients.
See how skills can impact your salaryAre you getting paid what you're worth?
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Where can a Medical Psychiatrist earn more?
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Medical Psychiatrist Salaries in Other Locations
Salaries for Similar Job Titles in Vernon Hills, IL
Medical Psychiatrist Jobs
View moreCost of Living in Vernon Hills, IL
The cost of living in Vernon Hills, IL is 12% higher than the national average.
12% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Medical Psychiatrist do?
Diagnoses and treats patients with mental, emotional, and behavioral disorders. Organizes data concerning patient's family, medical history, and onset of symptoms obtained from patient, relatives, and other sources, such as general duty nurse and psychiatric social worker. Determines general physical condition, upon examining patient, following standard medical procedures.
How much does a Medical Psychiatrist make in Vernon Hills, IL?
The average salary for a Medical Psychiatrist is $292,364 per year or $140.56 per hour in Vernon Hills, IL. Top earners have reported making up to $331,952. However, the typical pay range in Vernon Hills, IL is between $197,790 and $331,952 annually.
What is the salary trajectory for a Medical Psychiatrist?
Medical Psychiatrist is projected to see a 13.5 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Medical Psychiatrist salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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