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The differences between licensed psychologists and psychiatrists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a licensed psychologist, becoming a psychiatrist takes usually requires 4-6 years. Additionally, a psychiatrist has an average salary of $229,034, which is higher than the $97,852 average annual salary of a licensed psychologist.
The top three skills for a licensed psychologist include patients, crisis intervention and psychological services. The most important skills for a psychiatrist are patients, diagnosis, and patient care.
| Licensed Psychologist | Psychiatrist | |
| Yearly salary | $97,852 | $229,034 |
| Hourly rate | $47.04 | $110.11 |
| Growth rate | 14% | 7% |
| Number of jobs | 24,645 | 29,979 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 39% | Doctoral Degree, 32% |
| Average age | 43 | 48 |
| Years of experience | 2 | 6 |
A licensed psychologist specializes in diagnosing and treating psychological and behavioral issues. They may work in medical facilities with in-patient or out-patient services, collaborating with other medical experts as needed. Their responsibilities include studying a patient's medical history, conducting initial assessments and examinations, facilitating interviews and therapy sessions, developing care and intervention procedures, and monitoring patients' progress. Furthermore, as a licensed psychologist, it is essential to coordinate with families and guardians, helping them understand and deal with the effects of mental illness in a family.
A Psychiatrist is a medical practitioner specializing in the diagnosis and treatment of mental illness. They treat patients utilizing psychotherapeutic methods and medications.
Licensed psychologists and psychiatrists have different pay scales, as shown below.
| Licensed Psychologist | Psychiatrist | |
| Average salary | $97,852 | $229,034 |
| Salary range | Between $69,000 And $137,000 | Between $133,000 And $393,000 |
| Highest paying City | San Francisco, CA | Fargo, ND |
| Highest paying state | California | Alaska |
| Best paying company | Acadia Healthcare | Yuma Regional Medical Center |
| Best paying industry | Health Care | Health Care |
There are a few differences between a licensed psychologist and a psychiatrist in terms of educational background:
| Licensed Psychologist | Psychiatrist | |
| Most common degree | Bachelor's Degree, 39% | Doctoral Degree, 32% |
| Most common major | Psychology | Medicine |
| Most common college | Northwestern University | Duke University |
Here are the differences between licensed psychologists' and psychiatrists' demographics:
| Licensed Psychologist | Psychiatrist | |
| Average age | 43 | 48 |
| Gender ratio | Male, 37.0% Female, 63.0% | Male, 44.6% Female, 55.4% |
| Race ratio | Black or African American, 6.2% Unknown, 3.4% Hispanic or Latino, 10.4% Asian, 3.3% White, 76.4% American Indian and Alaska Native, 0.2% | Black or African American, 5.3% Unknown, 2.8% Hispanic or Latino, 9.5% Asian, 18.0% White, 64.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |