2. Wyoming
Average Annual Salary: $240,890
Average Hourly Salary: $115.81
Number of Psychiatrists Employed: 40
Despite being quite large in terms of area, the Equality State is the least populous of all 50 states in the country and hence employs only 40 psychiatrists. Its average annual and hourly salaries are both just a little bit higher than the state in the third spot, especially the latter, which only boasts an increase of 9 cents as compared to South Dakota.