Psychiatrists Pay Range in Indiana
Pay distribution across experience levels
- 10th Percentile — Entry Level$161,820
- 25th Percentile — Junior$232,380
- 50th Percentile — Median$284,110
- 75th Percentile — Senior$357,000
- 90th Percentile — Top Earners$454,930
Half of Psychiatrists in Indiana earn more than $284,110. The top 10% make $454,930 or more, while entry-level workers start around $161,820.
Psychiatrists in Indiana: Key Facts
Source: BLS OEWS May 2025
- Indiana ranks 8th of 46 states for Psychiatrists pay, at $297,220 per year (10.1% above the U.S. average of $269,940).
- 410 people work as Psychiatrists in Indiana — 1.5% of all U.S. Psychiatrists jobs.
- Location quotient 0.72: Psychiatrists jobs are less concentrated in Indiana than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $161,820; the top 10% earn over $454,930.
- Hourly equivalent: $142.89 per hour (2,080 hours/year).
- The highest-paying state is Missouri at $345,860.
- Among healthcare jobs in Indiana, Surgeons All Other pays the most ($413,140).
Psychiatrists Job Market in Indiana
Key factors affecting compensation
Indiana's key industries are Manufacturing, Agriculture, Healthcare, and its job market is rated moderate. Psychiatrists here earn $297,220 on average, placing the state 8th nationally.
With a cost-of-living index of 0.85 (U.S. = 1.00), a Indiana salary of $297,220 is roughly equivalent to $349,671 at the national average cost of living.
Compared with nearby states in the pay ranking, Louisiana ($321,300), California ($315,380), Maryland ($306,100) are the closest alternatives for Psychiatrists weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Healthcare Jobs in Indiana
Related career salary benchmarks
- Surgeons All Other $413,140/yr Indiana +39.0% vs this role
- Anesthesiologists $389,030/yr Indiana +30.9% vs this role
- Emergency Medicine Physicians $360,570/yr Indiana +21.3% vs this role
- Radiologists $360,390/yr Indiana +21.3% vs this role
- Dermatologists $350,490/yr Indiana +17.9% vs this role
- General Internal Medicine Physicians $339,500/yr Indiana +14.2% vs this role
- Physicians All Other $323,600/yr Indiana +8.9% vs this role
- Family Medicine Physicians $285,950/yr Indiana 3.8% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Psychiatrists salary in Indiana?
The average Psychiatrists salary in Indiana is $297,220 per year (median $284,110), which is 10.1% above the national average of $269,940.
How does Indiana rank for Psychiatrists pay?
Indiana ranks 8th out of 46 states. The highest-paying state is Missouri ($345,860/yr).
How much do entry-level Psychiatrists make in Indiana?
The lowest-paid 10% of Psychiatrists in Indiana earn about $161,820 per year and the 25th percentile is $232,380.
How much do Psychiatrists make per hour in Indiana?
About $142.89 per hour, based on the $297,220 annual average and 2,080 working hours per year.
How many Psychiatrists work in Indiana?
BLS counts 410 Psychiatrists jobs in Indiana (OEWS May 2025).
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