Median pay · Indiana
$284,110A year, or $137 an hour.| Percentile | Annual | Hourly |
|---|---|---|
| 10th percentile1 in 10 earn less | $161,820 | $78 |
| 25th percentile | $232,380 | $112 |
| MedianHalf earn more, half less | $284,110 | $137 |
| 75th percentile | $357,000 | $172 |
| 90th percentile1 in 10 earn more | $454,930 | $219 |
| MeanAll pay divided by all jobs | $297,220 | $143 |
Wage survey · BLS May 2025
How we got this
- Median wage in IndianaBLS OEWS May 2025. Half of the people in this job were paid more than this, half less.$284,110
- Median hourly wagePublished separately by BLS, not divided out of the annual figure.$136.59
- Take-home after federal, state and FICA tax$16,406 a month at an effective rate of 30.7%.$196,870 a year
- Worth at national average pricesPrices in Indiana sit at 93.3 against a national 100 (BEA, 2024).$304,418
- Against the national medianThe national median is $281,870.0.8% above
- Jobs countedA concentration of 0.72 against the nation's 1.00.410
What we assumed
- Wages are BLS OEWS survey estimates for May 2025, not job postings or offers.
- OEWS surveys wage and salary workers. The self-employed and business owners are outside it.
- Take-home assumes one 2026 filer, filing single, taking the standard deduction, with no dependents, pre-tax retirement contributions or local income tax.
- Regional price parities compare price levels between places in one year. They are not inflation, and they do not adjust for what a household actually buys.
Technical details
Method occupation-wage-v1Data bls-oews-2025-05-v1, us-tax-2026-v1, bea-rpp-2024-v1, census-acs5-2024-v1
What lands in the bank
Tax year 2026 · InteractiveEstimated on the median salary of $284,110 in Indiana, for a single filer taking the standard deduction in 2026. Explore other wage levels and filing statuses below.
Run the numbers on your own pay
Same U.S. tax tables as the rest of the site. Change the salary, state, or filing status.
What $284,110 is worth in Indiana
Prices in Indiana sit at 93.3 against a national average of 100, so $284,110 earned here buys what $304,418 buys at national average prices.
- Rents. 73.9 against 100, the component that moves most between states.
- Against local households. The median household in Indiana takes in $71,957, so this occupation's median is 3.95 times that, on one income.
- How common the job is here. 28% less concentrated in Indiana than in the country as a whole.
Reading the numbers
What stands out for psychiatrists in Indiana
BLS does not publish exact figures above $239,200 a year ($115.00 an hour). At least one percentile in Indiana reaches that cap, so the top of the range is higher than the table can show.
One median paycheck here is 3.9 times the median household income in Indiana ($71,957), a figure that counts every earner in the home.
Rents in Indiana index at 73.9 (U.S. = 100) while prices overall index at 93.3, a gap of -19.4 pts. For a renter, housing moves the local cost of living more than anything else.
The gap between the ends is wide: the 90th percentile ($454,930) is 2.8 times the 10th ($161,820). The survey does not say who sits where in that range. It records no experience, shift or employer.
Common questions
Psychiatrists pay in Indiana, answered
How much do psychiatrists make in Indiana?
The median wage for psychiatrists in Indiana is $284,110 a year, or $136.59 an hour.
Half earn more than that and half earn less. The figure comes from the Bureau of Labor Statistics occupational wage survey for May 2025.
What is the average Psychiatrists salary in Indiana?
BLS’s mean (average) wage for psychiatrists in Indiana is $297,220 a year. The median is $284,110.
The mean sits higher when a smaller group of high earners pulls the average up. For a typical paycheck, the median is the better middle.
What is the hourly pay for psychiatrists in Indiana?
The median hourly wage is $136.59. At a full-time year that lines up with about $284,110 a year.
BLS May 2025; hourly and annual figures come from the same survey.
What is the starting salary for psychiatrists in Indiana?
BLS does not publish starting pay. The closest figure it does publish is the low end of the range: in Indiana, the lowest-paid 10% of psychiatrists earn under $161,820 a year and a quarter earn under $232,380 ($77.80 and $111.72 an hour).
New hires often start somewhere in that band, but the May 2025 survey does not record experience, so read it as a floor to compare an offer against rather than a typical first salary.
What is the salary range for psychiatrists in Indiana?
The overall salary range for psychiatrists in Indiana spans from $161,820 for the bottom 10% to $454,930 for top earners.
The middle 50% earn between $232,380 and $357,000 a year, with the overall median at $284,110.
What is the take-home pay for psychiatrists in Indiana?
On the median wage of $284,110, a single filer taking the 2026 standard deduction keeps an estimated $196,870 a year, or roughly $16,406 a month.
That is after federal, state and FICA tax, an effective rate of 30.7%.
Indiana takes $8,352 of it in state income tax.
How much does psychiatrists make a month in Indiana?
On the median annual salary of $284,110, estimated take-home pay is roughly $16,406 a month after federal, state, and FICA taxes.
For workers paid on a standard biweekly schedule (26 pay periods per year), each paycheck is approximately $7,572 net.
Do psychiatrists earn more in Indiana than in the rest of the country?
Yes. The median in Indiana is 0.8% above the national median of $281,870.
Nominal pay is only half the comparison: prices in Indiana sit at 93.3 against a national 100, so the gap in what the money buys is different from the gap in the salary.
Is $284,110 a good salary in Indiana?
It is 3.95 times the median household income of $71,957. A household often has more than one earner, so a single salary at this level goes further than the ratio alone suggests.
Prices in Indiana run at 93.3 against a national average of 100, with rents at 73.9, so $284,110 here buys about what $304,418 buys at national average prices.
What do the highest-paid psychiatrists earn in Indiana?
The top tenth earn $454,930 a year or more. The 10th-percentile wage is $161,820.
Experience, specialty, employer and the part of Indiana someone works in all move a wage inside that range; the survey reports the spread, not the reason for it.
How many psychiatrists are there in Indiana?
The survey counted 410 of these jobs in Indiana for May 2025.
That makes the occupation 28% less concentrated here than in the country as a whole. It counts wage and salary jobs, so the self-employed are outside it.