Healthcare Indianapolis, IN Pop. 887,642

Psychiatrist Salary in Indianapolis, Indiana

The median psychiatrist salary in Indianapolis, IN is $237,736 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$237,736
vs State Avg
+$7,669
vs National
$-17,894
Cost of Living
93%

Psychiatrist Salary in Indianapolis by Experience

In Indianapolis, an entry-level psychiatrist earns around $116,250, while experienced professionals earn up to $358,050 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$116,250
$-8,750 vs national
Mid Level (3-7 yrs)
$239,940
$-18,060 vs national
Senior Level (8+ yrs)
$358,050
$-26,950 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $111,600
25th Percentile $162,750
Median (50th) $237,736
75th Percentile $306,900
90th Percentile $372,000

Psychiatrist Salary in Other Indiana Cities

Carmel, IN
$268,412
Pop. 99,757
Fort Wayne, IN
$217,286
Pop. 263,886
Evansville, IN
$214,729
Pop. 117,429
South Bend, IN
$212,173
Pop. 103,453

How to Become a Psychiatrist in Indianapolis

Education

Most psychiatrist positions require a doctoral degree. Indianapolis and the surrounding Indiana area have institutions offering relevant programs.

Key Skills

PsychiatryPsychopharmacologyCBT/DBTDiagnosisPatient AssessmentDocumentation

Job Outlook

Nationally, psychiatrist employment is projected to grow 7% over the next decade (faster than average). Demand in Indianapolis may vary based on local industry and population growth.

Find Psychiatrist Jobs in Indianapolis

Browse open psychiatrist positions in Indianapolis, IN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Psychiatrist Salary in Indianapolis

How much does a Psychiatrist make in Indianapolis, IN? ▼
The median psychiatrist salary in Indianapolis, Indiana is $237,736 per year, which is 7% below the national median of $255,630. Salaries range from $111,600 (10th percentile) to $372,000 (90th percentile).
How much does a Psychiatrist make per hour in Indianapolis? ▼
Based on the median annual salary of $237,736, a psychiatrist in Indianapolis earns approximately $114 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for psychiatrist pay? ▼
Indianapolis's median psychiatrist salary of $237,736 is 3.3% above the Indiana state average of $230,067. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a psychiatrist salary of $237,736 in Indianapolis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a psychiatrist in Indianapolis? ▼
Most psychiatrist positions in Indianapolis require a doctoral degree. Key skills include Psychiatry, Psychopharmacology, CBT/DBT, Diagnosis. The job market is projected to grow 7% nationally over the next decade.