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
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.