Psychiatrists Salary in Indianapolis, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Indianapolis-Carmel-Greenwood, IN

Median annual salary $282,600
Median hourly $135.87
10th percentile $194,840
90th percentile $454,930
Employed locally 250

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Psychiatrists
in
Indianapolis, IN
vs

    Salary percentile breakdown

    10th
    $194,840
    25th
    $232,380
    50th (median)
    $282,600
    75th
    $446,860
    90th
    $454,930

    Indianapolis economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $77,065 2023 • Census ACS
    Psychiatrists salary vs area income 367% Median Psychiatrists salary is 267% above the area median household income

    Top-paying metros for Psychiatrists

    Metro areaMedian salary
    Springfield, IL $413,890
    Burlington-South Burlington, VT $409,950
    Gainesville, FL $404,240
    Miami-Fort Lauderdale-West Palm Beach, FL $403,430
    Ocala, FL $396,200
    New Haven, CT $381,890

    Nearby metros — Psychiatrists salary comparison

    Metro areaMedian salary
    Springfield, IL $413,890
    Burlington-South Burlington, VT $409,950
    Gainesville, FL $404,240
    Riverside-San Bernardino-Ontario, CA $364,530
    Des Moines-West Des Moines, IA $358,020
    West Central Illinois nonmetropolitan area $350,430

    Related occupations in Indianapolis, IN

    OccupationMedian salary
    Registered Nurses $81,310
    Licensed Practical and Licensed Vocational Nurses $64,950
    Clinical Laboratory Technologists and Technicians $58,440
    Pharmacy Technicians $40,260
    Physicians, All Other $364,040
    Nurse Practitioners $130,950

    Frequently asked questions

    How much do Psychiatrists make per hour in Indianapolis?

    The median hourly wage for Psychiatrists in Indianapolis, IN is $135.87, based on BLS OEWS 2025 data. Top earners (90th percentile) make $218.72 or more per hour.

    What is the entry-level salary for Psychiatrists in Indianapolis?

    Entry-level Psychiatrists (10th percentile) earn around $194,840 per year in Indianapolis, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $232,380.