Psychiatrist Salary in Indiana
Based on 410+ workers in Indiana
Median Annual Salary (IN)
$284,110
$136.59/hr
vs National Average
$257,685
+10.3% vs national median
Salary Range (10th–90th)
$162K – $455K
410 employed in Indiana
Psychiatrist salary in Indiana averages $284,110 per year, positioning the state competitively in the mental health care field. With approximately 410 psychiatrists currently employed across Indiana, this median figure reflects strong demand for psychiatric services in the region and exceeds the national average by roughly 10 percent.
Several factors influence psychiatrist salary in Indiana, including years of clinical experience, board certification status, and practice setting. Geographic location within the state, whether in urban centers like Indianapolis or more rural areas, significantly impacts compensation. Additionally, specialization in high-demand areas such as child psychiatry or addiction medicine, combined with employment type—whether in private practice, hospitals, or community mental health centers—shapes individual earning potential.
Salary Distribution — Psychiatrist in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $161,820 |
| 25th percentile | $232,380 |
| Median (50th percentile) | $284,110 |
| 75th percentile | $357,000 |
| 90th percentile | $454,930 |
Top-Paying Industries for Psychiatrist (U.S.)
Which industries pay Psychiatrists the most — nationwide figures (industry-level data is not available by state). Psychiatrists in Indiana tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Government (excl. schools, hospitals & USPS) | $305,530 | 3K |
| Management of Companies and Enterprises | $300,030 | 90 |
| Health Care and Social Assistance | $286,770 | 23K |
| Administrative and Support Services | $280,010 | 70 |
| Professional, Scientific, and Technical Services | $188,090 | 240 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Psychiatrist in Indiana vs National
| Year | Median Salary (Indiana) |
|---|---|
| 2025 | $284,110 |
| 2026 (projected) | $292,633 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Indiana Median | National Median |
|---|---|---|
| 2025 | $284,110 | $257,685 |
| 2026 (projected) | $292,633 | $265,416 |
Psychiatrist Salary by Experience Level in Indiana
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $232,380 |
| Mid-level | 3-5 yrs | $284,110 |
| Senior | 6-9 yrs | $357,000 |
| Staff / Lead | 10+ yrs | $454,930 |
Psychiatrist Salary in Other States
Related Psychiatrist Salaries in Indiana
How other high-demand occupations in Indiana compare to Psychiatrist ($284,110 median).
| Occupation | Median Salary | vs Psychiatrist | Hourly |
|---|---|---|---|
| Cardiologist in IN | $588,890 | +107.3% | $283.12/hr |
| Surgeon in IN | $459,300 | +61.7% | $220.82/hr |
| Radiologist in IN | $430,640 | +51.6% | $207.04/hr |
| Anesthesiologist in IN | $394,060 | +38.7% | $189.45/hr |
| Obstetrician and Gynecologist in IN | $351,990 | +23.9% | $169.23/hr |
| Emergency Medicine Physician in IN | $347,060 | +22.2% | $166.86/hr |
| Internal Medicine Physician in IN | $314,390 | +10.7% | $151.15/hr |
| Family Medicine Physician in IN | $261,940 | -7.8% | $125.93/hr |
| Pediatrician in IN | $177,300 | -37.6% | $85.24/hr |
| Dentist in IN | $166,650 | -41.3% | $80.12/hr |
| Pharmacist in IN | $144,290 | -49.2% | $69.37/hr |
| Optometrist in IN | $135,500 | -52.3% | $65.14/hr |
Frequently Asked Questions
How much do psychiatrists make in Indiana?
- The median salary for psychiatrists in Indiana is $284,110 per year, or $137 per hour. This is 10.3% higher than the national average, making Indiana a competitive state for psychiatric professionals.
What is the salary range for psychiatrists in Indiana?
- Psychiatrist salaries in Indiana range from $161,820 at the lower end to $454,930 at the higher end. The wide range reflects differences in experience, specialization, and practice settings across the state.
How many psychiatrists are employed in Indiana?
- There are currently 410 psychiatrists employed in Indiana. This represents the total workforce of licensed psychiatric professionals actively practicing in the state.
Is Indiana a good state for psychiatrist salaries?
- Yes, Indiana offers above-average compensation for psychiatrists, with a median salary of $284,110 that exceeds the national average by 10.3%. This makes Indiana an attractive location for mental health professionals seeking competitive pay.