Psychiatrist salary in Indiana

Psychiatrists in Indiana earn a median of $284,110 a year ($136.59 an hour), based on BLS data for 410 workers.

Median salary
$284,110
Hourly
$136.59
Average
$297,220
Top 10% earn
$454,930
Workers
410

Pay ranges from $161,820 for the lowest-paid 10% to $454,930 for the top 10%. That is 1% higher than the national median of $281,870. Indiana ranks 20th of 46 states for psychiatrists pay. There are 0.13 psychiatrists per 1,000 jobs here — the job is less common than nationally (location quotient 0.72). The average (mean) salary is $297,220, above the median because a few high earners pull it up.

Pay range for psychiatrists in Indiana

$0$480,000
Pay levelYearlyHourly
10th percentile (entry level)$161,820$77.80
25th percentile$232,380$111.72
Median$284,110$136.59
75th percentile$357,000$171.63
90th percentile (top earners)$454,930$218.72
Average (mean)$297,220$142.90

Half of psychiatrists earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.

Median paycheck, before taxes

Pay periodAmount
Monthly$23,675.83
Semi-monthly (24 a year)$11,837.92
Biweekly (26 a year)$10,927.31
Weekly$5,463.65
Hourly$136.59

Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.

Psychiatrist salary in cities in Indiana

Highest-paying states for psychiatrists

StateMedian salary
California$353,500
Louisiana$345,040
Alaska$342,170
Minnesota$336,410
Wisconsin$331,070
Connecticut$326,670
Florida$316,200
Oregon$314,880
Missouri$312,680
Maryland$305,320

See Psychiatrist pay in every state.

Related jobs in Indiana

JobMedian salaryHourly
Registered Nurse$83,500$40.14
Nurse Practitioner$128,830$61.94
Physicians, All Other$366,190$176.06
Pharmacist$144,290$69.37
Physical Therapist$101,560$48.83
Dental Hygienist$92,330$44.39
Occupational Therapist$97,020$46.65
Speech-Language Pathologist$87,360$42.00
Respiratory Therapist$79,730$38.33
General Internal Medicine Physician$314,390$151.15
Dentists, General$166,650$80.12
Physician Assistant$132,050$63.49
Dietitians and Nutritionists$66,450$31.95
Veterinarian$124,530$59.87

More: Healthcare Practitioners and Technical Occupations · all salaries in Indiana

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 29-1223. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.

Frequently asked questions

How much does a psychiatrist make in Indiana?

The median salary for psychiatrists in Indiana is $284,110 a year, or $136.59 an hour. Pay ranges from $161,820 for the lowest-paid 10% to $454,930 for the top 10%.

How much do the highest-paid psychiatrists make in Indiana?

The top 10% of psychiatrists in Indiana earn at least $454,930 a year. The top 25% earn $357,000 or more.

What is the starting pay for psychiatrists in Indiana?

Entry-level pay (the 10th percentile) is about $161,820 a year, and a quarter of psychiatrists earn $232,380 or less.

How many psychiatrists work in Indiana?

About 410 psychiatrists are employed in Indiana, not counting the self-employed.