How much does a psychiatrist make in Indianapolis?
$282,600a year
Median yearly pay for psychiatrists in the Indianapolis-Carmel-Greenwood, IN metro area. That is $135.87 an hour or $23,550 a month.
- Hourly
- $135.87
- Vs. national median
- +0%
- Rank among cities
- 49 of 103
- Jobs in the area
- 250
Pay range
Lowest 10%: $194,800Median: $282,600Highest 10%: $454,900
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $194,800 | $93.67 | |
| 25th | $232,400 | $111.72 | |
| Median | $282,600 | $135.87 | |
| 75th | $446,900 | $214.84 | |
| 90th | $454,900 | $218.72 |
Other cities in Indiana
Median yearly pay for psychiatrists.
| Cincinnati, OH | $261,700 |
| Chicago, IL | $258,800 |
| Louisville, KY | $237,800 |
Related jobs in Indianapolis
Same field, median yearly pay.
| Cardiologist | $511,400 |
| Surgeon | $459,300 |
| Anesthesiologist | $374,700 |
| Neurologist | $365,500 |
| Physician | $364,000 |
| Obstetrician and Gynecologist | $346,900 |
| Physician | $342,100 |
| General Internal Medicine Physician | $289,500 |
| Family Medicine Physician | $287,100 |
| Emergency Medicine Physician | $284,900 |
Frequently asked questions
How much does a psychiatrist make an hour in Indianapolis?
The median hourly pay in the Indianapolis-Carmel-Greenwood, IN metro area is $135.87 ($282,600 a year).
Do psychiatrists make more in Indianapolis than the national average?
Yes: $282,600 against $281,900 nationally, 0% more.
How does Indianapolis compare with the rest of Indiana?
The median in Indiana is $284,100, so Indianapolis pays 1% less.
Where does Indianapolis rank for psychiatrist pay?
49 of 103 metro areas with data.
How much does a psychiatrist make starting out in Indianapolis?
The lowest-paid 10% make $194,800 or less a year; the top 10% make $454,900 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.