Paycheck Atlas

Psychiatrists salary in Indianapolis, IN

The median psychiatrists in Indianapolis-Carmel-Greenwood, IN earns $282,600 a year, about the same as the US median. After tax that is roughly $16,316 a month.

10th percentile
$194,840
25th percentile
$232,380
Median percentile
$282,600
75th percentile
$446,860
90th percentile
$454,930

Based on 250 employed. Data period: BLS OEWS May 2025. Percentiles show the spread of pay, not experience; reading the 25th percentile as "entry level" is only an approximation.

What you keep

$195,798 take-home a year
Gross pay$282,600
Federal income tax−$62,044
Social Security + Medicare−$16,280
Indiana income tax (approx.)−$8,478
Monthly take-home$16,316
Every two weeks$7,531

Does it go far here?

$295,310Median pay in Indianapolis, IN is worth this at average US prices (local price level 95.7 vs 100).
7%of take-home pay goes to the median rent ($1,191 a month, Census ACS).

Top-paying jobs in Indianapolis, IN

JobMedian pay
Anesthesiologists$374,730
Physicians, All Other$364,040
General Internal Medicine Physicians$289,470
Family Medicine Physicians$287,130
Chief Executives$256,320
Pediatricians, General$170,020
Dentists, General$166,120
Architectural and Engineering Managers$159,640

All psychiatrists salaries · Take-home pay in Indiana