Average Physician Salary in Indiana
Physicians in Indiana earn an average of $219,762 per year across 1 metro area. This is +8.1% lower than the national average.
Average Salary
$219,762
per year
Hourly Rate
$105.65
per hour
vs National
-8.1%
$239,200 national
Salary Range
$146,607
to $310,410
About Physician Careers in Indiana
Physicians diagnose and treat illnesses, injuries, and other health conditions. They are the highest-paid professionals in the healthcare system, combining years of intensive medical training with clinical judgment that directly impacts patient outcomes. The field spans two main pathways — primary care (family medicine, internal medicine, pediatrics) and specialty medicine — with specialists earning substantially more. The national median annual salary exceeds $239,000, but top earners in procedural specialties such as orthopedic surgery, cardiovascular surgery, and neurosurgery regularly surpass $600,000.
In Indiana, physicians earn an average of $219,762 per year as of 2026, with salaries ranging from $146,607 for entry-level roles to $310,410 for the most experienced professionals — +8.1% below the national average. Pay is influenced most by specialty — surgical subspecialties earn 2–3× more than primary care, practice setting — private practice ownership often maximizes income vs. employed positions, and the specific metro area within Indiana.
Cost of Living Adjusted Salary
Nominal Salary
$219,762
Cost of Living Index
90
100 = national average
Adjusted Salary
$244,180
purchasing power equivalent
After adjusting for Indiana's cost of living (below average), a Physician's salary of $219,762 has the purchasing power of $244,180 in an average-cost area.
Physician Salary by City in Indiana
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Indianapolis, IN | $219,762 | $105.65/hr | $146,607 | $310,410 | 275 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Indiana vs National Average
Physician Salary Comparison
Employment in Indiana
There are approximately 275 Physicians employed across 1 metro area in Indiana.
Key Industries: Manufacturing, Agriculture, Pharmaceuticals
State Income Tax: 3.05% flat rate
Physician Salary Range in Indiana
Entry Level (10th Percentile)
$146,607
Starting salary for new Physicians
Median (50th Percentile)
$219,762
Mid-career Physician salary
Senior (90th Percentile)
$310,410
Top earners in the field
Related Occupations in Indiana
Physician Salary in Neighboring States
Compare Physician salaries in Indiana with nearby states to find the best opportunities.
More Indiana Data
Frequently Asked Questions
What is the average Physician salary in Indiana?
The average Physician salary in Indiana is $219,762 per year ($105.65/hour) based on 2026 data across 1 metro areas. This is 8.1% below the national average of $239,200.
What is the highest paying city for Physicians in Indiana?
Indianapolis, IN is the highest paying city for Physicians in Indiana, with a median salary of $219,762 per year.
What is the salary range for Physicians in Indiana?
Physician salaries in Indiana range from $146,607 (entry-level, 10th percentile) to $310,410 (experienced, 90th percentile). The median salary is $219,762 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Indiana. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.