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Physician Assistant Salary in Indianapolis, IN — 2026

Physician Assistant salary data for Indianapolis, IN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Physician Assistant salary in Indianapolis, IN is $111,930 per year ($9,328/month, $54/hr). This reflects the local cost of living index of 91, which is 9% below the national average.

Also known as: PA, Physician Associate, Medical Assistant. Salary data on this page applies to all of these job titles in Indianapolis, IN.

Entry Level
$84K
$40/hr
Median
$112K
$54/hr
Senior
$143K
$69/hr
Top Earner
$170K
$82/hr

Physician Assistant Take-Home Pay in Indianapolis

Tax Breakdown (Median Salary)

Gross Annual$111,930
Federal Tax-$15,795
State Tax (3.0%)-$3,302
FICA (SS + Medicare)-$8,563
Annual Take-Home$84,271
Monthly Take-Home$7,023

Living Cost Comparison

Median Rent$1,100/mo
Rent-to-Income Ratio11.8%
Median Home Price$230,000
Cost of Living Index91
City Median Salary$58,000
Physician Assistant vs City Median+$53,930

Physician Assistant Requirements

Education
Master's Degree
Experience
0-2 years
Job Growth
28.0% (2024-2034)

Key Skills

Clinical ExaminationDiagnosisProcedure AssistanceEHRPatient Education

Physician Assistant salary search terms in Indianapolis

People comparing Physician Assistant pay in Indianapolis, IN may use related job-title wording. Salario keeps the main estimate tied to the Physician Assistant role, then treats the terms below as comparison phrases that should be checked for licensing, employer type, seniority, and role scope.

PAPhysician AssociateMedical Assistant
Comparison pointHow to use it
Primary local answer$111,930 median salary, $83,720-$142,870 modeled range, and $84,271 estimated take-home pay in Indianapolis.
Title variantsPA, Physician Associate, Medical Assistant can point to similar searches, but some variants may represent a narrower specialty or a higher/lower seniority band.
Offer comparisonCompare base salary, hourly equivalent, take-home pay, certifications, local cost of living, and whether the job is employee, contractor, public-sector, commission-heavy, or management-level.

Indianapolis Job Market Overview

Indianapolis, Indiana has a population of 887,642 and an unemployment rate of 3.2%. The top industries are Healthcare, Logistics, Finance. The local job growth rate is 1.8%, and the average commute time is 25 minutes.

Physician Assistant Salary in Nearby Indiana Cities

Salary Percentile Breakdown — Physician Assistant in Indianapolis

Based on the cost-of-living-adjusted distribution for Physician Assistant in Indianapolis, IN, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$83,720$40/hrEntry-level, < 1 yr exp.
25th$97,825$47/hrJunior, 1-3 yrs exp.
50th (median)$111,930$54/hrMid-career, 0-2 years
75th$142,870$69/hrSenior, 5-10 yrs exp.
90th (top)$170,170$82/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Physician Assistant compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Indianapolis's Healthcare sector.

5-Year Salary Trajectory

Physician Assistant salaries in Indianapolis have grown approximately 15.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$97,330
Adjusted for Indianapolis COL
Today (2026)
$111,930
+15.0% vs 5y ago
Projected 2031
$128,719
If growth continues

Year-over-year, an average Physician Assistant can expect a 14.3% annual increase moving from entry to senior level over 4 years in Indianapolis. Negotiation, certifications (PANCE, NCCPA Certification), and changing employers strategically can accelerate this trajectory.

Indianapolis vs National Average

The national median Physician Assistant salary is $123,000. In Indianapolis, the cost-of-living-adjusted median of $111,930 is 9.0% below the national figure. This reflects Indianapolis's cost of living index of 91 (lower than the national average of 100).

For Physician Assistants, this means: rent typically consumes 15.7% of take-home pay (households spending >30% are considered affordable), and a median home in Indianapolis costs about 2.7× annual take-home. Homeownership is relatively attainable on this salary in Indianapolis.

Industry Context: Healthcare in Indianapolis

Indianapolis's economy is anchored by Healthcare, Logistics, Finance, with 887,642 residents and 3.2% unemployment as of 2026. Physician Assistants working in the Healthcare sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 1.8%, and Physician Assistant occupations specifically are projected to grow 28.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Physician Assistant salaries in Indianapolis, IN:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Indianapolis index of 91 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), IN state income tax of 3.0%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Physician Assistant salaries can vary significantly based on employer, sector (Healthcare vs others in Indianapolis), specific skill set (Clinical Examination, Diagnosis, Procedure Assistance), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Physician Assistant salary in Indianapolis, IN?
The median Physician Assistant salary in Indianapolis, IN is $111,930 per year as of 2026. This is adjusted for the local cost of living index of 91. Entry-level Physician Assistants earn around $83,720, while senior-level professionals can earn $142,870 or more.
How much does a Physician Assistant take home in Indianapolis after taxes?
A Physician Assistant earning the median salary of $111,930 in Indianapolis, IN takes home approximately $84,271 per year ($7,023/month) after federal, state, and local taxes. The effective tax rate is 24.7%.
Is Indianapolis a good city for Physician Assistants?
Indianapolis, IN has a cost of living index of 91 (below national average). Physician Assistants here earn above the city median. The local unemployment rate is 3.2% and top industries include Healthcare, Logistics, Finance.
What skills are needed for a Physician Assistant in Indianapolis?
Key skills for Physician Assistants include Clinical Examination, Diagnosis, Procedure Assistance, EHR, Patient Education. Typical education requirement is Master's Degree. Valuable certifications include PANCE, NCCPA Certification.
How does Physician Assistant salary in Indianapolis compare to the national average?
The national median Physician Assistant salary is $123,000. In Indianapolis, the adjusted salary is $111,930, which is 9.0% lower than the national average, reflecting the local cost of living.
What job titles are similar to Physician Assistant in Indianapolis?
Related search terms for Physician Assistant in Indianapolis, IN include PA, Physician Associate, Medical Assistant. Use them as comparison terms, not always exact matches: licensing, employer type, seniority, public-sector rules, and whether the role is W-2, contractor, clinical, technical, management, or sales-focused can change the salary range.

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Frequently Asked Questions

What is the average Physician Assistant salary in Indianapolis, IN?

The median Physician Assistant salary in Indianapolis, IN is $111,930 per year as of 2026. This is adjusted for the local cost of living index of 91. Entry-level Physician Assistants earn around $83,720, while senior-level professionals can earn $142,870 or more.

How much does a Physician Assistant take home in Indianapolis after taxes?

A Physician Assistant earning the median salary of $111,930 in Indianapolis, IN takes home approximately $84,271 per year ($7,023/month) after federal, state, and local taxes. The effective tax rate is 24.7%.

Is Indianapolis a good city for Physician Assistants?

Indianapolis, IN has a cost of living index of 91 (below national average). Physician Assistants here earn above the city median. The local unemployment rate is 3.2% and top industries include Healthcare, Logistics, Finance.

What skills are needed for a Physician Assistant in Indianapolis?

Key skills for Physician Assistants include Clinical Examination, Diagnosis, Procedure Assistance, EHR, Patient Education. Typical education requirement is Master's Degree. Valuable certifications include PANCE, NCCPA Certification.

How does Physician Assistant salary in Indianapolis compare to the national average?

The national median Physician Assistant salary is $123,000. In Indianapolis, the adjusted salary is $111,930, which is 9.0% lower than the national average, reflecting the local cost of living.

What job titles are similar to Physician Assistant in Indianapolis?

Related search terms for Physician Assistant in Indianapolis, IN include PA, Physician Associate, Medical Assistant. Use them as comparison terms, not always exact matches: licensing, employer type, seniority, public-sector rules, and whether the role is W-2, contractor, clinical, technical, management, or sales-focused can change the salary range.