SalaryNode

Average Optometrists Salary in Indiana

Optometrists in Indiana earn an average annual salary of $133,060, which is slightly below the national average of $141,560. This difference can be attributed to a combination of factors, including the state's specific economic landscape and the cost of living, which influences overall compensation structures.

Executive Summary

  • Average Salary: $133,060 per year.
  • Growth Trend: Salaries have shifted 2.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $207,430.
  • Outlook: Indiana's optometry job market appears stable, with a total local workforce of 960 professionals. The concentration, indicated by a Location Quotient of 1.1, suggests that optometrists are slightly more prevalent in Indiana than the national average, hinting at a steady demand for their services within the state.
2024 Market Data

Salary Overview

$133,060

The average Optometrists in Indiana earns-6.0%below the national average.

BreakdownBased on 40h/week
Hourly

$64

Weekly

$2,559

Monthly

$11,088

Optometrists Salary Distribution in Indiana

Career progression for optometrists in Indiana typically correlates with experience. Entry-level positions might start at a lower percentile of the salary range, while senior optometrists with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,160$31.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$99,795$48
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$127,080$61.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$166,325$80
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$207,430$99.7

Detailed Optometrists Market Analysis

Relocation Context

Nominal Salary

$133,060

Gross Pay

Real Wage (Purchasing Power)

$147,844

Adjusted for COL (90)

The average annual salary of $133,060 in Indiana presents a favorable financial situation when considering the state's Cost of Living Index of 90. This index, being 10% lower than the national average, means that the nominal salary offers a greater purchasing power locally, effectively increasing the real value of an optometrist's earnings.

Job Market Context

960

Total Jobs

0.3

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Indiana has a slightly higher-than-average concentration of Optometrists roles compared to the national norm.

With a Location Quotient of 1.1, Indiana exhibits a slightly higher concentration of optometrists compared to the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is at least on par with, or slightly exceeds, the national ratio of optometrists to the general workforce.

Nearby Job Markets

Nearby Cities for Optometrists

Comparing salaries near Indiana

Hiring Optometristss?

Frequently Asked Questions

How much does a Optometrists make in Indiana?

The median annual salary for a Optometrists in Indiana is $133,060. This typically ranges from $66,160 for entry-level positions to $207,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 6.0% lower than the national median of $141,560.

Is Indiana a lucrative place for Optometrists?

Yes, Indiana offers a good financial standing for Optometrists.The average salary of $133,060, combined with a cost of living 10% below the national average, provides strong purchasing power for eye care professionals in the state.

Is Indiana a good place to live for Optometrists?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($133,160) and Lafayette-West Lafayette, IN.

How does Indiana's optometrist salary compare to the national average?

Optometrists in Indiana earn an average of $133,060 annually, which is approximately $8,500 less than the national average of $141,560.

What is the concentration of optometrists in Indiana?

Indiana has a Location Quotient of 1.1 for optometrists, indicating a slightly higher concentration of these professionals compared to the national average.

How does the cost of living affect an optometrist's salary in Indiana?

Indiana's cost of living is 10% lower than the national average (index of 90), meaning the $133,060 salary offers greater real value and purchasing power for optometrists residing there.

What is the total number of optometrists in Indiana?

There are approximately 960 optometrists employed within the state of Indiana.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Indiana area with a job density of 0.3 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.