Average Physician Assistants Salary in Indianapolis-Carmel-Greenwood, IN
Physician Assistants in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $137,520. This figure slightly surpasses the national average of $136,910, indicating a competitive compensation landscape for these vital healthcare professionals within the region. Local demand and the specific healthcare needs of the metropolitan area likely contribute to this favorable pay.
Executive Summary
- Average Salary: $137,520 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,610.
- Outlook: With a local workforce of 640 Physician Assistants and a Location Quotient of 0.58, the Indianapolis-Carmel-Greenwood area presents a moderately concentrated job market. While not exceeding the national average in terms of concentration, the presence of nearly 640 professionals suggests a stable and established demand for their services within the region's healthcare infrastructure.
Salary Overview
The average Physician Assistants in Indianapolis-Carmel-Greenwood, IN earns+0.4%above the national average.
$66.1
$2,645
$11,460
Physician Assistants Salary Trends (2020-2024)
While specific historical data for Physician Assistant salary growth in Indianapolis isn't provided, it's reasonable to assume a trend of steady salary increases over the past four years, mirroring national patterns. Factors such as inflation, evolving healthcare demands, and increased specialization likely contribute to a positive trajectory for compensation in this field.
Physician Assistants Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Salary progression for Physician Assistants in Indianapolis-Carmel-Greenwood typically scales significantly with experience. Entry-level PAs can expect compensation towards the lower percentiles, while seasoned professionals with specialized skills and extensive experience command salaries in the upper percentiles. These percentile gaps highlight the substantial career growth and earning potential available as one advances in the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $104,030 | $50 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $103,140 | $49.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $130,930 | $62.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $171,900 | $82.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $180,610 | $86.8 |
Detailed Physician Assistants Market Analysis
Relocation Context
Nominal Salary
$137,520
Gross Pay
Real Wage (Purchasing Power)
$137,520
Adjusted for COL (100)
The average annual salary of $137,520 in Indianapolis-Carmel-Greenwood aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Physician Assistant's salary in this metropolitan area is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
640
Total Jobs
0.587
Per 1K Jobs
0.58
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.58x the national average concentration of Physician Assistants jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.58 for Physician Assistants in Indianapolis-Carmel-Greenwood indicates that the concentration of these professionals is below the national average. This suggests that while there is a solid base of PAs, the market is not oversaturated, potentially offering good opportunities for those entering the field or seeking to transition into the area.
Nearby Job Markets
Nearby Cities for Physician Assistants
| City | Salary | Dist. |
|---|---|---|
| Northern Indiana nonmetropolitan area Physician Assistants Salary | $143,300↑ 4% | 8 mi |
| Southern Indiana nonmetropolitan area Physician Assistants Salary | $134,030↓ 3% | 8 mi |
| Central Indiana nonmetropolitan area Physician Assistants Salary | $139,430↑ 1% | 8 mi |
| Columbus, IN Physician Assistants Salary | $142,250↑ 3% | 41 mi |
| Bloomington, IN Physician Assistants Salary | $127,250↓ 7% | 47 mi |
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Physician Assistants make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Physician Assistants in Indianapolis-Carmel-Greenwood, IN is $137,520. This typically ranges from $104,030 for entry-level positions to $180,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 0.4% higher than the national median of $136,910.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Physician Assistants?
Yes, it offers competitive compensation.The average salary of $137,520 slightly exceeds the national average, and the cost of living is at the national average, making it a financially sound location for Physician Assistants.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Physician Assistants?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($143,300) and Southern Indiana nonmetropolitan area.
How does the Indianapolis PA salary compare to the national average?
The average annual salary for Physician Assistants in Indianapolis-Carmel-Greenwood is $137,520, which is slightly higher than the national average of $136,910.
What is the cost of living in Indianapolis-Carmel-Greenwood for PAs?
The cost of living index in Indianapolis-Carmel-Greenwood is 100, which is exactly the national average, meaning your salary has average purchasing power.
Is there high demand for Physician Assistants in Indianapolis?
With 0.587 jobs per 1,000 workers and a Location Quotient of 0.58, the demand is present and stable, though not exceeding the national concentration.
How many Physician Assistants work in the Indianapolis area?
There are approximately 640 Physician Assistants employed within the Indianapolis-Carmel-Greenwood metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.587 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physician Assistants • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN