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Average Physicians, Pathologists Salary in Indiana

Physicians, Pathologists in Indiana command an impressive average annual salary of $312,000, significantly outpacing the national average of $270,220. This elevated compensation is likely driven by a combination of specialized demand within the state and the unique economic landscape of Indiana, which may necessitate higher pay to attract and retain top-tier medical talent.

Executive Summary

  • Average Salary: $312,000 per year.
  • Growth Trend: Salaries have shifted 8.6% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $468,000.
  • Outlook: With a local workforce of 380 Physicians, Pathologists, Indiana presents a concentrated market for this specialty. The Location Quotient of 1.56 indicates a higher concentration of these professionals compared to the national average, suggesting robust demand and a potentially stable job market for skilled individuals in this field.
2024 Market Data

Salary Overview

$312,000

The average Physicians, Pathologists in Indiana earns+15.5%above the national average.

BreakdownBased on 40h/week
Hourly

$150

Weekly

$6,000

Monthly

$26,000

Physicians, Pathologists Salary Distribution in Indiana

Career progression for Physicians, Pathologists in Indiana is typically marked by significant salary increases. Entry-level positions might start lower, but with accumulated experience and specialization, professionals can expect their earnings to climb substantially. The gap between entry-level and senior-level salaries, often reflected in percentile data, clearly signifies the substantial rewards for dedication and expertise in this demanding field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$176,480$84.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$234,000$112.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$312,000$150
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$390,000$187.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$468,000$225

Detailed Physicians, Pathologists Market Analysis

Relocation Context

Nominal Salary

$312,000

Gross Pay

Real Wage (Purchasing Power)

$346,667

Adjusted for COL (90)

The average annual salary of $312,000 in Indiana offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 90. This means that the nominal salary translates into a higher real income, as everyday expenses are approximately 10% lower than the national average, making Indiana an economically attractive location for these medical professionals.

Job Market Context

380

Total Jobs

0.12

Per 1K Jobs

1.56

Location Quotient

Major Hub

Indiana has 1.6x the national concentration of Physicians, Pathologists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Indiana's Location Quotient of 1.56 for Physicians, Pathologists signifies a market where this specialty is more concentrated than the national average. This suggests a strong presence and potentially higher demand relative to the general workforce, indicating a competitive yet opportunity-rich environment for professionals in this niche.

Nearby Job Markets

Nearby Cities for Physicians, Pathologists

CitySalaryDist.
Indianapolis-Carmel-Greenwood, IN Physicians, Pathologists Salary$314,500↑ 1%8 mi

Comparing salaries near Indiana

Hiring Physicians, Pathologistss?

Frequently Asked Questions

How much does a Physicians, Pathologists make in Indiana?

The median annual salary for a Physicians, Pathologists in Indiana is $312,000. This typically ranges from $176,480 for entry-level positions to $468,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 15.5% higher than the national median of $270,220.

Is Indiana a lucrative place for Physicians, Pathologists?

Yes, Indiana offers a lucrative environment for Physicians, Pathologists.The state boasts an average salary significantly above the national average, coupled with a cost of living that is below the national average, enhancing overall financial well-being.

Is Indiana a good place to live for Physicians, Pathologists?

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 ($314,500) and others.

How does Indiana's pathologist salary compare nationally?

Physicians, Pathologists in Indiana earn an average of $312,000 annually, which is substantially higher than the national average of $270,220.

What is the concentration of pathologists in Indiana?

Indiana has a higher concentration of Physicians, Pathologists than the national average, indicated by a Location Quotient of 1.56.

Is the cost of living high in Indiana for pathologists?

No, the cost of living in Indiana is below the national average, with an index of 90, making the $312,000 salary more valuable.

How many pathologists are there in Indiana?

There are approximately 380 Physicians, Pathologists working within Indiana.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Indiana area with a job density of 0.12 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicians, Pathologists • Data source: BLS OEWS 2024 •Jobs in Indiana