Physician salary in Indianapolis, IN

The average salary for a Physician is $193,517 per year in Indianapolis, IN. This figure is based on 30 salaries taken from job postings on Indeed in the past 36 months, last updated on August 28, 2026.

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Physician salaries in Indianapolis, IN typically range between a low of $108,681 and a high of $344,575 per year, depending on experience and the hiring company.

Some of the highest-paying cities for Physician in Indianapolis, IN include Hammond, IN at $330,419 per year, Evansville, IN at $281,122 per year, and South Bend, IN at $258,594 per year.

Based on recent job postings on Indeed, some of the top-paying companies for Physician in Indianapolis, IN include Aspen Medical ($443,220 per year) and US Department of Veterans Affairs ($387,500 per year).