Family Medicine Physicians Salary
Family Medicine Physicians in Indiana make a median of $261,940 a year, or about $125.94 an hour. The range runs from $112K at the entry level to $468K for experienced workers. Cost of living is below average (RPP 91.81), which stretches that salary to about $285,307 in buying power. Rent on a 2-bedroom averages $1,144/month, or 7.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
So what does $262K get you in Indiana?
About family medicine physicians
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What this looks like in Indiana
Family medicine physicians pay in Indiana tracks closely to the national median, $262K locally vs. $244K nationwide, a 7% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,144/month, 7.5% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.81 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level family medicine physicians (10th percentile) start around $112K. Mid-career wages sit at $262K. Top earners bring in $468K or more, a $357K spread from bottom to top.
Family Medicine Physicians salary by metro in Indiana
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Indianapolis-Carmel-Greenwood | $287K | +10% | 690 |
| Fort Wayne | $226K | -14% | 70 |
| South Bend-Mishawaka | $219K | -16% | 50 |
Compare to other states
Track family medicine physicians salary changes
BLS updates this data quarterly. We'll email you when Indiana numbers change.
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Frequently asked questions
Can a family medicine physician afford a 2BR apartment alone in Indiana?
Yes — at the median salary of $262K, rent takes 7.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for family medicine physicians in Indiana?
The 10th-percentile wage — what new family medicine physicians typically earn — is $112K/year. Take-home on that works out to about $6,712/month. At HUD’s $1,144/month FMR, rent would take 17% of that take-home — manageable on an entry-level income.
Is family medicine physician a high-paying job in Indiana?
Pay here is roughly in line with the national average — $262K locally vs. $244K nationally, a 7% difference.
How does Indiana compare to the national average for family medicine physicians?
Indiana pays $262K median vs. the U.S. average of $244K — that’s +7%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $285K — still ahead of the national median.
How much do family medicine physicians make in Indiana?
The median is $261,940 a year, that works out to about $126 an hour. But the range is wide: entry-level workers start around $111,860, and experienced family medicine physicians can clear $468,430. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $262K enough to live in Indiana?
On that salary, you'd take home roughly $15,216/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 7.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a family medicine physicians salary go in Indiana?
Indiana has a Regional Price Parity of 91.81 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median family medicine physicians salary is worth about $285,307 in national-average purchasing power.
Where do family medicine physicians get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.