Physician Assistant Salary in Greenwood, IN: $133,501 (2026)
Quick Answer:A full-time physician assistant in Greenwood, IN earns a median $133,501/year (≈ $64.18/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1071). Once you factor in Greenwood's price level (9% below national, BEA RPP 91.3), that paycheck buys what $146,222 would nationally. Nominal pay sits 1.7% above the Indiana state average.
Based on BLS state-level estimates · View source
In Greenwood, Indiana, the annual compensation for physician assistants is quite competitive, with a projected median salary of $133,501 for 2026. This figure presents a slight decrease of 4.91% compared to the national median of $140,391. The salary range across the local market illustrates a considerable variance, starting at $99,032 for the bottom 10% and reaching up to $184,973 for the top 10%. These estimates, derived from 2025 BLS data and adjusted for regional cost of living, reflect the local dynamics influencing physician assistant pay in Greenwood, particularly as it compares to employment structures like W-2 positions in hospitals versus more entrepreneurial 1099 arrangements in surgical practices.
About the Greenwood Market
Salary estimated from Indiana average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $99,032 | $47.61 |
| Lower Range (P25) | $118,602 | $57.02 |
| Median (P50)(typical) | $133,501 | $64.18 |
| Upper Range (P75) | $163,435 | $78.57 |
| Top Earners (P90) | $184,973 | $88.93 |
Median Salary Position
4.91% below the national average
2026 Salary Percentile Distribution in Greenwood
In Greenwood, IN, the physician assistant salary spread from the 10th to 90th percentile is $85,941 (2026 est.). At $133,501, the local median is 4.91% below the national median of $140,391.
Salary Calculator
At 40 hours/week in Greenwood: You'd be in the lower-middle range
How Greenwood Physician Assistant Pay Compares
Greenwood median: $133,501/year (2026)
| Compared To | Median Salary | Greenwood Pays |
|---|---|---|
| Indiana Average | $131,269 | +1.70% more |
| National Average | $140,391 | -4.91% less |
Physician Assistants in Greenwood, IN earn a median of $133,501 per year (2026 est.), which is 4.91% lower than the national median of $140,391 and 1.70% above the Indiana state average of $131,269.
Cost-of-Living Adjusted Salary
Greenwood has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Greenwood, IN has a cost-of-living index of 91.3 (below the national average of 100). A physician assistant earning $133,501 nominally has purchasing power equivalent to $146,222 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$106,750
2025 BLS Actual
$129,211
2026 Current Est.
$133,501
2019–2027 Growth
+29.2%
Salary Trajectory for Physician Assistants in Greenwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $106,750 | Actual |
| 2020 | $109,727 | Actual |
| 2021 | $115,565 | Actual |
| 2022 | $119,825 | Actual |
| 2023 | $123,639 | Actual |
| 2024 | $104,442 | Actual |
| 2025 | $129,211 | Actual |
| 2026(current) | $133,501 | Estimated |
| 2027 | $137,933 | Projected |
Based on 7 years of BLS OEWS data for the Greenwood metropolitan area, the median physician assistant salary grew 21.0% from $106,750 (2019) to $129,211 (2025). At a 3.32% compound annual growth rate, salaries are projected to reach $137,933 by 2027 — a total increase of $31,183 (29.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Greenwood metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.32% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $99,032 – $118,602 |
| 3-5 years (Mid Career) | $118,602 – $133,501 |
| 5+ years (Experienced) | $133,501 – $163,435 |
| 10+ years (Top Earner) | $163,435 – $184,973 |
PA salary ranges estimated from BLS percentile data. Individual physician assistant compensation varies by employer, certifications, and specialization.
Physician Assistant Job Market in Greenwood
The local job market for physician assistants in Greenwood comprises approximately 15 professionals, which offers a tight-knit community where job opportunities can be less abundant but more stable. With a cost-of-living index of 91.3, Greenwood presents a lower-than-average financial environment, which can enhance the purchasing power of salaries, albeit with compensation on the lower end of the spectrum for certain specialties. Surgical practices, especially those in orthopedics and cardiothoracic fields, tend to offer the highest remuneration through first-assist roles and additional bonuses tied to case volume and RVU productivity. To maximize earnings in Greenwood, physician assistants may find it advantageous to pursue positions that offer hospital employment benefits while also exploring opportunities that provide the flexibility and potentially higher pay of locum tenens work. Specializing in high-demand areas can further enhance earning potential, as can negotiating for competitive call coverage and additional incentives in their contracts.
More salary data for Greenwood, IN:
Frequently Asked Questions
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Written by Jessica Tran, MPAS, PA-C
Career Analyst
Jessica has 10 years of experience as a physician assistant. Her specialty is cardiology in an outpatient setting.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $129,211 for physician assistantsin the Greenwood metropolitan area. A 3.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Greenwood is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.32%, derived from historical BLS wage trends for physician assistants (SOC 29-1071).
Compiled and verified by Jessica Tran, MPAS, PA-C, a licensed physician assistant with 10+ years of clinical experience. · View source data at BLS.gov