Physician Assistant Salary in New Albany, IN: $126,703 (2026)
Quick Answer:A full-time physician assistant in New Albany, IN earns a median $126,703/year (≈ $60.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1071). Once you factor in New Albany's price level (9% below national, BEA RPP 91.3), that paycheck buys what $138,777 would nationally. Nominal pay sits 3.5% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, the physician assistant salary in New Albany is projected to reach a median of $126,703. This figure reflects the local job market for physician assistants, particularly in surgical specialties which often command higher pay versus primary care practices. The salary range for this profession in New Albany spans from $95,877 at the 10th percentile to $174,201 at the 90th percentile, illustrating significant variation based on experience and specialty. These estimates, derived from BLS state-level data and regional price adjustments, position the local physician assistant pay slightly below the national median of $140,391 for the same year, indicating a competitive yet nuanced market in the region.
About the New Albany Market
Salary estimated from Indiana average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $95,877 | $46.09 |
| Lower Range (P25) | $113,932 | $54.77 |
| Median (P50)(typical) | $126,703 | $60.92 |
| Upper Range (P75) | $152,422 | $73.28 |
| Top Earners (P90) | $174,201 | $83.75 |
Median Salary Position
9.75% below the national average
2026 Salary Percentile Distribution in New Albany
In New Albany, IN, the physician assistant salary spread from the 10th to 90th percentile is $78,324 (2026 est.). At $126,703, the local median is 9.75% below the national median of $140,391.
Salary Calculator
At 40 hours/week in New Albany: You'd be in the lower-middle range
How New Albany Physician Assistant Pay Compares
New Albany median: $126,703/year (2026)
| Compared To | Median Salary | New Albany Pays |
|---|---|---|
| Indiana Average | $131,299 | -3.50% less |
| National Average | $140,391 | -9.75% less |
Physician Assistants in New Albany, IN earn a median of $126,703 per year (2026 est.), which is 9.75% lower than the national median of $140,391 and 3.50% below the Indiana state average of $131,299.
Cost-of-Living Adjusted Salary
New Albany 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.
New Albany, IN has a cost-of-living index of 91.3 (below the national average of 100). A physician assistant earning $126,703 nominally has purchasing power equivalent to $138,777 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$101,315
2025 BLS Actual
$122,632
2026 Current Est.
$126,703
2019–2027 Growth
+29.2%
Salary Trajectory for Physician Assistants in New Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $101,315 | Actual |
| 2020 | $104,140 | Actual |
| 2021 | $109,681 | Actual |
| 2022 | $113,724 | Actual |
| 2023 | $117,343 | Actual |
| 2024 | $103,996 | Actual |
| 2025 | $122,632 | Actual |
| 2026(current) | $126,703 | Estimated |
| 2027 | $130,910 | Projected |
Based on 7 years of BLS OEWS data for the New Albany metropolitan area, the median physician assistant salary grew 21.0% from $101,315 (2019) to $122,632 (2025). At a 3.32% compound annual growth rate, salaries are projected to reach $130,910 by 2027 — a total increase of $29,595 (29.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New Albany 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) | $95,877 – $113,932 |
| 3-5 years (Mid Career) | $113,932 – $126,703 |
| 5+ years (Experienced) | $126,703 – $152,422 |
| 10+ years (Top Earner) | $152,422 – $174,201 |
PA salary ranges estimated from BLS percentile data. Individual physician assistant compensation varies by employer, certifications, and specialization.
Physician Assistant Job Market in New Albany
Currently, New Albany employs nine physician assistants, illustrating a niche market with specific demands. With a cost-of-living index of 91.3, the purchasing power for residents is notably below the national average, adding depth to the compensation discussion. Surgical specialty practices like orthopedics and cardiothoracic, paired with emergency departments, typically offer the highest salaries in the area, driven by case volume and productivity bonuses. Conversely, primary care offices and urgent care centers may provide lower wages. To maximize earnings, physician assistants in New Albany should seek employment in higher-paying specialties and consider hospital systems offering W-2 positions, as these often include benefits and incentives that enhance overall pay. Understanding the dynamics of practice settings and striving for surgical roles can help PAs effectively negotiate their salaries in this market.
More salary data for New Albany, 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 $122,632 for physician assistantsin the New Albany 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 New Albany 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