Job Salary Guide · 2026
Psychiatrist Salary After Tax in Evansville
Based on BLS OEWS data · IN · Single filer
Psychiatrist Salary Range
25th Percentile
$180,000
Take-home:
$128,535
$10,711/mo
Entry to mid-level
Median
$226,000
Take-home:
$160,095
$13,341/mo
Typical salary
75th Percentile
$290,000
Take-home:
$199,425
$16,619/mo
Senior / specialist
Tax Breakdown
At median salary of $226,000
Cost of Living in Evansville
1BR Monthly Rent
$950/mo
2BR Monthly Rent
$1,200/mo
COL Index
0.85
Comfortable Rent Max
$3,335/mo
50 / 30 / 20 Budget Planner
Based on your monthly take-home of $13,341 ($160,092/yr)
$6,671
per month
- ›Rent / mortgage
- ›Groceries
- ›Utilities
- ›Insurance
- ›Minimum debt payments
- ›Transportation
$4,002
per month
- ›Dining out
- ›Streaming services
- ›Gym
- ›Hobbies
- ›Travel
- ›Shopping
$2,668
per month
- ›Emergency fund
- ›401(k) / IRA
- ›Investments
- ›Down payment fund
- ›Debt payoff (extra)
Needs / year
$80,046
Wants / year
$48,028
Savings / year
$32,018
Psychiatrist Salary in Other Cities
Frequently Asked Questions
What is the average Psychiatrist salary in Evansville?
The median Psychiatrist salary in Evansville (IN) is $226,000 per year based on BLS OEWS data. The 25th percentile is $180,000 and the 75th percentile is $290,000.
What is the take-home pay for a Psychiatrist in Evansville?
At the median salary of $226,000, a Psychiatrist in IN takes home approximately $160,095 per year ($13,341/month) after federal and state taxes. The effective tax rate is 29.16%.
Can a Psychiatrist afford rent in Evansville?
The average 1-bedroom rent in Evansville is $950/month. On the median Psychiatrist salary, your rent-to-income ratio is 7.1%, which is "Comfortable". Financial experts recommend keeping rent below 25–30% of take-home pay ($3,335/month at this salary).
How does cost of living affect Psychiatrist salaries in Evansville?
Evansville has a cost-of-living index of 0.85 (1.00 = national average). Evansville is 15% cheaper than the US average, so the Psychiatrist salary goes further here than in high-cost metros.