Last updated: 2025 BLS data · Page refreshed:
How much does a Family Medicine Physicians actually take home in Indiana?
3.0% flat rate — 30.4% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Family Medicine Physicians earning $261,940 in Indiana (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $261,940 | — |
| Federal Income Tax | -$56,943 | 21.7% |
| Indiana State Income Tax | -$7,989 | 3.0% |
| Social Security (OASDI) | -$10,453 | 4.0% |
| Medicare | -$4,355 | 1.7% |
| Total Taxes | -$79,741 | 30.4% |
| Take-Home Pay | $182,198 | 69.6% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Family Medicine Physicians in Indiana.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $111,860 | -$28,419 | $83,440 | 25.4% |
| 25th Percentile (P25) | $209,490 | -$60,016 | $149,473 | 28.6% |
| Median (P50) | $261,940 | -$79,741 | $182,198 | 30.4% |
| 75th Percentile (P75) | $386,330 | -$129,995 | $256,334 | 33.6% |
| 90th Percentile (P90) | $468,430 | -$163,163 | $305,266 | 34.8% |
A Family Medicine Physicians in Indiana faces a combined 30.4% effective tax rate, taking home $182,198 out of $261,940. The 3.0% flat rate adds $7,989 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $190,187 — a difference of $7,989/year.
A Family Medicine Physicians in Indiana loses 30.4% of gross pay to taxes — higher than the ~25% national midpoint. Of the $261,940 gross, $182,198 lands in the paycheck after federal ($56,944), state ($7,989), and FICA ($14,809) withholding.
Indiana applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Family Medicine Physicians salary that contributes $7,989 to the 3.0% effective state-tax burden.
Federal income tax ($56,944) accounts for 71% of the total tax bill — the single largest deduction. FICA adds $14,809 (19%), and state tax the remaining $7,989 (10%).
The state-tax gap is substantial: a Family Medicine Physicians earning this gross in a no-income-tax state would net about $190,187 — an extra $7,989 (4.4%) annually compared with Indiana.
Indiana ranks #20 of 51 states for Family Medicine Physicians after-tax pay — comfortably in the upper half.
Translated into paycheck cadences, $182,198 net/year works out to $15,183/month or $7,008/bi-weekly for this Family Medicine Physicians in Indiana — the numbers that actually hit a checking account after every deduction.
Where does a Family Medicine Physicians keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Indiana ranks #20 out of 51 states for Family Medicine Physicians after-tax take-home pay.
A Family Medicine Physicians in Indiana earning a median salary of $261,940 will take home approximately $182,198 per year after federal income tax ($56,943), state income tax ($7,989), and FICA ($14,808). That is $15,183 per month or $7,007 per bi-weekly paycheck.
The effective total tax rate for a Family Medicine Physicians in Indiana is 30.4%, broken down as: federal income tax 21.7%, Indiana state tax 3.0%, and FICA (Social Security + Medicare) 5.7%. This assumes a single filer with the standard deduction for 2024.
Indiana has a 3.0% flat rate. On a Family Medicine Physicians's median salary of $261,940, the state income tax amounts to $7,989 per year, which is an effective state rate of 3.0%.
After all taxes, a Family Medicine Physicians in Indiana takes home approximately $15,183 per month, or about $87.60 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $261,940 for Family Medicine Physicians in Indiana, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Indiana state income tax (3.0% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $182,198/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR