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As of August 01, 2026, the average salary for a Neonatologist in Indiana is $278,100 per year, which breaks down to an hourly rate of $134.
However, a Neonatologist's salary can vary significantly. Here’s a look at the typical salary range:
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Neonatologist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $306,800 | $25,567 | $5,900 | $148 |
| Average | $278,100 | $23,175 | $5,348 | $134 |
| 25th Percentile | $261,700 | $21,808 | $5,033 | $126 |
Ascension - Indianapolis, IN
Pediatrix Medical Group - Fort Wayne, IN
The Resource Group - Carmel, IN
Ascension - Evansville, IN
A Neonatologist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Neonatologist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Neonatologist | $271,507 |
| Intermediate Level Neonatologist | $272,725 |
| Senior Level Neonatologist | $278,943 |
| Specialist Level Neonatologist | $290,977 |
| Expert Level Neonatologist | $293,126 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Neonatologists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Neonatologist salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $294,986. While startup companies pay approximate $251,371.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $251,371 |
| Growth Stage | 51~500 | $265,355 |
| Established | 501~5000 | $285,341 |
| Enterprise | 5000+ | $294,986 |
For Neonatologist roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 20% above the average. Conversely, Neonatologist positions in Healthcare typically offer lower base pay, as this sector often view Neonatologist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $333,720 | $160.0 | 20% |
Understanding how a Neonatologist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $306,800 | $25,567 | $5,900 | $148 |
| Average | $278,100 | $23,175 | $5,348 | $134 |
| 25th Percentile | $261,700 | $21,808 | $5,033 | $126 |
Ready to take the next step in your career? Browse thousands of current Neonatologist job openings on our job board. Use the search bar below to find your perfect match.
Pediatrix Medical Group
Marion, IN
Pediatrix Medical Group | Marion, IN
Per Diem Neonatologist Needed In Marion, IN. Per Diem Neonatologist needed in Marion, IN. Responsibilities. Level 2 NICU with NBN. Rounding with 24hr call ... more
2 Days Ago
Onsite Medical Providers PC
Terre Haute, IN
Onsite Medical Providers PC | Terre Haute, IN
Job Description. Job Description. Neonatologist. Employer. Onsite Neonatal Partners. Job Type. Per Diem. Job Location. Union Hospital. Start Date. Flexible... more
3 Days Ago
CompHealth
Indianapolis, IN
CompHealth | Indianapolis, IN
When it comes to finding the perfect locums assignment, sometimes it's all about who you know. CompHealth has been around for a long time and have a vast n... more
5 Days Ago
MPLT Healthcare
Crown Point, IN
MPLT Healthcare | Crown Point, IN
Position: Neonatologist. Location: Crown Point, IN. MPLT Healthcare is looking for physicians who Understand the Urgency, Never Give Up, and Have the Coura... more
2 Days Ago
The Curare Group
South Bend, IN
The Curare Group | South Bend, IN
Neonatologist opportunity just outside the Chicago metro area. Single specialty group is seeking a Board Eligible/Board Certified provider to join their te... more
5 Days Ago
Irondale Post Acute
DENVER, CO
Irondale Post Acute | DENVER, CO
OCCUPATIONAL THERAPIST – FULL TIME – IRONDALE POST ACUTE – COMMERCE CITY, CO. EXPECT TO RECEIVE. Recognition, appreciation, and value from an organization ... more
9 Days Ago
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