Therapy isn’t one-size-fits-all — and neither are therapist salaries. Many factors determine how much a therapist makes, including where they practice, how their practice is structured, and how much experience they have. One of the most influential factors, though, is license type.
In general, psychiatrists and psychologists make more than master’s-level providers, including counselors, social workers, and marriage and family therapists.
That’s true for a few reasons. Psychiatrists and psychologists tend to earn higher reimbursement rates from insurance payers. (They can likely also set higher private-pay rates, if that’s part of their practice.) Their advanced training also means they have a wider scope of practice, enabling them to offer services that other therapists can’t.
To see how salaries break down by license type, consult these salary ranges for Indiana providers. Data from the Bureau of Labor Statistics are current as of September 2026.
- Substance abuse, behavioral disorder, and mental health counselors: $37,580–$83,200
- Mental health social worker: $36,290–$77,780
- Licensed marriage and family therapist (LMFT): $46,730–$82,430
- Clinical psychologist: $56,200–$129,110
- Psychiatrist: $161,820–$454,930
How much do therapists make per hour in Indiana?
As a mental health provider, you may not be accustomed to thinking about your earnings in terms of hourly wages. The average therapist’s day includes a mix of billable and unbillable work, which makes it hard to calculate a true hourly rate. But it can be a helpful data point to keep in mind, particularly if you’re deciding how many hours per week you want to work.
On average, master’s-level therapists in Indiana make between $26 and $30 per hour. Prescribers tend to make considerably more. The average hourly wage for Indiana psychiatrists is $142.