Optometrist Salary in Greenwood, IN: $138,722 (2026)
Quick Answer:A full-time optometrist in Greenwood, IN earns a median $138,722/year (≈ $66.70/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1041). Once you factor in Greenwood's price level (9% below national, BEA RPP 91.3), that paycheck buys what $151,941 would nationally. Nominal pay sits 0.1% below the Indiana state average.
Based on BLS state-level estimates · View source
Optometrists in Greenwood, Indiana, can expect a median annual salary of $138,722 in 2026, reflecting a competitive position when compared to the national average of $140,612. The local salary range is quite broad, with the lowest 10% earning around $80,459 and the highest 90% reaching up to $203,313. These figures are derived from BLS state-level data and adjusted for regional cost factors, providing a realistic snapshot of optometrist pay in Greenwood, IN. Notably, the revenue generated from OD/MD model surgical co-management practices can enhance earnings, pushing the compensation for skilled optometrists in the area, thus indicating a robust job market despite the slight dip below the national median.
About the Greenwood Market
Salary estimated from Indiana average ($130,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,459 | $38.68 |
| Lower Range (P25) | $111,171 | $53.45 |
| Median (P50)(typical) | $138,722 | $66.70 |
| Upper Range (P75) | $170,139 | $81.80 |
| Top Earners (P90) | $203,313 | $97.75 |
Median Salary Position
1.34% below the national average
2026 Salary Percentile Distribution in Greenwood
In Greenwood, IN, the optometrist salary spread from the 10th to 90th percentile is $122,854 (2026 est.). At $138,722, the local median is 1.34% below the national median of $140,612.
Salary Calculator
At 40 hours/week in Greenwood: You'd be in the lower-middle range
How Greenwood Optometrist Pay Compares
Greenwood median: $138,722/year (2026)
| Compared To | Median Salary | Greenwood Pays |
|---|---|---|
| Indiana Average | $138,861 | -0.10% less |
| National Average | $140,612 | -1.34% less |
Optometrists in Greenwood, IN earn a median of $138,722 per year (2026 est.), which is 1.34% lower than the national median of $140,612 and 0.10% below the Indiana state average of $138,861.
Cost-of-Living Adjusted Salary
Greenwood 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.
Greenwood, IN has a cost-of-living index of 91.3 (below the national average of 100). A optometrist earning $138,722 nominally has purchasing power equivalent to $151,941 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$113,701
2025 BLS Actual
$134,734
2026 Current Est.
$138,722
2019–2027 Growth
+25.6%
Salary Trajectory for Optometrists in Greenwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.96% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $113,701 | Actual |
| 2020 | $116,463 | Actual |
| 2021 | $122,629 | Actual |
| 2022 | $123,902 | Actual |
| 2023 | $130,087 | Actual |
| 2024 | $115,064 | Actual |
| 2025 | $134,734 | Actual |
| 2026(current) | $138,722 | Estimated |
| 2027 | $142,828 | Projected |
Based on 7 years of BLS OEWS data for the Greenwood metropolitan area, the median optometrist salary grew 18.5% from $113,701 (2019) to $134,734 (2025). At a 2.96% compound annual growth rate, salaries are projected to reach $142,828 by 2027 — a total increase of $29,127 (25.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Greenwood 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 2.96% 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) | $80,459 – $111,171 |
| 3-5 years (Mid Career) | $111,171 – $138,722 |
| 5+ years (Experienced) | $138,722 – $170,139 |
| 10+ years (Top Earner) | $170,139 – $203,313 |
OD salary ranges estimated from BLS percentile data. Individual optometrist compensation varies by employer, certifications, and specialization.
Optometrist Job Market in Greenwood
In terms of employment, Greenwood currently has 15 optometrists, indicating a stable but relatively small local job market. With a cost-of-living index at 91.3, the purchasing power for optometrists in this area is relatively more favorable compared to many other regions. Private practices, particularly those operating under the OD/MD model, tend to provide the highest pay, while retail optical chains may offer less due to their structured salary models. The significant gap in salaries often arises from varied practice environments, ownership stake, and specific training backgrounds, such as residency in ocular disease. To maximize earnings, optometrists should consider seeking roles in practices that offer revenue sharing from surgical management, and developing networks with ophthalmology providers could yield additional financial benefits in Greenwood.
More salary data for Greenwood, IN:
Frequently Asked Questions
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Written by Aisha Patel, OD
Career Analyst
Aisha Patel has 10 years of experience in optometry. She specializes in pediatric vision care. Aisha works in a private practice 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 $134,734 for optometristsin the Greenwood metropolitan area. A 2.96% 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 Greenwood 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 2.96%, derived from historical BLS wage trends for optometrists (SOC 29-1041).
Compiled and verified by Aisha Patel, OD, a licensed optometrist with 10+ years of clinical experience. · View source data at BLS.gov