In this paper, a free vibration analysis of moderately thick circular functionally graded (FG) plate integrated with two thin piezoelectric (PZT4) layers is presented based on Mindlin plate theory. The material properties of the FG core plate are assumed to be graded in the thickness direction, while the distribution of electric potential field along the thickness of piezoelectric layers is simulated by sinusoidal function. The differential equations of motion are solved analytically for two boundary conditions of the plate: clamped edge and simply supported edge. The analytical solution is validated by comparing the obtained resonant frequencies with those of an isotropic host plate. The emphasis is placed on investigating the effect of varying the gradient index of FG plate on the free vibration characteristics of the structure. Good agreement between the results of this paper and those of the finite element analyses validated the presented approach.