Financial Analyst Salary Information in Indiana

The average annual and hourly salaries for financial analysts in the state of Indiana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial analysts among Indiana areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Analysts in Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$45,380
25th Percentile Wage
$55,200
50th Percentile Wage
$68,710
75th Percentile Wage
$84,840
90th Percentile Wage
$113,000

Table 1 shows the average annual salary for financial analysts in Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $113,000. The median (50th percentile) annual salary is $68,710. The average annual salary for the bottom 10 percent is $45,380.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial analysts from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$68,710
-0.96% 6.26%
2016
$69,370
4.41% -
2015
$66,310
3.59% -
2014
$63,930
-1.36% -
2013
$64,800
0.60% -
2012
$64,410
- -

Table 3. Median Annual Salary of Financial Analysts in Indiana Cities

Table 3 shows the median annual salary of financial analysts in some Indiana cities and metropolitan areas. We note that the median annual salary of financial analysts in state of Indiana ranges from $55,680 to $82,420. The highest paying area for financial analysts in Indiana is Northern Indiana nonmetropolitan area with a median annual salary of $82,420. The second highest paying city/area in Indiana State is Elkhart-Goshen (mean annual salary $75,650). The lowest paying area is Muncie with a median annual salary of $55,680.

Cities/Areas Median Annual Salary
Northern Indiana nonmetropolitan area
$82,420
Elkhart-Goshen
$75,650
Kokomo
$75,030
Gary
$72,390
Indianapolis-Carmel
$71,200
Bloomington
$69,130
Columbus
$67,920
Lafayette
$67,440
Southern Indiana nonmetropolitan area
$62,490
Fort Wayne
$60,900
Terre Haute
$57,140
Central Indiana nonmetropolitan area
$56,690
Muncie
$55,680




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