Financial Manager Salary Information in Indiana

The average annual and hourly salaries for financial managers in the state of Indiana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial managers among Indiana cities 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$51,250
25th Percentile Wage
$66,380
50th Percentile Wage
$96,850
75th Percentile Wage
$136,820
90th Percentile Wage
$198,390

Table 1 shows the average annual salary for financial managers in Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $198,390. The median (50th percentile) annual salary is $96,850. The average annual salary for the bottom 10 percent is $51,250.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$24.64
25th Percentile Wage
$31.91
50th Percentile Wage
$46.56
75th Percentile Wage
$65.78
90th Percentile Wage
$95.38

Table 2 shows the average hourly salary for financial managers in Indiana in 5 percentile scales. The average hourly salary for the 90th percentile is $95.38. The median hourly salary is $46.56. The average hourly salary for the bottom 10 percent is $24.64.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201696,8502.93%2.98%
201594,010-0.09%-
201494,090-0.32%-
201394,3900.46%-
201293,960--

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

Table 3 shows the median annual salary of financial managers in some Indiana cities and metropolitan areas. We note that the median annual salary of financial managers in state of Indiana ranges from $58,420 to $128,420. The highest paying area for financial managers in Indiana is Columbus with a median annual salary of $128,420. The second highest paying city/area in Indiana State is Indianapolis-Carmel (mean annual salary $111,250). The lowest paying area is Kokomo with a median annual salary of $58,420.

Cities/Areas Median Annual Salary
Columbus
$128,420
Indianapolis-Carmel
$111,250
Bloomington
$98,450
Fort Wayne
$97,330
Elkhart-Goshen
$93,600
Lafayette
$89,810
Southern Indiana nonmetropolitan area
$86,680
Michigan City-La Porte
$82,550
Muncie
$79,870
Central Indiana nonmetropolitan area
$78,780
Gary
$76,130
Northern Indiana nonmetropolitan area
$73,820
Terre Haute
$69,930
Anderson
$64,390
Kokomo
$58,420


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Highest paying cities for financial managers

Highest paying industries for financial managers.