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 amongst Indiana metropolitan 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 Managers in Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$53,880
25th Percentile Wage
$71,700
50th Percentile Wage
$102,890
75th Percentile Wage
$142,390
90th Percentile Wage
$200,930

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 $200,930. The median (50th percentile) annual salary is $102,890. The average annual salary for the bottom 10 percent is $53,880.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$102,890
5.87% 8.68%
2016
$96,850
2.93% -
2015
$94,010
-0.09% -
2014
$94,090
-0.32% -
2013
$94,390
0.46% -
2012
$93,960
- -

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 $57,870 to $135,650. The highest paying area for financial managers in Indiana is Columbus with a median annual salary of $135,650. The second highest paying city/area in Indiana State is Indianapolis-Carmel (mean annual salary $118,800). The lowest paying area is Kokomo with a median annual salary of $57,870.

Cities/Areas Median Annual Salary
Columbus
$135,650
Indianapolis-Carmel
$118,800
Elkhart-Goshen
$99,060
Fort Wayne
$95,350
Southern Indiana nonmetropolitan area
$94,400
Gary
$92,500
Bloomington
$89,870
Lafayette
$89,810
Michigan City-La Porte
$87,900
Central Indiana nonmetropolitan area
$86,640
Northern Indiana nonmetropolitan area
$83,120
Terre Haute
$76,690
Muncie
$72,880
Anderson
$64,390
Kokomo
$57,870




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