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Financial Manager Salary Information in Indianapolis-Carmel, Indiana

The annual and hourly salary statistics of financial managers in Indianapolis-Carmel, Indiana are shown in Table 1 and Table 2, respectively. The wage data of financial managers in Indianapolis-Carmel is 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 & Table 2. Annual & Hourly Salaries of Financial Managers in Indianapolis-Carmel, Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$66,960
25th Percentile Wage
$90,300
50th Percentile Wage
$118,800
75th Percentile Wage
$157,240
90th Percentile Wage
$184,350

Table 1 shows the average annual salary for financial managers in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $184,350. The median (50th percentile) annual salary is $118,800. The average annual salary for the bottom 10 percent earners is $66,960.

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
$118,800
6.36% 10.61%
2016
$111,250
5.87% -
2015
$104,720
-0.10% -
2014
$104,820
-1.93% -
2013
$106,840
0.61% -
2012
$106,190
- -

Table 3. Compare Financial Manager Salary in Indianapolis-Carmel with Other Indiana Cities

From Table 3 we note that with a median annual salary of $118,800, Indianapolis-Carmel is the second highest paying city for financial managers in state of Indiana, following the highest paying city Columbus (median annual salary of $135,650). Compared with Columbus, the median annual salary of financial managers in Indianapolis-Carmel is 12.4 percent (12.4%) lower.

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



See also: Top paying jobs in Indianapolis-Carmel, Indiana.