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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 statistics of financial managers in Indianapolis-Carmel is 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 & Table 2. Annual & Hourly Salaries of Financial Managers in Indianapolis-Carmel, Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$58,950
25th Percentile Wage
$80,230
50th Percentile Wage
$111,250
75th Percentile Wage
$153,530
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 $111,250. The average annual salary for the bottom 10 percent earners is $58,950.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$28.34
25th Percentile Wage
$38.57
50th Percentile Wage
$53.49
75th Percentile Wage
$73.81
90th Percentile Wage
$88.63

Table 2 shows the average hourly salary for financial managers in Indianapolis-Carmel, Indiana. The average hourly salary for the 90th percentile is $88.63. The median hourly salary is $53.49. The average hourly salary for the bottom 10 percent is $28.34.

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
2016111,2505.87%4.55%
2015104,720-0.10%-
2014104,820-1.93%-
2013106,8400.61%-
2012106,190--

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 $111,250, 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 $128,420). Compared with Columbus, the median annual salary of financial managers in Indianapolis-Carmel is 13.4 percent (13.4%) lower.

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

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