The annual salary statistics of aerospace engineers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of aerospace engineers in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $52,060 |
| 25th Percentile Wage | $65,360 |
| 50th Percentile Wage | $78,820 |
| 75th Percentile Wage | $91,410 |
| 90th Percentile Wage | $117,950 |
Table 1 shows the average annual salary for aerospace engineers 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 $117,950. The median (50th percentile) annual salary is $78,820. The average annual salary for the bottom 10 percent earners is $52,060.
The table and chart below show the trend of the median salary of aerospace engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $78,820 | -23.71% | -9.93% |
| 2021 | $97,510 | 6.58% | - |
| 2020 | $91,090 | -8.40% | - |
| 2019 | $98,740 | 4.59% | - |
| 2018 | $94,210 | 12.26% | - |
| 2016 | $82,660 | 8.88% | - |
| 2015 | $75,320 | -11.22% | - |
| 2014 | $83,770 | -4.09% | - |
| 2013 | $87,200 | 0.63% | - |
| 2012 | $86,650 | - | - |
From Table 3 we note that with a median annual salary of $78,820, Indianapolis-Carmel is the second highest paying city for aerospace engineers in state of Indiana, following the highest paying city Fort Wayne (median annual salary of $100,270). Compared with Fort Wayne, the median annual salary of aerospace engineers in Indianapolis-Carmel is 21.4 percent (21.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Fort Wayne | |
| Indianapolis-Carmel |