The annual salary statistics of biomedical engineers in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of biomedical 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 | $65,840 |
| 25th Percentile Wage | $76,870 |
| 50th Percentile Wage | $99,010 |
| 75th Percentile Wage | $126,460 |
| 90th Percentile Wage | $131,680 |
Table 1 shows the average annual salary for biomedical 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 $131,680. The median (50th percentile) annual salary is $99,010. The average annual salary for the bottom 10 percent earners is $65,840.
The table and chart below show the trend of the median salary of biomedical engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $99,010 | -0.63% | 41.89% |
| 2021 | $99,630 | 6.34% | - |
| 2020 | $93,310 | 0.35% | - |
| 2019 | $92,980 | 10.03% | - |
| 2018 | $83,650 | 1.59% | - |
| 2017 | $82,320 | 1.80% | - |
| 2016 | $80,840 | 25.57% | - |
| 2015 | $60,170 | 1.75% | - |
| 2014 | $59,120 | 2.49% | - |
| 2013 | $57,650 | 0.21% | - |
| 2012 | $57,530 | - | - |
From Table 3 we note that with a median annual salary of $99,010, Indianapolis-Carmel is the second highest paying city for biomedical engineers in state of Indiana, following the highest paying city Northern Indiana nonmetropolitan area (median annual salary of $112,400). Compared with Northern Indiana nonmetropolitan area, the median annual salary of biomedical engineers in Indianapolis-Carmel is 11.9 percent (11.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northern Indiana nonmetropolitan area | |
| Indianapolis-Carmel | |
| Gary | |
| Fort Wayne | |
| Bloomington |