The annual salary statistics of financial analysts in Indianapolis-Carmel, Indiana is shown in Table 1. The wage data of financial analysts 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 | $56,450 |
| 25th Percentile Wage | $67,120 |
| 50th Percentile Wage | $83,490 |
| 75th Percentile Wage | $111,440 |
| 90th Percentile Wage | $130,320 |
Table 1 shows the average annual salary for financial analysts 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 $130,320. The median (50th percentile) annual salary is $83,490. The average annual salary for the bottom 10 percent earners is $56,450.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $83,490 | 4.90% | 25.82% |
| 2021 | $79,400 | 6.32% | - |
| 2018 | $74,380 | 4.28% | - |
| 2017 | $71,200 | 2.99% | - |
| 2016 | $69,070 | 4.04% | - |
| 2015 | $66,280 | 6.70% | - |
| 2014 | $61,840 | -3.48% | - |
| 2013 | $63,990 | 3.22% | - |
| 2012 | $61,930 | - | - |
From Table 3 we note that with a median annual salary of $83,490, Indianapolis-Carmel is the second highest paying city for financial analysts in state of Indiana, following the highest paying city Bloomington (median annual salary of $83,540). Compared with Bloomington, the median annual salary of financial analysts in Indianapolis-Carmel is .1 percent (.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bloomington | |
| Indianapolis-Carmel | |
| Kokomo | |
| Elkhart-Goshen | |
| Northern Indiana nonmetropolitan area | |
| Columbus | |
| Southern Indiana nonmetropolitan area | |
| Gary | |
| Central Indiana nonmetropolitan area | |
| Muncie | |
| Fort Wayne | |
| Lafayette | |
| Lafayette-West Lafayette | |
| Terre Haute |