Financial Managers pay range in Indianapolis
New workers and the lowest-paid 10% earn about $88,490 a year or less, while the top 10% make $243,410 or more. The middle half of financial managers in Indianapolis earn between $114,990 and $195,210.
- $88K10th
- $115K25th
- $147KMedian
- $195K75th
- $243K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $162,640 | $13,553 | $78.19 |
| Median | $146,620 | $12,218 | $70.49 |
| Entry level (25th percentile) | $114,990 | $9,582 | $55.28 |
| Experienced (75th percentile) | $195,210 | $16,268 | $93.85 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Managers pay in Indianapolis vs. Indiana and the U.S.
Financial managers in Indianapolis earn 6% more than the Indiana average ($153,260) and 13% less than the U.S. average ($186,910). At the median the gap is -12% against the U.S. median of $166,570.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Indianapolis | $162,640 | $146,620 | $88,490 | $243,410 | 5,230 |
| Indiana | $153,260 | $135,840 | $80,610 | $234,710 | 12,560 |
| United States | $186,910 | $166,570 | $94,310 | $323,270 | 841,710 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Managers salary after taxes in Indianapolis
On the average salary of $162,640, a single filer in Indianapolis takes home about $114,316 a year, or $9,526 a month and $4,397 every two weeks. Taxes take 30% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Indianapolis's local income tax (2.02%).
Is Indianapolis a good place for financial managers? Pay vs. cost of living
Prices in the Indianapolis area are 4% below the U.S. average (BEA price parity 95.7), so the average $162,640 buys what about $169,955 would buy in a typical U.S. metro. This job pays 3.0 times the median wage of all jobs in Indianapolis ($49,340). A typical home costs $295,921, or 1.8 years of this average salary before tax.
Financial Managers salary in other Indiana cities
Indianapolis ranks 1st of 12 Indiana metro areas for this job, the best-paid in the state.
- Indianapolis$162,640
- Elkhart$158,320
- Columbus$150,030
- Fort Wayne$145,580
- Bloomington$144,880
- Evansville$144,720
- South Bend$144,090
- Kokomo$138,370
- Michigan City$137,680
- Lafayette$135,200
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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Financial Managers salary in Indianapolis: questions
How much do financial managers make an hour in Indianapolis?
$78.19 an hour on average, and $70.49 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Indianapolis?
The lowest-paid 10% earn about $88,490 a year and the 25th percentile is $114,990, a fair guide to starting pay.
What is the financial managers take-home pay in Indianapolis?
About $114,316 a year ($9,526 a month) for a single filer on the average salary of $162,640. Includes Indianapolis's local income tax (2.02%).
Do financial managers earn more in Indianapolis than elsewhere?
The average here is 13% less than the U.S. average for this job ($186,910).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Indianapolis-Carmel-Greenwood, IN (26900). Relative standard error of the mean wage: 1.8%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Indianapolis's local income tax (2.02%).
- Job concentration: location quotient 0.87, this job is about as common as in the U.S. overall.
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