Financial Managers Salary in Indianapolis, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Indianapolis-Carmel-Greenwood, IN

Median annual salary $139,660 -13.6% vs national
Median hourly $67.15
10th percentile $82,340
90th percentile $228,110
Employed locally 4,750
National median $161,700

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Financial Managers
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    In Indianapolis, IN, financial managers earn a median annual salary of $139,660, which is lower than the national median of $161,700 for this occupation. When compared to the local area's median household income of $77,065, financial managers earn significantly more—approximately 81% higher than the typical household in the region. This discrepancy highlights the specialized skills and responsibilities associated with managing an organization’s finances, which are valued highly by employers in Indianapolis.

    Entry-level financial managers in Indianapolis start at salaries around the 10th percentile mark of $82,340 annually. As experience is gained, these professionals see substantial salary increases, reaching up to the median at $139,660. Experienced workers can earn significantly more, with those at the 75th percentile earning about $181,160 and individuals at the top end (90th percentile) making approximately $228,110 per year. The differences in pay are driven by factors such as years of experience, level of education, skill set, and specific responsibilities within an organization. Additionally, regional economic conditions and demand for financial expertise can also influence salary variations across different levels of experience.

    Salary percentile breakdown

    10th
    $82,340
    25th
    $105,550
    50th (median)
    $139,660
    75th
    $181,160
    90th
    $228,110

    Indianapolis economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $77,065 2023 • Census ACS
    Financial Managers salary vs area income 181% Median Financial Managers salary is 81% above the area median household income

    Frequently asked questions

    How much do Financial Managers make per hour in Indianapolis?

    The median hourly wage for Financial Managers in Indianapolis, IN is $67.15, based on BLS OEWS 2025 data. Top earners (90th percentile) make $117.03 or more per hour.

    Is Indianapolis above or below average for Financial Managers salaries?

    The median Financial Managers salary in Indianapolis, IN is 13.6% below the national median of $161,700. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Financial Managers in Indianapolis?

    Entry-level Financial Managers (10th percentile) earn around $82,340 per year in Indianapolis, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $105,550.