Financial Manager salary in Indianapolis-Carmel-Greenwood, IN
Financial Managers in the Indianapolis-Carmel-Greenwood, IN metro area earn a median of $146,620 a year ($70.49 an hour), based on BLS data for 5,230 workers.
Pay ranges from $88,490 for the lowest-paid 10% to $243,410 for the top 10%. That is 12% lower than the national median of $166,570. Pay here is 8% higher than the Indiana statewide median of $135,840. There are 4.7 financial managers per 1,000 jobs here — close to the national average. The average (mean) salary is $162,640, above the median because a few high earners pull it up.
Pay range for financial managers in Indianapolis-Carmel-Greenwood, IN
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $88,490 | $42.54 |
| 25th percentile | $114,990 | $55.29 |
| Median | $146,620 | $70.49 |
| 75th percentile | $195,210 | $93.85 |
| 90th percentile (top earners) | $243,410 | $117.03 |
| Average (mean) | $162,640 | $78.19 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $12,218.33 |
| Semi-monthly (24 a year) | $6,109.17 |
| Biweekly (26 a year) | $5,639.23 |
| Weekly | $2,819.62 |
| Hourly | $70.49 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $146,620 salary, see how much house you can afford in Indiana at today's mortgage rates, or work out a payment with the mortgage calculator.
Financial Manager salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $168,810 | 41,590 |
| Cincinnati, OH-KY-IN | $152,700 | 6,340 |
| Elkhart-Goshen, IN | $145,980 | 430 |
| Columbus, IN | $143,590 | 180 |
| Louisville/Jefferson County, KY-IN | $136,970 | 2,670 |
| Bloomington, IN | $134,540 | 270 |
| Fort Wayne, IN | $130,900 | 920 |
| Michigan City-La Porte, IN | $128,900 | 110 |
| Evansville, IN | $128,650 | 520 |
| South Bend-Mishawaka, IN-MI | $128,370 | 580 |
| Terre Haute, IN | $122,100 | 210 |
| Lafayette-West Lafayette, IN | $121,020 | 310 |
| Kokomo, IN | $115,140 | 100 |
| Muncie, IN | $102,430 | 230 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
See Financial Manager pay in every state or the Indiana statewide figures.
Related jobs in Indianapolis-Carmel-Greenwood, IN
| Job | Median salary | Hourly |
|---|---|---|
| Computer and Information Systems Managers | $155,230 | $74.63 |
| Administrative Services Manager | $123,520 | $59.39 |
| Industrial Production Manager | $124,030 | $59.63 |
| Transportation, Storage, and Distribution Managers | $111,390 | $53.55 |
| Facilities Manager | $109,160 | $52.48 |
| Human Resources Manager | $135,770 | $65.28 |
| Training and Development Managers | $99,550 | $47.86 |
| Purchasing Manager | $135,240 | $65.02 |
| Compensation and Benefits Managers | $114,410 | $55.01 |
| General and Operations Managers | $120,480 | $57.92 |
| Managers, All Other | $75,460 | $36.28 |
| Medical and Health Services Managers | $106,010 | $50.97 |
| Sales Manager | $137,410 | $66.06 |
| Construction Manager | $109,930 | $52.85 |
More: Management Occupations · all salaries in Indianapolis-Carmel-Greenwood, IN
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Indianapolis-Carmel-Greenwood, IN?
The median salary for financial managers in the Indianapolis-Carmel-Greenwood, IN metro area is $146,620 a year, or $70.49 an hour. Pay ranges from $88,490 for the lowest-paid 10% to $243,410 for the top 10%.
How much do the highest-paid financial managers make in Indianapolis-Carmel-Greenwood, IN?
The top 10% of financial managers in the Indianapolis-Carmel-Greenwood, IN metro area earn at least $243,410 a year. The top 25% earn $195,210 or more.
What is the starting pay for financial managers in Indianapolis-Carmel-Greenwood, IN?
Entry-level pay (the 10th percentile) is about $88,490 a year, and a quarter of financial managers earn $114,990 or less.
How many financial managers work in Indianapolis-Carmel-Greenwood, IN?
About 5,230 financial managers are employed in the Indianapolis-Carmel-Greenwood, IN metro area, not counting the self-employed.