Financial Managers Salary in Indiana
In Indiana, financial managers earn a median $135,840 a year, well below the national median of $166,570 (−18%); the state ranks 35th of 51 states by median. Financial Managers earn 2.8 times the median across all occupations in Indiana ($47,860). Among neighbouring states, Illinois, Ohio and Michigan pay more (up to $165,880 in Illinois) and Kentucky pays less (down to $130,650 in Kentucky). Indiana employs 12,560 financial managers, 3.92 per 1,000 jobs, the 22nd largest count of any state. A location quotient of 0.73 means it is less common in Indiana than nationally.
Indiana vs the United States, May 2025
| Area | Basis | Percentile wage | Mean | Employment | Jobs per 1,000 | Location quotient | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th | 25th | Median | 75th | 90th | ||||||
| Indiana | Hourly | $38.75 | $49.02 | $65.31 | $88.04 | $112.84 | $73.69 | 12,560 | 3.93 | 0.73 |
| Annual | $80,610 | $101,970 | $135,840 | $183,130 | $234,710 | $153,260 | ||||
| United States | Hourly | $45.34 | $60.33 | $80.08 | $105.76 | $155.42 | $89.86 | 841,710 | – | – |
| Annual | $94,310 | $125,490 | $166,570 | $219,980 | $323,270 | $186,910 | ||||
- Rank by median
- 35th of 51 states
- Rank by employment
- 22nd of 51 states
- Location quotient
- 0.73
- Jobs per 1,000
- 3.93
Ranks count the 50 states and DC with a published value. The location quotient is the occupation's share of Indiana's employment divided by its national share; 1.00 means the same share as the nation. Take-home pay at these wages: FastCalc's take-home pay calculator.
Metropolitan areas in Indiana
15 metropolitan areas and 3 nonmetropolitan areas touching Indiana publish a row for financial managers, sorted by median. Areas crossing a state line are listed under every state they touch; a linked metro has its own profile.
| Area | Median hourly | Median annual | 10th pct (annual) | 90th pct (annual) | Employment | Jobs per 1,000 | Location quotient |
|---|---|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $81.16 | $168,810 | $103,490 | $321,200 | 41,590 | 9.21 | 1.70 |
| Cincinnati, OH-KY-IN | $73.41 | $152,700 | $93,210 | $293,320 | 6,340 | 5.76 | 1.06 |
| Indianapolis-Carmel-Greenwood, IN | $70.49 | $146,620 | $88,490 | $243,410 | 5,230 | 4.73 | 0.87 |
| Elkhart-Goshen, IN | $70.18 | $145,980 | $83,530 | $254,770 | 430 | 3.34 | 0.62 |
| Columbus, IN | $69.04 | $143,590 | $78,340 | $217,100 | 180 | 3.58 | 0.66 |
| Louisville/Jefferson County, KY-IN | $65.85 | $136,970 | $88,620 | $230,840 | 2,670 | 3.90 | 0.72 |
| Bloomington, IN | $64.69 | $134,540 | $76,540 | $226,190 | 270 | 3.64 | 0.67 |
| Fort Wayne, IN | $62.93 | $130,900 | $78,630 | $226,250 | 920 | 4.07 | 0.75 |
| Michigan City-La Porte, IN | $61.97 | $128,900 | $72,610 | $217,090 | 110 | 2.60 | 0.48 |
| Evansville, IN | $61.85 | $128,650 | $78,470 | $224,510 | 520 | 3.85 | 0.71 |
| South Bend-Mishawaka, IN-MI | $61.72 | $128,370 | $77,410 | $235,990 | 580 | 4.38 | 0.81 |
| Terre Haute, IN | $58.70 | $122,100 | $72,970 | $208,820 | 210 | 3.17 | 0.59 |
| Lafayette-West Lafayette, IN | $58.18 | $121,020 | $73,700 | $218,470 | 310 | 3.07 | 0.57 |
| Kokomo, IN | $55.36 | $115,140 | $71,920 | $265,430 | 100 | 2.85 | 0.53 |
| Muncie, IN | $49.25 | $102,430 | $67,870 | $210,110 | 230 | 5.15 | 0.95 |
| Central Indiana nonmetropolitan area | $62.16 | $129,280 | $77,230 | $222,050 | 350 | 2.16 | 0.40 |
| Southern Indiana nonmetropolitan area | $58.77 | $122,250 | $77,210 | $211,160 | 470 | 2.40 | 0.44 |
| Northern Indiana nonmetropolitan area | $55.94 | $116,340 | $77,990 | $214,730 | 680 | 3.24 | 0.60 |
Neighbouring states
See the national page for Financial Managers (every state ranked) and the Indiana wage profile (every occupation in the state).
Source and notes
Data: BLS OEWS May 2025, released 2026-05-15. Cross-industry estimates, all ownerships. BLS page: OEWS Indiana estimates.
- Annual wages assume 2,080 hours a year at the hourly rate; occupations BLS publishes on one basis only show an en dash (–) on the other.
- Employment is rounded to the nearest 10 by BLS. Where BLS withholds a cell, nothing is estimated in its place.