Financial Manager Salary in Indianapolis, IN
Financial Managers in the Indianapolis-Carmel-Greenwood, IN metro area earn a median $146,620 a year — 12% less than the national median. After 2026 taxes, that is $107,185 take-home, or $8,932 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Indianapolis, IN. Enter your own offer to see your paycheck.
- Federal income tax$23,923
- Social Security (6.2%)$9,090
- Medicare (1.45%)$2,126
- Indiana income tax$4,296
- Take-home pay$107,185
Marginal rate: 24% federal + 2.95% state
Living in Indianapolis (Marion County)? City residents also pay Indianapolis (Marion County)’s County income tax — about $2,942 a year on this salary — which lowers take-home pay to $104,243 ($8,687 a month). Choose “Indianapolis (Marion County)” under City income tax in the calculator. Suburban residents usually don’t pay it.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Indianapolis, IN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $88,490 | $42.54 | $68,502 | $5,708 |
| 25th percentile | $114,990 | $55.28 | $86,363 | $7,197 |
| Median (50th) | $146,620 | $70.49 | $107,185 | $8,932 |
| 75th percentile | $195,210 | $93.85 | $139,627 | $11,636 |
| 90th percentile (top earners) | $243,410+ | $117.02 | $171,705 | $14,309 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Indiana resident, 2026 tax rules.
What $146,620 buys in Indianapolis, IN
Prices in Indianapolis, IN are 4.3% lower than the U.S. average (housing costs are 11% below the national average). Adjusted for local prices, a median financial manager's $107,185 take-home pay has the buying power of $112,006 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Indianapolis, IN as in the U.S. overall (location quotient 0.87).
Best-paying cities for financial managers, adjusted for cost of living
Indianapolis, IN ranks #36 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 36 | Indianapolis, IN | $146,620 | $107,185 | $112,006 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
About the job: financial managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Typical education
- Bachelor's degree
- Work experience
- 5 years or more
- On-the-job training
- None
- Job outlook, 2025–35
- +9.7% (much faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a financial manager make in Indianapolis, IN?
The median financial manager salary in the Indianapolis-Carmel-Greenwood, IN metro area is $146,620 a year, or about $70.49 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $114,990 and $195,210.
What is a financial manager’s take-home pay in Indianapolis, IN?
On the median $146,620 salary, a single filer living in Indiana takes home about $107,185 a year ($8,932 a month) after federal tax, Social Security, Medicare and $4,296 in Indiana taxes in 2026.
Is Indianapolis, IN a good place to work as a financial manager?
Pay here is 12% below the national median of $166,570. Local prices are 4.3% below the U.S. average, so the take-home pay buys what $112,006 would in a typical U.S. city. Indianapolis, IN ranks #36 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Indianapolis, IN?
HUD’s fair market rent for a one-bedroom in Indianapolis, IN is $1,242 a month ($1,454 for two bedrooms) — 14% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Indianapolis, IN
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- Sales Manager — $137,410
- General and Operations Manager — $120,480
- Construction Manager — $109,930
- Medical and Health Services Manager — $106,010
- Education Administrators, Kindergarten through Secondary — $102,400
- Food Service Manager — $75,730
- Managers, All Other — $75,460