Electrical Engineer Salary in Indianapolis, IN

Electrical Engineers in the Indianapolis-Carmel-Greenwood, IN metro area earn a median $104,210 a year — 14% less than the national median. After 2026 taxes, that is $79,097 take-home, or $6,591 a month.

Median salary
$104,210
$50.10 per hour
Typical range
$75,900 – $155,170
10th to 90th percentile
Jobs in Indianapolis, IN
1,260
0.89× national concentration

Take-home pay calculator

Pre-filled with the median electrical engineer salary in Indianapolis, IN. Enter your own offer to see your paycheck.

Electrical Engineer in Indianapolis, IN
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$79,097
per year · effective tax rate 24.1%
$6,591Monthly
$3,296Twice a month
$3,042Every 2 weeks
$38.03Hourly
  • Federal income tax$14,096
  • Social Security (6.2%)$6,461
  • Medicare (1.45%)$1,511
  • Indiana income tax$3,045
  • Take-home pay$79,097

Marginal rate: 22% federal + 2.95% state

Electrical Engineer pay by experience in Indianapolis, IN

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$75,900$36.49$60,016$5,001
25th percentile$81,160$39.02$63,561$5,297
Median (50th)$104,210$50.10$79,097$6,591
75th percentile$130,670$62.82$96,754$8,063
90th percentile (top earners)$155,170$74.60$112,777$9,398

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Indiana resident, 2026 tax rules.

What $104,210 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 electrical engineer's $79,097 take-home pay has the buying power of $82,654 in a typical American city.

1-bedroom rent
$1,242
19% of monthly take-home
2-bedroom rent
$1,454
22% of monthly take-home
Left after 1-BR rent
$5,349
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Electrical Engineer jobs are about as common in Indianapolis, IN as in the U.S. overall (location quotient 0.89).

Best-paying cities for electrical engineers, adjusted for cost of living

Indianapolis, IN ranks #46 of 79 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Albuquerque, NM $163,720$116,477$121,907
2Manchester, NH $159,360$120,189$113,754
3Austin, TX $145,360$110,620$112,801
4San Jose, CA $187,060$123,681$112,007
5Chattanooga, TN $123,840$95,911$104,862
6Houston, TX $131,070$100,852$102,254
7Huntsville, AL $130,330$94,095$101,099
8Kennewick, WA $128,190$98,884$98,806
46Indianapolis, IN$104,210$79,097$82,654

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 79 metros →

Frequently asked questions

How much does a electrical engineer make in Indianapolis, IN?

The median electrical engineer salary in the Indianapolis-Carmel-Greenwood, IN metro area is $104,210 a year, or about $50.10 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $81,160 and $130,670.

What is a electrical engineer’s take-home pay in Indianapolis, IN?

On the median $104,210 salary, a single filer living in Indiana takes home about $79,097 a year ($6,591 a month) after federal tax, Social Security, Medicare and $3,045 in Indiana taxes in 2026.

Is Indianapolis, IN a good place to work as a electrical engineer?

Pay here is 14% below the national median of $120,630. Local prices are 4.3% below the U.S. average, so the take-home pay buys what $82,654 would in a typical U.S. city. Indianapolis, IN ranks #46 of 79 metro areas for cost-of-living-adjusted pay in this job.

Can a electrical engineer 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) — 19% of a median electrical engineer’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

Related jobs in Indianapolis, IN

Cost of living & all salaries in Indianapolis, IN →