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
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- 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
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 #79 of 177 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 | Sioux Falls, SD | $163,580 | $123,073 | $135,796 |
| 3 | New York, NY | $221,010 | $152,151 | $135,169 |
| 4 | Midland, TX | $172,520 | $129,183 | $134,871 |
| 5 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 6 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 7 | Boulder, CO | $192,970 | $135,904 | $129,184 |
| 8 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 79 | 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 177 metros →
Financial Manager salaries elsewhere in Indiana
- Fort Wayne, IN — $130,900
- Evansville, IN — $128,650
- South Bend, IN — $128,370
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 #79 of 177 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
- Chief Executive — $239,200+
- Architectural and Engineering Manager — $159,640
- Computer and Information Systems Manager — $155,230
- Marketing Manager — $137,980
- Sales Manager — $137,410
- Human Resources Manager — $135,770
- Industrial Production Manager — $124,030
- Administrative Services Manager — $123,520
- General and Operations Manager — $120,480
- Transportation, Storage, and Distribution Managers — $111,390
- Construction Manager — $109,930
- Facilities Manager — $109,160