Financial Analyst Salary in Indiana
Based on 4K+ workers in Indiana
Median Annual Salary (IN)
$81,760
$39.308/hr
vs National Average
$97,172
-15.9% vs national median
Salary Range (10th–90th)
$56K – $128K
4K employed in Indiana
Financial Analyst salary in Indiana averages $81,760 per year, with approximately 3,680 professionals currently employed in the state. This represents a competitive opportunity for those entering or advancing in finance roles. However, Indiana's median salary falls 16% below the national average, reflecting regional economic differences and cost-of-living variations compared to higher-wage states.
Several factors influence Financial Analyst salary in Indiana, including years of experience, specific industry sector, company size, and educational credentials. Advanced certifications like CFA or CPA can command higher compensation, while analysts in financial services or healthcare sectors may earn differently than those in manufacturing. Geographic location within Indiana also plays a role, with salaries typically higher in major metropolitan areas like Indianapolis compared to rural regions.
Salary Distribution — Financial Analyst in Indiana
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $55,550 |
| 25th percentile | $64,990 |
| Median (50th percentile) | $81,760 |
| 75th percentile | $107,160 |
| 90th percentile | $127,550 |
Historical Salary Trend — Financial Analyst in Indiana vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $81,140 |
| 2023 | $81,310 |
| 2024 | $80,420 |
| 2025 | $81,760 |
| Year | Indiana Median | National Median |
|---|---|---|
| 2022 | $81,140 | $85,095 |
| 2023 | $81,310 | $87,779 |
| 2024 | $80,420 | $94,263 |
| 2025 | $81,760 | $97,172 |
Financial Analyst Salary by Experience Level in Indiana
Financial Analyst Salary in Other States
Frequently Asked Questions
How much do financial analysts make in Indiana?
- The median salary for a financial analyst in Indiana is $81,760 per year, or approximately $39 per hour. This is 15.9% below the national average for this position.
What is the salary range for financial analysts in Indiana?
- Financial analysts in Indiana earn between $55,550 and $127,550 annually, depending on experience, education, and employer. This wide range reflects differences in career level and specialized skills.
How many financial analysts work in Indiana?
- There are currently 3,680 financial analysts employed in Indiana, representing a stable job market for this profession in the state.
Is the financial analyst salary in Indiana competitive compared to the national average?
- No, Indiana's median financial analyst salary of $81,760 is about 15.9% lower than the national average. Job seekers in Indiana should expect to earn less in this role compared to other states.