Financial Manager salary in Indiana
Financial Managers in Indiana earn a median of $135,840 a year ($65.31 an hour), based on BLS data for 12,560 workers.
Pay ranges from $80,610 for the lowest-paid 10% to $234,710 for the top 10%. That is 18% lower than the national median of $166,570. Indiana ranks 35th of 51 states for financial managers pay. There are 3.9 financial managers per 1,000 jobs here — the job is less common than nationally (location quotient 0.73). The average (mean) salary is $153,260, above the median because a few high earners pull it up.
Pay range for financial managers in Indiana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $80,610 | $38.75 |
| 25th percentile | $101,970 | $49.02 |
| Median | $135,840 | $65.31 |
| 75th percentile | $183,130 | $88.04 |
| 90th percentile (top earners) | $234,710 | $112.84 |
| Average (mean) | $153,260 | $73.69 |
Half of financial managers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $11,320 |
| Semi-monthly (24 a year) | $5,660 |
| Biweekly (26 a year) | $5,224.62 |
| Weekly | $2,612.31 |
| Hourly | $65.31 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Financial Manager salary in cities in Indiana
| Metro area | Median salary | Workers |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $168,810 | 41,590 |
| Cincinnati, OH-KY-IN | $152,700 | 6,340 |
| Indianapolis-Carmel-Greenwood, IN | $146,620 | 5,230 |
| Elkhart-Goshen, IN | $145,980 | 430 |
| Columbus, IN | $143,590 | 180 |
| Louisville/Jefferson County, KY-IN | $136,970 | 2,670 |
| Bloomington, IN | $134,540 | 270 |
| Fort Wayne, IN | $130,900 | 920 |
| Michigan City-La Porte, IN | $128,900 | 110 |
| Evansville, IN | $128,650 | 520 |
| South Bend-Mishawaka, IN-MI | $128,370 | 580 |
| Terre Haute, IN | $122,100 | 210 |
| Lafayette-West Lafayette, IN | $121,020 | 310 |
| Kokomo, IN | $115,140 | 100 |
| Muncie, IN | $102,430 | 230 |
Highest-paying states for financial managers
| State | Median salary |
|---|---|
| New York | $219,880 |
| Massachusetts | $206,760 |
| New Jersey | $199,110 |
| District of Columbia | $188,880 |
| Virginia | $185,220 |
| Colorado | $182,690 |
| Delaware | $181,580 |
| California | $180,770 |
| Washington | $174,840 |
| Connecticut | $174,830 |
Related jobs in Indiana
| Job | Median salary | Hourly |
|---|---|---|
| Industrial Production Manager | $121,500 | $58.41 |
| Computer and Information Systems Managers | $142,040 | $68.29 |
| Administrative Services Manager | $112,990 | $54.32 |
| Transportation, Storage, and Distribution Managers | $108,720 | $52.27 |
| Facilities Manager | $104,560 | $50.27 |
| Human Resources Manager | $130,340 | $62.66 |
| Purchasing Manager | $126,880 | $61.00 |
| Training and Development Managers | $105,130 | $50.54 |
| Compensation and Benefits Managers | $118,180 | $56.82 |
| General and Operations Managers | $108,170 | $52.01 |
| Medical and Health Services Managers | $104,140 | $50.07 |
| Sales Manager | $131,470 | $63.21 |
| Education Administrators, Kindergarten through Secondary | $98,770 | — |
| Managers, All Other | $79,900 | $38.42 |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-3031. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a financial manager make in Indiana?
The median salary for financial managers in Indiana is $135,840 a year, or $65.31 an hour. Pay ranges from $80,610 for the lowest-paid 10% to $234,710 for the top 10%.
How much do the highest-paid financial managers make in Indiana?
The top 10% of financial managers in Indiana earn at least $234,710 a year. The top 25% earn $183,130 or more.
What is the starting pay for financial managers in Indiana?
Entry-level pay (the 10th percentile) is about $80,610 a year, and a quarter of financial managers earn $101,970 or less.
How many financial managers work in Indiana?
About 12,560 financial managers are employed in Indiana, not counting the self-employed.