SOC 51-4041

CNC Machinist Salary in Indianapolis-Carmel-Greenwood, IN (2026)

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + IN + Municipal
COL Index: 100.65 (+0.7% vs US)
Net Compensation Yield 74.8% Realized
$37,858 / net annual direct deposit
Gross Adjusted $50,610 $24.33/hr
Effective Tax Drag 19.2% Combined Jurisdictions
Marginal Top Bracket 12% Federal Statutory
Total Withheld -$9,715 $373.66/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $24.33 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$3,037/yr)
0% Tax Shield: ~$364/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$3,529
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$3,138
Medicare Hospital Insurance
Statutory 1.45%
-$734
Indiana Individual Income Tax
State Marginal Bracket
-$1,374
Marion County income tax
2.02%
-$941
Net Take-Home Annual Realized
$37,858 ($1,456.09 / check)
Category 2 of 6

Indianapolis-Carmel-Greenwood, IN CNC Machinist Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $50,610
MIDDLE 50% (IQR RANGE) 10th $42.4k 25th $48.0k Median: $50,610 50th (Median) $50.6k 75th $64.7k 90th $72.1k You: $50,610
10th (Entry) $42,440 $20.40/hr
25th (Junior) $48,030 $23.09/hr
50th (Median) $50,610 $24.33/hr
75th (Senior) $64,680 $31.10/hr
90th (Lead/Master) $72,140 $34.68/hr
Career Progression & Licensing Milestones for CNC Machinist in Indianapolis-Carmel-Greenwood, IN
1
CNC Operator TraineeMachine loading, part deburring, basic micrometer inspection
$31,012$14.91/hr · 0-2 Years
2
CNC MachinistG-code/M-code setups, CNC milling/turning, tooling offset adjustments
$46,518$22.36/hr · 2-5 Years
3
Senior CNC ProgrammerMastercam, multi-axis (5-axis) programming, CAD/CAM surface modeling
$62,024$29.82/hr · 5-8 Years
4
Machine Shop SupervisorProduction scheduling, quality auditing, machine fleet maintenance
$79,253$38.10/hr · 8+ Years
Scaled to the Indianapolis-Carmel-Greenwood, IN medianView National CNC Machinist Salary Data
Adjacent Career Pivots & National Pay Differences
Tool and Die Makers+$5,300/yr
National median: $64,050
Skill overlap: 94%
Computer Numerically Controlled Tool Operators-$8,060/yr
National median: $50,690
Skill overlap: 93%
Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic-$5,950/yr
National median: $52,800
Skill overlap: 93%
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic-$8,130/yr
National median: $50,620
Skill overlap: 86%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Indianapolis-Carmel-Greenwood, IN under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
42% of Net Income
⚠️ Cost-Burdened (Exceeds 30% Rule)
HUD Fair Market Rent (1-Bedroom) $1,336/month Requires minimum annual gross of $53,440
HUD Fair Market Rent (2-Bedroom) $1,536/month Requires minimum annual gross of $61,440
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $22.26/hr
Per adult, 2 working adults + 1 child: $21.10/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Indianapolis-Carmel-Greenwood, IN.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$50,610-$9,715$37,858$1,456.09
+5h Overtime/Wk45 hrs$60,099-$11,955$44,539$1,713.02
+10h Overtime/Wk50 hrs$69,589-$14,195$51,219$1,969.96
+15h Overtime/Wk55 hrs$79,078-$17,218$57,116$2,196.77
+20h Overtime/Wk60 hrs$88,568-$20,349$62,904$2,419.40
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

CNC Machinist in Indianapolis-Carmel-Greenwood, IN: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Indiana tax codes.

Market Baseline
$50,610/yr
$24.33/hr · SOC 51-4041
Statutory Tax Drag
19.2% Effective
-$9,715 in Total Taxes
HUD 1BR Shelter Ratio
42% Net Pay
⚠️ Exceeds 30% HUD Rule
Monthly Discretionary
+$1,819/mo
Post-$1,336/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 51-4041
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

CNC Machinist in Indianapolis-Carmel-Greenwood, IN: Market Snapshot

CNC Machinist roles in Indianapolis-Carmel-Greenwood, IN report a median annual wage of $50,610, 13.9% below the national median of $58,750. The 10th to 90th percentile band runs from $42,440 to $72,140, and HUD’s $1,336 monthly one-bedroom fair market rent equals 31.7% of that median gross pay. The single-adult living wage benchmark for the area is $22.26 per hour.

Highest-paying metropolitan areas for CNC Machinist

Metropolitan areaMedian annual wageVs this market
Urban Honolulu, HI$84,410+66.8%
Florence-Muscle Shoals, AL$82,690+63.4%
Bremerton-Silverdale-Port Orchard, WA$80,620+59.3%
Barnstable Town, MA$77,650+53.4%
Lake Charles, LA$75,580+49.3%
Anchorage, AK$75,040+48.3%
Seattle-Tacoma-Bellevue, WA$74,560+47.3%
Bismarck, ND$74,090+46.4%
Boston-Cambridge-Newton, MA-NH$72,060+42.4%
Flagstaff, AZ$71,620+41.5%

Top-paying occupations benchmarked in Indianapolis-Carmel-Greenwood, IN

OccupationMedian annual wageMedian hourly
Chief Executives$256,320$123.23/hr
Architectural and Engineering Managers$159,640$76.75/hr
Computer and Information Systems Managers$155,230$74.63/hr
Financial Manager$146,620$70.49/hr
Marketing Managers$137,980$66.34/hr
Sales Managers$137,410$66.06/hr
Data Engineer$136,990$65.86/hr
Human Resources Managers$135,770$65.27/hr
Purchasing Managers$135,240$65.02/hr
Physician Assistant$131,950$63.44/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 361 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

CNC Machinist Salary in Indianapolis-Carmel-Greenwood, IN (2026) Overview

CNC Machinist median pay in Indianapolis-Carmel-Greenwood, IN is $50,610 a year ($24.33/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD. Official 2026 economic data for CNC Machinist in Indianapolis-Carmel-Greenwood, IN compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a CNC Machinist in Indianapolis-Carmel-Greenwood, IN?

The median annual wage is $50,610 ($24.33 per hour). The middle 80% of earners make between $42,440 and $72,140. Source: BLS OEWS (May 2025).

What is the take-home pay for a CNC Machinist in Indianapolis-Carmel-Greenwood, IN after taxes?

On the median wage of $50,610, a single filer with no pre-tax deductions takes home about $40,380 a year ($3,365 a month) after $10,230 in federal, FICA, state and local taxes, an effective rate of 20.21%, using 2026 tax rules.