SOC 13-2051

Financial Analyst 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 72.0% Realized
$57,965 / net annual direct deposit
Gross Adjusted $80,470 $38.69/hr
Effective Tax Drag 21.97% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$17,677 $679.88/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 $38.69 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$4,828/yr)
0% Tax Shield: ~$1,062/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$7,811
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$4,989
Medicare Hospital Insurance
Statutory 1.45%
-$1,167
Indiana Individual Income Tax
State Marginal Bracket
-$2,202
Marion County income tax
2.02%
-$1,508
Net Take-Home Annual Realized
$57,965 ($2,229.42 / check)
Category 2 of 6

Indianapolis-Carmel-Greenwood, IN Financial Analyst Wage Distribution

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

Your Salary: $80,470
MIDDLE 50% (IQR RANGE) 10th $55.2k 25th $64.0k Median: $80,470 50th (Median) $80.5k 75th $102k 90th $130k You: $80,470
10th (Entry) $55,240 $26.56/hr
25th (Junior) $63,960 $30.75/hr
50th (Median) $80,470 $38.69/hr
75th (Senior) $102,460 $49.26/hr
90th (Lead/Master) $130,020 $62.51/hr
Career Progression & Licensing Milestones for Financial Analyst in Indianapolis-Carmel-Greenwood, IN
1
Junior Financial AnalystBachelor's degree (most common O*NET requirement); entry into the field
$49,892$23.99/hr · 0-2 Years
2
Financial AnalystDemonstrated results in role; works independently on core responsibilities; CFA or equivalent progress
$62,111$29.86/hr · 2-5 Years
3
Senior Financial AnalystFull professional competence; leads projects or a small team
$80,439$38.67/hr · 5-9 Years
4
Finance ManagerOwns budget, hiring and outcomes for a department or large program
$104,406$50.20/hr · 9-14 Years
5
Director of FP&AExecutive or principal scope; sets strategy across the organization or profession
$141,688$68.12/hr · 14+ Years
Scaled to the Indianapolis-Carmel-Greenwood, IN medianView National Financial Analyst Salary Data
Adjacent Career Pivots & National Pay Differences
Financial Managers+$63,830/yr
National median: $166,570
Skill overlap: 97%View Salary
Personal Financial Advisors+$2,330/yr
National median: $105,070
Skill overlap: 96%
Securities, Commodities, and Financial Services Sales Agents-$24,080/yr
National median: $78,660
Skill overlap: 95%
Financial Specialists, All Other-$21,640/yr
National median: $81,100
Skill overlap: 95%
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)
28% of Net Income
✓ Passes 30% Housing Affordability Standard
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$80,470-$17,677$57,965$2,229.42
+5h Overtime/Wk45 hrs$95,558-$22,656$67,168$2,583.40
+10h Overtime/Wk50 hrs$110,646-$27,636$76,372$2,937.38
+15h Overtime/Wk55 hrs$125,734-$32,615$85,575$3,291.36
+20h Overtime/Wk60 hrs$140,823-$37,806$94,567$3,637.21
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

Financial Analyst 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
$80,470/yr
$38.69/hr · SOC 13-2051
Statutory Tax Drag
21.97% Effective
-$17,677 in Total Taxes
HUD 1BR Shelter Ratio
28% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$3,494/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 13-2051
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

Financial Analyst in Indianapolis-Carmel-Greenwood, IN: Market Snapshot

Financial Analyst roles in Indianapolis-Carmel-Greenwood, IN report a median annual wage of $80,470, 21.7% below the national median of $102,740. The 10th to 90th percentile band runs from $55,240 to $130,020, and HUD’s $1,336 monthly one-bedroom fair market rent equals 19.9% of that median gross pay. The single-adult living wage benchmark for the area is $22.26 per hour.

Highest-paying metropolitan areas for Financial Analyst

Metropolitan areaMedian annual wageVs this market
Bridgeport-Stamford-Danbury, CT$158,310+96.7%
San Jose-Sunnyvale-Santa Clara, CA$144,910+80.1%
Prescott Valley-Prescott, AZ$135,680+68.6%
San Francisco-Oakland-Fremont, CA$130,520+62.2%
New York-Newark-Jersey City, NY-NJ$128,930+60.2%
Seattle-Tacoma-Bellevue, WA$124,790+55.1%
Barnstable Town, MA$121,530+51.0%
Idaho Falls, ID$119,170+48.1%
Boston-Cambridge-Newton, MA-NH$117,520+46.0%
Portland-Vancouver-Hillsboro, OR-WA$117,280+45.7%

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, 323 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.

Financial Analyst Salary in Indianapolis-Carmel-Greenwood, IN (2026) Overview

Financial Analyst median pay in Indianapolis-Carmel-Greenwood, IN is $80,470 a year ($38.69/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD. Official 2026 economic data for Financial Analyst 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 Financial Analyst in Indianapolis-Carmel-Greenwood, IN?

The median annual wage is $80,470 ($38.69 per hour). The middle 80% of earners make between $55,240 and $130,020. Source: BLS OEWS (May 2025).

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

On the median wage of $80,470, a single filer with no pre-tax deductions takes home about $61,491 a year ($5,124 a month) after $18,979 in federal, FICA, state and local taxes, an effective rate of 23.59%, using 2026 tax rules.