SOC 15-2031

Operations Research Analyst Salary in Indianapolis-Greenwood, IN

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 71.2% Realized
$61,741 / net annual direct deposit
Gross Adjusted $86,660 $41.66/hr
Effective Tax Drag 22.76% Combined Jurisdictions
Marginal Top Bracket 22% Federal Statutory
Total Withheld -$19,720 $758.45/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 $41.66 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$5,200/yr)
0% Tax Shield: ~$1,144/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$9,091
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$5,373
Medicare Hospital Insurance
Statutory 1.45%
-$1,257
Indiana Individual Income Tax
State Marginal Bracket
-$2,374
Marion County income tax
2.02%
-$1,625
Net Take-Home Annual Realized
$61,741 ($2,374.64 / check)
Category 2 of 6

Indianapolis-Carmel-Greenwood, IN Operations Research Analyst Wage Distribution

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

Your Salary: $86,660
MIDDLE 50% (IQR RANGE) 10th $60.0k 25th $69.2k Median: $86,660 50th (Median) $86.7k 75th $122k 90th $156k You: $86,660
10th (Entry) $59,950 $28.82/hr
25th (Junior) $69,240 $33.29/hr
50th (Median) $86,660 $41.66/hr
75th (Senior) $121,570 $58.45/hr
90th (Lead/Master) $156,290 $75.14/hr
Career Progression & Licensing Milestones for Operations Research Analyst in Indianapolis-Carmel-Greenwood, IN
1
Junior Operations AnalystMathematical optimization, linear programming, Python/R, SQL data mining
$56,513$27.17/hr · 0-2 Years
2
Operations Research AnalystStochastic modeling, supply chain simulation, network optimization
$86,718$41.69/hr · 2-5 Years
3
Senior Decision ScientistEnterprise predictive analytics, algorithmic decision systems, heuristics
$120,821$58.09/hr · 5-8 Years
4
Director of Operations AnalyticsExecutive analytical strategy, operational resource allocation
$153,950$74.01/hr · 8+ Years
Scaled to the Indianapolis-Carmel-Greenwood, IN medianView National Operations Research Analyst Salary Data
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)
26% 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$86,660-$19,720$61,741$2,374.64
+5h Overtime/Wk45 hrs$102,909-$25,082$71,652$2,755.85
+10h Overtime/Wk50 hrs$119,158-$30,444$81,564$3,137.06
+15h Overtime/Wk55 hrs$135,406-$35,916$91,365$3,514.06
+20h Overtime/Wk60 hrs$151,655-$41,584$100,971$3,883.52
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

Operations Research 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
$86,660/yr
$41.66/hr · SOC 15-2031
Statutory Tax Drag
22.76% Effective
-$19,720 in Total Taxes
HUD 1BR Shelter Ratio
26% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$3,809/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 15-2031
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

Operations Research Analyst in Indianapolis-Carmel-Greenwood, IN: Market Snapshot

Operations Research Analyst roles in Indianapolis-Carmel-Greenwood, IN report a median annual wage of $86,660, 2.6% below the national median of $88,940. The 10th to 90th percentile band runs from $59,950 to $156,290, and HUD’s $1,336 monthly one-bedroom fair market rent equals 18.5% of that median gross pay. The single-adult living wage benchmark for the area is $22.26 per hour.

Highest-paying metropolitan areas for Operations Research Analyst

Metropolitan areaMedian annual wageVs this market
Colorado Springs, CO$140,590+62.2%
Lexington Park, MD$135,300+56.1%
Huntsville, AL$132,000+52.3%
Peoria, IL$129,300+49.2%
Denver-Aurora-Centennial, CO$127,810+47.5%
Washington-Arlington-Alexandria, DC-VA-MD-WV$127,600+47.2%
San Jose-Sunnyvale-Santa Clara, CA$123,360+42.3%
Dayton-Kettering-Beavercreek, OH$122,570+41.4%
Bakersfield-Delano, CA$119,020+37.3%
Panama City-Panama City Beach, FL$118,810+37.1%

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, 184 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.

Operations Research Analyst Salary in Indianapolis-Greenwood, IN Overview

Operations Research Analyst median pay in Indianapolis-Carmel-Greenwood, IN is $86,660 a year ($41.66/hr). See take-home pay after 2026 taxes, BLS wage. Official 2026 economic data for Operations Research 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 an Operations Research Analyst in Indianapolis-Carmel-Greenwood, IN?

The median annual wage is $86,660 ($41.66 per hour). The middle 80% of earners make between $59,950 and $156,290. Source: BLS OEWS (May 2025).

What is the take-home pay for an Operations Research Analyst in Indianapolis-Carmel-Greenwood, IN after taxes?

On the median wage of $86,660, a single filer with no pre-tax deductions takes home about $65,538 a year ($5,462 a month) after $21,122 in federal, FICA, state and local taxes, an effective rate of 24.37%, using 2026 tax rules.