SOC 51-4121

Welder 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
$38,182 / net annual direct deposit
Gross Adjusted $51,070 $24.55/hr
Effective Tax Drag 19.24% Combined Jurisdictions
Marginal Top Bracket 12% Federal Statutory
Total Withheld -$9,824 $377.84/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 $24.55 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$3,064/yr)
0% Tax Shield: ~$368/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$3,581
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$3,166
Medicare Hospital Insurance
Statutory 1.45%
-$741
Indiana Individual Income Tax
State Marginal Bracket
-$1,387
Marion County income tax
2.02%
-$950
Net Take-Home Annual Realized
$38,182 ($1,468.54 / check)
Category 2 of 6

Indianapolis-Carmel-Greenwood, IN Welder Wage Distribution

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

Your Salary: $51,070
MIDDLE 50% (IQR RANGE) 10th $37.7k 25th $46.6k Median: $51,070 50th (Median) $51.1k 75th $62.5k 90th $76.1k You: $51,070
10th (Entry) $37,690 $18.12/hr
25th (Junior) $46,590 $22.40/hr
50th (Median) $51,070 $24.55/hr
75th (Senior) $62,550 $30.07/hr
90th (Lead/Master) $76,130 $36.60/hr
Career Progression & Licensing Milestones for Welder in Indianapolis-Carmel-Greenwood, IN
1
Welder ApprenticeHigh school diploma or equivalent (most common O*NET requirement); entry into the field
$37,245$17.91/hr · 0-2 Years
2
Certified WelderDemonstrated results in role; works independently on core responsibilities; AWS welding certification
$44,467$21.38/hr · 2-5 Years
3
Journeyman Welder (Structural / Pipe)Full professional competence; leads projects or a small team; AWS welding certification
$51,118$24.58/hr · 5-8 Years
4
Welding SupervisorOwns budget, hiring and outcomes for a department or large program
$59,859$28.78/hr · 8-12 Years
5
Welding Inspector (CWI) / Shop OwnerExecutive or principal scope; sets strategy across the organization or profession
$73,636$35.40/hr · 12+ Years
Scaled to the Indianapolis-Carmel-Greenwood, IN medianView National Welder Salary Data
Adjacent Career Pivots & National Pay Differences
Engine and Other Machine Assemblers-$40/yr
National median: $53,710
Skill overlap: 91%
Welding, Soldering, and Brazing Machine Setters, Operators, and Tenders-$5,830/yr
National median: $47,920
Skill overlap: 89%
Structural Metal Fabricators and Fitters-$2,420/yr
National median: $51,330
Skill overlap: 89%
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers+$11,630/yr
National median: $65,380
Skill overlap: 78%
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$51,070-$9,824$38,182$1,468.54
+5h Overtime/Wk45 hrs$60,646-$12,084$44,923$1,727.81
+10h Overtime/Wk50 hrs$70,221-$14,344$51,664$1,987.08
+15h Overtime/Wk55 hrs$79,797-$17,455$57,554$2,213.63
+20h Overtime/Wk60 hrs$89,373-$20,615$63,395$2,438.28
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

Welder 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
$51,070/yr
$24.55/hr · SOC 51-4121
Statutory Tax Drag
19.24% Effective
-$9,824 in Total Taxes
HUD 1BR Shelter Ratio
42% Net Pay
⚠️ Exceeds 30% HUD Rule
Monthly Discretionary
+$1,846/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 51-4121
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

Welder in Indianapolis-Carmel-Greenwood, IN: Market Snapshot

Welder roles in Indianapolis-Carmel-Greenwood, IN report a median annual wage of $51,070, 5.0% below the national median of $53,750. The 10th to 90th percentile band runs from $37,690 to $76,130, and HUD’s $1,336 monthly one-bedroom fair market rent equals 31.4% of that median gross pay. The single-adult living wage benchmark for the area is $22.26 per hour.

Highest-paying metropolitan areas for Welder

Metropolitan areaMedian annual wageVs this market
Lima, OH$85,790+68.0%
Urban Honolulu, HI$81,120+58.8%
Fairbanks-College, AK$80,210+57.1%
Baton Rouge, LA$78,170+53.1%
Hartford-West Hartford-East Hartford, CT$75,040+46.9%
Anchorage, AK$74,000+44.9%
Lake Charles, LA$72,920+42.8%
Bremerton-Silverdale-Port Orchard, WA$71,720+40.4%
Kahului-Wailuku, HI$67,280+31.7%
Portland-South Portland, ME$66,420+30.1%

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, 382 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.

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

Welder median pay in Indianapolis-Carmel-Greenwood, IN is $51,070 a year ($24.55/hr). See take-home pay after 2026 taxes, BLS wage percentiles, HUD rents. Official 2026 economic data for Welder 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 Welder in Indianapolis-Carmel-Greenwood, IN?

The median annual wage is $51,070 ($24.55 per hour). The middle 80% of earners make between $37,690 and $76,130. Source: BLS OEWS (May 2025).

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

On the median wage of $51,070, a single filer with no pre-tax deductions takes home about $40,726 a year ($3,394 a month) after $10,344 in federal, FICA, state and local taxes, an effective rate of 20.25%, using 2026 tax rules.