Business & Finance Indiana (IN) Rank #35 of 50

Financial Analyst Salary in Indiana

The median financial analyst salary in Indiana is $85,572 per year, which is 10% below the national median of $95,080.

Median Salary
$85,572
vs National
$-9,508
State Rank
#35 of 50
Cost of Living
90%

Financial Analyst Salary Overview in Indiana (2026)

Indiana ranks #35 out of 50 states for financial analyst compensation. Financial Analyst salaries in Indiana are below the national median, though the lower cost of living can offset the difference. At $85,572 per year, financial analysts in Indiana earn $9,508 less than the national median of $95,080.

A key advantage of working in Indiana is its below-average cost of living (90% of the national index). This means the $85,572 salary has the purchasing power of roughly $95,080 in an average-cost area.

The salary spread in Indiana is significant: financial analysts at the 10th percentile earn $51,480, while those at the 90th percentile bring home $149,940 — a $98,460 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Indiana for this role is Carmel, where the median reaches $99,834.

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for financial analysts across the country.

Financial Analyst Salary in Indiana by Experience

In Indiana, an entry-level financial analyst earns around $54,000, while experienced professionals earn up to $133,200 per year. The cost of living index in Indiana is 90% of the national average.

Entry Level (0-2 yrs)
$54,000
$-6,000 vs national
Mid Level (3-7 yrs)
$86,400
$-9,600 vs national
Senior Level (8+ yrs)
$133,200
$-14,800 vs national

Build Wealth on Your Income

With a $85,572 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.

See Investment Options →

Salary Percentiles in Indiana

Percentile IN Salary
10th Percentile $51,480
25th Percentile $65,520
Median (50th) $85,572
75th Percentile $112,500
90th Percentile $149,940

Financial Analyst Salary by City in Indiana

The largest employment areas for financial analysts in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Analyst in Indiana

Education

Most financial analyst positions require a bachelor's degree. Indiana has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Indiana

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Indiana's demand may vary based on local industry trends.

Negotiate Your Way to Senior Pay

Data shows Financial Analysts who negotiate earn 7–15% more. A single negotiation could add $47,628 over your career trajectory.

Get Negotiation Scripts — $197 →

Open to Financial Analyst Roles in Indiana?

Get matched with recruiters hiring financial analysts in Indiana at competitive salaries.

Or browse positions directly:

Frequently Asked Questions: Financial Analyst Salary in Indiana

How much does a Financial Analyst make in Indiana? ▼
The median financial analyst salary in Indiana is $85,572 per year, which is 10% below the national median of $95,080. Salaries range from $51,480 (10th percentile) to $149,940 (90th percentile).
How much does a Financial Analyst make per hour in Indiana? ▼
Based on the median annual salary of $85,572, a financial analyst in Indiana earns approximately $41 per hour assuming a standard 2,080-hour work year.
Is Indiana a good state for financial analysts? ▼
Indiana ranks #35 out of 50 states for financial analyst pay. The cost of living index is 90% of the national average. Entry-level financial analysts earn $54,000, while senior professionals earn $133,200.
How does Indiana compare to other states for financial analyst salary? ▼
The highest paying state for financial analysts is Hawaii at $161,636. Indiana's median of $85,572 ranks #35 nationally. Nearby-ranked states include Wyoming ($87,474) and Louisiana ($86,523).
What is the entry-level financial analyst salary in Indiana? ▼
An entry-level financial analyst in Indiana earns approximately $54,000 per year. With 3-7 years of experience, pay increases to around $86,400. Senior-level professionals with 8+ years earn up to $133,200.
What city in Indiana pays financial analysts the most? ▼
Carmel is the highest paying city in Indiana for financial analysts, with a median salary of $99,834. Other cities include Indianapolis and Fort Wayne.