Business & Finance Carmel, IN Pop. 99,757

Financial Analyst Salary in Carmel, Indiana

The median financial analyst salary in Carmel, IN is $99,834 per year, which is 5.0% above the national median and 16.7% above the Indiana state average.

City Median
$99,834
vs State Avg
+$14,262
vs National
+$4,754
Cost of Living
105%

Financial Analyst Salary in Carmel by Experience

In Carmel, an entry-level financial analyst earns around $63,000, while experienced professionals earn up to $155,400 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$63,000
+$3,000 vs national
Mid Level (3-7 yrs)
$100,800
+$4,800 vs national
Senior Level (8+ yrs)
$155,400
+$7,400 vs national

Salary Percentiles in Carmel, IN

Percentile Carmel
10th Percentile $60,060
25th Percentile $76,440
Median (50th) $99,834
75th Percentile $131,250
90th Percentile $174,930

Financial Analyst Salary in Other Indiana Cities

Indianapolis, IN
$88,424
Pop. 887,642
Fort Wayne, IN
$80,818
Pop. 263,886
Evansville, IN
$79,867
Pop. 117,429
South Bend, IN
$78,916
Pop. 103,453

How to Become a Financial Analyst in Carmel

Education

Most financial analyst positions require a bachelor's degree. Carmel and the surrounding Indiana area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Carmel may vary based on local industry and population growth.