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.

Find Financial Analyst Jobs in Carmel

Browse open financial analyst positions in Carmel, IN:

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Frequently Asked Questions: Financial Analyst Salary in Carmel

How much does a Financial Analyst make in Carmel, IN? ▼
The median financial analyst salary in Carmel, Indiana is $99,834 per year, which is 5.0% above the national median of $95,080. Salaries range from $60,060 (10th percentile) to $174,930 (90th percentile).
How much does a Financial Analyst make per hour in Carmel? ▼
Based on the median annual salary of $99,834, a financial analyst in Carmel earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Carmel compare to the Indiana state average for financial analyst pay? ▼
Carmel's median financial analyst salary of $99,834 is 16.7% above the Indiana state average of $85,572. The local cost of living index is 105% of the national average.
What is the cost of living in Carmel, IN? ▼
Carmel has a cost of living index of 105% compared to the national average. This means a financial analyst salary of $99,834 in Carmel has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Carmel? ▼
Most financial analyst positions in Carmel require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.