Business & Finance Carmel, IN Pop. 99,757

Financial Controller Salary in Carmel, Indiana

The median financial controller salary in Carmel, IN is $131,250 per year, which is 5.0% above the national median and 16.7% above the Indiana state average.

City Median
$131,250
vs State Avg
+$18,750
vs National
+$6,250
Cost of Living
105%

Financial Controller Pay in Carmel: What to Expect (2026)

Carmel offers a median financial controller salary of $131,250, which is $18,750 above the Indiana state average of $112,500. Compared to the national median of $125,000, Carmel pays above average for this role.

Carmel's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial controllers in Carmel spans from $81,900 at the 10th percentile to $207,900 at the 90th percentile — a $126,000 spread. Entry-level professionals start around $86,100, while senior financial controllers with 8+ years of experience can earn up to $199,500. Carmel is a smaller market (pop. 99,757), which may mean fewer openings but also less competition for available positions.

Financial Controller Salary in Carmel by Experience

In Carmel, an entry-level financial controller earns around $86,100, while experienced professionals earn up to $199,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$86,100
+$4,100 vs national
Mid Level (3-7 yrs)
$134,400
+$6,400 vs national
Senior Level (8+ yrs)
$199,500
+$9,500 vs national

Salary Percentiles in Carmel, IN

Percentile Carmel
10th Percentile $81,900
25th Percentile $102,900
Median (50th) $131,250
75th Percentile $170,100
90th Percentile $207,900

Financial Controller Salary in Other Indiana Cities

Indianapolis, IN
$116,250
Pop. 887,642
Fort Wayne, IN
$106,250
Pop. 263,886
Evansville, IN
$105,000
Pop. 117,429
South Bend, IN
$103,750
Pop. 103,453

How to Become a Financial Controller in Carmel

Education

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

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Demand in Carmel may vary based on local industry and population growth.

Find Financial Controller Jobs in Carmel

Browse open financial controller positions in Carmel, IN:

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Frequently Asked Questions: Financial Controller Salary in Carmel

How much does a Financial Controller make in Carmel, IN? ▼
The median financial controller salary in Carmel, Indiana is $131,250 per year, which is 5.0% above the national median of $125,000. Salaries range from $81,900 (10th percentile) to $207,900 (90th percentile).
How much does a Financial Controller make per hour in Carmel? ▼
Based on the median annual salary of $131,250, a financial controller in Carmel earns approximately $63 per hour assuming a standard 2,080-hour work year.
How does Carmel compare to the Indiana state average for financial controller pay? ▼
Carmel's median financial controller salary of $131,250 is 16.7% above the Indiana state average of $112,500. 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 controller salary of $131,250 in Carmel has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Carmel? ▼
Most financial controller positions in Carmel require a bachelor's degree. Key skills include Financial Reporting, GAAP, ERP Systems, Budgeting. The job market is projected to grow 6% nationally over the next decade.