Business & Finance Indianapolis, IN Pop. 887,642

Financial Controller Salary in Indianapolis, Indiana

The median financial controller salary in Indianapolis, IN is $116,250 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$116,250
vs State Avg
+$3,750
vs National
$-8,750
Cost of Living
93%

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

Indianapolis offers a median financial controller salary of $116,250, which is $3,750 above the Indiana state average of $112,500. Compared to the national median of $125,000, Indianapolis pays below the national benchmark for this role.

Indianapolis's cost of living is 93% 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 Indianapolis spans from $72,540 at the 10th percentile to $184,140 at the 90th percentile — a $111,600 spread. Entry-level professionals start around $76,260, while senior financial controllers with 8+ years of experience can earn up to $176,700. As a major metro area with a population of 887,642, Indianapolis typically offers more job opportunities and employer competition, which can drive salaries higher.

Financial Controller Salary in Indianapolis by Experience

In Indianapolis, an entry-level financial controller earns around $76,260, while experienced professionals earn up to $176,700 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$76,260
$-5,740 vs national
Mid Level (3-7 yrs)
$119,040
$-8,960 vs national
Senior Level (8+ yrs)
$176,700
$-13,300 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $72,540
25th Percentile $91,140
Median (50th) $116,250
75th Percentile $150,660
90th Percentile $184,140

Financial Controller Salary in Other Indiana Cities

Carmel, IN
$131,250
Pop. 99,757
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 Indianapolis

Education

Most financial controller positions require a bachelor's degree. Indianapolis 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 Indianapolis may vary based on local industry and population growth.

Find Financial Controller Jobs in Indianapolis

Browse open financial controller positions in Indianapolis, IN:

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Frequently Asked Questions: Financial Controller Salary in Indianapolis

How much does a Financial Controller make in Indianapolis, IN? ▼
The median financial controller salary in Indianapolis, Indiana is $116,250 per year, which is 7% below the national median of $125,000. Salaries range from $72,540 (10th percentile) to $184,140 (90th percentile).
How much does a Financial Controller make per hour in Indianapolis? ▼
Based on the median annual salary of $116,250, a financial controller in Indianapolis earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for financial controller pay? ▼
Indianapolis's median financial controller salary of $116,250 is 3.3% above the Indiana state average of $112,500. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a financial controller salary of $116,250 in Indianapolis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Indianapolis? ▼
Most financial controller positions in Indianapolis 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.