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

Market Research Analyst Salary in Indiana

The median market research analyst salary in Indiana is $61,407 per year, which is 10% below the national median of $68,230.

Median Salary
$61,407
vs National
$-6,823
State Rank
#35 of 50
Cost of Living
90%

Market Research Analyst Salary Overview in Indiana (2026)

Indiana ranks #35 out of 50 states for market research analyst compensation. Market Research Analyst salaries in Indiana are below the national median, though the lower cost of living can offset the difference. At $61,407 per year, market research analysts in Indiana earn $6,823 less than the national median of $68,230.

A key advantage of working in Indiana is its below-average cost of living (90% of the national index). This means the $61,407 salary has the purchasing power of roughly $68,230 in an average-cost area.

The salary spread in Indiana is significant: market research analysts at the 10th percentile earn $34,200, while those at the 90th percentile bring home $109,800 — a $75,600 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 $71,642.

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Indiana and beyond.

Market Research Analyst Salary in Indiana by Experience

In Indiana, an entry-level market research analyst earns around $36,000, while experienced professionals earn up to $103,500 per year. The cost of living index in Indiana is 90% of the national average.

Entry Level (0-2 yrs)
$36,000
$-4,000 vs national
Mid Level (3-7 yrs)
$63,000
$-7,000 vs national
Senior Level (8+ yrs)
$103,500
$-11,500 vs national

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Salary Percentiles in Indiana

Percentile IN Salary
10th Percentile $34,200
25th Percentile $45,000
Median (50th) $61,407
75th Percentile $82,800
90th Percentile $109,800

Market Research Analyst Salary by City in Indiana

The largest employment areas for market research 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 Market Research Analyst in Indiana

Education

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

Key Skills

Data AnalysisSurvey DesignSPSS/RMarket TrendsReport WritingPresentation

Job Outlook in Indiana

Nationally, market research analyst employment is projected to grow 13% over the next decade (much faster than average). Indiana's demand may vary based on local industry trends.

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Frequently Asked Questions: Market Research Analyst Salary in Indiana

How much does a Market Research Analyst make in Indiana? ▼
The median market research analyst salary in Indiana is $61,407 per year, which is 10% below the national median of $68,230. Salaries range from $34,200 (10th percentile) to $109,800 (90th percentile).
How much does a Market Research Analyst make per hour in Indiana? ▼
Based on the median annual salary of $61,407, a market research analyst in Indiana earns approximately $30 per hour assuming a standard 2,080-hour work year.
Is Indiana a good state for market research analysts? ▼
Indiana ranks #35 out of 50 states for market research analyst pay. The cost of living index is 90% of the national average. Entry-level market research analysts earn $36,000, while senior professionals earn $103,500.
How does Indiana compare to other states for market research analyst salary? ▼
The highest paying state for market research analysts is Hawaii at $115,991. Indiana's median of $61,407 ranks #35 nationally. Nearby-ranked states include Wyoming ($62,772) and Louisiana ($62,089).
What is the entry-level market research analyst salary in Indiana? ▼
An entry-level market research analyst in Indiana earns approximately $36,000 per year. With 3-7 years of experience, pay increases to around $63,000. Senior-level professionals with 8+ years earn up to $103,500.
What city in Indiana pays market research analysts the most? ▼
Carmel is the highest paying city in Indiana for market research analysts, with a median salary of $71,642. Other cities include Indianapolis and Fort Wayne.