Financial Managers in Indiana
May 2025 wages · tax year 2026
You keep
$100,135
after federal, FICA and Indiana tax
Tax takes
$35,705
26.3% of the whole
Worth, in national money
$108,625
Indiana costs less than average
On that salary you would be around the 25th percentile for this work in Indiana — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$135,840
Kept after tax
$100,135
Worth in national money
$108,625
State rank
35
of 51 states
What this pays, and what it is worth
- Indiana is among the lower-paying states for financial managers. The middle earner takes $135,840, ranking 35 of 51 states — about 18.45% below the national middle. Costs here are often lower too, which the figures further down account for.
- Within Indiana this is well-paid work. Of 493 occupations with published figures in the state, financial managers ranks 11 — in the top quarter of everything people do there.
- Indiana is cheaper than average, and that shows up here. From $135,840 the take-home is $100,135; adjusted for what things actually cost, it goes as far as $108,625 would nationally. The average comes to $153,260, above the middle, thanks to the top of the range.
- Indiana ranks 35 of 51 for financial managers, with a median of $135,840 — about 18.45% below the national figure. A nominal shortfall is not by itself a real one: lower-paying states frequently carry lower tax and lower price levels, and the adjusted figures below are where that is settled rather than assumed.
- Ranked against every occupation Indiana publishes a median for, financial managers sits 11 of 493 — the upper quartile of the state's wage distribution. National standing and within-state standing are separate questions, and a job can occupy very different positions on each.
- Post-tax income for financial managers in Indiana, on $135,840, is $100,135 — equivalent to $108,625 once regional price parity is applied. ⚠️ The adjustment uses a statewide index that describes no particular address; within-state price variation, concentrated in housing, routinely exceeds the difference between two states. At $153,260 the mean overshoots the median — the usual right-skewed shape.
Compare this career across states
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Pay band: Financial Managers
The state median for this job
| Lowest tenth earn under | $80,610 |
|---|---|
| Half earn under | $135,840 |
| Top tenth earn over | $234,710 |
| This salary | $135,840 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Indiana | $100,135 |
|---|---|
| Take-home in Texas | $104,113 |
| Once local prices are leveledBEA price parity | −$1,486 |
The raise and the real gain point in opposite directions here.
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $130,020 |
|---|---|
| Raise you would need | +$2,112 |
| Prices in Texas | 97 vs 92 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- A median is the middle, not an offer. Half of financial managers in Indiana earn under $135,840 and half over. The published range runs $80,610 at the tenth percentile to $234,710 at the ninetieth. Experience and employer move an individual a long way inside that.
- One filer, no dependants, no pension contributions — that is the household behind Indiana's $100,135, worked from $135,840. That is on purpose. It lets states be compared with each other, not with each other's family circumstances. Local city taxes are left out. Locally this work ranks 11 of 493.
- One number stands for prices across all of Indiana, which is a simplification — big cities cost far more than small towns. Read $108,625, the adjusted value of that $135,840 median, as a way to compare states fairly, not as a quote for any particular place. The two datasets are also from different years. This job sits at 11 of 493 in the state.
- Figures are distribution medians for financial managers in Indiana, not entry or offer rates. The published band runs $80,610 to $234,710; within-state dispersion of that width routinely exceeds the dispersion between states, so tenure, employer and metropolitan area predict an individual's pay better than geography does.
- The Indiana take-home of $100,135, on $135,840 for work ranking 11 of 493 locally, models the simplest household deliberately: holding it constant is what makes the interstate comparison meaningful. It also means the absolute figure overstates liability for most real filers, and municipal income taxes are outside the model entirely. The occupation ranks 11 of 493 in the state.
- Price deflation uses one statewide parity for Indiana, so $108,625 — the adjusted value of that $135,840 median — establishes comparability between states rather than accuracy within one. The wage and parity series are dated independently, each following its own publication cycle, and neither is projected forward. This occupation sits at 11 of 493 locally.
Questions people ask
Is this the average pay for the job?
No — it is the middle. Half of these workers earn more and half earn less. The average is $153,260, pulled upward by the top of the range, which is why the middle is the fairer number to plan against.
Why is the pay range for this job so wide?
Because one job title covers very different work. The bottom tenth here earn $80,610 and the top tenth $234,710 — experience, employer and specialism separate them, and a single figure hides all three.
What does this pay actually buy where I live?
Further than the number implies. Indiana is cheaper than the national average, so this take-home behaves like $108,625 in national terms.
Where does the difference between the wage and my paycheck go?
Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and Indiana adds its own income tax on top — which is why $100,135 of this wage survives to your account.
Can I compare this job across every state?
All 51 jurisdictions report this work, which makes the ranking a like-for-like one.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Indiana is $153,260. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($80,610) and the ninetieth ($234,710) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Indiana's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $108,625 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $100,135 reflects federal income tax, OASDI, Medicare and Indiana income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.