Financial Managers in Indiana
Considering a career as a Financial Manager in Indiana?
You’re in luck! Jobs for Financial Managers in Indiana are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Managers in Indiana is growing faster than average.
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Financial Managers in Indiana earn higher salaries than the typical U.S. wage earner.
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How Many Financial Managers Work in Indiana?
In 2018, there were 7,520 Financial Managers working in the state.
There were 7,370 Financial Managers employed in this state in 2017.
That’s growth of 150 jobs between 2017 and 2018.
The typical state has 6,900 Financial Managers working in it, which means Indiana has more Financial Managers than average.
Job Projections for Indiana
Jobs for Financial Managers in this state are growing at a rate of 18.7% which is similar to nationwide projections.
Indiana Annual Job Openings
The BLS is projecting 790 annual Financial Managers job openings in Indiana, and 9,570 total jobs in the year 2026.
Nationwide, the prediction is 56,900 annual jobs and 689,000 total jobs in 2026.
What do Financial Managers Make in Indiana?
In 2018 wages for Financial Managers ranged from $55,260 to $204,110 with $104,220 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $26.57 to $98.13. The median hourly rate was $50.11.
Workers in this field were paid a median of $49.47 an hour in 2017.
The hourly rate grew by $0.64.
The median salary in Indiana is higher than the nationwide median salary.
Top Indiana Metros for Financial Managers
The table below shows some of the metros in this state with the most Financial Managers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI | 32,640 | $132,010 |
| Cincinnati, OH-KY-IN | 5,350 | $122,100 |
| Indianapolis-Carmel-Anderson, IN | 3,260 | $118,980 |
| Louisville/Jefferson County, KY-IN | 2,510 | $109,560 |
| Fort Wayne, IN | 520 | $105,470 |
| South Bend-Mishawaka, IN-MI | 420 | $94,710 |
| Evansville, IN-KY | 330 | $101,970 |
| Elkhart-Goshen, IN | 300 | $98,450 |
| Bloomington, IN | 190 | $89,910 |
| Lafayette-West Lafayette, IN | 170 | $94,110 |
| Terre Haute, IN | 150 | $79,520 |
| Muncie, IN | 110 | $92,400 |
| Kokomo, IN | 70 | $63,640 |
| Michigan City-La Porte, IN | 70 | $93,330 |
Top States for Financial Managers Employment
The table below shows the states where most Financial Managers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 81,350 | $139,240 |
| New York | 42,460 | $194,820 |
| Illinois | 40,040 | $126,020 |
| Texas | 39,580 | $129,320 |
| Massachusetts | 33,880 | $130,180 |
| Florida | 29,050 | $114,190 |
| New Jersey | 21,340 | $157,490 |
| Ohio | 19,980 | $118,100 |
| Georgia | 17,840 | $127,830 |
| Pennsylvania | 17,730 | $138,980 |
| Tennessee | 15,870 | $95,970 |
| Connecticut | 15,750 | $144,500 |
| North Carolina | 15,730 | $131,610 |
| Minnesota | 15,610 | $121,210 |
| Virginia | 15,180 | $147,710 |
| Michigan | 14,760 | $116,300 |
| Washington | 13,010 | $123,430 |
| Maryland | 12,550 | $137,820 |
| Arizona | 11,400 | $103,910 |
| Iowa | 8,630 | $100,280 |
Below are the states where Financial Managers get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $194,820 |
| New Jersey | $157,490 |
| Delaware | $152,180 |
| District of Columbia | $150,550 |
| Virginia | $147,710 |
| Colorado | $146,000 |
| Connecticut | $144,500 |
| California | $139,240 |
| Pennsylvania | $138,980 |
| Maryland | $137,820 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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