Average All Occupations Salary in Indiana
In Indiana, the average annual salary for All Occupations stands at $58,800, which is notably lower than the national average of $67,140. This disparity can be attributed to a confluence of factors, including the state's specific economic drivers, industry concentration, and the overall cost of living, which collectively shape the compensation landscape for its workforce.
Executive Summary
- Average Salary: $58,800 per year.
- Growth Trend: Salaries have shifted 20.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,520.
- Outlook: Indiana boasts a substantial workforce of 3,186,690 individuals, indicating a significant labor market presence. With a Location Quotient of 1.0, the concentration of All Occupations in Indiana mirrors the national average, suggesting a stable and consistent demand for these roles within the state's economy. This equilibrium points to a robust and well-established job market for these positions.
Salary Overview
The average All Occupations in Indiana earns-12.4%below the national average.
$28.3
$1,131
$4,900
All Occupations Salary Trends (2020-2024)
While specific historical data for Indiana's All Occupations is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and inflation. This growth is typically driven by increasing demand for labor, evolving skill requirements, and adjustments to the cost of living, leading to incremental salary increases across most sectors.
All Occupations Salary Distribution in Indiana
Salary progression for All Occupations in Indiana, as in most regions, is strongly correlated with experience. Entry-level positions typically command the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and demonstrated performance in the job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $28,470 | $13.7 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,100 | $21.2 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $46,930 | $22.6 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $73,500 | $35.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $98,520 | $47.4 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$58,800
Gross Pay
Real Wage (Purchasing Power)
$65,333
Adjusted for COL (90)
The average nominal salary of $58,800 in Indiana needs to be viewed through the lens of its Cost of Living Index of 90. Since the index is below the national average of 100, the purchasing power of this salary is relatively stronger within Indiana compared to higher cost-of-living areas. This means that while the absolute salary figure is lower, the effective value of that income may be more favorable for residents.
Job Market Context
3,186,690
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Indiana has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
Indiana's Location Quotient of 1.0 for All Occupations signifies that the state's employment concentration for these roles is precisely in line with the national average. This indicates a balanced job market where the supply and demand for these occupations are neither exceptionally high nor low relative to the rest of the country. Consequently, the market is neither oversaturated nor experiencing a significant shortage, presenting a steady environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN All Occupations Salary | $62,910↑ 7% | 8 mi |
| Kokomo, IN All Occupations Salary | $56,610↓ 4% | 43 mi |
| Columbus, IN All Occupations Salary | $59,930↑ 2% | 48 mi |
| Bloomington, IN All Occupations Salary | $59,030↑ 0% | 49 mi |
| Lafayette-West Lafayette, IN All Occupations Salary | $57,780↓ 2% | 50 mi |
Comparing salaries near Indiana
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Indiana?
The median annual salary for a All Occupations in Indiana is $58,800. This typically ranges from $28,470 for entry-level positions to $98,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 12.4% lower than the national median of $67,140.
Is Indiana a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.Indiana's average salary of $58,800 for All Occupations is below the national average of $67,140. However, its lower cost of living index of 90 can partially offset this difference in purchasing power.
Is Indiana a good place to live for All Occupations?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($62,910) and Kokomo, IN.
How does Indiana's average salary compare to the national average?
Indiana's average annual salary for All Occupations is $58,800, which is $8,340 less than the national average of $67,140.
What is the size of Indiana's workforce for All Occupations?
Indiana has a substantial workforce of 3,186,690 individuals, indicating a large labor pool for various occupations.
Does Indiana have a higher or lower concentration of All Occupations compared to the national average?
Indiana's concentration of All Occupations, measured by its Location Quotient of 1.0, is exactly the same as the national average, suggesting a balanced presence.
How does the cost of living in Indiana affect the average salary?
With a Cost of Living Index of 90 (100 being the national average), Indiana offers a lower cost of living, which means the $58,800 average salary may provide a comparable or even better standard of living than a higher salary in a more expensive state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,186,690 employees in the Indiana area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore All Occupations Salaries by State
Top Jobs in Indiana
- All Occupations Salary in Indiana
- Production Occupations Salary in Indiana
- Transportation and Material Moving Occupations Salary in Indiana
- Office and Administrative Support Occupations Salary in Indiana
- Food Preparation and Serving Related Occupations Salary in Indiana
- Sales and Related Occupations Salary in Indiana
- Healthcare Practitioners and Technical Occupations Salary in Indiana
- Management Occupations Salary in Indiana
- Educational Instruction and Library Occupations Salary in Indiana
- Business and Financial Operations Occupations Salary in Indiana
- Browse All Jobs in Indiana →
Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Indiana