Average Architectural and Engineering Managers Salary in Indianapolis-Carmel-Greenwood, IN
Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN, earn an average annual salary of $156,880. This figure is notably below the national average of $177,610, suggesting that while the demand exists, local market dynamics and potentially a lower cost of living contribute to this compensation level. The specific economic landscape of the Indianapolis metropolitan area plays a crucial role in shaping these salary expectations.
Executive Summary
- Average Salary: $156,880 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $219,860.
- Outlook: The Indianapolis-Carmel-Greenwood, IN area supports a substantial workforce of 1,660 Architectural and Engineering Managers. With a Location Quotient of 1.11, the concentration of these roles in the region is slightly higher than the national average, indicating a steady demand and a robust job market for professionals in this field. The presence of 1.518 jobs per 1,000 workers further underscores the consistent need for skilled management in architectural and engineering sectors within this locale.
Salary Overview
The average Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN earns-11.7%below the national average.
$75.4
$3,017
$13,073
Architectural and Engineering Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN have experienced growth over the past four years, mirroring national trends. Economic expansion, increased project pipelines, and a competitive labor market typically drive upward salary adjustments for experienced professionals in specialized fields.
Architectural and Engineering Managers Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN, is typically marked by significant salary increases with experience. Entry-level positions will command lower salaries, while senior managers with extensive project leadership and a proven track record can expect compensation well above the average. The percentile gaps in salary distributions clearly signify the substantial rewards associated with advancing through the ranks and accumulating expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $102,160 | $49.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $117,660 | $56.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $156,820 | $75.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $196,100 | $94.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $219,860 | $105.7 |
Detailed Architectural and Engineering Managers Market Analysis
Relocation Context
Nominal Salary
$156,880
Gross Pay
Real Wage (Purchasing Power)
$156,880
Adjusted for COL (100)
The average annual salary of $156,880 for Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for professionals considering relocation to or residing within this metropolitan area.
Job Market Context
1,660
Total Jobs
1.518
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Indianapolis-Carmel-Greenwood, IN has a slightly higher-than-average concentration of Architectural and Engineering Managers roles compared to the national norm.
With a Location Quotient of 1.11, the Indianapolis-Carmel-Greenwood, IN market shows a slightly higher concentration of Architectural and Engineering Managers compared to the national average. This suggests a healthy and active job market where demand is present and potentially growing, offering good opportunities for both job seekers and employers. The market is neither oversaturated nor scarce, indicating a balanced environment for these specialized professionals.
Nearby Job Markets
Nearby Cities for Architectural and Engineering Managers
| City | Salary | Dist. |
|---|---|---|
| Northern Indiana nonmetropolitan area Architectural and Engineering Managers Salary | $136,100↓ 13% | 8 mi |
| Southern Indiana nonmetropolitan area Architectural and Engineering Managers Salary | $131,500↓ 16% | 8 mi |
| Central Indiana nonmetropolitan area Architectural and Engineering Managers Salary | $134,880↓ 14% | 8 mi |
| Columbus, IN Architectural and Engineering Managers Salary | $170,610↑ 9% | 41 mi |
| Bloomington, IN Architectural and Engineering Managers Salary | $155,400↓ 1% | 47 mi |
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Architectural and Engineering Managers make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN is $156,880. This typically ranges from $102,160 for entry-level positions to $219,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 11.7% lower than the national median of $177,610.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Architectural and Engineering Managerss?
Yes, with a caveat.While the average salary of $156,880 is below the national average, the cost of living is also at the national average, making it a financially stable location. The slightly above-average concentration of jobs (LQ 1.11) indicates good market demand.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Architectural and Engineering Managers?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($136,100) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary for Architectural and Engineering Managers in Indianapolis-Carmel-Greenwood, IN is $156,880, which is lower than the national average of $177,610.
What is the cost of living in Indianapolis-Carmel-Greenwood, IN?
The cost of living index in Indianapolis-Carmel-Greenwood, IN is 100, which is exactly the national average.
How many Architectural and Engineering Managers work in Indianapolis-Carmel-Greenwood, IN?
There are approximately 1,660 Architectural and Engineering Managers employed in the Indianapolis-Carmel-Greenwood, IN area.
Is there high demand for these roles in Indianapolis?
Yes, the Location Quotient of 1.11 indicates a slightly higher concentration of these jobs than the national average, suggesting consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,660 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 1.518 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Architectural and Engineering Managers • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN