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Average Computer and Mathematical Occupations Salary in Indianapolis-Carmel-Greenwood, IN

In the Indianapolis-Carmel-Greenwood, IN metropolitan area, professionals in Computer and Mathematical Occupations earn an average annual salary of $94,210. This figure is notably below the national average of $119,220, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business in the region influence compensation levels for these critical roles.

Executive Summary

  • Average Salary: $94,210 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $139,990.
  • Outlook: The Indianapolis-Carmel-Greenwood, IN region supports a substantial workforce of 32,110 individuals in Computer and Mathematical Occupations. With a Location Quotient of 0.87, the concentration of these jobs is slightly below the national average, indicating a mature but not overly saturated market. The presence of nearly 30 jobs per 1,000 workers signifies consistent demand and a healthy employment landscape for tech professionals.
2024 Market Data

Salary Overview

$94,210

The average Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN earns-21.0%below the national average.

BreakdownBased on 40h/week
Hourly

$45.3

Weekly

$1,812

Monthly

$7,851

Computer and Mathematical Occupations Salary Distribution in Indianapolis-Carmel-Greenwood, IN

Salary progression within Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while mid-career and senior roles, particularly those requiring specialized skills or leadership, see significant increases. The percentile gaps between different experience levels highlight clear opportunities for career advancement and substantial earning potential for seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$50,600$24.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$70,658$34
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$86,820$41.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$117,763$56.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$139,990$67.3

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$94,210

Gross Pay

Real Wage (Purchasing Power)

$94,210

Adjusted for COL (100)

The average annual salary of $94,210 in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral in terms of cost of living adjustments, though specific lifestyle choices can still impact individual budgets.

Job Market Context

32,110

Total Jobs

29.273

Per 1K Jobs

0.87

Location Quotient

Below Average

Indianapolis-Carmel-Greenwood, IN has 0.87x the national average concentration of Computer and Mathematical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.87 for Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN suggests that the region has a slightly lower concentration of these jobs compared to the national average. This indicates a competitive market where demand is present but not overwhelmingly dense, offering a balanced environment for job seekers and employers alike. It implies that while opportunities exist, professionals may need to be strategic in their job search.

Nearby Job Markets

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN is $94,210. This typically ranges from $50,600 for entry-level positions to $139,990 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 21.0% lower than the national median of $119,220.

Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Computer and Mathematical Occupationss?

No, not when compared to the national average.While the average salary of $94,210 is substantial, it falls below the national average of $119,220. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Computer and Mathematical Occupations?

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 ($72,670) and Southern Indiana nonmetropolitan area.

How does the Indianapolis tech salary compare to the national average?

The average salary for Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN is $94,210, which is lower than the national average of $119,220.

What is the cost of living in Indianapolis-Carmel-Greenwood, IN?

The Cost of Living Index for Indianapolis-Carmel-Greenwood, IN is 100, which is exactly the national average.

How concentrated are tech jobs in Indianapolis?

The concentration of Computer and Mathematical Occupations in Indianapolis-Carmel-Greenwood, IN, measured by a Location Quotient of 0.87, is slightly below the national average.

What is the total workforce size for tech roles in Indianapolis?

There are 32,110 individuals employed in Computer and Mathematical Occupations within the Indianapolis-Carmel-Greenwood, IN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 32,110 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 29.273 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.