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Average Physical Scientists, All Other Salary in Indianapolis-Carmel-Greenwood, IN

Physical Scientists, All Other in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $69,610. This figure significantly trails the national average of $138,050, suggesting localized economic factors or a different industry mix influence compensation in this region. The specific demand and industry composition within Indianapolis likely contribute to this pay differential.

Executive Summary

  • Average Salary: $69,610 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,140.
  • Outlook: The Indianapolis-Carmel-Greenwood, IN area supports a local workforce of 560 Physical Scientists, All Other. While this represents a modest 0.507 jobs per 1,000 workers, the Location Quotient of 3.46 indicates a notable concentration of these professionals compared to the national average. This suggests a specialized, albeit not overwhelmingly large, demand within the region's economy.
2024 Market Data

Salary Overview

$69,610

The average Physical Scientists, All Other in Indianapolis-Carmel-Greenwood, IN earns-49.6%below the national average.

BreakdownBased on 40h/week
Hourly

$33.5

Weekly

$1,339

Monthly

$5,801

Physical Scientists, All Other Salary Distribution in Indianapolis-Carmel-Greenwood, IN

Career progression for Physical Scientists, All Other typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between the lowest and highest earners often represents substantial professional development and accumulated expertise. Observing the percentile distribution of salaries would reveal the earning potential at different career stages, with higher percentiles indicating greater experience and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$39,510$19
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$52,208$25.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$62,910$30.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$87,013$41.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$103,140$49.6

Detailed Physical Scientists, All Other Market Analysis

Relocation Context

Nominal Salary

$69,610

Gross Pay

Real Wage (Purchasing Power)

$69,610

Adjusted for COL (100)

The average annual salary of $69,610 for Physical Scientists, All Other in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering no immediate advantage or disadvantage in terms of cost of living adjustments.

Job Market Context

560

Total Jobs

0.507

Per 1K Jobs

3.46

Location Quotient

Major Hub

Indianapolis-Carmel-Greenwood, IN has 3.5x the national concentration of Physical Scientists, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 3.46, the Indianapolis-Carmel-Greenwood, IN area exhibits a significantly higher concentration of Physical Scientists, All Other than the national average. This suggests that the region possesses a specialized ecosystem or a particular industry that heavily relies on this expertise, making the job market relatively more abundant for these professionals compared to the rest of the country.

Nearby Job Markets

Hiring Physical Scientists, All Others?

Frequently Asked Questions

How much does a Physical Scientists, All Other make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Physical Scientists, All Other in Indianapolis-Carmel-Greenwood, IN is $69,610. This typically ranges from $39,510 for entry-level positions to $103,140 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 49.6% lower than the national median of $138,050.

Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Physical Scientists, All Others?

No, not compared to the national average.The average salary of $69,610 is substantially lower than the national average of $138,050. However, the cost of living is at the national average, and the concentration of these roles is higher than the national average.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Physical Scientists, All Others?

The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.

How does the Indianapolis salary compare to the national average?

The average salary for Physical Scientists, All Other in Indianapolis is $69,610, which is considerably less than the national average of $138,050.

What is the concentration of Physical Scientists, All Other in Indianapolis?

Indianapolis has a Location Quotient of 3.46 for Physical Scientists, All Other, indicating a concentration significantly higher than the national average.

How does the cost of living in Indianapolis affect the salary?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $69,610 salary has the same purchasing power as the national average salary.

What does the total local workforce size suggest about job availability?

A total local workforce of 560 suggests a moderate presence of these roles, and with 0.507 jobs per 1,000 workers, it indicates a specialized but not overwhelmingly saturated market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.507 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.