Average Security Guards Salary in Indianapolis-Carmel-Greenwood, IN
Security Guards in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $44,040. This figure slightly surpasses the national average of $42,450, indicating a localized premium for these essential roles. Factors such as the specific economic landscape and demand within the metropolitan area contribute to this slightly elevated compensation.
Executive Summary
- Average Salary: $44,040 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,350.
- Outlook: With a local workforce of 8,290 Security Guards, Indianapolis-Carmel-Greenwood, IN demonstrates a significant presence in this sector. The Location Quotient of 0.94 suggests that the concentration of Security Guards is nearly on par with the national average, implying a stable and consistent demand for these professionals within the region.
Salary Overview
The average Security Guards in Indianapolis-Carmel-Greenwood, IN earns+3.7%above the national average.
$21.2
$847
$3,670
Security Guards Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Security Guards in Indianapolis-Carmel-Greenwood, IN have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth influenced by inflation, increased demand for security services, and evolving industry standards.
Security Guards Salary Distribution in Indianapolis-Carmel-Greenwood, IN
The career path for Security Guards typically involves salary progression based on experience and specialization. Entry-level positions may start at the lower end of the pay scale, while senior guards with extensive experience, specialized certifications, or supervisory responsibilities can command significantly higher salaries, with percentile gaps reflecting these advancements.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Cadet / RecruitAcademy training and probationary period. | 10% (Entry) | $31,400 | $15.1 |
| OfficerPatrol duties, handling standard calls. | 25% (Junior) | $33,030 | $15.9 |
| Senior OfficerField training officer, specialized unit. | 50% (Median) | $39,030 | $18.8 |
| Sergeant / Lt.Shift supervisor, squad leader. | 75% (Senior) | $55,050 | $26.5 |
| Captain / ChiefDepartment command and administration. | 90% (Expert) | $69,350 | $33.3 |
Detailed Security Guards Market Analysis
Relocation Context
Nominal Salary
$44,040
Gross Pay
Real Wage (Purchasing Power)
$44,040
Adjusted for COL (100)
The average annual salary of $44,040 in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Security Guard's salary in this metropolitan area is equivalent to the national average, offering a stable financial footing for residents.
Job Market Context
8,290
Total Jobs
7.556
Per 1K Jobs
0.94
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.94x the national average concentration of Security Guards 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 0.94 indicates that the Indianapolis-Carmel-Greenwood, IN market has a concentration of Security Guards that is very close to the national average. This suggests a balanced job market where demand and supply are relatively stable, without significant over- or under-saturation of the workforce.
Nearby Job Markets
Nearby Cities for Security Guards
| City | Salary | Dist. |
|---|---|---|
| Northern Indiana nonmetropolitan area Security Guards Salary | $38,480↓ 13% | 8 mi |
| Southern Indiana nonmetropolitan area Security Guards Salary | $41,100↓ 7% | 8 mi |
| Central Indiana nonmetropolitan area Security Guards Salary | $39,980↓ 9% | 8 mi |
| Columbus, IN Security Guards Salary | $40,120↓ 9% | 41 mi |
| Bloomington, IN Security Guards Salary | $40,840↓ 7% | 47 mi |
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
Hiring Security Guardss?
Frequently Asked Questions
How much does a Security Guards make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Security Guards in Indianapolis-Carmel-Greenwood, IN is $44,040. This typically ranges from $31,400 for entry-level positions to $69,350 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 3.7% higher than the national median of $42,450.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Security Guards?
Yes, it offers competitive compensation.Security Guards in this area earn slightly above the national average salary. Coupled with a cost of living that matches the national average, this makes the area financially favorable for the profession.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Security Guards?
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 ($38,480) and Southern Indiana nonmetropolitan area.
How does the number of Security Guards in Indianapolis compare nationally?
Indianapolis-Carmel-Greenwood, IN has a substantial local workforce of 8,290 Security Guards, indicating a significant presence within the national employment landscape for this role.
What does a Location Quotient of 0.94 mean for Security Guards in Indianapolis?
A Location Quotient of 0.94 signifies that the concentration of Security Guards in Indianapolis-Carmel-Greenwood, IN is nearly the same as the national average, suggesting a stable and balanced job market.
How does the cost of living affect the Security Guard salary in Indianapolis?
With a Cost of Living Index of 100, the average salary of $44,040 in Indianapolis-Carmel-Greenwood, IN provides purchasing power equivalent to the national average, indicating good financial stability.
Are there many job opportunities for Security Guards in Indianapolis?
The metric of 7.556 jobs per 1,000 workers suggests a consistent availability of roles for Security Guards 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 8,290 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 7.556 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Security Guards • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN