Project Manager Salary in Indianapolis
2026 compensation data for Project Manager positions in Indianapolis, IN. Ranges from $51,000 (entry-level) to $138,000 (senior). Median: $85,000.
Median (Mid)
$85,000
$40.87/hr
vs National
-2%
US: $87,000
COL Index
95
vs US avg = 100
Senior Max
$138,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $51,000 | $61,000 | $74,000 | $29.33/hr |
| Mid-Level (3–5 yrs) | $69,000 | $85,000 | $101,000 | $40.87/hr |
| Senior (6+ yrs) | $97,000 | $116,000 | $138,000 | $55.77/hr |
What Your Salary Is Really Worth in Indianapolis
A mid-level project manager earning $85,000 in Indianapolis has the same buying power as $89,000 in an average US city, after adjusting for the local cost of living (COL index 95).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Project Manager Salaries in Indianapolis
The median project manager salary in Indianapolis, IN is $85,000 for mid-level professionals, which is 2% below the national median. With a cost of living index of 95 (national average = 100), Indianapolis offers an affordable cost of living, making these salaries stretch further.
Entry-level project managers in Indianapolis can expect to earn between $51,000 and $74,000 (about $29.33/hour), while senior professionals with 6+ years of experience earn up to $138,000 ($138K annually, or about $66.35/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Indianapolis.
Frequently Asked Questions: Project Manager Salary in Indianapolis
What is the average Project Manager salary in Indianapolis?+
The average Project Manager salary in Indianapolis is $85,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $61,000 and senior-level pay reaches $116,000.
How much does an entry-level project manager make in Indianapolis?+
Entry-level project managers in Indianapolis earn between $51,000 and $74,000, with a median of $61,000 per year (about $29.33/hour).
What is the hourly rate for a Project Manager in Indianapolis?+
Based on a 2,080-hour work year, a Project Manager in Indianapolis earns roughly $29.33/hour at entry-level, $40.87/hour at mid-level, and $55.77/hour at senior-level.
Is the Project Manager salary in Indianapolis higher than the US average?+
Project Manager salaries in Indianapolis are about 2% below the US national median. The lower cost of living often makes take-home buying power competitive.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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