Industrial Engineers Salary in Indianapolis-Carmel-Greenwood, IN
Industrial Engineers in Indianapolis-Carmel-Greenwood, IN make a median of $97,780 a year, or about $47.01 an hour. The range runs from $67K at the entry level to $135K for experienced workers. Adjusted for local prices (RPP 95.7), that's roughly $102,173 in purchasing power. Rent on a 2-bedroom averages $1,473/month, or 23.4% of estimated take-home pay.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $98K get you in Indianapolis-Carmel-Greenwood?
About industrial engineers
Compensation breakdown
Annual earnings by percentile, Indianapolis-Carmel-Greenwood, IN
Entry-level industrial engineers (10th percentile) start around $67K. Mid-career wages sit at $98K.Top earners bring in $135K or more - a $68K spread from bottom to top.
Industrial Engineers pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Alaska | $143K | +41% | 230 |
| Louisiana | $127K | +26% | 2,000 |
| Oregon | $125K | +23% | 5,950 |
| California | $123K | +22% | 25,830 |
| Wyoming | $123K | +21% | 220 |
| Washington | $120K | +18% | 6,800 |
| New Mexico | $119K | +18% | 750 |
| District of Columbia | $119K | +18% | 130 |
| Delaware | $119K | +17% | 740 |
| Idaho | $112K | +11% | 1,430 |
| Rhode Island | $110K | +9% | 880 |
| Arizona | $110K | +9% | 7,320 |
| Maryland | $110K | +8% | 3,650 |
| Massachusetts | $108K | +7% | 10,650 |
| West Virginia | $105K | +3% | 890 |
Track industrial engineers salary changes
BLS updates this data quarterly. We'll email you when Indianapolis-Carmel-Greenwood numbers change.
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Frequently asked questions
How much do industrial engineers make in Indianapolis-Carmel-Greenwood, IN?
The median is $97,780 a year - that works out to about $47.01 an hour. The range is wide: entry-level workers start around $66,940, and experienced industrial engineers can clear $134,700. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $98K enough to live in Indianapolis-Carmel-Greenwood?
On that salary, you'd take home roughly $6,183/month after taxes. A 2-bedroom here rents for about $1,473/month (HUD Fair Market Rent), which eats 23.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a industrial engineers salary go in Indianapolis-Carmel-Greenwood?
Indianapolis-Carmel-Greenwood has a Regional Price Parity of 95.7 (100 is the national average). That's below average - your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median industrial engineers salary is worth about $102,173 in national-average purchasing power.
Where do industrial engineers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.