Operations Research Analysts Salary
Operations Research Analysts in Indianapolis-Carmel-Greenwood, IN make a median of $86,660 a year, or about $41.66 an hour. The range runs from $60K at the entry level to $156K for experienced workers. Adjusted for local prices (RPP 95.7), that's roughly $90,554 in purchasing power. Rent on a 2-bedroom averages $1,473/month, or 26.4% of estimated take-home pay.
So what does $87K get you in Indianapolis-Carmel-Greenwood?
Groceries, utilities, transportation, and healthcare scaled from national averages by Indianapolis-Carmel-Greenwood’s Regional Price Parity (95.7). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About operations research analysts
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What this looks like in Indianapolis-Carmel-Greenwood
Operations research analysts pay in Indianapolis-Carmel-Greenwood tracks closely to the national median, $87K locally vs. $89K nationwide, a 3% difference. Rent runs $1,473/month for a 2-bedroom (HUD FMR), taking 26.5% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 95.7) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for operations research analysts in metros near Indianapolis-Carmel-Greenwood, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Lafayette-West Lafayette | $87K | $93K |
| Fort Wayne | $68K | $73K |
| Springfield | $64K | $70K |
| Chicago-Naperville-Elgin | $87K | $84K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Indianapolis-Carmel-Greenwood, IN
Entry-level operations research analysts (10th percentile) start around $60K. Mid-career wages sit at $87K. Top earners bring in $156K or more, a $96K spread from bottom to top.
Operations Research Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Operations Research Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Colorado | $130K | +46% | 770 |
| Virginia | $129K | +46% | 6,980 |
| Alabama | $116K | +30% | 550 |
| New York | $109K | +22% | 5,890 |
| Ohio | $104K | +17% | 2,600 |
| Idaho | $104K | +16% | 500 |
| Oregon | $102K | +15% | 2,710 |
| California | $102K | +15% | 10,620 |
| Delaware | $101K | +14% | 660 |
| Hawaii | $101K | +13% | 120 |
| Maine | $99K | +12% | 220 |
| Nebraska | $98K | +11% | 330 |
| Washington | $98K | +10% | 3,050 |
| Maryland | $97K | +10% | 4,710 |
| North Carolina | $97K | +9% | 2,520 |
| Connecticut | $97K | +9% | 950 |
| Massachusetts | $97K | +9% | 4,200 |
| District of Columbia | $96K | +8% | 2,250 |
| Minnesota | $96K | +7% | 1,240 |
| Mississippi | $92K | +4% | 120 |
| Kansas | $92K | +3% | N/A |
| Texas | $91K | +2% | 11,890 |
| Utah | $90K | +1% | 810 |
| Illinois | $90K | +1% | 5,180 |
| Vermont | $90K | +1% | 170 |
| Alaska | $89K | -0% | 70 |
| Nevada | $87K | -3% | 370 |
| Indiana | $85K | -4% | 1,380 |
| Kentucky | $84K | -6% | 660 |
| Michigan | $83K | -6% | 980 |
| North Dakota | $82K | -7% | 130 |
| Iowa | $81K | -9% | 300 |
| Montana | $80K | -10% | 150 |
| New Mexico | $80K | -10% | 510 |
| South Carolina | $80K | -10% | 1,380 |
| Pennsylvania | $80K | -10% | 3,220 |
| Rhode Island | $78K | -12% | 360 |
| Florida | $78K | -13% | 9,120 |
| Tennessee | $77K | -14% | 1,200 |
| Georgia | $76K | -14% | 4,600 |
| Arizona | $75K | -15% | 2,600 |
| Wisconsin | $72K | -19% | 4,270 |
| West Virginia | $64K | -28% | 200 |
| Louisiana | $63K | -29% | 550 |
| Missouri | $62K | -30% | 1,190 |
| Oklahoma | $62K | -31% | 1,840 |
| Arkansas | $59K | -34% | 210 |
Showing 1–10 of 47 states with published data
BLS does not publish data for every state when sample sizes are too small
Track operations research analysts salary changes
BLS updates this data quarterly. We'll email you when Indianapolis-Carmel-Greenwood numbers change.
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Frequently asked questions
Can a operations research analyst afford a 2BR apartment alone in Indianapolis-Carmel-Greenwood?
Yes — at the median salary of $87K, rent takes 26.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,473/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for operations research analysts in Indianapolis-Carmel-Greenwood?
The 10th-percentile wage — what new operations research analysts typically earn — is $60K/year. Take-home on that works out to about $3,597/month. At HUD’s $1,473/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is operations research analyst a high-paying job in Indianapolis-Carmel-Greenwood?
Pay here is roughly in line with the national average — $87K locally vs. $89K nationally, a 3% difference.
How does Indianapolis-Carmel-Greenwood compare to the national average for operations research analysts?
Indianapolis-Carmel-Greenwood pays $87K median vs. the U.S. average of $89K — that’s -3%. After adjusting for local cost of living (RPP 95.7), the purchasing-power equivalent is $91K — still ahead of the national median.
How much do operations research analysts make in Indianapolis-Carmel-Greenwood, IN?
The median is $86,660 a year, that works out to about $42 an hour. But the range is wide: entry-level workers start around $59,950, and experienced operations research analysts can clear $156,290. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $87K enough to live in Indianapolis-Carmel-Greenwood?
On that salary, you'd take home roughly $5,559/month after taxes. A 2-bedroom here rents for about $1,473/month, which eats 26.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a operations research analysts 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 operations research analysts salary is worth about $90,554 in national-average purchasing power.
Where do operations research analysts 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.
