Average Project Manager Salary in Indianapolis, IN

The average Project Manager in Indianapolis, IN earns $71,980 per year. See how this compares to the national average and what it means for your budget.

Average Salary
$71980
Median Salary
$62370
vs. National
8.2% below
Real Pay (COL-adjusted)
$75217

“Real pay” adjusts the average for Indianapolis’s cost of living (Regional Price Parity 95.696, U.S. average = 100) — what this salary is worth in national-average dollars.

What Project Managers actually earn in Indianapolis

The spread from entry-level (10th percentile) to top earners (90th), from BLS wage data.

10th (entry) $38750
25th $48010
Median $62370
75th $79360
90th (top) $116270

1720 Project Managers employed in the Indianapolis metro.

Can a Project Manager afford a home in Indianapolis?

Max home price under the 28% rule (housing ≤ 28% of gross), 10% down, 6.7% 30-yr rate. Median Indianapolis home: $207000.

Earnings levelSalaryMax homeMedian home?
Entry (10th)$38750$15568975%
Median$62370$250590Yes
Top (90th)$116270$467149Yes

What’s this salary worth in another city?

What you earn (or want to compare)

Take-home pay for a Project Manager in Indianapolis

Estimated pay after federal, FICA, and IN state taxes (2026). Prefilled with the local average — adjust for your situation.

Estimate only — not tax advice. Tax year 2026, federal + FICA + state (single or married filing jointly). Excludes local/city income taxes (e.g., NYC, Philadelphia) and individual credits. See our methodology.

Indianapolis at a glance

Population882043
Median household income$62995
Median home value$207000
Median rent$1112/mo
Cost of living (RPP, U.S.=100)95.696
Bachelor’s degree or higher21.7%
Poverty rate15.4%

In Indianapolis, IN, Project Managers earn a median of $62,370 a year — about 20% below the U.S. median of $78,400. Among the 50 metros tracked here for this role, that ranks #29.

What that pay is worth in Indianapolis

Local prices run 96 on the BEA cost-of-living index (U.S. = 100), so a $71,980 salary stretches further than the sticker number — about $75,217 in national-average buying power.

Can Project Managers afford a home in Indianapolis?

A typical Indianapolis home runs about $207,000 — 2.9 times the average Project Manager salary, very affordable against the classic 3x rule of thumb. Median rent near $1,112/mo takes roughly 19% of gross pay — within the 30% comfort line.

The Project Manager pay ladder in Indianapolis

Entry-level (10th percentile) Project Managers earn about $38,750; the top 10% reach $116,270 — a $77,520 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.

The Project Manager job market in Indianapolis

Indianapolis employs roughly 1,720 Project Managers. It’s a sizable local market to build a career in.

Compare Indianapolis with other cities

See the full Project Manager salary by city ranking to weigh Indianapolis against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.

Frequently asked questions

How much do Project Managers make in Indianapolis?

The average Project Manager in Indianapolis, IN earns about $71,980 per year, 8.2% below the national average of $78,400.

What is the take-home pay for Project Managers in Indianapolis after taxes?

After federal and IN taxes, this $71,980 salary is worth about $57,344 a year - roughly $4,778 a month in take-home pay, an effective tax rate near 20%.

What do the highest-paid Project Managers earn in Indianapolis?

The top 10% of Project Managers in Indianapolis earn about $116,270 a year, versus about $38,750 for the bottom 10%.

Can Project Managers afford a home in Indianapolis?

A typical Indianapolis home runs about $207,000 - roughly 2.9x this salary, within reach by the classic 3x rule of thumb.

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