Study: Indy Tech Salaries Higher Than Other Professions

Posted: Updated:
(Image courtesy of Purdue University.) (Image courtesy of Purdue University.)

A new report shows tech salaries in the Indianapolis metropolitan area far outweigh those in other sectors. The study from says the area has an average tech salary of just over $82,000, compared to an average salary of more than $49,000 for all other occupations. The website used the most recent data from the U.S. Bureau of Labor Statistics for 100 metropolitan statistical areas.

The Indy area's average tech salary for 2018 is a nearly 3 percent increase over the previous year and ranks 60th out of the 100 MSAs surveyed. Lauren Petersen, senior director of relationship management for TechPoint, says the numbers are an indication of the city's growing tech community.

"What's even more exciting for us is that, on a side note, some of the data that we're leveraging from SmartAsset actually puts Indiana as its tech careers not having a gender pay gap, too, so there are other indicators not associated with this direct report that are those secondary indicators that are certainly most promising to use," said Petersen. "As it relates to cost of living, we've even leveraged some of NerdWallet's cost of living calculators to put more of a reality filter on those salaries that are indicated in this specific report and when you look at some of the larger metros, it's really exciting for Indianapolis."

Petersen says the cost of living in central Indiana is 79 percent lower than San Francisco, 66 percent lower than Seattle and 65 percent lower than New York City. In Minneapolis, which had the highest average tech salary in the Midwest at more than $92,000, the cost of living is 14 percent higher than Indianapolis.

Petersen cites a recent CompTIA survey, which she says suggests the two largest factors when tech employees are considering moving are cost of living and housing affordability. "What's promising for us is that Indiana wins in this scenario because we're at that perfect intersection of great available jobs and cost of living."

Last week, TechPoint launched a pilot initiative along with Indianapolis-based TMap LLC to find top tech talent and bring them to Indianapolis. Peterson says one of the goals of the program is to overcome a perception in Indy of a lack of tech density.

You can view the full rankings of the top tech salaries in the U.S. by clicking here

Peterson says the numbers are an indication of the city's growing tech community.
  • Perspectives

    • Take Time to Face Reality

      When is the last time that you as a business owner truly stopped for 30 minutes or an hour and truly took some quiet time to reflect on your business? Like most owners, it’s probably been quite some time. We all get busy doing things, working hard, taking care of customers, running the business. But if we don’t take some time each day, week, month or quarter to slow down, we are setting ourselves up for failure. Business leaders and owners need the time to slow down to...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • (Image provided by the Capital Improvement Board.)

      Indy Alters Plans for Downtown Hotels

      The city of Indianapolis has announced plans to change the framework for a major project in downtown Indy that has sparked controversy. The $120 million project, announced in October 2018, calls for an expansion of the Indiana Convention Center and two new hotels at Pan Am Plaza, which would add about 1,400 rooms. The project has drawn criticism from a group of hoteliers, who have expressed concern of a potential oversaturation in downtown Indy. Indianapolis Mayor Joe Hogsett issued...

    • (photo courtesy Butler University)

      'Banner Year' for Butler Fundraising

      Butler University is celebrating what it calls a ‘banner year’ for its fundraising efforts. As Fiscal Year 2019 ended, the university had received $41.4 million from 15,823 donors. Butler says it was the second-highest fundraising total over the past decade. “This level of generosity demonstrates the incredible loyalty of our alumni, faculty, staff, and community, and the commitment we share to advancing Butler’s mission of providing the highest quality liberal...

    • Shelly Timmons

      IU Health Names New Leader of Neurosurgery

      The Indiana University School of Medicine and IU Health Physicians have named Shelly Timmons to lead the department of neurosurgery. She previously served at Penn State Health Milton S. Hershey Medical Center as vice chair for administration in the department of neurosurgery and director of neurotrauma.  

    • (Photo Courtesy: Roche Diagnostics)

      Roche VP on List of Influential Women Executives

      An executive with Roche Diagnostics has joined an exclusive list of prominent and influential women, including Oprah Winfrey and Serena Williams.  Cindy Carlisle, Vice President of Human Resources at Roche Indy, was named to Savoy Magazine’s 2019 Most Influential Women in Corporate America. 

    • Bank of America Merrill Lynch Adds Mar

      Bank of America Merrill Lynch has named Lucia Mar as senior vice president and the newly created position of Indiana market executive for Global Commercial Banking. She most recently served as market manager for the Greater Tennessee market in business banking. Prior to becoming a market manager, Mar was a senior relationship manager with the healthcare and institutions team.