Product Manager Salary in Indianapolis, IN

IQ Team
Written by IQ Team
IQ Team
Published March 24, 2022
Estimated reading time: 7 minutes
Table of contents

$122,625

Average Base Salary

$131,305

Average Total Compensation

Min: $71K
Max: $157K
Base Salary
Median: $134K
Mean (Average): $123K
Data points: 8
Min: $25K
Max: $191K
Total Compensation
Median: $173K
Mean (Average): $131K
Data points: 8
The average base salary for a Product Manager in Indianapolis, IN is $122,625
based on 8 data points.
Adjusting the average for more recent salary data points, the average recency weighted base salary is $123,912.

The estimated average total compensation is $131,305
based on 8 data points.
The average recency weighted total compensation is $129,443.

Normalized Product Manager Salaries in Indianapolis, IN


Average total compensation
0% - Low
15%85%
Cost of living
0% - Low
15%85%
Years of experience
0% - Low
15%85%

The average base salary for Product Manager in Indianapolis, IN is in the top 44% compared to all other cities salaries.

The average base salary for Product Manager in Indianapolis, IN is $122,625 while the average Product Manager base salary is $160,656.

If we normalize the salaries in Indianapolis, IN by the cost of living, then the average base salary for Product Manager in Indianapolis, IN is in the top 64% compared to all other cities.

If we normalize the salaries in Indianapolis, IN by the years of experience, then the average base salary for Product Manager in Indianapolis, IN is in the top 48% compared to all other cities.

Product Manager Salary in Indianapolis, IN by Seniority Levels

Manager*
$130K
Manager
Median: $130K
Mean (Average): $130K
Data points: 1
Senior
$87K
$161K
Senior
Median: $136K
Mean (Average): $130K
Data points: 6
Mid-Level*
$70K
Mid-Level
Median: $70K
Mean (Average): $70K
Data points: 1
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Seniority can increase the pay of a Product Manager in Indianapolis, IN. Here are the base salaries of a Product Manager in Indianapolis, IN grouped into 3 seniority categories.

Product Manager Salary in Indianapolis, IN Compared to other Positions

Product Manager
$71K
$157K
Product Manager
Median: $134K
Mean (Average): $123K
Data points: 8
Research Scientist
$58K
$136K
Research Scientist
Median: $115K
Mean (Average): $107K
Data points: 111
Software Engineer
$62K
$170K
Software Engineer
Median: $90K
Mean (Average): $100K
Data points: 544
Growth Marketing Analyst*
$60K
$141K
Growth Marketing Analyst
Median: $83K
Mean (Average): $93K
Data points: 4
Machine Learning Engineer*
$81K
$100K
Machine Learning Engineer
Median: $85K
Mean (Average): $89K
Data points: 3
Data Scientist
$57K
$139K
Data Scientist
Median: $76K
Mean (Average): $84K
Data points: 83
Business Intelligence
$60K
$109K
Business Intelligence
Median: $83K
Mean (Average): $83K
Data points: 29
Data Engineer
$61K
$115K
Data Engineer
Median: $77K
Mean (Average): $82K
Data points: 129
Product Analyst
$55K
$96K
Product Analyst
Median: $82K
Mean (Average): $79K
Data points: 8
Data Analyst
$51K
$111K
Data Analyst
Median: $70K
Mean (Average): $73K
Data points: 135
Business Analyst
$50K
$95K
Business Analyst
Median: $65K
Mean (Average): $69K
Data points: 288
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

Most data science positions fall under different position titles depending on the actual role.

From the graph we can see that on average the Product Manager role pays the most with a $122,625 base salary while the Business Analyst role on average pays the least with a $69,150 base salary.

Product Manager Salary in Indianapolis, IN Compared to other Cities

Zurich, Switzerland
$127K
$328K
Zurich, Switzerland
Median: $186K
Mean (Average): $196K
Data points: 13
Omaha, NE
$128K
$272K
Omaha, NE
Median: $180K
Mean (Average): $190K
Data points: 137
San Francisco, CA
$120K
$260K
San Francisco, CA
Median: $180K
Mean (Average): $183K
Data points: 2,283
Memphis, TN
$113K
$218K
Memphis, TN
Median: $178K
Mean (Average): $169K
Data points: 28
New York, NY
$100K
$230K
New York, NY
Median: $164K
Mean (Average): $164K
Data points: 687
Los Angeles, CA
$99K
$236K
Los Angeles, CA
Median: $153K
Mean (Average): $159K
Data points: 190
Kalamazoo, MI
$130K
$190K
Kalamazoo, MI
Median: $146K
Mean (Average): $158K
Data points: 11
Boise, ID
$139K
$184K
Boise, ID
Median: $145K
Mean (Average): $156K
Data points: 6
Seattle, WA
$108K
$220K
Seattle, WA
Median: $151K
Mean (Average): $155K
Data points: 2,190
Portland, OR
$111K
$213K
Portland, OR
Median: $155K
Mean (Average): $153K
Data points: 42
Austin, TX
$92K
$213K
Austin, TX
Median: $149K
Mean (Average): $152K
Data points: 188
Richmond, VA
$126K
$217K
Richmond, VA
Median: $139K
Mean (Average): $150K
Data points: 23
Raleigh, NC
$85K
$210K
Raleigh, NC
Median: $150K
Mean (Average): $149K
Data points: 26
San Diego, CA
$79K
$226K
San Diego, CA
Median: $150K
Mean (Average): $149K
Data points: 49
Indianapolis, IN
$71K
$157K
Indianapolis, IN
Median: $134K
Mean (Average): $123K
Data points: 8
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)
1
...

The Product Manager salary in Norfolk, VA is the highest paying salary with a $300,000 average base salary. The Product Manager salary in Wroclaw, Poland is the lowest paying salary with $50,000 average base salary.

Top Companies for Product Manager Salaries in Indianapolis, IN

Salesforce
$131K
$162K
Salesforce
Median: $136K
Mean (Average): $141K
Data points: 5
Cummins Inc.*
$132K
Cummins Inc.
Median: $132K
Mean (Average): $132K
Data points: 1
Toyota Motor Corporation*
$70K
Toyota Motor Corporation
Median: $70K
Mean (Average): $70K
Data points: 1
Base salary
Median
Mean (Average)
* = Low confidence (less than 5 data points)

The Product Manager at Salesforce salary is the highest paying salary with a $141,400 average base salary. The Product Manager at Toyota Motor Corporation salary is the lowest paying salary with $70,000 average base salary.
Position salary guides
Business Analyst Salary in Indianapolis, INBusiness Intelligence Salary in Indianapolis, INData Analyst Salary in Indianapolis, INData Engineer Salary in Indianapolis, INData Scientist Salary in Indianapolis, INGrowth Marketing Analyst Salary in Indianapolis, INMachine Learning Engineer Salary in Indianapolis, INProduct Analyst Salary in Indianapolis, INResearch Scientist Salary in Indianapolis, INSoftware Engineer Salary in Indianapolis, IN