2026 Salary Data ยท Indianapolis, IN

Associate Product Manager Salary in Indianapolis

How much does a Associate Product Manager make in Indianapolis? Salary data, top employers, and career insights for Associate Product Managers in the Indianapolis area.

$106K
Median Total Comp
-15%
vs National Avg
low
Cost of Living
300+
Product Roles

How Much Does a Associate Product Manager Make in Indianapolis?

The median Associate Product Manager salary in Indianapolis is $106K, which is 15% below the national average in absolute terms. However, the low cost of living (index: 90 vs 100 national average) means purchasing power is strong. Indianapolis's moderate job market has approximately 300+ open product roles.

Indianapolis's cost-of-living index is 90 (vs 100 national average), making it one of the more affordable metros. A $106K salary here has the purchasing power of roughly $118K in an average-cost city. This strong purchasing power is a key reason PMs relocate from higher-cost markets.

$77K$149K
P25-P75 Median

AI Specialization Premium in Indianapolis

Standard APM
$106K
$89K - $132K
AI-Specialized APM
$125K
$105K - $156K

Associate Product Managers with AI/ML experience earn a 18% premium in Indianapolis. While Indianapolis's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

Associate Product Manager Salary by Company Type in Indianapolis

FAANG / Big Tech
$138K
+30%
Pre-IPO Unicorn
$122K
+15%
Growth Startup (B/C)
$106K
Baseline
Enterprise / Fortune 500
$111K
+5%
Early Startup (Seed/A)
$90K
-15%
Agency / Consulting
$85K
-20%

Top Employers for Associate Product Managers in Indianapolis

SalesforceAngie's List (Angi)GenesysInfosysEli LillyFormstack

Indianapolis has a growing SaaS scene anchored by Salesforce's marketing cloud division and Angi. Eli Lilly drives healthtech opportunities. One of the most affordable major metros in the US.

B2B SaaS (General)Healthcare / HealthtechE-commerce / Marketplace

Other Product Roles in Indianapolis

Associate Product Manager Salary in Other Cities

Frequently Asked Questions

How much does a Associate Product Manager make in Indianapolis?+
The median total compensation for a Associate Product Manager in Indianapolis is $106K, with the 25th to 75th percentile range spanning $89K to $132K. This is 15% below the national average of $125K.
What companies hire Associate Product Managers in Indianapolis?+
Top employers for Associate Product Managers in Indianapolis include Salesforce, Angie's List (Angi), Genesys, Infosys, Eli Lilly. Indianapolis has a growing SaaS scene anchored by Salesforce's marketing cloud division and Angi.
Is Indianapolis a good city for Associate Product Managers?+
Indianapolis has a moderate product job market with approximately 300+ open product roles. The cost of living is low. Strong industries include B2B SaaS (General), Healthcare / Healthtech, E-commerce / Marketplace.
How does Associate Product Manager salary in Indianapolis compare to other cities?+
Indianapolis pays 15% below the national average for Associate Product Managers. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Columbus, Chicago, Louisville, Detroit.
Do Associate Product Managers in Indianapolis earn more with AI experience?+
Yes. The AI specialization premium for Associate Product Managers in Indianapolis is 18%, bringing the median from $106K to $125K. While Indianapolis's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.