2026 Salary Data ยท Indianapolis, IN

Director of Product Salary in Indianapolis

How much does a Director of Product make in Indianapolis? Salary data, top employers, and career insights for Directors of Product in the Indianapolis area.

$315K
Median Total Comp
-15%
vs National Avg
low
Cost of Living
300+
Product Roles

How Much Does a Director of Product Make in Indianapolis?

The median Director of Product salary in Indianapolis is $315K, 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 $315K salary here has the purchasing power of roughly $350K in an average-cost city. This strong purchasing power is a key reason PMs relocate from higher-cost markets.

$208K$476K
P25-P75 Median

AI Specialization Premium in Indianapolis

Standard Director
$315K
$242K - $404K
AI-Specialized Director
$384K
$295K - $493K

Directors of Product with AI/ML experience earn a 22% premium in Indianapolis. While Indianapolis's AI ecosystem is still growing, companies here pay the premium to attract AI-experienced PMs.

Director of Product Salary by Company Type in Indianapolis

FAANG / Big Tech
$410K
+30%
Pre-IPO Unicorn
$362K
+15%
Growth Startup (B/C)
$315K
Baseline
Enterprise / Fortune 500
$331K
+5%
Early Startup (Seed/A)
$268K
-15%
Agency / Consulting
$252K
-20%

Top Employers for Directors of Product 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

Director of Product Salary in Other Cities

Frequently Asked Questions

How much does a Director of Product make in Indianapolis?+
The median total compensation for a Director of Product in Indianapolis is $315K, with the 25th to 75th percentile range spanning $242K to $404K. This is 15% below the national average of $370K.
What companies hire Directors of Product in Indianapolis?+
Top employers for Directors of Product 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 Directors of Product?+
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 Director of Product salary in Indianapolis compare to other cities?+
Indianapolis pays 15% below the national average for Directors of Product. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Columbus, Chicago, Louisville, Detroit.
Do Directors of Product in Indianapolis earn more with AI experience?+
Yes. The AI specialization premium for Directors of Product in Indianapolis is 22%, bringing the median from $315K to $384K. While Indianapolis's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.