2026 Salary Data · Indianapolis, IN

Product Analyst Salary in Indianapolis

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

$101K
Median Total Comp
-15%
vs National Avg
low
Cost of Living
300+
Product Roles

How Much Does a Product Analyst Make in Indianapolis?

The median Product Analyst salary in Indianapolis is $101K, 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 $101K salary here has the purchasing power of roughly $112K in an average-cost city. This strong purchasing power is a key reason PMs relocate from higher-cost markets.

$73K$141K
P25-P75 Median

Product Analyst Salary by Company Type in Indianapolis

FAANG / Big Tech
$131K
+30%
Pre-IPO Unicorn
$116K
+15%
Growth Startup (B/C)
$101K
Baseline
Enterprise / Fortune 500
$106K
+5%
Early Startup (Seed/A)
$86K
-15%
Agency / Consulting
$81K
-20%

Top Employers for Product Analysts 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

Chief Product Officer
15+ years
$408K
+304%
VP of Product
12+ years
$344K
+241%
Director of Product
10-15 years
$315K
+212%
Staff Product Manager
8-12 years
$268K
+165%
AI Product Manager
3-7 years
$259K
+156%
Platform Product Manager
5-9 years
$234K
+132%

Product Analyst Salary in Other Cities

Columbus, OH
moderate cost of living
$104K
+3%
Chicago, IL
moderate cost of living
$111K
+10%
Louisville, KY
low cost of living
$100K
-1%
Detroit, MI
moderate cost of living
$104K
+3%
San Francisco, CA
very-high cost of living
$143K
+42%
San Jose, CA
very-high cost of living
$140K
+39%
New York City, NY
very-high cost of living
$137K
+36%

Frequently Asked Questions

How much does a Product Analyst make in Indianapolis?+
The median total compensation for a Product Analyst in Indianapolis is $101K, with the 25th to 75th percentile range spanning $85K to $125K. This is 15% below the national average of $119K.
What companies hire Product Analysts in Indianapolis?+
Top employers for Product Analysts 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 Product Analysts?+
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 Product Analyst salary in Indianapolis compare to other cities?+
Indianapolis pays 15% below the national average for Product Analysts. For comparison, San Francisco pays +20%, New York pays +12%, and Austin is the baseline. Similar markets include Columbus, Chicago, Louisville, Detroit.
Do Product Analysts in Indianapolis earn more with AI experience?+
Yes. The AI specialization premium for Product Analysts in Indianapolis is 12%, bringing the median from $101K to $113K. While Indianapolis's AI ecosystem is still developing, companies here still pay the premium for AI-experienced PMs.
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