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Electrician Salary in Indianapolis, IN

How much does a electrician make in Indianapolis? Explore median, entry-level, and senior salaries adjusted for Indianapolis's cost of living.

Median Salary
$64,120
per year in Indianapolis
Entry Level
$33,003
Starting salary
Senior Level
$89,579
Experienced professionals
Cost of Living
94
6% below national avg

Salary Breakdown by Experience Level

See how electrician salaries break down across different pay periods in Indianapolis.

PeriodEntry LevelMedianSenior
Annual$33,003$64,120$89,579
Monthly$2,750$5,343$7,465
Biweekly$1,269$2,466$3,445
Weekly$635$1,233$1,723
Hourly$16$31$43

Indianapolis vs National Average

How Indianapolis's electrician salaries compare to national figures.

Indianapolis Salary
$64,120
COL Index: 94
National Average
$77,100
COL Index: 100
Difference
-$12,980
Lower in Indianapolis

Cost of Living in Indianapolis

1-Bedroom Rent
$1,200
per month
Median Income
$53,987
per year
Population
876,384
residents
Rent % of Income
26.7%
median household
Cost of Living Index: 94 — A score of 100 represents the U.S. average. Salaries in Indianapolis have been adjusted to account for local cost differences.

About Electrician

Overview

Install, maintain, and repair electrical systems and equipment.

Education

High school diploma; apprenticeship and licensure required

Key Skills

Electrical SystemsWiringSafety CodesProblem Solving

Growth Rate

Expected job growth: +13% over the next decade

Compare Cities: Electrician Salary

See Electrician salaries in other top cities.

New York, NY
$76,450
+19%
Los Angeles, CA
$76,120
+19%
Chicago, IL
$99,540
+55%
Houston, TX
$59,180
-8%
Phoenix, AZ
$59,940
-7%

Financial Tools to Explore

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Electrician Salary in Indianapolis, IN — Complete Guide

Median Salary Overview

The median salary for a electrician in Indianapolis, IN is $64,120 per year, adjusted for the local cost of living index of 94. This figure reflects typical earnings for experienced professionals in this role, considering Indianapolis's unique economic conditions.

Salary Range and Experience Levels

Entry-level electrician professionals in Indianapolis can expect to earn around $33,003 annually. As professionals gain experience, salaries typically increase, with senior-level electricians earning approximately $89,579 per year. This represents a 171% increase from entry to senior level.

Cost of Living Adjustment

Indianapolis's cost of living index of 94 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Indianapolis are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,100, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a electrician's salary in Indianapolis typically goes toward housing. With a 1-bedroom apartment averaging $1,200 per month, housing represents about 22.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Electricians are in growing demand across the United States, with an expected job growth of 13% over the next decade. In Indianapolis, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.