Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Indianapolis, IN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Indianapolis, IN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$78,000 vs $92,000
Better Purchasing Power
✓ Indianapolis, IN
$86,667 vs $74,194
Best Take-Home (COL-Adj)
✓ Indianapolis, IN
$77,558 vs $68,555
2
Detailed Comparison
| Metric | Indianapolis, IN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $78,000 | $92,000▲ | -$14,000 |
| 25th Percentile | $58,000 | $68,000▲ | -$10,000 |
| 75th Percentile | $102,000 | $120,000▲ | -$18,000 |
| 90th Percentile | $131,000 | $155,000▲ | -$24,000 |
| Cost of Living Index | 90 | 124 | -34 |
| State Income Tax | 3.15% | 0%▲ | +3.15% |
| COL-Adjusted Median | $86,667▲ | $74,194 | +$12,473 |
| Est. Annual Take-Home | $69,802 | $85,008▲ | -$15,206 |
| COL-Adj. Take-Home | $77,558▲ | $68,555 | +$9,003 |
| Total Employment | 7,000 | 9,000 | -2,000 |
▲ = Higher value wins for this metric. Diff = Indianapolis, IN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $14,000 more (median: $78,000 vs $92,000). However, after adjusting for cost of living (index 90 vs 124), Indianapolis, IN provides better purchasing power ($86,667 vs $74,194 equivalent). Austin, TX has no state income tax, which is a significant advantage.
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Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.