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salary information

Salary Information for a Paralegal in Indianapolis, IN

Median salary:

This data reflects Total Cash for a Level 5 Paralegal at a mid-size company. To get more detailed information on total compensation for the role of Paralegal in Indianapolis, IN, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Paralegal in Indianapolis, IN?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Paralegal in Indianapolis, IN?

Legal administrative assistant. Prepares legal documentation and research as directed by corporate attorneys.

What are the characteristics of a level 5 Paralegal?

A level 5 Paralegal in Indianapolis, IN possesses a wide range of experience, and is looked to as a thought leader. Their work affects design, quality and timeline of entire product or service. Average experience 11 years.

Paralegal

Benchmark Role

Individual Contributor

Job Type

Paralegal

Job Family

Legal

Job Area

Quality of Life in Indianapolis, IN for a Salary of $125,850

Cost of Living

  • Overall Affordability: Indianapolis boasts a relatively low cost of living compared to the national average, making a salary of $125,850 quite comfortable.
  • Essentials: Groceries, utilities, and transportation costs are below the national median, contributing to increased disposable income.
  • Income vs. Expenses: With an income significantly above the city's median household income, individuals have substantial flexibility in managing expenses and savings.

Housing Market

  • Home Prices: The median home price in Indianapolis is considerably lower than the national median, offering affordable housing options.
  • Variety of Options: The city provides a diverse range of housing, from urban apartments to suburban homes, catering to different lifestyle preferences.
  • Investment Opportunity: The real estate market is stable, presenting valuable opportunities for property investment and home ownership.

Quality of Life

  • Lifestyle: Residents enjoy a mix of urban and suburban living, with a wide array of dining, cultural, and sports activities.
  • Community and Safety: Some neighborhoods are known for their community spirit and safety, enhancing overall living conditions.
  • Recreation: Abundant parks and recreational facilities contribute to an active and healthy lifestyle for residents.

Access to Healthcare

  • Healthcare Facilities: Indianapolis is home to several top-tier hospitals and healthcare providers, ensuring access to quality medical care.
  • Healthcare Costs: Medical expenses generally align with the state averages, making healthcare relatively affordable with adequate insurance coverage.

Quality of K-12 Schools

  • Educational Institutions: The city offers a range of public and private schools, with some districts receiving high ratings for academic performance and extracurricular programs.
  • Opportunities for Growth: Various initiatives focus on improving educational standards and providing students with diverse learning opportunities.

Summary

Living in Indianapolis with an annual salary of $125,850 provides a high quality of life due to the city's moderate cost of living and affordable housing market. This income allows for comfortable living, with room for savings and investments. The city offers a balanced lifestyle with ample recreational and cultural opportunities, while also maintaining good access to healthcare and education, making it a desirable place for families and professionals alike.

See salary information for the Paralegal role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Indianapolis, IN, specifically for a Level 5 Paralegal. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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