How much does a Product Development Analyst V make in Indianapolis, IN? The average Product Development Analyst V salary in Indianapolis, IN is $161,774 as of August 27, 2024, but the range typically falls between $143,266 and $181,858. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Product Development Analyst V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Product Development Analyst V Salary $126,415 Indianapolis,IN August 27, 2024
25th Percentile Product Development Analyst V Salary $143,266 Indianapolis,IN August 27, 2024
50th Percentile Product Development Analyst V Salary $161,774 Indianapolis,IN August 27, 2024
75th Percentile Product Development Analyst V Salary $181,858 Indianapolis,IN August 27, 2024
90th Percentile Product Development Analyst V Salary $200,145 Indianapolis,IN August 27, 2024
25% $143,266 10% $126,415 90% $200,145 75% $181,858 $161,774 50%(Median) Didn’t find job title? Click
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Job Description for Product Development Analyst V

Product Development Analyst V supports the product lifecycle management of existing products and new product development projects. Researches and monitors competitors' products and client feedback for new ideas for products and service offerings. Being a Product Development Analyst V follows industry developments to identify potential new product opportunities and pricing models. Collaborates with internal teams to evaluate designs for technical feasibility, identify production requirements, and develop marketing plans and roadmap timelines. Additionally, Product Development Analyst V may evaluate product packaging, labeling, and promotional literature designs for compliance with product and safety specifications and regulatory guidelines. Typically requires a bachelor's degree. Typically reports to a manager. The Product Development Analyst V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Product Development Analyst V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Product Development Analyst V in Indianapolis, IN
  • Secure our Nation, Ignite your Future Become an integral part of a diverse team while working at an Industry Leading Organization, where our employees come...
    - 4 Days Ago
  • Secure our Nation, Ignite your Future Become an integral part of a diverse team while working at an Industry Leading Organization, where our employees come...
    - 4 Days Ago
  • FULL RELOCATION PACKAGES ARE OFFERED FOR THIS POSITION. LHH is seeking a Product Development Engineer for a Direct Hire, Permanent Placement position with ...
    - 6 Days Ago
  • FULL RELOCATION PACKAGES ARE OFFERED FOR THIS POSITION. LHH is seeking a Product Development Engineer for a Direct Hire, Permanent Placement position with ...
    - 6 Days Ago
  • Movement Search & Delivery www.movementsearch.com is working with a leader in the commercial vehicle space. Due to growth they have an open Product Manager...
    - 6 Days Ago

Career Path for Product Development Analyst V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Product Development Analyst V, the upper level is Product Development Manager and then progresses to Product Development Senior Manager.

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Product Development Analyst V salary varies from city to city. Compared with national average salary of Product Development Analyst V, the highest Product Development Analyst V salary is in San Francisco, CA, where the Product Development Analyst V salary is 25.0% above. The lowest Product Development Analyst V salary is in Miami, FL, where the Product Development Analyst V salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Product Development Analyst V, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
143266
181858
161774

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
154286
209841
178281
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Product Development Analyst V in Indianapolis, IN. The base salary for Product Development Analyst V ranges from $143,266 to $181,858 with the average base salary of $161,774. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $154,286 to $209,841 with the average total cash compensation of $178,281.
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How much should you be paid?

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143266
181858

 

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About Indianapolis, Indiana    Indianapolis is in the East North Central region of the Midwestern United States, in central Indiana. According to the U.S. Census Bureau, the Indiana....More

Indianapolis, Indiana  area prices were up 1.3% from a year ago    View the Cost of Living in Indianapolis, Indiana

Product Development Analyst V Salary in popular cities: Fort WayneEvansvilleSouth Bend

Skills associated with Product Development Analyst V: Market Analysis, Competitive Intelligence, Product lifecycle management (PLM) software, Product Optimization ...More

Salary estimation for Product Development Analyst V at companies like : Gospel Northwest Bible College & Seminary, Lee County Justice Center, St Francis Memorial Hospital