Elevator Installers in the Indianapolis area earn a median of $116,520 a year, 8% above the typical U.S. metro. That ranks #25 of 53 metros for elevator installers nationwide.
It's the only Indiana metro with published pay for this trade; see statewide elevator installer pay, including rural areas.
Elevator Installer pay in Indianapolis at a glance
- Elevator installers in the Indianapolis, IN metro earn a median $116,520 a year ($56.02 an hour), #25 of 53 U.S. metros (BLS, May 2025).
- The middle 80% earn between $65,220 and $131,250.
- After local prices, that median buys what $121,761 would in a typical U.S. place (BEA, 2024).
- A typical 1-bedroom rents for $1,313 a month, 14% of the median pay (HUD, FY2027).
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What this means Our calculation
Pay for elevator installers here is about average compared with other U.S. metros, and also about average once local prices are factored in. For the wider job market, unemployment is lower than in most metros (3.4%) and the population is growing faster than most (+5.4% since 2020). On your own, you'd join about 138 one-person building equipment installation businesses averaging $85,978 in revenue, and you'd need to bill roughly $125/hour to match the median salary (at our default assumptions).
Indianapolis scorecard for elevator installers Our calculation
Grades compare Indianapolis with every other U.S. metro for this trade (A = top 20%).
Pay Government data
Pay range
Shaded: the middle half of workers. Grey line: typical U.S. metro ($108,250).
Pay over time
The median pay for elevator installers in the Indianapolis area went from $82,600 in 2020 to $116,520 in 2025, up 41.1%. Prices rose 25% over the same period, so after inflation that's +12.5% — a real raise.
BLS OEWS, May 2020–May 2025; inflation: CPI-U (May to May). Year-to-year changes can include survey noise.
Compared with nearby metros
What the pay is really worth in Indianapolis Our calculation
Prices in Indianapolis run 4% below the U.S. average. Adjusted for that, a median paycheck here buys what $121,761 would in a typical place, ranking #22 of 52 on real pay.
Real pay or rent burden?
Real pay already accounts for housing, because the price index includes rent. Rent burden shows what share of pay a typical 1-bedroom takes. Use either one, not both together.
Want the full picture? Build a cost-of-living budget for Indianapolis from this pay, local rent and prices.
What elevator installers do
Assemble, install, repair, or maintain electric or hydraulic freight or passenger elevators, escalators, or dumbwaiters.
Most important day-to-day tasks
- Inspect wiring connections, control panel hookups, door installations, and alignments and clearances of cars and hoistways to ensure that equipment will operate properly.
- Assemble, install, repair, and maintain elevators, escalators, moving sidewalks, and dumbwaiters, using hand and power tools, and testing devices such as test lamps, ammeters, and voltmeters.
- Disassemble defective units, and repair or replace parts such as locks, gears, cables, and electric wiring.
- Check that safety regulations and building codes are met, and complete service reports verifying conformance to standards.
- Locate malfunctions in brakes, motors, switches, and signal and control systems, using test equipment.
Outlook & getting started
Nationally, elevator installer jobs are projected to grow 5.7% from 2025 to 2035 (all jobs: 3.5%), with about 1,900 openings a year.
What the work is like Government data
How often elevator installers deal with each condition, from surveys of workers in the job.
Getting started usually takes medium preparation (vocational training or an apprenticeship, often 1–2+ years).
O*NET 31.0 Work Context and Job Zones (U.S. Department of Labor), national.
Getting started: registered apprenticeship Government data
Most elevator installers train through a paid apprenticeship: you work and earn under experienced pros while taking classes, and pay usually rises as you progress. 727,586 people were active registered apprentices nationwide in FY2026, up 87% since FY2016, and construction is the largest field with 290,043 of them (40%), according to the U.S. Department of Labor.
Search apprenticeship openings near Indianapolis ↗Find training programs & sponsors ↗
Official U.S. Department of Labor tools at Apprenticeship.gov. Counts: DOL Apprentices by State dashboard, FY2026 (all occupations).
Licensing in Indiana Official source
The main state licensing office in Indiana is the Indiana Professional Licensing Agency. The state licenses plumbers; most other trades are licensed locally. It can point you to the right license for elevator installers.
Official Indiana licensing site ↗
Requirements for elevator installers vary by state and sometimes by city; always confirm with the official agency.
On-the-job safety Government data
Nationally, elevator installers have 101 injuries or illnesses serious enough to miss work per 10,000 full-time workers, 1.2× the rate for all jobs (87). The most common cause is being struck by or caught in objects and equipment.
BLS Survey of Occupational Injuries and Illnesses, 2023–2024 (national, cases with days away from work).
How much work is there? Government data
Local job market
The Indianapolis area's unemployment rate was 3.4% in 2025 (all workers, not just elevator installers), below the typical U.S. metro's 4.1%. It was 3.8% in 2021.
BLS Local Area Unemployment Statistics, annual averages 2021–2025 (2025 preliminary).
Getting to work
The average commute in the Indianapolis area is 26 minutes each way, longer than the typical metro (24 min). 13% of commuters spend 45 minutes or more. 75% drive alone, 1% take transit and 14% work from home (all workers, not just trades).
Census American Community Survey, 2024 1-year estimates (table S0801).
Population
The Indianapolis area's population grew 5.4% from 2020 to 2025 (2,092,783 → 2,205,695), ranking #87 of 387 metros for growth (typical metro +2.5%). People moving in (net +79,587) account for most of the change.
Census Bureau population estimates, July 1 of each year, 2020–2025.
Homes in Indianapolis
The Indianapolis area has about 933,105 homes. 45% were built before 1980 (typical metro 45%), so its housing is about as old as most; 16% were built in 2010 or later. 67% of households own their home, and the median home value is $291,400.
Census American Community Survey, 2024 1-year estimates (table DP04).
New construction
New-home permits in Indianapolis are down 15% from 2021 to 2025 (13,451 → 11,463).
In 2025 the Indianapolis area approved permits for 11,463 new homes (9,322 single-family), or 5.4 per 1,000 residents, ranking #121 of 393 metros.
Competition
In 2024 the area had 138 one-person businesses (no employees) in building equipment installation, averaging $85,978 a year in revenue before expenses. See how Indianapolis compares among the best cities to start an elevator installer business.
They compete with 66 building equipment installation companies that have employees (about 1,333 workers in total). 39% of those companies have fewer than 5 employees.
Working outdoors in Indianapolis Government data
In an average year, Indianapolis has 17 days at 90°F or hotter (fewer than most metros; typical metro 33), 106 nights below freezing (typical 90) and 76 days with a tenth of an inch of rain or more. Summer afternoons average 84°F and winter nights 24°F. That matters for elevator installers: heat and freezes shape the working season and the hours.
NOAA U.S. Climate Normals, 1991–2020 averages, Indianapolis Eagle Creek Airport, IN station. Compare cities on outdoor work weather.
Employee vs. working for yourself Your scenario
A model, not a market rate. It shows the break-even rate to match a $116,520 employee salary once you cover what an employer normally pays for (including the employer half of Social Security and Medicare, 7.65%), then adds your profit margin. Change any number.
Break-even rate
With your profit margin
How this calculator works. Weighing a contractor job against a W-2 one? Try the 1099 vs. W-2 comparison. Billable hours are hours you can charge a customer. Driving, quoting, paperwork and slow weeks aren't billable, which is why 1,400 is a common starting point versus 2,080 paid hours as an employee.
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ToolIndianapolis budgetMonthly take-home, HUD rent and local prices on this pay.About this data
Local to the Indianapolis metro: pay (BLS, May 2025) and pay over time (2020–2025, CPI-adjusted), prices (BEA, 2024), rent (HUD, FY2027), new construction, housing, population and commuting (Census), unemployment (BLS) and business counts (Census, by industry). National: job outlook and training (BLS projections), injury rates (BLS) and duties (O*NET). Jobs are employment estimates, not open positions; grades rank Indianapolis against every other metro for elevator installers. Every source, year and formula is on our data page.