Accounts Payable/Inventory Specialist Salary in Indiana

How much does an Accounts Payable/Inventory Specialist make in Indiana? As of September 01, 2026, the average salary for an Accounts Payable/Inventory Specialist in Indiana is $56,929 per year, which breaks down to an hourly rate of $27.

However, an Accounts Payable/Inventory Specialist's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $63,531
  • Majority Range (25th-75th percentile): $51,181 to $60,385
  • Entry-Level (10th percentile): $45,947

Key Factors That Influence Accounts Payable/Inventory Specialist Salaries

An Accounts Payable/Inventory Specialist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Accounts Payable/Inventory Specialist Salaries?

Experience is a primary driver of an Accounts Payable/Inventory Specialist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $53,131
  • Early Career (1-2 years): $53,644
  • Mid-Level (2-4 years): $54,670
  • Senior-Level (5-8 years): $56,210
  • Expert (over 8 years): $57,409
Job RoleYears of ExperienceAverage Salary
Entry Level Accounts Payable/Inventory Specialist less than 1 year $53,131
Early Career Level Accounts Payable/Inventory Specialist 1-2 years $53,644
Mid-Level Level Accounts Payable/Inventory Specialist 2-4 years $54,670
Senior-Level Level Accounts Payable/Inventory Specialist 5-8 years $56,210
Expert Level Accounts Payable/Inventory Specialist over 8 years $57,409

Top Paying Cities for Accounts Payable/Inventory Specialist

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Galveston: $55,351
  • Gas City: $55,230
  • Grass Creek: $55,287

Accounts Payable/Inventory Specialist Salary by Industry: Top Paying Sectors

For Accounts Payable/Inventory Specialist roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Software & Networking sectors offer the strongest compensation, at 20% above the average. In contrast, Accounts Payable/Inventory Specialist positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Accounts Payable/Inventory Specialist as a support function rather than a direct revenue driver.

The top paying industries for an Accounts Payable/Inventory Specialist

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals $68,315 $33.0 20%
Software & Networking $68,315 $33.0 20%
Insurance $65,469 $31.0 15%
Biotechnology $62,622 $30.0 10%
Energy & Utilities $62,622 $30.0 10%

Accounts Payable/Inventory Specialist Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Accounts Payable/Inventory Specialist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$51,181
Average $56,929/year
$60,385
$4,265
Average $4,744/month
$5,032
$984
Average $1,095/week
$1,161
$25
Average $27/hour
$29
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $60,385 $5,032 $1,161 $29
Average $56,929 $4,744 $1,095 $27
25th Percentile $51,181 $4,265 $984 $25

Find Your Next Accounts Payable/Inventory Specialist Job

Ready to take the next step in your career? Browse thousands of current Accounts Payable/Inventory Specialist job openings on our job board. Use the search bar below to find your perfect match.

  • iRiS Recruiting Solutions | Charlestown, IN

    iRiS Recruiting Solutions | Charlestown, IN

    Accounts Payable Specialist. 📍 Charlestown, IN area. 💰 $50,000–$65,000. If you know your way around high-volume AP and enjoy being the person who keeps i... more

    5 Days Ago

  • Taylored Systems | Noblesville, IN

    Taylored Systems | Noblesville, IN

    Job Description. Job Description. Description.   . Job Summary. The Accounts Receivable Specialist is responsible for managing customer billing, collection... more

    5 Days Ago

  • CertaSite | Indianapolis, IN

    CertaSite | Indianapolis, IN

    Job Description. Job Description. ROLE OVERVIEW. We are looking for an Accounts Receivable Specialist to work out of our Indianapolis office. This is a ful... more

    5 Days Ago

  • LHH Talent | Indianapolis, IN

    LHH Talent | Indianapolis, IN

    LHH Talent - - Responsibilities: Generate and distribute customer invoices on time. Apply incoming payments (ACH, wire transfers, and checks). Monitor agin... more

    5 Days Ago

  • Ryan Fireprotection, Inc. | Noblesville, IN

    Ryan Fireprotection, Inc. | Noblesville, IN

    Accounts Payable Specialist Department: Accounting & Finance Location: Noblesville, IN Position Overview: The Accounts Payable Specialist plays an importan... more

    5 Days Ago

  • Good Oil Company, Inc. | Winamac, IN

    Good Oil Company, Inc. | Winamac, IN

    Accounts PayableEmployment Status:Full-time/Non-Exempt (45 hrs per week M-F 8am 5pm)Qualifications:High degree of personal integrity required due to the ac... more

    6 Days Ago

For Employees

Analyze the market and your qualifications to negotiate your salary with confidence.

Get a Salary Increase

Search thousands of open positions to find your next opportunity.

Search Job Openings

For Employers

Individualize employee pay based on unique job requirements and personal qualifications.

Adjust Employee Salary

Get the latest market price for benchmark jobs and jobs in your industry.

Price My Industry Jobs

Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst