Franklin vs Indianapolis: Elementary School Teacher Salary (2026)
Compare elementary school teacher salaries between Franklin, IN and Indianapolis, IN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Franklin, IN | Indianapolis, IN |
|---|---|---|
| Median Salary | $59,046 | $61,103▲ |
| Hourly Rate | $28.39 | $29.38▲ |
| Entry Level (P10) | $44,737 | $49,601▲ |
| 25th Percentile | $52,972▲ | $50,450 |
| 75th Percentile | $74,047 | $75,018▲ |
| Top Earner (P90) | $91,521▲ | $80,633 |
| Total Employed | 6 | 8,610▲ |
Verdict
Indianapolis, IN offers better overall compensation for elementary school teachers, winning 3 out of 4 metrics compared to Franklin.
The salary gap between Franklin and Indianapolis is $2,057 (3.48%). Indianapolis's median is -5.41% compared to the US national median of $64,597.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Franklin spans $46,784,Indianapolis spans $31,032. Franklin has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Franklin ($64,673 effective) pays 1.29% more than Indianapolis ($63,851 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Franklin if…
- ✓Better top-earner potential ($91,521)
- ✓Better purchasing power (CoL-adjusted: $64,673)
- ✓You prefer the Indiana area and lifestyle
Choose Indianapolis if…
- ✓Higher median salary ($61,103/year)
- ✓Larger job market (8,610 employed)
- ✓You prefer the Indiana area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, elementary school teacher salaries in Franklin grew 12.3% from 2024 to 2025, compared to 17.1% growth in Indianapolis over the same period.
Franklin, IN
$52,058 (2024) → $58,473 (2025)
Indianapolis, IN
$51,690 (2019) → $60,510 (2025)
View Full Salary Data
Franklin, IN
Indianapolis, IN
Frequently Asked Questions
Which city pays elementary school teachers more: Franklin or Indianapolis?
What is the hourly rate difference between Franklin and Indianapolis?
Should I relocate from Franklin to Indianapolis as a elementary school teacher?
What do entry-level elementary school teachers earn in Franklin vs Indianapolis?
Written by Jordan Lee, M.Ed.
Career Analyst
Jordan Lee has over 10 years of experience in elementary education. They focus on curriculum development and teaching methodologies. Their experience includes working in public schools.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 0.98% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, M.Ed., a licensed elementary school teacher with 10+ years of clinical experience. · View source data at BLS.gov