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map Indiana's Income & Taxes

Median Income from the American Comm. Survey (2023 dollars)Household
Adj. Income
RankFamily
Adj. Income
Rank
2023$69,47738$87,85141
2022$69,53439$87,98737
2021$70,55438$89,10837
2019$68,65438$88,04836
2018$67,64435$85,12235
% Change 2018 to 2023 2.7%303.2%31

Source: U.S. Census Bureau, ACS

Median Household Income from the Current Pop. Survey (2023 dollars)Adj. ValueRank
2023$76,91035
2022$72,91335
2021$78,92829
2020$78,65129
2019$79,48729
2018$72,67533
2017$73,18330
2016$71,21433
2015$66,82834
2014$61,85838
2013$64,68632
2012$61,25838
2011$60,20541
2010$64,72833
2000$72,30929
1995$66,74928
1990$62,77736
% Change 1990 to 2023 22.5%16

Source: U.S. Census Bureau

Quarterly Earnings and Income over Time 2024 Adjusted Dollars
(Millions of dollars, seasonally adjusted)
Earnings by Place of Work
Adj. ($000,000)
RankPersonal Income by
Place of Residence
Adj. ($000,000)
Rank
2024:4306,198,81520445,008,63019
2024:3302,794,12520441,205,42519
2024:2304,891,29419442,098,58819
2024:1302,608,75219438,820,04719
2023:4303,747,07820439,875,53619
2023:3300,844,74820434,847,54319
2023:2296,570,43520430,853,05919
2023:1293,771,33920425,043,82019
2022:4301,196,61120442,333,84619
2022:3301,816,29920433,345,69220
2022:2296,504,30320427,777,66819
2022:1294,424,13719424,056,82519
2021:4313,242,68320450,471,70319
2021:3305,144,52220444,609,75619
2021:2299,547,21320440,948,72120
2021:1289,869,22920471,004,39219
2020:4301,000,02120431,074,03819
2020:3291,280,22520427,857,34519
2020:2267,491,50020436,885,84320
2020:1288,806,80619407,392,14419
% Change 2020:1 to 2024:46.0%259.2%26

Source: U.S. Bureau of Economic Analysis

Per Capita Personal IncomeNumberRankPercent of U.S.
Per Capita Income - 2024 $63,8023888.1%
Per Capita Income - 2014 (adj. for inflation)$53,9583888.0%
Per Capita Income - 2004 (adj. for inflation)$50,9093589.7%
Per Capita Income - 1994 (adj. for inflation)$45,0792794.3%
10-Year % change18.2%20
20-Year % change25.3%29
30-Year % change41.5%42

Source: U.S. Bureau of Economic Analysis

Personal Income in 2024Amount
($000)
5-Year Adj. % ChangeRank
Total Earnings by Place of Work$304,123,2587.7%22
Minus:     Contributions for government social insurance$34,395,8498.2%23
  Personal contributions for government social insurance$18,998,8699.3%22
  Employer contributions for government social insurance$15,396,9806.9%23
Plus:       Adjustment for residence$9,237,4673.9%24
Equals:    Net Earnings by Place of Residence$278,964,8767.5%21
Plus:       Dividends, rent, interest$70,510,12312.2%28
Plus:       Transfer payments$92,308,18418.1%20
Equals:   Personal Income by Place of Residence$441,783,18310.3%22

Source: U.S. Bureau of Economic Analysis (*adj = Adjusted for Inflation)

Annual Earnings and Income over Time 2024 Adjusted DollarsEarnings by Place of Work
Adj. ($000)
RankPersonal Income by
Place of Residence
Adj. ($000)
Rank
2024304,123,25819441,783,18319
2023298,733,40020432,654,99019
2022298,485,33820431,878,50819
2021301,950,91220451,758,64319

Source: U.S. Bureau of Economic Analysis

State and Local Revenue in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Revenue
Rank
General$82,462,24117100.0% $12,04833
  Intergovernment$25,378,9511530.8%20$3,70829
  Own-Source$57,083,2901869.2%32$8,34031
    Total Tax$39,393,9041847.8%31$5,75632
      Property Tax$8,599,6732110.4%37$1,25639
      General Sales Tax$10,389,2021612.6%20$1,51826
      Individual Income Tax$12,950,6951415.7%13$1,89217
      Corporate Net Income Tax$1,539,543181.9%29$22537
      Other Taxes$5,914,791217.2%35$86440
    Total Charges$13,369,0191516.2%17$1,95318
    Own-Source General$4,320,367225.2%36$63137

Source: Rockefeller Institute of Government, U.S. Census Bureau

State and Local Expenditures in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Expenditure
Rank
General$69,343,23519100.0% $10,13138
  Intergovernment$1,165160.0%7$014
  Direct$69,342,07019100.0%1$10,13138
    Elementary and Secondary Ed.$13,118,5601918.9%37$1,91742
    Public Welfare$19,521,2331628.2%12$2,85222
    Higher Ed.$6,789,583179.8%15$99227
    Health and Hospitals$7,249,5141610.5%19$1,05920
    Corrections$1,284,937211.9%27$18841
    Police$1,817,599232.6%44$26648
    Highways$4,013,823165.8%24$58636
    Interest$1,288,612201.9%26$18834
    Other$14,258,2092220.6%39$2,08341

Source: Rockefeller Institute of Government, U.S. Census Bureau

Local Revenue in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Revenue
Rank
General$36,230,35018100.0% $5,29333
  Intergovernment$14,640,7211640.4%19$2,13922
  Own-Source$21,589,6291759.6%32$3,15434
    Total Tax$10,301,6102628.4%45$1,50543
      Property Tax$8,583,7752023.7%34$1,25437
      General Sales Tax$226390.0%38$038
      Individual Income Tax$1,201,65873.3%7$1767
      Other Taxes$515,951311.4%43$7542
    Total Charges$9,434,0181026.0%5$1,37812
    Own-Source General$1,854,001145.1%14$27119

Source: Rockefeller Institute of Government, U.S. Census Bureau

Local Expenditures in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Expenditure
Rank
General$32,802,51118100.0% $4,79336
  Intergovernment$24,539230.1%20$427
  Direct$32,777,9721899.9%19$4,78936
    Elementary and Secondary Ed.$13,118,5601940.0%33$1,91741
    Public Welfare$26,493410.1%47$448
    Health and Hospitals$6,188,593918.9%6$90411
    Corrections$527,860181.6%18$7723
    Police$1,470,136244.5%41$21548
    Highways$1,214,317213.7%34$17738
    Interest$1,007,692173.1%13$14722
    Other$9,224,3211828.1%24$1,34828

Source: Rockefeller Institute of Government, U.S. Census Bureau

State Revenue in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Revenue
Rank
General$60,030,80717100.0% $8,77129
  Intergovernment$24,537,1461340.9%19$3,58523
  Own-Source$35,493,6611759.1%32$5,18630
    Total Tax$29,092,2941748.5%16$4,25020
      Property Tax$15,898290.0%27$232
      General Sales Tax$10,388,9761417.3%11$1,51814
      Individual Income Tax$11,749,0371419.6%17$1,71719
      Corporate Net Income Tax$1,539,543172.6%30$22536
      Other Taxes$5,398,840189.0%34$78933
    Total Charges$3,935,001256.6%38$57537
    Own-Source General$2,466,366264.1%40$36041

Source: Rockefeller Institute of Government, U.S. Census Bureau

State Expenditures in 2022Value
($000)
RankPercent
Distribution
RankPer Capita
Expenditure
Rank
General$49,420,31018100.0% $7,22036
  Intergovernment$12,856,2121726.0%21$1,87830
  Direct$36,564,0981874.0%30$5,34237
    Public Welfare$19,494,7401539.4%6$2,84820
    Higher Ed.$6,789,5831313.7%9$99219
    Health and Hospitals$1,060,921352.1%49$15549
    Corrections$757,077221.5%42$11147
    Police$347,463190.7%28$5133
    Highways$2,799,506125.7%19$40925
    Interest$280,920250.6%43$4144
    Other$5,033,8882610.2%41$73547

Source: Rockefeller Institute of Government, U.S. Census Bureau

Unemployment Insurance Tax in 2024NumberRank
Wage Base$9,50035
New Employer Rate %2.50%
Minimum Rate0.50%12
Maximum Rate7.40%21

Note: For Rhode Island and Nebraska, ranges are provided for the wage base. Please refer to the most recent significant provisions of state unemployment insurance laws at https://oui.doleta.gov/unemploy/statelaws.asp for more details.
Source: U.S. Department of Labor