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map Indiana's Income & Taxes

Per Capita Personal IncomeNumberRankPercent of U.S.
Per Capita Income - 2023 $60,0383987.6%
Per Capita Income - 2013 (adj. for inflation)$51,5813688.8%
Per Capita Income - 2003 (adj. for inflation)$48,7613590.2%
Per Capita Income - 1993 (adj. for inflation)$42,6622993.1%
10-Year % change16.4%21
20-Year % change23.1%34
30-Year % change40.7%41

Source: U.S. Bureau of Economic Analysis

Personal Income in 2023Amount
($000)
5-Year Adj. % ChangeRank
Total Earnings by Place of Work$289,033,3237.5%21
Minus:     Contributions for government social insurance$32,534,1238.0%26
  Personal contributions for government social insurance$18,092,35810.1%25
  Employer contributions for government social insurance$14,441,7655.5%29
Plus:       Adjustment for residence$8,653,9928.9%27
Equals:    Net Earnings by Place of Residence$265,153,1927.5%20
Plus:       Dividends, rent, interest$65,095,0697.7%28
Plus:       Transfer payments$81,744,29512.3%32
Equals:   Personal Income by Place of Residence$411,992,5568.4%24

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

Annual Earnings and Income over Time 2023 Adjusted DollarsEarnings by Place of Work
Adj. ($000)
RankPersonal Income by
Place of Residence
Adj. ($000)
Rank
2023289,033,32320411,992,55620
2022289,223,31220414,927,63719
2021291,859,81920436,209,82519
2020278,708,92920413,362,95719

Source: U.S. Bureau of Economic Analysis