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map Indiana's Income & Taxes

Per Capita Personal IncomeNumberRankPercent of U.S.
Per Capita Income - 2023 $61,2433987.7%
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 % change18.7%26
20-Year % change25.6%32
30-Year % change43.6%41

Source: U.S. Bureau of Economic Analysis

Personal Income in 2023Amount
($000)
5-Year Adj. % ChangeRank
Total Earnings by Place of Work$290,174,8697.9%24
Minus:     Contributions for government social insurance$32,792,8198.9%25
  Personal contributions for government social insurance$18,090,52210.1%26
  Employer contributions for government social insurance$14,702,2977.4%26
Plus:       Adjustment for residence$8,898,90412.0%21
Equals:    Net Earnings by Place of Residence$266,280,9547.9%21
Plus:       Dividends, rent, interest$67,826,04012.3%31
Plus:       Transfer payments$86,152,69218.4%21
Equals:   Personal Income by Place of Residence$420,259,68610.6%26

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
2023298,733,40020432,654,99019
2022298,485,33820431,878,50819
2021301,950,91220451,758,64319
2020287,144,63820425,802,34319

Source: U.S. Bureau of Economic Analysis