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map Indiana's Income & Taxes

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