Salary Overview for Indiana
The median individual income in Indiana is $33,960 per year, while the mean (average) individual income is $43,530. The median household income is $67,173.
Cost of Living Adjusted Salary
Indiana's cost of living index is 90 (national average = 100). This means the median salary of $33,960 in Indiana has the purchasing power of approximately $37,733 at the national average cost of living. Your dollar goes further in Indiana than in most states.
Minimum Wage in Indiana
The current minimum wage in Indiana is $7.25/hour, which equals approximately $15,080 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Indiana minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Indiana
- Indiana University Health
- Eli Lilly
- Salesforce
Major Industries in Indiana
- Manufacturing
- Healthcare
- Agriculture
Tax Rates in Indiana
See the full tax breakdown including income tax, sales tax, property tax, and more on our Indiana tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Indiana after federal and state taxes.