Indiana: Main-> Income and Taxes-> All Income and Taxes Topics

Median Income from the American Comm. Survey (2008 dollars) Household Adj. Income Rank Family Adj. Income Rank 2008 $47,966 33 $59,380 34 2007 $49,270 31 $59,951 33 2006 $48,479 31 $59,573 30 2005 $48,499 27 $59,616 27 2004 $48,093 27 $59,572 26 2003 $49,224 25 $60,072 25 2002 $50,153 24 $60,904 23 2001 $50,714 23 $61,446 23 2000 $51,005 23 $61,428 22 % Change 2000 to 2008 -6.0% 48 -3.3% 48 Source: U.S. Census Bureau

Median Household Income from the Current Pop. Survey (2008 dollars) Adj. Value Rank 2008 $46,520 35 2000 $51,094 29 1995 $47,165 28 1990 $44,359 36 % Change 1990 to 2008 4.9% 22 Source: U.S. Census Bureau

Quarterly Earnings and Income Over Time 2009 Adjusted Dollars (Millions of dollars, seasonally adjusted at annual rates) Earnings by Place of Work adj. ($000,000) Rank Personal Income by Place of Residence adj. ($000,000) Rank 2009:2 154,396 20 216,845 19 2009:1 156,282 20 215,660 19 2008:4 161,578 20 218,394 19 2008:3 162,406 20 218,760 18 2008:2 162,131 20 219,185 18 2008:1 163,679 19 217,470 18 2007:4 167,321 19 222,796 18 2007:3 165,248 19 219,990 18 2007:2 164,887 19 218,894 18 2007:1 164,069 18 217,738 18 2006:4 167,310 18 221,593 17 2006:3 165,873 18 220,110 17 2006:2 165,426 18 218,152 16 2006:1 164,917 17 215,366 16 % Change 2006:1 to 2009:2 -6.4% 48 0.7% 44 Source: U.S. Bureau of Economic Analysis

Per Capita Personal Income Number Rank Percent of U.S. Per capita income - 2008 $34,605 41 86.1% Per capita income - 1998 (adj. for inflation) $33,245 32 92.3% Per capita income - 1988 (adj. for inflation) $28,071 32 89.4% Per capita income - 1978 (adj. for inflation) $26,252 27 96.4% 10-year % change 4.1% 48   20-year % change 23.3% 44   30-year % change 31.8% 46   Source: US Bureau of Economic Analysis

Personal Income in 2008 Amount ($000) 5-Year adj. % Change Rank Total Earnings by Place of Work $164,097,852 -0.8% 49 Minus:     Contributions for government social insurance $18,842,730 3.6% 47   Personal contributions for government social insurance $9,999,698 4.9% 48   Employer contributions for government social insurance $8,843,032 2.1% 43 Plus:       Adjustment for residence $4,619,083 13.4% 14 Equals:    Net Earnings by Place of Residence $149,874,205 -1.0% 49 Plus:       Dividends, rent, interest $32,713,871 3.5% 49 Plus:       Transfer payments $38,081,926 23.1% 19 Equals:   Personal Income by Place of Residence $220,670,002 3.2% 49 Source: US Bureau of Economic Analysis (*adj = Adjusted for Inflation)

Annual Earnings and Income Over Time 2008 Adjusted Dollars Earnings by Place of Work adj. ($000) Rank Personal Income by Place of Residence adj. ($000) Rank 2008 164,097,852 20 220,670,002 18 2007 167,060,331 19 222,086,536 18 2006 167,565,813 18 221,026,751 16 2005 166,592,541 17 215,622,708 16 Source: U.S. Bureau of Economic Analysis

State and Local Revenue in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Revenue Rank General $41,686,722 16 100.0%   $6,579 41   Intergovernment $8,131,973 19 19.5% 34 $1,283 44   Own-Source $33,554,749 17 80.5% 17 $5,296 38     Total Tax $21,111,365 19 50.6% 34 $3,332 41       Property Tax $6,146,902 19 14.7% 31 $970 36       General Sales Tax $5,423,501 16 13.0% 21 $856 28       Individual Income Tax $5,219,047 17 12.5% 26 $824 30       Corporate Net Income Tax $987,111 15 2.4% 20 $156 25       Other Taxes $3,334,804 22 8.0% 43 $526 47     Total Charges $7,508,786 15 18.0% 8 $1,185 21     Own-Source General $4,934,598 14 11.8% 13 $779 23 Source: Rockefeller Institute of Government, U.S. Census Bureau State and Local Expenditures in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Expenditure Rank General $41,793,695 16 100.0%   $6,596 37   Intergovernment $0 24 0.0% 9 $0 14   Direct $41,793,695 16 100.0% 1 $6,596 37     Elementary and Secondary Ed. $10,004,993 16 23.9% 20 $1,579 34     Public Welfare $7,112,951 17 17.0% 22 $1,123 32     Higher Ed. $4,599,222 15 11.0% 21 $726 27     Health and Hospitals $3,673,298 17 8.8% 17 $580 22     Corrections $974,616 21 2.3% 35 $154 38     Police $1,109,484 23 2.7% 43 $175 46     Highways $2,425,963 19 5.8% 38 $383 43     Interest $1,699,764 15 4.1% 22 $268 31     Other $10,193,404 17 24.4% 25 $1,609 28 Source: Rockefeller Institute of Government, U.S. Census Bureau

Local Revenue in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Revenue Rank General $14,600,869 19 100.0%   $2,304 35   Intergovernment $423,728 28 2.9% 51 $67 51   Own-Source $14,177,141 18 97.1% 1 $2,238 33     Total Tax $7,103,332 21 48.7% 43 $1,121 39       Property Tax $6,141,475 16 42.1% 21 $969 32       General Sales Tax $0 36 0.0% 36 $0 36       Individual Income Tax $603,442 7 4.1% 7 $95 7       Corporate Net Income Tax $0 12 0.0% 6 $0 6       Other Taxes $358,415 30 2.5% 41 $57 42     Total Charges $4,390,413 13 30.1% 12 $693 20     Own-Source General $2,683,396 10 18.4% 1 $424 9 Source: Rockefeller Institute of Government, U.S. Census Bureau Local Expenditures in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Expenditure Rank General $23,684,031 16 100.0%   $3,738 26   Intergovernment $0 1 0.0% 1 $0 1   Direct $23,684,031 16 100.0% 1 $3,738 26     Elementary and Secondary Ed. $10,004,993 16 42.2% 30 $1,579 33     Public Welfare $521,413 15 2.2% 16 $82 15     Higher Ed. $918 32 0.0% 31 $0 31     Health and Hospitals $2,959,263 10 12.5% 11 $467 13     Corrections $370,647 19 1.6% 24 $58 25     Police $879,966 24 3.7% 50 $139 45     Highways $766,787 22 3.2% 41 $121 42     Interest $834,086 17 3.5% 24 $132 23     Other $7,345,958 17 31.0% 13 $1,159 17 Source: Rockefeller Institute of Government, U.S. Census Bureau

State Revenue in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Revenue Rank General $27,261,244 18 100.0%   $4,303 37   Intergovernment $7,883,636 18 28.9% 27 $1,244 37   Own-Source $19,377,608 18 71.1% 24 $3,058 36     Total Tax $14,008,033 19 51.4% 21 $2,211 36       Property Tax $5,427 31 0.0% 30 $1 33       General Sales Tax $5,423,501 14 19.9% 11 $856 17       Individual Income Tax $4,615,605 19 16.9% 25 $728 34       Corporate Net Income Tax $987,111 15 3.6% 19 $156 24       Other Taxes $2,976,389 18 10.9% 32 $470 38     Total Charges $3,118,373 15 11.4% 18 $492 30     Own-Source General $2,251,202 18 8.3% 30 $355 34 Source: Rockefeller Institute of Government, U.S. Census Bureau State Expenditures in 2007 Value ($000) Rank Percent Distribution Rank Per Capita Expenditure Rank General $26,281,664 18 100.0%   $4,148 37   Intergovernment $8,172,000 18 31.1% 16 $1,290 26   Direct $18,109,664 17 68.9% 35 $2,858 38     Elementary and Secondary Ed. $0 25 0.0% 15 $0 20     Public Welfare $6,591,538 17 25.1% 20 $1,040 31     Higher Ed. $4,598,304 13 17.5% 6 $726 16     Health and Hospitals $714,035 33 2.7% 46 $113 48     Corrections $603,969 21 2.3% 38 $95 45     Police $229,518 16 0.9% 16 $36 26     Highways $1,659,176 16 6.3% 32 $262 34     Interest $865,678 16 3.3% 18 $137 25     Other $2,847,446 20 10.8% 32 $449 36 Source: Rockefeller Institute of Government, U.S. Census Bureau

Unemployment Insurance Tax in 2004 Number Rank Wage Base $7,000 42 New Employer Rate % 2.70%   Minimum Rate 0.10% 37 Maximum Rate 5.50% 37 Source: U.S. Bureau of Labor Statistics

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States IN Profile provides current federal statistics on a variety of demographic and economic indicators. Read "About the Profile" for the best understanding of the data, ranks and computations. This profile is produced by STATS Indiana, a web service of the Indiana Business Research Center at the Indiana University Kelley School of Business. Major support for this effort is provided by the State of Indiana through the Indiana Department of Workforce Development. Updated: November 20, 2009 at 14:27