Financial Profile: Indiana
Financial landscape, tax rates, cost of living, and median income scoring for Indiana residents.
Indiana at a Glance
Avg Salary
$52,000
Cost of Living
90
Top Tax Rate
3.0%
Adjusted Income
$57,777
Monthly Take-Home
$3,515
Max Rent (30%)
$1,299
Financial Genome at Median Income
Scores calculated for someone earning $52,000/yr in Indiana with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in Indiana: Financial Overview
Indiana has a flat 3.05% state tax, but most counties add local taxes of 1-3.5%.
- Low state tax rate
- County taxes vary widely
- Affordable living
Major Cities
Indianapolis, Fort Wayne, Evansville, South Bend
With a cost of living index of 90 (below the national average of 100), your dollar goes further in Indiana. A $60,000 salary here has the purchasing power equivalent of $66,666 in an average-cost area.
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