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Indiana Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 257 | 9 | 5 | A- |
| WORKFORCE | 224 | 14 | 35 | C |
| ECONOMY | 201 | 19 | 9 | C |
| QUALITY OF LIFE | 78 | 49 | 44 | F |
| COST OF DOING BUSINESS | 210 | 5 | 5 | A |
| TECHNOLOGY & INNOVATION | 149 | 20 | 22 | B- |
| BUSINESS FRIENDLINESS | 171 | 4 | 22 | B+ |
| EDUCATION | 39 | 46 | 45 | D+ |
| ACCESS TO CAPITAL | 51 | 14 | 13 | B- |
| COST OF LIVING | 40 | 5 | 3 | A- |
| OVERALL | 1420 | 11 | 13 |
Economic Profile
Governor: Eric Holcomb, Republican
Population: 6,862,199
GDP growth (Q1 2024): 0.1%
Unemployment rate (May 2024): 3.7%
Top corporate tax rate: 4.9%
Top individual income tax rate: 3.05%
Gasoline tax: 68.19 cents/gallon
Bond rating (Moody's/S&P): Aaa, Stable/AAA, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
