Low cost and great infrastructure come together in the Crossroads of America, but the state loses on health care.
Indiana Score and Ranking
Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
---|---|---|---|---|
Cost of Doing Business | 263 | 9 | 4 | A- |
Infrastructure | 246 | 3 | 1 | A- |
Life, Health & Inclusion | 130 | 41 | -- | F |
Workforce | 126 | 43 | 29 | F |
Economy | 144 | 21 | 17 | B- |
Business Friendliness | 136 | 12 | 4 | B+ |
Access to Capital | 96 | 24 | 21 | C |
Technology & Innovation | 91 | 25 | 30 | C+ |
Education | 69 | 36 | 32 | D+ |
Cost of Living | 62 | 10 | 9 | A- |
Overall | 1363 | 19 | 11 | -- |
Economic Profile
Governor: Eric Holcomb, Republican
Population: 6,754,953
GDP growth (Q1 2021): 6.8%
Unemployment rate (May 2021): 4%
Top corporate tax rate: 5.25%
Top individual income tax rate: 3.23%
Gasoline tax: 42.16 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: Wal-Mart, St. Vincent Health, Eli Lilly and Company
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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence