Indiana Score and Ranking
CATEGORYÂ | 2022 SCOREÂ | 2022 RANK | 2021 RANKÂ | 2021 GRADEÂ |
---|---|---|---|---|
WORKFORCE | 168 | 48 | 43 | D- |
INFRASTRUCTURE | 274 | 1 | 3 | A+ |
COST OF DOING BUSINESS | 251 | 2 | 9 | A+ |
ECONOMY | 215 | 10 | 21 | B |
LIFE, HEALTH & INCLUSION | 102 | 43 | 41 | F |
TECHNOLOGY & INNOVATION | 135 | 23 | 25 | C+ |
BUSINESS FRIENDLINESS | 119 | 18 | 12 | C+ |
EDUCATION | 76 | 35 | 36 | C- |
ACCESS TO CAPITAL | 30 | 13 | 24 | C+ |
COST OF LIVING | 42 | 9 | 10 | A- |
OVERALL | 1412 | 14 | 19 |
Economic Profile
Governor: Eric Holcomb, Republican
Population: 6,805,985
GDP growth (Q1 2022): -1.6%
Unemployment rate (May 2022): 2.2%
Top corporate tax rate: 4.9%
Top individual income tax rate: 3.23%
Gasoline tax: 49.79 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 (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence