IndianaScore and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 197 | 35 | 48 | D+ |
INFRASTRUCTURE | 253 | 5 | 1 | A- |
ECONOMY | 248 | 9 | 10 | B |
LIFE, HEALTH & INCLUSION | 113 | 44 | 43 | D- |
COST OF DOING BUSINESS | 212 | 5 | 2 | A |
TECHNOLOGY & INNOVATION | 151 | 22 | 23 | C+ |
BUSINESS FRIENDLINESS | 100 | 22 | 18 | C |
EDUCATION | 49 | 45 | 35 | D+ |
ACCESS TO CAPITAL | 33 | 13 | 13 | B- |
COST OF LIVING | 45 | 3 | 9 | A+ |
OVERALL | 1401 | 13 | 14 |
Economic Profile
Governor: Eric Holcomb, RepublicanÂ
Population: 6,883,037
GDP growth (Q1 2023): 1%
Unemployment rate (May 2023): 3.10%
Top corporate tax rate: 4.90%
Top individual income tax rate: 3.15%
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