ExecutivePulse
IN

Indiana

Population 6,851,073
6 Sources Updated September 10, 2026
6.9M
Population
334,922,499 U.S.
$71,957
Median Income
$80,734 national
$519.5B
GDP (current $), change real
4%
Unemployment
4.0% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$71,957
Per Capita
$38,351
Mean Household
$95,247
Poverty Rate
12.3%

Age & Race / Ethnicity

Source: Census Bureau ACS 2020-2024 · Table B01001, B02001, B03003
65+: 16.8% (1,147,627 residents) 55-64: 12.5% (858,657 residents) 35-54: 24.7% (1,689,504 residents) 18-34: 22.8% (1,560,864 residents) Under 18: 23.3% (1,594,421 residents) 38 Median Age
Cohorts
Under 18 · 23.3%
18-34 · 22.8%
35-54 · 24.7%
55-64 · 12.5%
65+ · 16.8%
Race & Ethnicity
White77.1%
Black or African American9.2%
Two or More Races7.3%
Some Other Race3.4%
Asian2.6%
American Indian and Alaska Native0.3%
Native Hawaiian and Other Pacific Islander0%
Hispanic or Latino(any race)8.6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
90.4%
High School+
National: 89.6%
+0.8 pts
29.5%
Bachelor's+
National: 35.7%
6.2 pts
10.8%
Graduate+
National: 14.1%
3.3 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
6,851,073
Population
3,472,016
Labor Force
Employed
3,323,528
Unemployment Rate BLS LAUS 2024 annual
4%
2025 is not shown for Indiana: a state annual average needs all 12 months and the Bureau of Labor Statistics has published 11. County pages draw on the separate annual series and may show 2025.
Mean Commute 2 min below national avg
24.1 min
Work From Home vs 15.1% national
10.7%
Labor Force and Employed are ACS 5-Year survey estimates; the Unemployment Rate above comes from BLS LAUS, a separate monthly survey with its own methodology. The two won't reconcile by subtracting one from the other.
Indiana's median household income sits 11% below the national median. At 12.3%, its poverty rate runs 0.2 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 29.5% trails the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2020-2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 6.2 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$519.5B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP2 Regional GDP
93.329
Cost of Living - Below Avg

Top Private-Sector Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual · Private sector only, with government shown below
Top private-sector industries by employment in Indiana, with employment, share of top sectors, and average wage. Government employment is excluded and reported separately below the table.
IndustryEmployment% of Top SectorsAvg Wage
1Manufacturing
517,571 22.5%
$83,998
2Health Care and Social Assistance
459,503 20.0%
$65,157
3Retail Trade
312,658 13.6%
$38,530
4Accommodation and Food Services
271,862 11.8%
$23,989
5Administrative and Support and Waste Management
170,278 7.4%
$48,437
6Transportation and Warehousing
166,493 7.2%
$60,808
7Professional, Scientific, and Technical Services
150,865 6.6%
$96,526
8Finance and Insurance
104,176 4.5%
$98,646
9Other Services (except Public Administration)
95,555 4.1%
$47,078
10Educational Services
54,177 2.4%
$54,828
Government employment · context only
399,677

Public-sector jobs are not in the table above and are not part of any share or location quotient on this page. Both are measured on the private economy only, 2,790,648 private jobs in 2025: every location quotient divides by that total, and the % of Top Sectors column divides by the sectors listed above. Private employment is the standard basis for measuring industry concentration because government employment mostly serves the resident population rather than an outside market. Nothing on this card is expected to add up with the government figure.

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Key Takeaways
  • Largest private-sector industry: Manufacturing employs 517,571 workers (22.5% of the tracked sectors), at an average wage of $83,998. Every industry figure on this page is private sector; government employs a further 399,677 and is counted separately.
  • Economic scale: State GDP of $519.5B (2024).
  • Wage stratification: Finance and Insurance averages $98,646 while Accommodation and Food Services averages $23,989, a 4.1x spread in the same economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP (CAGDP2).

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Chart source: BLS QCEW · broad NAICS supersector · private sector · Location Quotient vs. national private-sector employment share. The same supersector axes appear on every profile, so the shape can be compared across geographies.
Concentrated Industries
List source: BLS QCEW · 3-digit NAICS sub-sector · private sector · Location Quotient vs. national private-sector employment share.
Same source and same private-sector basis as the Top Industries table above. These sit at a finer level than the chart's supersector axes, so the two sets of values are not directly comparable. The sub-sector view surfaces specialization the supersector view masks, such as Primary Metal Manufacturing here.
Primary Metal Manufacturing
5.34x
40,564
Transportation Equipment Manufacturing
3.34x
121,549
Furniture and Related Product Manufacturing
3.10x
21,634
Plastics and Rubber Products Manufacturing
2.58x
37,829
Chemical Manufacturing
2.04x
38,178
Miscellaneous Manufacturing
2.02x
25,910
Machinery Manufacturing
1.97x
44,818
Fabricated Metal Product Manufacturing
1.87x
55,925
Wood Product Manufacturing
1.72x
14,479
Warehousing and Storage
1.69x
67,506
+ 5 more sub-sectors at LQ ≥ 1.5, holding a further 80,079 jobs. See the spider chart for the broader picture.

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, screened against industrial power cost. Source: BLS QCEW · 3-digit NAICS sub-sector
0.05x
Monetary Authorities - Central Bank
21 employed
0.09x
Support Activities for Mining
480 employed
0.11x
Scenic and Sightseeing Transportation
70 employed
0.26x
Support Activities for Agriculture and Forestry
2,045 employed
0.31x
Apparel Manufacturing
518 employed
0.31x
Transit and Ground Passenger Transportation
3,690 employed
0.32x
Air Transportation
3,779 employed
0.36x
Motion Picture and Sound Recording Industries
2,768 employed
Screened on industrial power cost only. Industrial electricity in Indiana costs 8.89¢/kWh against 8.62¢/kWh nationally (2025). Land area and freight access are not assessed at state level. Source: EIA.
Key Takeaways
  • Top specialization: Primary Metal Manufacturing concentrates at 5.34x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
  • Cluster depth: 15 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
Indiana's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$218,200
Median Home Value vs 2019
$1,062
Rent/Mo
70.6%
Owner-Occ
8.8%
Vacancy
3.0x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 92 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026 · Affordability threshold and renter cost burden from Census ACS B25119, B25070
Studio
$948/mo$659 to $1,233
1 Bedroom
$1,044/mo$729 to $1,267
2 Bedroom
$1,255/mo$956 to $1,473
3 Bedroom
$1,589/mo$1,146 to $1,907
4 Bedroom
$1,858/mo$1,266 to $2,338
30% of monthly median renter household income (~$1,070/mo, from a renter median of $42,811) · rents above this line are typically considered cost-burdened.
Measured: 44.4% of renter households already pay 30% or more of income on rent, and 22.2% pay 50% or more.
Key Takeaways
  • In line with national: Home value to income ratio of 3.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 70.6% owner-occupied; rental supply may be tight for incoming workers.
  • Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $42,811 can pay without cost burden (~$1,070/mo), and 44.4% of renter households are measured as cost-burdened.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
4,109,025
Working Age (18-64) vs 2019
Labor force participation rate: 66.1% of population aged 18+ 66% Participation (18+)
vs 2019
Mean Commute 2 min below national avg
24.1 min
Work From Home vs 15.1% national
10.7%

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
29.5%
HS Diploma+
90.4%
6 Largest Institutions by Credentials Awarded
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
Ivy Tech Community College 31,118/yr
Purdue University Global 15,107/yr
Purdue University-Main Campus 13,356/yr
Indiana University-Bloomington 11,087/yr
Indiana University-Indianapolis 8,172/yr
Ball State University 6,518/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
20.9%
55-64 of working-age population (18-64)
Same cohort is 12.5% of total population, the basis used in the Demographics cohort chart.
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
38%
Service
15.2%
Sales & Office
19.1%
Construction / Maint.
8.7%
Production / Transport
19.1%
Bars are drawn on a 0% to 40% axis, so bar length is proportional to actual share. Labels give each group's share of 3,323,528 employed workers.
Key Takeaways
  • Healthy participation: 66.1% of the population aged 18+ is in the labor force, reflecting a steady, available workforce statewide.
Source: ACS workforce data.

County Profiles

92 counties in Indiana

Adams County FIPS 18001 Allen County FIPS 18003 Bartholomew County FIPS 18005 Benton County FIPS 18007 Blackford County FIPS 18009 Boone County FIPS 18011 Brown County FIPS 18013 Carroll County FIPS 18015 Cass County FIPS 18017 Clark County FIPS 18019 Clay County FIPS 18021 Clinton County FIPS 18023 Crawford County FIPS 18025 Daviess County FIPS 18027 Dearborn County FIPS 18029 Decatur County FIPS 18031 DeKalb County FIPS 18033 Delaware County FIPS 18035 Dubois County FIPS 18037 Elkhart County FIPS 18039 Fayette County FIPS 18041 Floyd County FIPS 18043 Fountain County FIPS 18045 Franklin County FIPS 18047 Fulton County FIPS 18049 Gibson County FIPS 18051 Grant County FIPS 18053 Greene County FIPS 18055 Hamilton County FIPS 18057 Hancock County FIPS 18059 Harrison County FIPS 18061 Hendricks County FIPS 18063 Henry County FIPS 18065 Howard County FIPS 18067 Huntington County FIPS 18069 Jackson County FIPS 18071 Jasper County FIPS 18073 Jay County FIPS 18075 Jefferson County FIPS 18077 Jennings County FIPS 18079 Johnson County FIPS 18081 Knox County FIPS 18083 Kosciusko County FIPS 18085 LaGrange County FIPS 18087 Lake County FIPS 18089 LaPorte County FIPS 18091 Lawrence County FIPS 18093 Madison County FIPS 18095 Marion County FIPS 18097 Marshall County FIPS 18099 Martin County FIPS 18101 Miami County FIPS 18103 Monroe County FIPS 18105 Montgomery County FIPS 18107 Morgan County FIPS 18109 Newton County FIPS 18111 Noble County FIPS 18113 Ohio County FIPS 18115 Orange County FIPS 18117 Owen County FIPS 18119 Parke County FIPS 18121 Perry County FIPS 18123 Pike County FIPS 18125 Porter County FIPS 18127 Posey County FIPS 18129 Pulaski County FIPS 18131 Putnam County FIPS 18133 Randolph County FIPS 18135 Ripley County FIPS 18137 Rush County FIPS 18139 Scott County FIPS 18143 Shelby County FIPS 18145 Spencer County FIPS 18147 St. Joseph County FIPS 18141 Starke County FIPS 18149 Steuben County FIPS 18151 Sullivan County FIPS 18153 Switzerland County FIPS 18155 Tippecanoe County FIPS 18157 Tipton County FIPS 18159 Union County FIPS 18161 Vanderburgh County FIPS 18163 Vermillion County FIPS 18165 Vigo County FIPS 18167 Wabash County FIPS 18169 Warren County FIPS 18171 Warrick County FIPS 18173 Washington County FIPS 18175 Wayne County FIPS 18177 Wells County FIPS 18179 White County FIPS 18181 Whitley County FIPS 18183

AI Insights

Sample output. Pulse AI analysis draws on 6 federal data sources.

Sample AI Insight

Indiana shows strong potential for primary metal manufacturing attraction, with a 5.34x concentration and 40,564 jobs in this sub-sector.

Cluster depth across primary metal manufacturing, transportation equipment manufacturing, and furniture and related product manufacturing creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for Indiana, from federal data sources.

What is the population of Indiana?

6,851,073 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Indiana?

$71,957 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Indiana?

4% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Indiana?

$519.5B (BEA CAGDP2 (Regional)).