In 2023, the average annual pay of employees in Indiana totaled around 60,114 U.S. dollars. This is both an increase from the previous year, and from 2001 levels when this value stood at 31,779 U.S. dollars.

Graph and download economic data for Real Median Household Income in Indiana from 1984 to 2023 about IN, households, median, income, real, and USA.

In 2023, the median household income in Indiana amounted to 76,910 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 70,030 U.S. dollars. The median household income for the United States as a whole can be accessed here.

U.S. Census Bureau QuickFacts statistics for Indiana. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits.

Explore the progression of average salaries for graduates in Indiana University Purdue University, Indianapolis from 2020 to 2023 through this detailed chart. It compares these figures against the national average for all graduates, offering a comprehensive look at the earning potential of Indiana University Purdue University, Indianapolis relative to other fields. This data is essential for students assessing the return on investment of their education in Indiana University Purdue University, Indianapolis, providing a clear picture of financial prospects post-graduation.

Graph and download economic data for Average Weekly Earnings of All Employees: Total Private in Indiana (SMU18000000500000011) from Jan 2007 to May 2025 about IN, earnings, private, employment, and USA.

Median Household Income in Indiana was 76910.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in Indiana reached a record high of 76910.00000 in January of 2023 and a record low of 22520.00000 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Indiana - last updated from the United States Federal Reserve on July of 2025.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Indiana. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Indiana. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Indiana, householders within the 45 to 64 years age group have the highest median household income at $86,250, followed by those in the 25 to 44 years age group with an income of $55,250. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $39,803. Notably, householders within the under 25 years age group, had the lowest median household income at $21,857.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Indiana median household income by age. You can refer the same here

The Average Salary chart presents a clear visualization of the salary progression for graduates from Indiana Institute of Technology from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Indiana Institute of Technology’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Indiana Institute of Technology.

Since 1990, the annual per capita disposable personal income has increased in Indiana. In 2023, the annual per capita disposable personal income was 54,717 U.S. dollars. This is compared to 1990, when it was 15,633 U.S. dollars.

Graph and download economic data for Average Hourly Earnings of All Employees: Total Private in Indiana (SMU18000000500000003) from Jan 2007 to May 2025 about IN, earnings, hours, private, employment, and USA.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Indiana University-Northwest from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Indiana University-Northwest’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Indiana University-Northwest.

This U.S. Census Bureau American Community Survey (ACS) five-year estimates data set contains median family income estimates during the past 12 months and in inflation-adjusted dollars. The data is available for a number of geographies ranging from statewide to census tract level. The data is available for year 2009-2016. This includes the income of the householder and all related individuals 15 years old and over in the household. Income is based on “money” income–income received on a regular basis before payments for personal income taxes, social security, union dues, etc. Money income does not include noncash benefits that may be received.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Center township. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Center township. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Center township, the median household income stands at $74,779 for householders within the 45 to 64 years age group, followed by $71,818 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $54,531.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Center township median household income by age. You can refer the same here

In 2023, the per capita personal income in Indiana was 61,243 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.

Household data are collected as of March.

As stated in the Census's "Source and Accuracy of Estimates for Income, Poverty, and Health Insurance Coverage in the United States: 2011" (http://www.census.gov/hhes/www/p60_243sa.pdf):

Estimation of Median Incomes. The Census Bureau has changed the methodology for computing median income over time. The Census Bureau has computed medians using either Pareto interpolation or linear interpolation. Currently, we are using linear interpolation to estimate all medians. Pareto interpolation assumes a decreasing density of population within an income interval, whereas linear interpolation assumes a constant density of population within an income interval. The Census Bureau calculated estimates of median income and associated standard errors for 1979 through 1987 using Pareto interpolation if the estimate was larger than $20,000 for people or $40,000 for families and households. This is because the width of the income interval containing the estimate is greater than $2,500.

We calculated estimates of median income and associated standard errors for 1976, 1977, and 1978 using Pareto interpolation if the estimate was larger than $12,000 for people or $18,000 for families and households. This is because the width of the income interval containing the estimate is greater than $1,000. All other estimates of median income and associated standard errors for 1976 through 2011 (2012 ASEC) and almost all of the estimates of median income and associated standard errors for 1975 and earlier were calculated using linear interpolation.

Thus, use caution when comparing median incomes above $12,000 for people or $18,000 for families and households for different years. Median incomes below those levels are more comparable from year to year since they have always been calculated using linear interpolation. For an indication of the comparability of medians calculated using Pareto interpolation with medians calculated using linear interpolation, see Series P-60, Number 114, Money Income in 1976 of Families and Persons in the United States (www2.census.gov/prod2/popscan/p60-114.pdf).

Graph and download economic data for Average Hourly Earnings of Production Employees: Manufacturing in Indiana (SMU18000003000000008A) from 2001 to 2024 about IN, hours, production, manufacturing, employment, and USA.

Median Household Income - Indiana: 39 years of historical data from 1984 to 2023.

The Average Salary chart presents a clear visualization of the salary progression for graduates from Indiana University-South Bend from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how Indiana University-South Bend’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at Indiana University-South Bend.

The Average Salary chart presents a clear visualization of the salary progression for graduates from DeVry University-Indiana from 2020 to 2023, illustrating the yearly average salary trends. Additionally, the chart compares these figures with the overall average salary trends of graduates from all schools, providing a comprehensive view of how DeVry University-Indiana’s graduates stand in terms of earning potential relative to their peers nationwide. This data is crucial for prospective students assessing the ROI of their education at DeVry University-Indiana.