Economic Outlook Rank Indiana is currently ranked 7th in the United States for its economic outlook.
Is Indiana a rich or poor state?
The rate varies widely from state to state, with most wealthy states having a poverty rate below 9%. In contrast, the nation’s poorest state has a poverty rate twice that.
Poorest States 2022.
| State | Mean Household Income |
|---|---|
| Montana | $74,190 |
| Tennessee | $74,750 |
| Indiana | $75,025 |
| Missouri | $76,060 |
Is Indiana a poor state?
Indiana has the third-lowest poverty rate in the nation, according to the U.S. Census Bureau (see Figure 1).
How rich is the state of Indiana?
The Indiana Statehouse in Indianapolis is a symbol of the Hoosier state, which ranks 35th nationally in wealth, according to a new study. A new study found Indiana ranked 35th nationwide in wealth.
How does Indiana make money?
Indiana is also the 2nd largest auto manufacturing state. Indiana’s other manufactures include pharmaceuticals and medical devices, automobiles, electrical equipment, transportation equipment, chemical products, rubber, petroleum and coal products, and factory machinery.
What is America’s richest state?
The Golden State boasts the largest economy in the U.S., with a gross state product of nearly $3 trillion. And with roughly 40 million residents, it’s also the most populous state in the country. The largest economic sectors in California are agriculture, technology, media, trade and tourism.
How depressing is Indiana?
The state ranked a depressing 49 out of 50 on our social relationships rank; only Rhode Island was lonelier. We also straggled along at No. 47 for purpose and No. 44 for physical.
Which state is poorest in USA?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is Indiana a good state to live in?
Is Indiana a Good Place to Live? Indiana is one of the best states to live in because it boasts the lowest cost of living, low crime rates, and plenty of job opportunities with a growing automotive industry. As the state with the lowest cost of living, it also makes sense that it has incredibly affordable housing.
Is Indiana a depressing state?
A new study found Indiana is one of the most depressing states in the country. Health Magazine ranked the top 10 most depressing states and Indiana made the list, which is in alphabetical order.
What is the cost of living in Indiana?
Average Cost of Living in Indiana: $38,097 per year
According to the Bureau of Economic Analysis , the average cost of living in Indiana will run you around $38,097 per year.
Is Indiana a safe state?
At A Glance:
With #1 being the best, Indiana is ranked #21 for property crime out of 50 states + Washington, D.C. You have a 1.97% chance of being a property crime victim in Indiana in the next 12 months. Indiana’s property crime rate is 7% lower than the average crime rate in the United States.
How many millionaires are in Indiana?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 17 | Minnesota | 167,206 |
| 18 | Arizona | 161,014 |
| 19 | Tennessee | 139,335 |
| 20 | Indiana | 138,739 |
What is the most common job in Indiana?
Customer Service Representative
Detailed List Of The Most Common Jobs In Indianapolis, IN
| Rank | Job Title | Count |
|---|---|---|
| 1 | Customer Service Representative | 8,677 |
| 2 | Cashier | 8,517 |
| 3 | Sales Associate | 4,562 |
| 4 | Internship | 3,827 |
Is Indiana broke?
Indiana only has $31.3 billion of assets available to pay bills totaling $33.2 billion. Because Indiana doesn’t have enough money to pay its bills, it has a $1.9 billion financial hole.
Who is the largest employer in Indiana?
Go Electric
Detailed List Of The 100 Biggest Companies In Indiana
| Rank | Company | Employees |
|---|---|---|
| 1 | Go Electric | 283,000 |
| 2 | Anthem | 63,900 |
| 3 | Cummins | 62,600 |
| 4 | Eli Lilly and Company | 40,655 |
Which state has the best economy?
Washington topped the list of best state economies, ranking third on economic activity, seventh on economic health, and second on innovation potential. Utah and California rounded out the top three state economies. At the bottom of the list were Louisiana, Alaska, and West Virginia.
What state has the most billionaires?
California
As of March 2022, California was the U.S. state with most billionaires, with 186 billionaires calling the state home. New York was second, with 135 resident billionaires which was a larger jump over third-placed Florida, with 78.
Which city is richest in the world?
York City
Now there’s a new number one. N ew York City has taken back its crown. With 107 billionaire residents, worth over $640 billion, The Big Apple is home to more three-comma club members than any other city on the planet.
What is it like living in Indiana?
Living in Indiana is pretty much the same as living in any other Midwest “fly-over” state. On the upside, the population is not very dense so it feels like you have some space to breathe, and traffic is light. Crime is low because corn outnumbers the bad guys. Schools are decent and Universities are great.
How cold are winters in Indiana?
In Indiana, the average temperature for December through February is usually about 31 or 32 degrees. Indiana during that three-month period tends to get 8.5 inches of precipitation and a little over 21 inches of snowfall.