What Is A Good Salary In Indianapolis?

In Indianapolis, you would have to earn at least $97,257 to be considered among the top 20% of earners. The super rich, also known as the top 5%, have an average income of $325,191.

What’s a good salary in Indianapolis?

The study says you need to earn $46,016 a year to have enough money for needs and wants. However, the median income for the city is $42,076, a shortfall of $3,940.

What is a livable salary in Indiana?

Living Wage Calculation for Indiana

What is a high salary in Indiana?

While ZipRecruiter is seeing salaries as high as $143,700 and as low as $19,723, the majority of salaries within the Average jobs category currently range between $46,491 (25th percentile) to $70,440 (75th percentile) with top earners (90th percentile) making $93,921 annually in Indiana.

How much does it cost to live comfortably in Indianapolis?

The recommended salary in Indianapolis is $3,027 per month or $36,320 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $1,201.

What is middle class in Indiana?

How Much Income Do You Need in Indiana To Be Considered Middle Class. The current median household income for Indiana is $57,603.

Is it expensive to live in Indianapolis?

1 While smaller towns and cities typically provide a cheaper lifestyle than big cities, Indianapolis, Indiana’s capital city, is one of the most affordable cities in the country. The median price for a house in the Hoosier State is $142,600, while $662 is the average monthly rent for a one-bedroom apartment.

What is a teacher’s salary in Indiana?

In the 2019-20 school year, the starting salary for an Indiana teacher was around $37,500 per year, according to the National Education Association (NEA).

What is considered rich in Indianapolis?

The site used U.S. Census Bureau income data to determine the salary a household needs to earn to be in the city’s top 20% of earners – what they define as “rich.” In Indianapolis, you would have to earn at least $97,257 to be considered among the top 20% of earners.

What is upper middle class income Indiana?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says.

How much does the average person in Indiana make?

What are the Average Salaries in Indiana? According to CityRating.com the average salary in the state of Indiana is $41,660. The United States city average is $49,808. Career Trends lists dozens of jobs and occupations with their corresponding annual salaries in the state of Indiana.

What is a good hourly wage in Indiana?

Hourly Salary in Indiana

Is it cheaper to live in Texas or Indiana?

Indiana is 4.7% cheaper than Texas.

Is it cheaper to live in Florida or Indiana?

Indiana is 11.7% cheaper than Florida.

What is considered a rich salary?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

What is considered high class Indiana?

In Indianapolis, making at least $86,202 boosts you to the upper class. The Hoosier capital ranks 40th out of the 51 cities in the Business Insider report. That means it’s based on the city’s median household income $43,101, according to the article.

What salary is considered high class?

An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.

Is Indianapolis a safe city?

Is Indianapolis a safe place to live? Indianapolis is safer than 1% of Indiana cities and 2% of other U.S. cities. Though the city has a slightly higher crime rate, there are many safe neighborhoods and suburbs throughout the Indianapolis metro with lower crime rates.

Is it cheaper to live in Indiana or Michigan?

Indiana is 3.9% cheaper than Michigan.

What is the average cost of rent in Indiana?

Indianapolis, IN Rent Trends

Which state has the lowest teacher salary?

Missouri teachers are paid some of the lowest starting salaries in the nation, according to a new review of teacher pay from the National Education Association, a teachers union. On average, starting salaries for Missouri teachers are a little more than $33,200. Only Montana pays new teachers less.