Indiana - Income



According to the Bureau of Economic Analysis, in 2001, Indiana had a per capita personal income (PCPI) of $27,522 which ranked 32nd in the United States (including the District of Columbia) and was 90% of the national average, $30,413. The 2001 PCPI reflected an increase of 1.9% from 2000 compared to the national change of 2.2%. In 2001, Indiana had a total personal income (TPI) of $168,621,697,000 which ranked 16th in the United States and accounted for 1.9% of the national total. The 2001 TPI reflected an increase of 2.5% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Indiana increased from $116,581,259,000 in 2000 to $117,622,957,000 in 2001, an increase of 0.9%. The largest industries in 2001 were services, 23.7% of earnings; durable goods manufacturing, 19.2%; and state and local government, 11.4%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing, which decreased 7.8%; the fastest was state and local government, which increased 5.6%.

According to data released by the US Census Bureau, in 2000, the median household income was $39,717 compared to the national average of $42,148. In 2001, the median income for a family of four was $63,573 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 7.9% which placed it 8th among the 50 states and the District of Columbia ranked lowest to highest.



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