Money Talk: Is Indiana’s Average Salary a Joke?

Want to know how much you're making compared to fellow Hoosiers? ZipRecruiter has just released the average salary data for November 2024, and it's actually quite surprising.

It's been said that if you love what you do, you'll never work a day in your life. Money is certainly not the secret to long-term contentment, but let's face it—those bills need paying. The year 2024 has been a tough one for many, with folks struggling to afford housing or groceries despite working well over 40 hours per week. So, just how much do you need to survive in Indiana, and does it fall within the average salary range?

What Is the Average Salary in Indiana?

According to ZipRecruiter, the average annual salary in Indiana is $49,020 as of November 2024. That works out to be about $23.57 an hour, which equals $942.69 a week or $4,085.00 a month. However, most salaries in the Hoosier State are actually much lower than that, ranging between $34,500.00 (25th percentile) and $60,143 (75th percentile) annually.

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A living wage calculation for Indiana in 2024 reveals that a single person with no children would need to make at least $20.44 an hour in order to live somewhat comfortably. That said, the salary needed to maintain that same lifestyle with children is drastically higher: $35.67 an hour for one child, or $44.16 an hour for two children. You can see the full breakdown by clicking HERE.

What Are the Highest Paying Jobs in Indiana?

To estimate the most accurate salary range for jobs in Indiana, ZipRecruiter continuously scans its database of millions of active jobs in the marketplace. It's important to note that salaries can vary greatly, not only by occupation and experience, but also by location. So, in essence, you could make more or less doing the same job depending on where you live.

When it comes to the highest paying jobs in Indiana, it's no surprise they're mostly in the medical field. According to ZipRecruiter, the most lucrative jobs in the Hoosier State include positions in radiology, anesthesiology, and surgery. Careers in the trades also tend to pay higher, such as those in electrical work. Regardless, Indiana still ranks only No. 54 out of 63 areas for salaries on ZipRecruiter (ouch).