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

Are you curious about your salary in relation to other Hoosiers?The average wage statistics for November 2024 was just released by ZipRecruiter, and it’s actually very shocking.

It’s been claimed that you won’t work a day in your life if you love what you do. Although, let’s face it, those bills must be paid, money is undoubtedly not the key to long-term happiness. Despite working well over 40 hours a week, many people have found 2024 to be a difficult year, finding it difficult to pay for groceries or rent. What is the typical pay in Indiana, and how much is required to make ends meet?

What Is the Average Salary in Indiana?

As of November 2024, the average yearly wage in Indiana is $49,020, per ZipRecruiter. This equates to roughly $23.57 per hour, which is $942.69 per week or $4,085.00 per month. In reality, though, the majority of Hoosier State incomes fall far short of that, with yearly salaries ranging from $34,500.00 (25th percentile) to $60,143 (75th percentile).

According to a 2024 living wage estimate for Indiana, a single individual without children would need to earn at least $20.44 per hour to live reasonably comfortably. The pay required to maintain the same standard of living when having children, however, is significantly higher: $35.67 per hour for one child and $44.16 per hour for two. Click HERE to view the complete breakdown.

What Are the Highest Paying Jobs in Indiana?

ZipRecruiter regularly searches through our database of millions of open positions to determine the most accurate wage range for Indiana jobs. It’s crucial to remember that pay might differ significantly by region in addition to employment and level of experience. In other words, depending on where you live, you might earn roughly the same amount of money doing the same job.

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It should come as no surprise that the majority of Indiana’s best paying occupations are in the medical industry. The highest paying occupations in the Hoosier State, according to ZipRecruiter, are in radiology, anesthesia, and surgery. Trade-related occupations, including electrical work, also typically pay more. In any case, according to ZipRecruiter, Indiana still only ranks No. 54 out of 63 regions for salary (ouch).

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