State economy

Indiana economy

Indiana's unemployment rate was 3.4% in September 2026, up from 3.3% the month before and 3.7% a year earlier. That ranks 14 of 51 (1 = lowest); the national rate was 4.1%. Employers had 3.26 million jobs on their payrolls in September 2026, a loss of 12,900 (-0.4%) from a year earlier. Home prices (FHFA index) were +4.6% from a year earlier in Q2 2026. Median household income was $76,180 in 2025.

3.4%
unemployment rate
September 2026
Unemployment rate3.4%Rank 14 of 51 (1 = lowest)
10-year range2.9–16.9%Low Feb 2022 · high Apr 2020
Nonfarm jobs3.26M-0.4% in a year · rank 47
Home prices (FHFA)+4.6%1-year change · Q2 2026 · 5-yr +47%
Median household income$76,1802025 · rank 42 of 51

Indiana: unemployment rate

Indiana unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.4%; high 16.9% on Apr 1, 2020; low 2.9% on Feb 1, 2022.0%5%10%15%20%20082010201220142016201820202022202420263.4%High 16.9%Low 2.9%

Indiana: jobs, change from a year earlier

Indiana nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest -0.4%; high +14.4% on Apr 1, 2021; low -15.4% on Apr 1, 2020.-20%-10%0%10%20%20052010201520202025-0.4%High +14.4%Low -15.4%

Indiana: home prices, change from a year earlier

Indiana FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +4.6%; high +18.4% on Apr 1, 2022; low -4.7% on Jan 1, 2010.-5%0%5%10%15%20%20052010201520202025+4.6%High +18.4%Low -4.7%

Indiana: median household income

Indiana median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $76,180; high $76,910 on Jul 1, 2023; low $22,520 on Jul 1, 1987.$20,000$40,000$60,000$80,0001990199520002005201020152020$76,180Low $22,520

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).