Indiana Employment Statistics

  • 168,123 employers
  • 3,051,978 employees
  • $915 average weekly wage
  • The average weekly wage is 16.9% below the national average
  • The cost of living is 9.9% below the national average

Types of Employers (Private Sector vs Government Agency)

As an employer in Indiana, you are most likely to be running a private company rather than a government agency. 96.7% of employers run private companies in the state, 0.3% less than the national average of 97.0. The remaining 3.3% of employers are government agencies: 0.7% work in a federal agency, 0.8% work for the state and 1.8% work for local government. The chart below illustrates the breakout of employers by type.
87.1% of employees work for a private company, this is 1.9% greater than the national average of 85.2%. Local government agencies employ 8.7% of the workers in the state, state government agencies employ 2.9% of the workers and the federal government employs 1.2%. The percentage of employees working for a government agency (12.9%) is 1.9% lower than the national average. The chart below illustrates the breakout of employees by type of employer.
The average weekly wage in Indiana is $915 per week, which is 16.9% greater than the national average of $1,101 per week. Indiana workers that are employed by private businesses earn $920 per week, 16.4% lower than the national average for private company employees. Employees of federal government agencies in Indiana earn $1,405 per week, a premium of 52.7% compared to what employees of private companies earn. The chart below illustrates the average weekly by type of employer.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Retail trade with 12.2% of the businesses in the state. Professional services (11.2%) and Construction (9.1%) round out the top 3 sectors.
Table: Sectors by # of Businesses
Sector# Businesses% of Bus.
Retail trade20,47512.2%
Professional services18,89911.2%
Construction15,2509.1%
Wholesale trade14,0058.3%
Healthcare13,8188.2%
Accommodation and food services13,3337.9%
Other services13,1757.8%
Finance and insurance10,0956.0%
Waste services9,7275.8%
Manufacturing8,8455.3%
Real estate and rental6,4903.9%
Transport and warehousing5,8683.5%
Arts and entertainment2,2851.4%
Unclassified2,2191.3%
Information2,1331.3%
Educational services1,9171.1%
Agriculture and forestry1,8991.1%
Company management1,2960.8%
Utilities4720.3%
Mining and oil extraction3250.2%


Employees by Sector

The sector with the greatest number of employees in the state is Manufacturing with 17.8% of the employees in the state. Healthcare (13.4%) and Retail trade (10.5%) round out the top 3 sectors.
Table: Sectors by # of Employees
Sector# Employees% of Emp'
Manufacturing541,77317.8%
Healthcare408,53613.4%
Retail trade321,15510.5%
Accommodation and food services267,7978.8%
Waste services189,4006.2%
Construction141,0064.6%
Transport and warehousing135,3904.4%
Wholesale trade120,6814.0%
Professional services119,2353.9%
Finance and insurance97,7313.2%
Other services87,8952.9%
Educational services50,9411.7%
Arts and entertainment42,6051.4%
Real estate and rental35,8661.2%
Company management34,3301.1%
Information29,3711.0%
Agriculture and forestry15,2930.5%
Utilities13,9290.5%
Mining and oil extraction5,9430.2%
Unclassified3090.0%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Company management paying $1,923per week compared with the state average of $920. Utilities ($1,860) and Finance and insurance ($1,390) round out the top 3 sectors.
Table: Wages by Sector
SectorWkly Wagevs St Avg.
Company management$1,923209.0%
Utilities$1,860202.2%
Finance and insurance$1,390151.1%
Mining and oil extraction$1,355147.3%
Professional services$1,340145.7%
Wholesale trade$1,317143.2%
Manufacturing$1,205131.0%
Information$1,161126.2%
Construction$1,123122.1%
Healthcare$934101.5%
Transport and warehousing$89297.0%
Real estate and rental$87995.5%
Educational services$77584.2%
Agriculture and forestry$77183.8%
Unclassified$66272.0%
Arts and entertainment$64970.5%
Waste services$63569.0%
Other services$63268.7%
Retail trade$53958.6%
Accommodation and food services$32034.8%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Indiana. the industry with the most businesses is Restaurants and other eating places with 6.2% of the businesses in the state (with 10,430 employing 223,542 workers). Computer systems design and related services (2.7%) and Wholesale trade agents and brokers (2.1%) round out the top 3 industries. The Top 10 Industries in the state are:
Industry# BusinessesEmp/Biz
Restaurants and other eating places10,43021.4
Computer systems design and related services4,5226.0
Wholesale trade agents and brokers3,4633.0
Management consulting services3,4204.6
Residential building construction3,3974.2
Insurance agencies and brokerages3,2555.0
Offices of physicians2,53421.4
Offices of lawyers2,5055.1
Gasoline stations with convenience stores2,4618.0
Landscaping services2,2786.6


Employees by Industry

The industry with the greatest number of employees in the state is Restaurants and other eating places with 7.3% of the businesses in the state. The industry employs 223,542 in 10,430 businesses, there are 21.4 employees on average in each of these businesses. General medical and surgical hospitals (3.8%) and Temporary help services (2.7%) round out the top 3 industries.
Table: Industries by # of Employees
Industry# EmpEmp/Biz
Restaurants and other eating places223,54221.4
General medical and surgical hospitals114,7651,033.9
Temporary help services83,20055.2
General merchandise stores including warehouse clubs and supercenters58,16146.2
Offices of physicians54,17721.4
Nursing care facilities skilled nursing46,99791.8
Motor vehicle body and trailer manufacturing43,846264.1
General warehousing and storage40,852113.8
Supermarkets and other grocery stores36,36940.7
General freight trucking long-distance36,14318.4


Average Weekly Wage by Industry

The industry that pays their employees the most is Investment banking and securities dealing, paying $3,423 compared with the state average of $920. Pharmaceutical and medicine manufacturing ($2,966) and Spectator sports ($2,485) round out the top 3 industries.
Table: Wages by Industry
IndustryWkly Wage% of Avg
Investment banking and securities dealing$3,423372.1
Pharmaceutical and medicine manufacturing$2,966322.4
Spectator sports$2,485270.1
Securities brokerage$2,430264.1
Research and development in the physical engineering and life sciences$2,417262.7
Druggists' goods merchant wholesalers$2,355256.0
Pipeline transportation of crude oil$2,342254.6
Refined petroleum product pipeline transport.$2,260245.7
Reinsurance carriers$2,238243.3
Computer and software merchant wholesalers$2,196238.7


Company Size

Indiana Businesses by Size

The solopreneur company, has the most businesses in Indiana. 54.8% of all businesses in the state have fewer than 5 employees. The 152,035 small businesses in the state represent 94.3% of all private businesses. The national average is 92.6%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) The pie chart below illustrates the ratio of business sizes.

Indiana Employees by Business Size

The largest companies in the state represent 197.9% of all employees, which is 59.5% higher than the national average of 138.4%. Smallest companies also employ a lower percentage of the states workforce than the largest companies. The solopreneur (those that employ fewer than 5) companies employ 85.9% of all workers, which is 5.6% lower than the national average of 91.5%. All small companies, those employing fewer than 50 people, represent 644.9% of the labor force in the state, 94.9% more than the national average of 550.0%.

Indiana Avg Weekly Wages by Business Size

Indiana workers in every size business are paid less than the national average. The smallest companies in Indiana (those with fewer than 5 employees) pay workers 3.6% less than the national average ($941 per week as compared to the national average of $975 per week). The largest companies in Indiana (those with more than 1,000 employees) pay 21.0% workers below the national average ($1,555 per week as compared to the national average of $1,882 per week).



Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.