Wages in Indiana 2024 | Workstream (2024)

Frequently asked questions

What is the difference between gross wages and net wages?

It's important to remember that the Hourly Wage Index data above reflects gross wages, or the amount of money an employee earns before accounting for payroll deductions like taxes, benefits, or wage garnishments. Due to variability in tax rates across locations, slightly lower gross wages in a certain location might result in higher take home pay, or vice versa.

What is a good hourly wage?

This question is a difficult one to answer, as a "good hourly wage" is highly subjective according to experience, work responsibilities, cost of living, and other factors. We recommend using Hourly Wage Index data as a starting point. Once you have established a baseline for certain positions, do further research into similar businesses in your area.

Lastly, consider surveying your employees. They're the best resource to help you know what is a good hourly wage, what competitive pay looks like in your location, and how competitive wages change in your industry over time.

Offering competitive pay is one of my top priorities—what other resources do you have that might help?

We know that getting applicants to pay attention to your business can be extremely challenging, and that offering competitive pay is a huge part of that. Wages aren’t everything, however! Applicant experience is another important factor that can help set you apart from your competition. A few examples include:

  • Short, easy to understand job descriptions
  • Mobile-friendliness
  • Quick communication
  • Streamlined interview stages
Wages in Indiana 2024 | Workstream (2024)

FAQs

Wages in Indiana 2024 | Workstream? ›

As of Apr 23, 2024, the average hourly pay for a Hourly in Indiana is $26.78 an hour. While ZipRecruiter is seeing salaries as high as $40.26 and as low as $16.24, the majority of Hourly salaries currently range between $23.80 (25th percentile) to $26.54 (75th percentile) in Indiana.

What is a good hourly wage in Indiana? ›

As of Apr 23, 2024, the average hourly pay for a Hourly in Indiana is $26.78 an hour. While ZipRecruiter is seeing salaries as high as $40.26 and as low as $16.24, the majority of Hourly salaries currently range between $23.80 (25th percentile) to $26.54 (75th percentile) in Indiana.

How much should I make to live comfortably in Indiana? ›

Living Wage Calculation for Indiana
1 ADULT2 ADULTS (1 WORKING)
0 Children3 Children
Living Wage$20.44$40.65
Poverty Wage$7.24$17.59
Minimum Wage$7.25$7.25

What will the federal minimum wage be by 2025? ›

The Raise the Wage Act of 2021 (HR 603) would increase the federal minimum wage in five annual steps, from $7.25 to $15 in 2025, with annual increases thereafter indexed to the median wage.

What is a livable wage in Indiana in 2024? ›

The next scheduled increase in the minimum wage is in July 2024, when it will increase to $13.75 per hour. The livable wage in Indianapolis is estimated to be $15.24 per hour for a single adult with no children.

What is the minimum wage at Mcdonald's in Indiana? ›

As of Jun 2, 2024, the average hourly pay for a Crew Member Mcdonalds in Indiana is $11.82 an hour. While ZipRecruiter is seeing salaries as high as $16.70 and as low as $7.78, the majority of Crew Member Mcdonalds salaries currently range between $10.96 (25th percentile) to $14.42 (75th percentile) in Indiana.

Is $25 an hour a living wage? ›

An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...

Is $21 an hour decent pay? ›

We've identified 10 cities where the typical salary for a 21 An Hour job is above the national average. Topping the list is Santa Clara, CA, with Washington, DC and San Francisco, CA close behind in the second and third positions.

What is middle class in Indiana? ›

In 2012 a salary of $32,249 in Indiana was the minimum to be considered middle-class. That figure increased to $44,782 in 2022. That's a 38.86% increase in 10 years. The maximum income to be part of the middle class in Indiana $134,346.

What is considered low income in Indiana? ›

Section 8 Income Limits
# of Persons in HouseholdExtremely-Low Income (Effective May 2019)Very Low Income (Effective May 2019)
1$14,800$24,650
2$16,910$28,200
3$21,330$31,700
4$25,750$35,200
4 more rows

What city in Indiana has the highest cost of living? ›

The priciest city in Indiana is Bloomington, where the cost of living is 8% higher compared to the state average and 1% lower than in the rest of the U.S. The cheapest major city in Indiana is Richmond, with a cost of living 9% lower below the state average and 16% lower than the national average.

What is the median income in Indiana 2024? ›

According to the 2024 analysis, the median household income in Indiana is $66,800, with $74,800 as the national average. The median household income in Indiana for the 2023 results was $62,700, compared to $69,700 in the U.S.

What is the wage increase for 2024? ›

The minimum wage in California, effective January 1, 2024, is $16.00/hour for all employers. Fast Food Restaurant employers, effective April 1, 2024, and Healthcare Facility employers, effective June 1, 2024, will have a higher minimum wage.

What is the pay raise for 2025? ›

Proposed 2% federal pay raise gets support in 2025 defense authorization bill. The Senate committee's version of the 2025 NDAA, advanced last week, supported a 2% federal pay raise for civilian feds and a 4.5% raise for military members.

What state has the lowest minimum wage? ›

Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Two states, Georgia and Wyoming, have a minimum wage below $7.25 per hour. In all seven of these states, the federal minimum wage of $7.25 per hour applies.

What states have a $15 an hour minimum wage? ›

Which States Have a $15 per Hour Minimum Wage? California, Connecticut, Massachusetts, and Washington are the states with a minimum wage of $15 per hour or above. While not a state, Washington, D.C. also falls into this category with its minimum wage of $17 per hour.

How long has Indiana had 7.25 minimum wage? ›

Both the federal and Indiana state minimum wage increased from $6.55 per hour to $7.25 per hour, effective July 24, 2009.

Why won't Indiana raise the minimum wage? ›

Indiana passed a law back in 2011 barring cities and counties from changing their own minimum wages, so any change would have to come from the statehouse.

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