State profile
Indiana FIPS 18
Population
6,751,340
Median household income
$61,944
Nonfarm employment
3,275,700
Business establishments
155,692
Every figure above traces to a primary source · view data sources & methodology
State Highlights
Largest employer sector
Manufacturing
524,995 employees
Business concentration
17.9%
of private employment in Manufacturing
Home prices, 1 year
+4.6%
FHFA
Federal outlays per capita
$25,019.47
USASpending.gov
Economy & Labor
Total nonfarm employment
BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available
· latest observation: August 2026
Employment ratio
49.1%
employed ÷ population
Unemployed population (ACS)
160,490
Vs. July
▲ 40,300
Business density
23.3 per 1,000
establishments per capita
Leading Industries
Leading industries by employment
Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1
Manufacturing
524,995 employees
2
Health care and social assistance
465,689 employees
3
Retail trade
335,879 employees
4
Accommodation and food services
291,843 employees
5
Administrative and support and waste management and remediation services
217,207 employees
Leading Public Companies
Top 5 by latest reported revenue
SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
Elevance Health, Inc. · ELV
$199.13B
ELI LILLY & Co · LLY
$65.18B
CUMMINS INC · CMI
$33.67B
STEEL DYNAMICS INC · STLD
$18.18B
Corteva, Inc. · CTVA
$17.40B
Population & People
Homeownership rate
69.9%
1.83M of 2.62M occupied homes are owner-occupied
Population by age
U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
Housing & Real Estate
Median home value
$158,500
Median gross rent
$891 / month
Vacancy rate
9.9%
Total housing units
2.91M
Owner-occupied homes
1.83M
Renter-occupied homes
790.6K
Home prices, 1 year
+4.6%
Home prices, 5 years
+46.7%
Latest FHFA period
2026 Q2
ACS: 2021 ACS 5-year · FHFA: 2026 Q2
ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.
Federal Spending
Total federal outlays
$166.80B
Outlays per capita
$25,019.47
Total prime award value
$176.86B
Source: USASpending.gov · specific reporting period not published in this dataset
Business establishments
155,692
Private-sector employment
2,924,989
Annual payroll
$168.18B
Avg. employees / establishment
18.8
derived: employment ÷ establishments
Census County Business Patterns · reference year 2023 State Ledger collected this data Sep 19, 2026, 12:10 UTC — not the measurement period.
Industry breakdown
Ranked by private-sector employment · NAICS 2-digit sectors as published (merged groups such as 31-33 kept intact)
31-33Manufacturing
524,995 employees
7,938 establishments ·
$35.25B payroll
Public companies headquartered here · 18
22nd Century Group, Inc. (XXII)
· Allison Transmission Holdings Inc (ALSN)
· Calumet, Inc. /DE (CLMT)
· Elanco Animal Health Inc (ELAN)
· ELI LILLY & Co (LLY)
· ESCALADE INC (ESCA)
· FRANKLIN ELECTRIC CO INC (FELE)
· HURCO COMPANIES INC (HURC)
· Kimball Electronics, Inc. (KE)
· LCI INDUSTRIES (LCII)
·+8 more
62Health care and social assistance
465,689 employees
19,159 establishments ·
$27.65B payroll
44-45Retail trade
335,879 employees
21,015 establishments ·
$11.81B payroll
72Accommodation and food services
291,843 employees
14,708 establishments ·
$6.18B payroll
56Administrative and support and waste management and remediation services
217,207 employees
8,230 establishments ·
$9.33B payroll
Public companies headquartered here · 1
Allegion plc (ALLE)
48-49Transportation and warehousing
157,996 employees
6,449 establishments ·
$9.24B payroll
Public companies headquartered here · 1
REPUBLIC AIRWAYS HOLDINGS INC. (RJET)
23Construction
156,037 employees
14,935 establishments ·
$11.66B payroll
54Professional, scientific, and technical services
151,792 employees
13,501 establishments ·
$13.65B payroll
81Other services (except public administration)
127,295 employees
17,107 establishments ·
$4.68B payroll
42Wholesale trade
124,776 employees
7,138 establishments ·
$9.91B payroll
52Finance and insurance
111,147 employees
9,390 establishments ·
$9.72B payroll
Public companies headquartered here · 19
1ST SOURCE CORP (SRCE)
· CNO Financial Group, Inc. (CNO)
· eHealth, Inc. (EHTH)
· Elevance Health, Inc. (ELV)
· Finward Bancorp (FNWD)
· FIRST CAPITAL INC (FCAP)
· FIRST FINANCIAL CORP /IN/ (THFF)
· First Internet Bancorp (INBK)
· FIRST MERCHANTS CORP (FRME)
· GERMAN AMERICAN BANCORP, INC. (GABC)
·+9 more
61Educational services
68,348 employees
1,766 establishments ·
$2.54B payroll
55Management of companies and enterprises
55,876 employees
779 establishments ·
$6.60B payroll
51Information
38,255 employees
2,380 establishments ·
$3.63B payroll
53Real estate and rental and leasing
37,765 employees
7,585 establishments ·
$2.38B payroll
Public companies headquartered here · 1
Royalty Management Holding Corp (RMCO)
71Arts, entertainment, and recreation
36,609 employees
2,407 establishments ·
$1.56B payroll
22Utilities
15,800 employees
529 establishments ·
$1.81B payroll
Public companies headquartered here · 2
HALLADOR ENERGY CO (HNRG)
· NISOURCE INC. (NI)
21Mining, quarrying, and oil and gas extraction
5,697 employees
244 establishments ·
$487.84M payroll
11Agriculture, forestry, fishing and hunting
1,805 employees
310 establishments ·
$91.43M payroll
99Industries not classified
178 employees
122 establishments ·
$5.77M payroll
Public-company links use SEC-to-NAICS sector mappings and may not cover every company headquartered here.
Publicly traded companies in the State Ledger SEC dataset headquartered in Indiana.
The dataset is still expanding and is not yet a complete listing of every public company in the state.
Public companies listed
54
Companies showing market data
46
Eligible ticker coverage
68.7%
Latest session
Oct 9, 2026
Coverage is based on eligible SEC ticker symbols and may differ from the number of companies listed.
$412.51
+2.89%
Revenue$199.13B
Net income$5.66B
Assets$121.49B
ELI LILLY & Co LLY
$1,178.19
+0.73%
Revenue$65.18B
Net income$20.64B
Assets$112.48B
CUMMINS INC CMI
$523.32
+0.57%
Revenue$33.67B
Net income$2.84B
Assets$33.99B
STEEL DYNAMICS INC STLD
$238.47
+1.87%
Revenue$18.18B
Net income$1.19B
Assets$16.42B
Corteva, Inc. CTVA
$13.23
-3.71%
Revenue$17.40B
Net income$1.09B
Assets$42.85B
$63.85
-3.35%
Revenue$9.61B
Net income$177.54M
Assets$6.96B
$89.05
+0.21%
Revenue$8.23B
Net income$705.10M
Assets$23.09B
$40.77
+0.56%
Revenue$6.52B
Net income$929.50M
Assets$35.86B
$199.44
-0.07%
Revenue$6.36B
Net income$4.63B
Assets$40.61B
$22.92
+1.71%
Revenue$4.72B
Net income-$232.00M
Assets$13.36B
$52.96
-1.06%
Revenue$4.49B
Net income$229.30M
Assets$38.79B
Calumet, Inc. /DE CLMT
$56.44
-2.35%
Revenue$4.14B
Net income-$33.80M
Assets$2.69B
LCI INDUSTRIES LCII
$78.19
-2.48%
Revenue$4.12B
Net income$188.25M
Assets$3.18B
Allegion plc ALLE
$150.58
+0.35%
Revenue$4.07B
Net income$643.80M
Assets$5.22B
$63.50
-2.38%
Revenue$3.95B
Net income$135.06M
Assets$3.08B
$109.93
+0.87%
Revenue$3.01B
Net income$623.00M
Assets$6.08B
$97.88
+1.05%
Revenue$2.13B
Net income$147.09M
Assets$1.94B
OPENLANE, Inc. OPLN
$36.73
+2.97%
Revenue$1.93B
Net income$177.70M
Assets$4.72B
$17.27
-0.40%
Revenue$1.68B
Net income$76.20M
Assets$3.28B
$13.22
-1.45%
Revenue$1.54B
Net income$211.45M
Assets$1.17B
$28.69
-0.52%
Revenue$1.43B
Net income$27.96M
Assets$1.09B
$23.92
-0.66%
Revenue$844.37M
Net income$298.66M
Assets$6.66B
eHealth, Inc. EHTH
$0.71
-0.89%
Revenue$554.01M
Net income$40.04M
Assets$1.26B
$48.15
-1.31%
Revenue$487.40M
Net income$112.64M
Assets$8.39B
HALLADOR ENERGY CO HNRG
$13.92
-4.03%
Revenue$469.47M
Net income$41.87M
Assets$408.05M
$5.15
+1.38%
Revenue$269.65M
Net income-$47.84M
Assets$234.01M
ESCALADE INC ESCA
$18.97
+2.04%
Revenue$240.16M
Net income$13.70M
Assets$222.11M
ORTHOPEDIATRICS CORP KIDS
$21.61
-0.83%
Revenue$236.35M
Net income-$39.65M
Assets$508.63M
HURCO COMPANIES INC HURC
$20.92
+0.02%
Revenue$178.55M
Net income-$15.12M
Assets$264.30M
$12.89
-0.73%
Revenue$155.00M
Net income$7.58M
Assets$885.23M
NOBLE ROMANS INC NROM
Revenue$16.46M
Net income$1.17M
Assets$15.89M
Syra Health Corp SYRA
Revenue$7.23M
Net income-$896.3K
Assets$2.77M
$2.54
-2.12%
Revenue$4.95M
Net income-$726.9K
Assets$16.65M
Neuraxis, INC NRXS
$6.93
+2.21%
Revenue$3.57M
Net income-$7.80M
Assets$6.40M
Arrive AI Inc. ARAI
$0.15
-12.97%
Revenue$113.3K
Net income-$12.83M
Assets$10.93M
Revenue$0
Net income-$101.1K
Assets$14.1K
$1.59
-3.64%
Revenue$0
Net income$55.39M
Assets$168.91M
1ST SOURCE CORP SRCE
$83.91
-1.29%
Revenue—
Net income$158.28M
Assets$9.06B
$0.84
-6.66%
Revenue—
Net income-$5.05M
Assets$27.02M
$10.74
0.00%
Revenue—
Net income$8.35M
Assets$244.42M
EIDP, Inc. CTA-PA
Revenue—
Net income—
Assets$101.03B
Finward Bancorp FNWD
$41.35
-0.51%
Revenue—
Net income$8.09M
Assets$2.02B
FIRST CAPITAL INC FCAP
$63.38
-1.03%
Revenue—
Net income$16.37M
Assets$1.27B
$73.34
-0.84%
Revenue—
Net income$79.21M
Assets$5.76B
$26.04
-1.85%
Revenue—
Net income-$35.17M
Assets$5.57B
FIRST MERCHANTS CORP FRME
$38.98
-1.58%
Revenue—
Net income$226.00M
Assets$19.03B
$19.25
-1.31%
Revenue—
Net income-$150.48M
Assets$6.44B
Latest financials unavailable
$56.88
-0.99%
Revenue—
Net income$103.36M
Assets$6.99B
$53.24
-0.03%
Revenue—
Net income-$86.97M
Assets$385.14M
Merchants Bancorp MBIN
$48.95
-1.75%
Revenue—
Net income$218.77M
Assets$19.45B
$24.56
-0.69%
Revenue—
Net income$669.26M
Assets$72.15B
$56.03
-0.74%
Revenue—
Net income$783.00M
Assets$27.39B
$15.32
-0.42%
Revenue—
Net income$11.58M
Assets$1.53B
No companies match that search.
Showing top 10 of 54 companies by latest annual revenue
Sources: SEC EDGAR submissions (company information) · SEC XBRL Company Facts (financials) State Ledger collected this data Sep 19, 2026, 15:11 UTC — fiscal year above reflects each company's own reporting period, not this collection time. Market data: Alpaca via IEX, latest completed session stored by State Ledger. See the Markets & Economy page for the full non-SIP coverage disclosure and national market activity.
Education Summary
High school graduate+
89.77%
population 25+
Bachelor’s degree+
27.84%
population 25+
Public K-12 enrollment
1,036,108
1,921 schools
Student/teacher ratio
15.8 : 1
K-12 public schools
Educational Attainment
Attainment among population 25 and older
U.S. Census Bureau, American Community Survey 5-Year Estimates · 2021 ACS 5-year · 4,501,214 people
K-12 Education
Public schools
1,921
Teachers (FTE)
65,597
Graduation rate
88.00%
class of 2022
Per-pupil spending
$11,411
2021
Average teacher salary
$54,126
2022
National Center for Education Statistics, Digest of Education Statistics · reference year 2023
Higher Education
College enrollment
436,234
Degree-granting institutions
64
Avg. published tuition, public 4-yr
$9,886
Public
16
Private nonprofit
41
Private for-profit
7
National Center for Education Statistics, Digest of Education Statistics · reference year 2023
Schools & Institutions
21st Century Charter Sch of Gary
Regular School
1,337 enrolled
A K Smith Area Career Center
Career and Technical School
0 enrolled
Aboite Elementary School
Regular School
470 enrolled
Abraham Lincoln Elementary School
Regular School
286 enrolled
Abraham Lincoln Elementary School
Regular School
546 enrolled
Abraham Lincoln Elementary School
Regular School
897 enrolled
Academy for Innovative Studies
Regular School
348 enrolled
ACE Preparatory Academy
Regular School
149 enrolled
Achieve Virtual Education Academy
Regular School
454 enrolled
Achieve Virtual Elementary
Regular School
100 enrolled
Acton Elementary School
Regular School
534 enrolled
Adams Central Elementary School
Regular School
647 enrolled
Adams Central High School
Regular School
374 enrolled
Adams Central Middle School
Regular School
319 enrolled
Adams Elementary School
Regular School
270 enrolled
Adams High School
Regular School
1,976 enrolled
Adelaide De Vaney Elementary Sch
Regular School
437 enrolled
Akron Elementary School
Regular School
385 enrolled
Albany Elementary School
Regular School
299 enrolled
Alexander Hamilton Elementary Sch
Regular School
239 enrolled
Showing 1–20 of 1,921
Source: National Center for Education Statistics (NCES) · Common Core of Data (K-12) / IPEDS (higher education) State Ledger collected this directory Sep 21, 2026, 19:14 UTC — reference year above reflects NCES's own collection period, not this collection time.