POPULATION: 6,423,113 (2009)
LABOR FORCE: 3,184,780 (2009)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Agriculture, steel, automotive, life
sciences, wood and wood products,
electronics, plastics, food processing
EXPANDING INDUSTRIES: Life sciences, advanced manufacturing,
distribution and logistics,
information technology, telecommunications,
hybrid vehicles, alternative
energy/wind power, national
security, motorsports
COLLEGE GRADUATES: (Age 25 and over) 19.4%
BASIC BUSINESS TAXES:
Corporate Adjusted Gross Income
Tax: 8.5 percent
Sales and Use Tax: 7 percent
Property Tax: Real estate and personal
property are assessed at 100
percent of true value; rates vary
locally; business property taxes
capped at 3 percent of assessed
value
BUSINESS INCENTIVES
21st Century Research and
Technology Fund
Economic Development for a
Growing Economy (EDGE) tax
credits
Headquarters Relocation Tax Credit
Hoosier Business Investment Tax
Credit
Industrial Development Grant Fund
Industrial Recovery Tax Credit
Media Production Expenditure Tax
Credit
Patent-Derived Income Exemption
Property tax abatement
Research and Development Tax
Credit
Skills Enhancement Fund
State and local financing programs
Tax increment financing
Venture Capital Investment Tax
Credit
