Is $250,000 a good salary in Indiana?
$250,000 in Indiana is a top-5% household income - the 95th percentile of Indiana households in the Census ACS 2024 distribution (95th nationally). A single filer keeps about $175,576 after federal, Indiana state, and FICA taxes - roughly $14,631/mo at a 30% effective rate. Statewide median rent takes 5% of gross, inside the affordable band.
Estimate only - not financial advice. Methodology and sources.
Census ACS 2024 1-year data (tables B19080, B19013), verified . Reviewed by kgenots, Editor. Methodology
Indiana household income distribution (ACS 2024)
Indiana's own published cut-points - where $250,000 sits is highlighted. These are the actual Census quintile thresholds for Indiana, not the national distribution rescaled.
| Percentile | Band | Household income |
|---|---|---|
| 20th percentile | Bottom 20% | $31,876✓ passed |
| 40th percentile | Lower-middle | $57,580✓ passed |
| 50th percentile (median) | Median household | $71,959✓ passed |
| 60th percentile | Upper-middle | $87,878✓ passed |
| 80th percentile | Top 20% starts | $137,197✓ passed |
| 95th percentile (top 5%) | Top 5% starts | $245,970✓ passed |
$250,000 clears the 95th percentile (top 5%) threshold in Indiana - placing it at the 95th percentile of state households.
Take-home pay on $250,000 in Indiana
| Gross income | $250,000 |
| Federal income tax | −$52,263 |
| Indiana state income tax | −$7,168 |
| Social Security (6.2%) | −$10,918 |
| Medicare (1.45%) | −$4,075 |
| Take-home (net) | $175,576 |
That's about $14,631/month net, an effective tax rate of 29.8%. Indiana's average combined sales tax is 7.00%, charged on taxable spending out of that net - a consumption cost on top of the income tax above.
Single filer, 2025 federal brackets + standard deduction. State tax uses Indiana's top/flat marginal rate, so in progressive-bracket states (e.g. California, New York) the state line is an upper bound and your actual net is likely a little higher. Married-filing-jointly and pre-tax 401(k)/health deductions also change the result. Estimate only - Indiana take-home detail →
Occupations near $250,000 (single earner)
BLS national median wages within ±15% of $250,000 - gives texture for which careers and seniorities land at this income level.
| Occupation | Stage | National wage |
|---|---|---|
| Surgeon | entry-level | $250,000 |
| Anesthesiologist | entry-level | $248,000 |
| Lawyer | senior | $240,000 |
| Financial manager | senior | $240,000 |
| Marketing manager | senior | $240,000 |
| Dentist | senior | $235,000 |
Source: BLS Occupational Employment and Wage Statistics (OEWS), May 2024. National medians; metro/state variance can be ±30%. Career stage estimates: entry ≈ 25th pct, senior ≈ 75th pct of the same SOC code.
Lifestyle context - rent burden in Indiana
At $250,000 gross, statewide median rent eats 5% of income - inside the affordable band. Metro areas (LA, SF, NYC, Boston, Seattle) typically run 30-50% above the statewide median.
Home affordability at $250,000
Using the 28% rule on a 30-year mortgage, $250,000 gross supports a home purchase up to about $674,532. Indiana median home value is $199,400 - you can afford 338% of the median home, so buying statewide is realistic.
How $250,000 ranks in neighboring states
State-adjusted percentile shows the same income placed in Indiana's contiguous neighbors. Relevant for relocation, remote-work geography, or border-town decisions.
| State | Median HH | % vs median | Percentile |
|---|---|---|---|
| Indiana (current) | $71,959 | +247% | 95th |
| Kentucky | $64,526 | +287% | 95th |
| Ohio | $72,212 | +246% | 95th |
| Michigan | $72,389 | +245% | 95th |
| Illinois | $83,211 | +200% | 95th |
$250,000 ranks similarly in
Other incomes in Indiana
Common questions
- Is $250,000 a good household income in Indiana?
- It sits at roughly the 95th percentile of Indiana households in the state's own Census ACS 2024 income distribution (Indiana median $71,959). Nationally that's about the 95th percentile. Whether "good" depends on household size, debt, and metro cost of living - state figures smooth over big within-state variation.
- How does $250,000 compare to the Indiana median?
- It's 247% above the Indiana median household income of $71,959 (Census ACS 2024, table B19013). Half of Indiana households earn less than $71,959, half earn more.
- What is the highest income Indiana's data can rank?
- Indiana's published 95th-percentile cut-point is $245,970, below the $250,001 level at which the Census top-codes this measure. That means percentile positions in Indiana stay meaningful across the full range shown here, unlike in higher-income states where the top bracket is censored.
Full data sources and formulas: /sources.
Source and methodology
Data source. Indiana household income distribution comes from the U.S. Census Bureau, American Community Survey 2024 1-year estimates: table B19080 (quintile upper limits) and table B19013 (median household income), retrieved via the Census Reporter API on 2026-07-11.
How the percentile is derived. The Census publishes Indiana only at the cut-points shown in the table above. We interpolate linearly between the two published points that bracket $250,000. We do not rescale one national curve by a state median, which is what most percentile calculators do.
Limitations. Interpolated positions are accurate to a few percentile points, not to the decimal. Indiana's 95th-percentile cut-point is $245,970, below the $250,001 top-code ceiling, so ranks stay meaningful across the range shown. State-level figures also smooth over large metro-to-rural variation within Indiana.
US household income percentile calculator → Income percentile by state (all 50) → Full methodology →
Estimate only - not financial advice. Percentiles are interpolated from US Census Bureau ACS household income distribution tables and describe where an income falls nationally - they are not a judgment of what you should earn or financial advice. Cost of living varies widely by state and metro.
Reviewed by kgenots, Editor · editorial policy