Last updated: 2025 BLS data · Page refreshed:
How much does a Economists actually take home in Indiana?
3.0% flat rate — 22.6% effective total tax rateData: BLS OEWS 2025 + IRS/State Tax Brackets 2024 • Updated 2026-05-19
Detailed line-by-line tax calculation for a Economists earning $80,750 in Indiana (single filer, standard deduction).
| Tax Component | Annual Amount | Effective Rate |
|---|---|---|
| Gross Salary (Median) | $80,750 | — |
| Federal Income Tax | -$9,606 | 11.9% |
| Indiana State Income Tax | -$2,462 | 3.0% |
| Social Security (OASDI) | -$5,006 | 6.2% |
| Medicare | -$1,170 | 1.5% |
| Total Taxes | -$18,246 | 22.6% |
| Take-Home Pay | $62,503 | 77.4% |
Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Economists in Indiana.
| Percentile | Gross Salary | Total Taxes | Take-Home Pay | Tax Rate |
|---|---|---|---|---|
| 10th Percentile (P10) | $47,350 | -$8,764 | $38,585 | 18.5% |
| 25th Percentile (P25) | $47,350 | -$8,764 | $38,585 | 18.5% |
| Median (P50) | $80,750 | -$18,246 | $62,503 | 22.6% |
| 75th Percentile (P75) | $144,640 | -$39,728 | $104,911 | 27.5% |
| 90th Percentile (P90) | $163,380 | -$46,231 | $117,148 | 28.3% |
After federal income tax ($9,606), state tax ($2,462), and FICA ($6,177), a Economists in Indiana takes home $62,503 per year — or $5,208 per month. The effective tax rate of 22.6% is relatively low compared to the national range.
With an effective total rate of 22.6%, a Economists in Indiana keeps $62,504 of $80,750 gross — roughly typical for U.S. middle-income earners once federal, FICA and state taxes are combined.
Indiana applies a flat state income tax — every dollar of wage income is taxed at the same rate. For this Economists salary that contributes $2,463 to the 3.0% effective state-tax burden.
Federal tax on this Economists salary is $9,606 (53%), but combined state ($2,463, 13%) + FICA ($6,177, 34%) make up the other 47% of the bill.
A Economists earning this gross in a no-income-tax state (e.g., Texas, Florida) would take home approximately $64,967 — only $2,463 (3.9%) more than in Indiana.
Indiana sits near the bottom (#35 of 40) for Economists after-tax earnings. Relocation, negotiation, or credential stacking typically show the clearest ROI in bottom-quartile states.
Translated into paycheck cadences, $62,504 net/year works out to $5,209/month or $2,404/bi-weekly for this Economists in Indiana — the numbers that actually hit a checking account after every deduction.
Where does a Economists keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.
Indiana ranks #35 out of 40 states for Economists after-tax take-home pay.
A Economists in Indiana earning a median salary of $80,750 will take home approximately $62,503 per year after federal income tax ($9,606), state income tax ($2,462), and FICA ($6,177). That is $5,208 per month or $2,403 per bi-weekly paycheck.
The effective total tax rate for a Economists in Indiana is 22.6%, broken down as: federal income tax 11.9%, Indiana state tax 3.0%, and FICA (Social Security + Medicare) 7.7%. This assumes a single filer with the standard deduction for 2024.
Indiana has a 3.0% flat rate. On a Economists's median salary of $80,750, the state income tax amounts to $2,462 per year, which is an effective state rate of 3.0%.
After all taxes, a Economists in Indiana takes home approximately $5,208 per month, or about $30.05 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.
We start with the 2025 BLS median salary of $80,750 for Economists in Indiana, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Indiana state income tax (3.0% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $62,503/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.
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This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.
Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR