Indianapolis, IN variant. This is a Indianapolis, IN-specific version of the Paycheck Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Paycheck Calculator.
Indianapolis paychecks are shaped by IN state tax plus a 2.02% local income tax. With a $58,572 median income and a cost-of-living index of 88 (US avg = 100), take-home pay tells only part of the affordability story.
Taxes on a Indianapolis paycheck
Indianapolis layers a 2.02% local income tax on top of IN state tax and federal withholding - one of the few cities to do so. That extra bite makes gross-to-net conversion especially important here.
Enter your gross pay and pre-tax deductions in the calculator above to localize your Indianapolis take-home figure.
About Indianapolis, IN
Indianapolis residents pay a local county income tax in addition to Indiana state income tax.
Indianapolis is one of the more affordable large-city housing markets in the country, with modest home prices and rents.
Indianapolis's economy is supported by healthcare, logistics, advanced manufacturing, and a strong sports and convention sector.
Worked example: $58,572 in Indianapolis
FICA on $58,572 is $4,481. Indianapolis's 2.02% local tax adds about $1,183. Federal and IN state tax apply on top.
Quick reference
- Median home value: $220,000
- Median rent: $1,300/mo
- Median household income: $58,572
- Local sales tax: 7%
- City income tax: 2.02%
- Effective property tax rate: 1.07%
- Cost of living index: 88 (US avg = 100)
Frequently Asked Questions
Does Indianapolis have a city income tax?
Yes - Indianapolis levies a 2.02% local income tax in addition to IN state tax.
What is the median income in Indianapolis?
About $58,572 per household.