What's Great About Indiana

Indiana is consistently ranked as a top state for tax climate. We've cut taxes for our residents every year over the last decade. In Indiana, we have low debt, balanced budgets, a AAA credit rating and a growing economy. Since 2020, our GDP has grown at a faster rate than any of our neighboring states and the national average, including three and a half times the rate of Illinois.

Although Indiana has many high rankings in numerous categories, some of the key ones include:

Best state to start a business in

• Indiana ranks 2nd in the nation according to Forbes.

Best place to live

• Carmel was ranked #2 and Fishers #4 on U.S. News & World Report’s Best Places to Live in the U.S. for 2025-2026. These rankings highlight those communities’ exceptional quality of life, strong job markets and vibrant neighborhoods. 

Top state for tax climate

• Tax Foundation ranked Indiana in the top 10 states for business tax climate.

Leading state for economic outlook

• Indiana ranks 3rd nationally for economic outlook according to ALEC's Rich States, Poor States.

The 2025 legislative session continued to power Indiana's positive economic rankings through a new two-year balanced budget that sustains our low-cost, low-tax climate while providing more transparency for Hoosiers across the state. House Republicans have always been committed to establishing Indiana as an economic powerhouse within the Midwest, and the country more broadly. This is evident through legislation like Senate Enrolled Act 1 which provides property tax relief to Hoosier homeowners and long-term reforms, and through Senate Enrolled Act 516 that creates the Office of Entrepreneurship and Innovation to drive small business and technology growth across Indiana by coordinating state resources and promoting access to capital and technical support for rural and underserved communities.

To learn more about Indiana's economic competitiveness, visit the Indiana Chamber of Commerce's website.