Indiana

• Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
• Talent gap: Bachelor's-or-higher attainment trails the national average by 6.2 pts, relevant for advanced-services attraction strategy.

• Largest sector: Manufacturing employs 517,542 workers (22.5% of the top displayed sectors), at an average wage of $84,001.
• Economic scale: State GDP of $519.5B (2024) with per-capita income of $64,077.

• Top specialization: Primary Metal Manufacturing concentrates at 5.46x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• In line with national: Home value to income ratio of 3.0x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 70.6% owner-occupied; rental supply may be tight for incoming workers.

• Strong participation: 84.6% labor force participation indicates an engaged, available workforce statewide.

Indiana shows strong potential for primary metal manufacturing attraction, with a 5.46x concentration and 40,546 jobs in this sub-sector.

Cluster depth across primary metal manufacturing, transportation equipment manufacturing, and furniture and related product manufacturing creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

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