Indiana ranks among the best in a number of Best Places for Business rankings. The 2020 CEO Survey by
ChiefExecutive.net placed Indiana the 5th Best State for Business while Tax Foundation ranked the state as one of the top 10 states in their ranking of its
State Business Tax Climate Index. The overall cost of doing business in Indiana is lower than in most other states. The City of Anderson - Madison County region is no exception.
Indiana was the first state in the industrial Midwest to pass
Right-to-Work legislation in 2012. This status created an even more attractive environment for businesses and entrepreneurs alike to move their operations to Indiana.
Cost of Doing Business Comparison
Cost of Doing Business Comparison compares Indiana to other states based on a number of measurements including Corporate Income Tax Rate, Individual Income Tax Rate, Property Tax Index Rank, Unemployment Insurance Tax, Worker's Compensation Premium Rate, Average Hourly Wage, Cost of Living Index and more. You can download the Cost of Doing Business Comparison charts for East, Midwest, South and West regions.
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State and Local Taxes
Indiana ranked #9 in the Tax Foundation's 2021
State Business Tax Climate Index (SBTCI), the highest among the Midwestern states.
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