We don’t like to brag but Indiana is ranked…
- 1st in the Midwest and 5th in the nation for ‘Best Business Environment’ by Chief Executive Magazine (May 2018).
- 1st in the Midwest and 6th in the nation for ‘Best Business Climate’ by Site Selection Magazine (May 2016).
- 1st in the Midwest and 10th in the nation for ‘Top Tax Climate’ by Tax Foundation’s Business Tax Climate Index (2019).
Indiana is one of only 11 states to earn an AAA credit rating from all three major credit rating agencies. Additionally, Indiana was the first Midwestern state to pass right-to-work and additional tax legislation to keep Indiana competitive.
The cost of doing business in Southwest Indiana is low. We not only support but we invest in business. Southwest Indiana’s educational institutions offer degrees and certificate programs directly related to our industry sectors by collaborating with our local major businesses. We have a skilled labor force in areas like advanced manufacturing, plastics, health and life sciences, along with logistics and distribution.
The Unemployment Insurance Tax Rate in Southwest Indiana is the 2nd lowest in the Midwest and 2nd lowest compared to all eastern states. Southwest Indiana’s Property Tax Index Rate is the 2nd lowest in the Midwest and the 2nd lowest compared to all southern states. The Worker’s Compensation Premium Rate is one of the lowest in the country, and the Corporate Income Tax in Indiana is on target to decrease to 6.5 percent by July 2015 with a goal of reaching 4.9 percent by 2021.
We know you want the best for your business, and we’ve created a pro-business environment in Southwest Indiana.