At a glance: Indiana Indiana is the 17th most populous state in the U.S., with 6,924,275 residents across its 36,418 square miles, according to the U.S. Census Bureau. The state ranked No. 11 for business in 2024 by CNBC. Indiana is known for its diverse range of manufacturing, including automobiles, pharmaceuticals, and industrial machinery. Energy Indiana ranks No. 18 among states for most energy production, with its leading production sources being coal, noncombustible renewables, and wood and waste according to the U.S. Energy Information Administration. Indiana ranks No. 10 for most energy consumption. The leading energy sources consumed by Indianans is natural gas, coal, and motor gasoline. Indianans’ residential electricity rate is $0.158/kWh, cheaper than the national average. Commercial electricity rate is also cheaper; Indiana commercial users pay a rate of $0.1255/kWh, compared to the national average commercial rate of $0.1259/kWh. Industrial users pay $0.0824/kWh, just above the national average industrial electricity rate of $0.0804/kWh. Indianans’ residential natural gas price is $11.64 per thousand cubic feet, below the national average of $14.75, according to the most recently available data from the U.S. Energy Information Administration. Environment Annual carbon emissions decreased 5 percent since 1970, while the state’s population raised 39 percent during the same span. The population is projected to increase another 5.4 percent, to 7.1 million residents, by 2050. The federal government lists 32 species in Indiana as threatened or endangered.
