SmartAsset recently completed a study that shows Hamilton County is the top place in Indiana where women have the greatest opportunity to save money. The study analyzed the median salary of working women in each county in the U.S. and compared that with local purchasing power and tax rates to find the places where women save the most. For the full study, visit smartasset.com/checking-account/best-savings-accounts.
Rank |
County |
Median Income |
Cost of Living |
Purchasing Power |
Estimated Tax Rate |
Best Places for Women to Save Index |
1 |
Hamilton |
$53,416 |
$20,165 |
2.19 |
17.20% |
61.47 |
2 |
Boone |
$46,704 |
$20,165 |
1.92 |
17.20% |
49.78 |
3 |
Hendricks |
$45,941 |
$20,165 |
1.88 |
17.60% |
48.06 |
4 |
Hancock |
$45,164 |
$20,165 |
1.84 |
17.80% |
46.52 |
5 |
Johnson |
$42,435 |
$20,165 |
1.74 |
17.20% |
42.34 |
6 |
Porter |
$40,515 |
$19,913 |
1.69 |
16.70% |
39.95 |
7 |
Lake |
$39,611 |
$19,913 |
1.67 |
16.20% |
38.78 |
8 |
Floyd |
$40,052 |
$19,913 |
1.66 |
17.30% |
38.63 |
9 |
Franklin |
$38,547 |
$18,677 |
1.70 |
17.40% |
38.53 |
10 |
Warrick |
$38,711 |
$19,637 |
1.64 |
16.70% |
37.37 |