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INDIANAPOLIS OVERVIEW


Indianapolis benefits from a central location, a strong industrial and manufacturing base and good property and population demographics. Unemployment and cost of living are below the national average with a strong demand for single family rental homes.


Revitalised metro area over last 10 years with an influx of technology parks, biotech & medical research companies is known as the crossroads of the United States as 200 million of the population live within 700 miles of Indianapolis.

 

Eli Lilly the $40 Billion pharmaceutical giant employing 38,000 has been head-quartered in Indianapolis since 1876 and The Tourism & Convention business worth $3.4 billion annually employ 69,000 employees.

 

 


INDIANAPOLIS RANKINGS

  • 2nd by Business 2.0 Magazine in Top Ten Metro areas poised for a housing rebound
  • 4th nationally in Top 25 Cities for Business in Executive Outlook Magazine.
  • 4th Most Affordable City in the US by Forbes.
  • 7th in Top Ten Metro Cities for economic growth potential in Business Facilities Report.
  • One of the country’s top markets for return on rental properties by Forbes.
  • Indiana State has lowest property taxes in America & added new jobs at twice the national average in 2010.
  • Having over 500 foreign companies ranks Indiana first in the US for foreign direct investment.


AT A GLANCE

● Metro Population: 1,953,961 

● Major Industries: Health care, Insurance 

● Gross Metro Product: $100.1 B 

● Median Household Income: $53,125 

● Median Home Price: $135,400 

● Unemployment: 5.3% 

● Job Growth (2013): 2.1% 

● Cost of Living: 6.7% below average 

● College Attainment: 32.1% 

● Net Migration (2013): 2,520



INDIANAPOLIS ECONOMY

Indianapolis has a diversified economy with major contributions from education, health care and finance. Tourism is also a vital part of the economy of Indianapolis, playing host to numerous conventions and sporting events such as the Indy Jazz Fest, Indiana State Fair, Heartland Film Festival, and Indianapolis Theatre Fringe Festival. Of these, perhaps the most well known is the annual Indianapolis 500. Other major sporting events include the Brickyard 400 and the Men's and Women's NCAA Basketball Tournaments.


The city is home to numerous higher education institutions including Ball State University, Butler University, Indiana University, Purdue University, Ivy Tech Community College of Indiana, Marian University and Martin University among others. Indianapolis has a wide variety of museums and galleries which appeal to art lovers, car enthusiasts, sports fans, history buffs and people interested in science and technology.



INDIANAPOLIS HOUSING MARKET

 

The Indianapolis real estate market has been a source of growth. Median sales price is $ 32,000.

 

The Indianapolis real estate market this year will continue to gain strength along with the economic recovery, as several sectors are showing more improvement.      

                                                          


                                                             


                                                       



REASONS TO LIVE IN INDIANAPOLIS

  • Average commute time in Indianapolis is 20 minutes, less than the national average.
  • Indy Parks – over 150 parks and 7 trails are found in Indianapolis, including the Monon Trail, a 10 mile trail famous in Indy for providing a                chance to the great outdoors and take a break from the typically hectic pace of city life.
  • The Sports Capital home to the Super Bowl XLI winner Indianapolis Colts and the Indiana Pacers and host of the Super Bowl XLVI in 2012 in            the new Lucas Oil Stadium.
  • Indianapolis is home to the Indianapolis Motor Speedway, the largest spectator sporting facility in the world, which hosts The Indianapolis                  500 and the Brickyard 400.
  • Hoosier Hospitality – although Indianapolis is ranked the 11th largest city in the county, it is known for its friendliness, sense of community              and small town values.

INDIANAPOLIS EMPLOYERS

INDIANAPOLIS POINT OF INTEREST