Some information about Indianapolis- a city I'm just learning about myself...
Indianapolis is best known for being the "Racing Capital of the World" with the Indy 500.
It is the 12th largest city in the Nation and the capital of Indiana.
The metro area has the highest job growth in the Midwest, with an influx of technology parks, bio tech and medical research. Some of the major employers are Eli Lilly, Purdue University, Indiana University, Rolls-Royce, FedEx, and SBC Indiana.
The city has gone through a dramatic revitalization and a renaissance that makes it a different place than it was just a decade ago. Indianapolis’ economy has transformed from one of primarily government and industry, to a much more diversified economy, contributing to the fields of education, health care, and finance. Tourism is also a vital part of the economy of Indianapolis, and the city plays host to numerous conventions and sporting events.
The city has gone through a dramatic revitalization and a renaissance that makes it a different place than it was just a decade ago. Indianapolis’ economy has transformed from one of primarily government and industry, to a much more diversified economy, contributing to the fields of education, health care, and finance. Tourism is also a vital part of the economy of Indianapolis, and the city plays host to numerous conventions and sporting events.
Some economic positive trends for Indianapolis:
Unemployment Below National Average (April 2011)
7.6% vs 9.2%
Job Growth (March 2011 vs. March 2010)
Non-farm payroll up 2.9%
Housing Affordability
93.5% of homes affordable to median income families
Median Income 7% Higher than National Average
Population Growth of Indianapolis MSA
Increased 15% 2010 over 2000. Nearly double the U.S. rate.
7.6% vs 9.2%
Job Growth (March 2011 vs. March 2010)
Non-farm payroll up 2.9%
Housing Affordability
93.5% of homes affordable to median income families
Median Income 7% Higher than National Average
Population Growth of Indianapolis MSA
Increased 15% 2010 over 2000. Nearly double the U.S. rate.
For additional information: http://en.wikipedia.org/wiki/Indianapolis
List of cashflowing properties in Indianapolis coming up! Stay tuned....
Naomi.
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