Indianapolis • Carmel • Anderson
Median Home Price
Down 24.3% since 2011
Down 1.3% since 2014
Up 34.5% since 2011
Sky High Yields in the Racing Capital
AKA: Indy, Racing Capital of the World, Crossroads of America
Population: 1,988,817 • Average days on market: 27 • Average gross yield: 12.1%
# of Building Permits in 2015: 8,735 • Employment Growth to Building Permits Ratio in 2015: 6.3%
Drivers: The city ranked #21 on the Forbes Best Places for Business and Careers and #43 on the U.S. News & World Report Best Places to Live. It has a relatively low cost of living and is seeing substantial job growth.
Leading industries: Home to three company headquarters in the Fortune 500, Indianapolis’s economy is sustained mainly by the health care and insurance industries.
Notable mentions: Indianapolis is synonymous with the The Indy 500, the world-famous NASCAR race sometimes referred to as “The Greatest Spectacle in Racing.” It’s a major hub for motorsports. Indianapolis also has almost 200 public parks for residents to enjoy fishing, sailing and kayaking.