Indianapolis is the capital and largest city of the state of Indiana, which is located in the eastern half of the United States. Indy is near many large American cities. Chicago, for example, is just three hours away by car or bus.
Indianapolis was founded in 1821 as the state capital, which it officially became in 1825. Some impetus for growth was given when the Cumberland (National) Road (modern Washington Street downtown) was routed across the city in 1827 and later when railroads arrived. Indianapolis had become a major rail centre by the start of the American Civil War in 1861, and its importance to Union logistics spurred further growth; its population more than doubled between 1860 and 1870.
Indianapolis is a city located in Hamilton County and Marion County Indiana. It is also the county seat of Marion County. With a 2020 population of 887,232, it is the largest city in Indiana and the 16th largest city in the United States . Indianapolis is currently growing at a rate of 0.62% annually and its population has increased by 8.14% since the most recent census, which recorded a population of 820,445 in 2010. Indianapolis reached it’s highest population of 887,232 in 2021. Spanning over 368 miles, Indianapolis has a population density of 2,454 people per square mile.
The average household income in Indianapolis is $68,367 with a poverty rate of 18.05%. The median rental costs in recent years comes to $892 per month, and the median house value is $137,000. The median age in Indianapolis is 34.2 years, 33.1 years for males, and 35.2 years for females.
The average salary for jobs in Indianapolis, Indiana is $57,794 (USD) per year or an hourly rate of $28 (USD).
In Indianapolis, the climate is warm and temperate. The rainfall in Indianapolis is significant, with precipitation even during the driest month. This climate is considered to be Cfa according to the Köppen-Geiger climate classification. The average annual temperature is 11.9 °C | 53.4 °F in Indianapolis. About 1121 mm | 44.1 inch of precipitation falls annually.
Indianapolis has an unemployment rate of 5.6%. The US average is 6.0%.
Indianapolis has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Indianapolis
– The Sales Tax Rate for Indianapolis is 7.0%. The US average is 7.3%.
– The Income Tax Rate for Indianapolis is 4.9%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Indianapolis
– The average income of a Indianapolis resident is $24,058 a year. The US average is $28,555 a year.
– The Median household income of a Indianapolis resident is $42,076 a year. The US average is $53,482 a year.
Notable People or Businesses
Indiana’s Top Employers
Below are a list of the top employers in the following Indiana cities:
As an Indiana business program graduate, these companies and public organization are highly qualified candidates to offer you employment. These are all well-respected and time-honored businesses capable of offering stable employment with large salaries and great benefits for those with the capabilities to efficiently and effectively manage their organizations.