Indianapolis, Indiana
- The top employer in Indianapolis, Indiana is the Indiana University Health system, which is a major healthcare provider in the area.
- The second largest employer in Indianapolis is the Indianapolis Public Schools system, which employs a significant number of teachers, administrators, and support staff.
- The third largest employer in Indianapolis is the Eli Lilly and Company, which is a major pharmaceutical company with a large presence in the city.
- The fourth largest employer in Indianapolis is the State of Indiana government, which employs a large number of people in various departments and agencies.
- The fifth largest employer in Indianapolis is the Anthem, Inc., which is a health insurance company with a major office in the city.
The presence of these large employers in Indianapolis can make it a good place to invest in real estate for several reasons. First, the healthcare and pharmaceutical industries are stable and likely to remain so in the future, providing a stable economic foundation for the city. Additionally, the presence of a large public school system and government agencies can attract a diverse workforce to the area, which can drive demand for housing. Overall, the strong economy and diverse range of industries in Indianapolis can make it a good location for real estate investment.
- Lower housing costs: According to data from Zillow, the median home value in Indianapolis is $231,170, which is lower than the national median home value of $398,500. This means that, on average, housing costs in Indianapolis are relatively lower compared to the national average. https://www.zillow.com/home-values/32149/indianapolis-in/
- Lower transportation costs: According to data from Numbeo, the cost of a monthly public transportation pass in Indianapolis is $60, which is lower than the national average of $70. Additionally, the cost of gasoline in Indianapolis is lower than the national average, with a gallon of regular unleaded gasoline costing an average of $2.97 in Indianapolis compared to $3.16 nationally. https://gasprices.aaa.com/
- Lower food costs: According to data from Numbeo, the cost of groceries in Indianapolis is 16% lower than the national average.
- Lower healthcare costs: According to data from the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance in Indianapolis is $6,312, which is lower than the national average of $7,188.
Indiana Properties
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