Indianapolis, IN Community Information

Indianapolis, IN Homes for Sale

Indianapolis Metro and Neighborhood Information

Unlike other capitals that were established as early settlements, Indianapolis was anointed the capital after the Indiana General Assembly mandated it. Even so, the city has flourished into a major metropolis. Indianapolis enjoys a thriving economy and a healthy population of over 780,000, making it the 12th most-populated city in the nation.

At the turn of the 20th century, discovery of natural gas deposits in Trenton Field and oil in nearby Lima-Indiana Field helped to mold Indianapolis into the major social and economic hub it is today. Even after the natural gas deposits were exhausted and oil production was halted, Indianapolis had already undergone a significant land and residential boom. During this prosperous period for the city, many companies relocated to Indianapolis's central business district.

Indianapolis is the proud home of the 2007 NFL Super Bowl Champion Colts and the NBA's Indiana Pacers. But it's the annual Indianapolis 500-mile race, better known as the Indy 500, that draws crowds. The Indianapolis Motor Speedway is the second-oldest car racetrack in the world and has been around for nearly a century. The racetrack also seats more than 400,000 fans, making it the largest sporting event stadium of its kind. In 1987, it became a registered national historic landmark, attracting hundreds of thousands tourists annually.

Thanks in part to a stable increase in Indianapolis home appreciation values, the city continues to grow. With homes starting around $150,000, it doesn't get more affordable than Noblesville. This northern suburb of the city is conveniently located near Indianapolis's downtown district. Noblesville features a charming mix of old and new, with rows of Victorian single family homes and contemporary luxury condominiums to choose from. Although older homes in Noblesville are priced below $200,000, custom subdivisions also abound with statelier properties averaging between $600,000 to upwards of $1 million.

Centrally located near downtown is the eclectic neighborhood of Broad Ripple Village. With its local eateries and trendy coffee shops, Broad Ripple is one of the most established neighborhoods in Indianapolis. While cottage-style homes are the norm in this area, more traditional detached single family homes are also available. Broad Ripple Village has become the playground for much of the city's artsy and wealthy population, but with its unique selection of homes and wide price range, it's perfect for any family. Take advantage of the affordable prices and begin your Indianapolis real estate search today!

Sources and more information:
http://en.wikipedia.org/wiki/Indianapolis
http://www.census.gov/population/www/
http://www.homegain.com/local_real_estate/IN/indianapolis.html
http://www.nextag.com/home-mortgage/2/IN/Indianapolis.html
http://en.wikipedia.org/wiki/Indianapolis_Motor_Speedway
http://www.discoverbroadripplevillage.com/
http://www.bretbaker.com/custom10.shtml

Indianapolis, IN Community Information

Population

900,259

Median Age

33.7

Median Household Income

$55,751

Households with Children

48.40%

Median Travel Time to Work

24 minutes

Indianapolis, IN Real Estate Market Information

Homes Owned

59.60%

Homes Rented

34.24%

Homes Vacant

6.16%

Indianapolis, IN School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 900,259
  • Total Male Population 440,477
  • Total Female Population 459,782
  • Population change since 2000 361.29%
  • Median age 33.7
  • Percent of households with children 48.40%
  • Personal Crime risk 212

Transportation

  • Median travel time to work 24 minutes
  • Percent using Public transportation 2.10%
  • Percent Driving/Using Carpool 91.73
  • Percent Using Other transportation 2.81%
  • Percent Working From Home 3.36%

Education Levels

  • Some high school 13.66%
  • High school graduate 30.09%
  • Some college 20.62%
  • Associate degree 6.77%
  • Bachelor's degree 19.07%
  • Graduate degree 9.80%

Occupation

  • Agriculture, forestry, and fishing 0.16%
  • Construction 6.36%
  • Manufacturing 11.51%
  • Wholesale Trade 3.75%
  • Retail Trade 10.19%
  • Finance, insurance and real estate 8.61%
  • Services 5.35%
  • Public administration 4.51%
  • Information 2.68%
  • Professional 10.43%
  • Education 20.73%
  • Arts 9.05%

Income

  • Average household income $69,670
  • Income change since 2000 21.07%

Climate

  • Avg. January high/low temp 35.12 / 18.16
  • Avg. July high/low temp 85.60 / 63.60
  • Annual precipitation 40.37

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