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Indianapolis, Indiana 125 Reviews | Leave a Comment



Pros

-Revitalized downtown
-Sports and recreation
-Strong buying power

Cons

-Growth and sprawl
-Crime rates
-Air quality


What Bert Has To Say About Indianapolis Metro Area


Indianapolis, once a poster child for blighted Midwestern old-economy cities, is now a showcase for publicly coordinated and funded urban renewal. The city features a city/county “Unigov” government system, which has worked well for coordinated planning and public redevelopment efforts. Cost of living is very attractive for this type of city. The vastly renewed downtown core boasts attractive new buildings, pedestrian zones, and a state-of-the-art sports arena.

The area has a diverse industrial base of high-tech and agricultural industries, and serves as headquarters to pharmaceutical and research giant Eli Lilly and a strong presence of financial services, publishing, industrial automation and software. Spectator sports, including the NBA Pacers, NFL Colts and a few minor league franchises are a huge draw. The venerable Indianapolis Motor Speedway hosts the Indianapolis 500, the Brickyard 400, and other events. Pro and college sports- particularly basketball- get enormous attention. The NCAA Hall of Fame is located downtown, and the city hosts portions of the NCAA basketball tournament each year. “Indy” boasts a well-rounded arts and cultural scene and the educational opportunities of the nearby Indiana-Purdue joint campus and Butler University.

Access and transportation around the city are aided by a grid with radiating spokes and a circular beltway. Residential neighborhoods spread out in all directions, with the fashionable and attractive Carmel, Fishers and Noblesville towards the north. Sections immediately south are more commercial and industrial, while areas farther to the south contain recreational opportunities in the wooded and hilly town of Nashville and Brown County State Park.

In part because of Southwest Airlines, air service features some of the best discounts in the Midwest. Cost of living is very low. Some traffic problems have emerged on commute corridors particularly in the north, and the area has experienced some effects of the decline in the auto industry, Crime rates run a bit above average and air quality is somewhat worse. But these are minor issues; overall Indy is one of the brighter spots in today’s Midwest.

The climate is continental with warm, humid summers, but without a dry season and little extreme heat. Precipitation is evenly distributed throughout the year, and winters are cold and variable with intermittent rain and snow. Snowfalls of 3 inches or more occur on average of two to three times each winter. First freeze is mid- to late October, last is late April.


Highlights



Quick Facts About Indianapolis


    ECONOMY
    The unemployment rate in Indianapolis is 5.80 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Indianapolis jobs have Increased by 4.17 percent.
    COST OF LIVING
    Compared to the rest of the country, Indianapolis's cost of living is 11.10% Lower than the U.S. average.
    POPULATION
    As of 2014, Indianapolis's population is 831,230 people. Since 2000, it has had a population growth of 3.41 percent.
    TRANSPORTATION
    Average Commute time is 23 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Indianapolis is $120,500. Home appreciation the last year has been 8.00 percent.
    SCHOOLS
    Indianapolis public schools spend $12,333 per student. The average school expenditure in the U.S. is $12,435. There are about 16.8 students per teacher in Indianapolis.

Best Places to Live in Indianapolis, Indiana



Indianapolis Housing Market


It's a good time to buy in Indianapolis. Home Appreciataion is up 8.0% in the last 12 months. Browse Indianapolis Real Estate.
The median home price in Indianapolis is $120,500. Browse Homes in this Range.
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Comments


Blandianapolis - America's largest suburb striving
I've read the comments dating back to Feb 2006 and, after having lived in Indy for the last 41 years, all of the critical analysis is spot on. Wanted to offer a current... (read more)
re: Indy is very underrated - 11/10/2014
EB, is there a reason you never provide any backup to your attacks on others? You just call them trolls. Is that all you got? Try harder, EB. Indy is America's... (read more)
re: Indy is very underrated - 11/10/2014
Livability ranked downtown Fort Worth ahead of Indianapolis. Fort Worth doesn't even have the best downtown in the Dallas Fort Worth metroplex and yet Livability thinks... (read more)
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