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Indianapolis (zip 46227), Indiana   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Indianapolis: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Revitalized downtown
-Sports and recreation
-Strong buying power

Cons

-Growth and sprawl
-Crime rates
-Air quality


What Bert Has To Say About Indianapolis-Carmel-Anderson 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.


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Highlights


  • Profile: Capital city
  • Time zone: Eastern Standard Time
  • Elevation: 808
  • Real Estate: For Sale  For Rent
  • City: No City
  • Zip Codes: Indianapolis (zip 46227)

Quick Facts About Indianapolis


    ECONOMY
    The unemployment rate in Indianapolis (zip 46227) is 4.60 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Indianapolis (zip 46227) jobs have Increased by 2.74 percent.
    COST OF LIVING
    Compared to the rest of the country, Indianapolis (zip 46227)'s cost of living is 13.00% Lower than the U.S. average.
    POPULATION
    As of 2014, Indianapolis (zip 46227)'s population is 57,935 people. Since 2000, it has had a population growth of 13.20 percent.
    TRANSPORTATION
    Average Commute time is 33 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Indianapolis (zip 46227) is $117,200. Home appreciation the last 10 years has been -1.98%.
    SCHOOLS
    Indianapolis (zip 46227) public schools spend $11,966 per student. The average school expenditure in the U.S. is $12,383. There are about 19.4 students per teacher in Indianapolis (zip 46227).

Indianapolis Ranked & Rated



Indianapolis Housing Market


It's a good time to buy in Indianapolis. Home Appreciation is up 5.6% in the last 12 months. Browse Indianapolis Real Estate.
The median home price in Indianapolis is $117,200. Browse Homes in this Range.
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