2025 Compare Cities Economy:
Indianapolis, IN vs Lake Placid, FL

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Highlights
- Household income in Lake Placid, is 23% less than it is in Indianapolis and is 66% below the National Average.
- Indianapolis unemployment rate is 5.6%.
- Lake Placid unemployment rate is 6.2%.
 Indianapolis, INLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth37.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$31,538  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$68,575  Unlock$85,028
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 Est. Households By Income
 Indianapolis, INLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K4.7%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K10.3%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K8.7%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K11.9%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Indianapolis, INLake Placid, FLUnited States
 Management, business, finance15.4%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.8%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement1.8%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance3.2%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support20.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Indianapolis    154 Reviews

I lived in Indianapolis for over 23 years, and I really miss the laidback: easy lifestyle there. The prices of most items are lower than elsewhere in the US, including  More

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No car? This city is built for cars. Not friendly to pedestrians; the lack of sidewalks is confounding. Public transportation is limited, with a "spoke wheel" layout  More

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Over 4 years ago

This is a response to another review, but everything I say here is true and I have been a lifelong Indy resident and feel this needs said. The only factual part is  More

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Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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