Are you dreaming of living in Indianapolis? If so, you’re not alone. Relocating to the Midwest offers more bang for the buck regarding real estate. Couple that savings with its lower cost of living and booming job market, making Indianapolis a stand-out prospective locale. Let’s start with the weather. As the seasons unfold, Indianapolis residents enjoy rain in the spring, hot and humid summer nights, and sweater weather in the fall with a kaleidoscope of changing leaves. The winter months are akin to those in Philadelphia, Chicago, New York, or Boston, with harsh winter months through the holidays and into the New Year.
Living in Indianapolis is fun. With four distinct seasons, festivals, educational opportunities, and sporting events showcasing an array of talent, Indianans have it made. This exciting city earns its iconic title, the “Racing Capital of the World.” A hotspot for thrilling adventures, from the Indianapolis 500 to Superbowl Sunday, Indiana has entertainment for all ages and lifestyles. Bordered by Ohio, Kentucky, and Michigan, the location is ideal for exploration and travel. Let’s dive in and uncover the benefits of living in Indianapolis.
1. Living in Indianapolis is Affordable.
Indiana ranks highly in affordability compared to other major cities in the U.S. Fact-Finding Authority, Forbes ranks Indiana among the top 10 Cheapest States to Live In. Additionally, the job market in Indianapolis is hot, and business professionals in the area are thriving. The dominant employment sectors are healthcare, education, tech, and manufacturing. Indianapolis delivers, providing residents with steady and reliable employment and salaries. With great schools and abundant job opportunities, living in Indianapolis is desirable. Steadily, home prices remain low, and the cost of living in Indiana is favorable. Along with moderate property taxes and offering a business-friendly tax climate, further lower homeownership and employment costs.
According to RentCafe, the cost of living in Indianapolis is only 1% higher than the state average and 8% lower than the national average. Housing is 20% cheaper than the U.S. average. Necessities such as food and, clothing, groceries are 4% less in Indianapolis than in the rest of the country, while clothing costs around 4% less. Despite higher crime rates, Indianapolis’ large population density influences these figures. As the 16th largest U.S. city, it ranks 44th in crime among the most populous places.
2. Living in Indianapolis is Lucrative.
Prepare to be swept away by career opportunities from various Fortune 500 Corporations, government jobs, and medical and pharmaceutical giants like Anthem and Lily. Engage with national companies headquartered within the city, such as Simon Property Group, the NCAA, Finish Line Inc., and many healthcare industries.
Sports enthusiasts line up! Welcome to Indianapolis, a town of athletic prowess. The city has a long history of hosting major events. With so many professional events held within city limits, careers evolving around major sporting events are easy to come by.
Why not try something new, revolutionize the idea of work, and stay home? Since Indy is on the Best Cities for Remote Work list, this is the perfect locale to start. The Indianapolis area is brimming with top-notch coworking facilities, and the job market is rich with plenty of remote positions and hybrid employment possibilities. For in-office employees, commuting is relatively easy in this city, with downtown reachable on foot or with public transit.
3. Living in Indianapolis is Lively.
Indianapolis’s renowned sports teams and racing events at the Indianapolis Motor Speedway are among the top attractions in the midwestern states. Beyond the allure of dazzling marquee lights and franchised promotional events, the deep-rooted ties of Indianapolis’s sports fans represent an enduring generational legacy. In May, the town transforms as the town prepares to host the Indianapolis 500.
The city transforms as hyped-up racing fans fill the streets for the largest one-day sporting event in the world. Indy fans are dedicated; just look at Carb Day and the 500 Festival Parade, and it’s easy to see that these folks are lively. With over 300,000 in-person spectators flooding the area to support this prestigious auto race, American motorsport culture is alive and well in Indianapolis.
Sports
When it comes to football, the Indianapolis Colts (NFL) and the NCAA play at the Lucas Oil Stadium throughout the NFL season. Whether it is a first game or another one on the roster for a die-hard Colts fan, dating back to the Payton Manning days, these players lay it all on the line for their football-loving city.
Located in Downtown Indy, at the center of the Circle City sports landscape, Victory Field is home to the Indianapolis Indians (MLB), who have been dazzling fans for over 120 years. This town takes great pride in its sports teams, and in true Hoosier fashion, baseball is no exception.
In addition, Indianapolis’s infrastructure is well-regarded for managing and streamlining mega sporting events such as the Final Fours and Big 10 Championships. Here, fans can be heard, seen, and felt cheering on their beloved athletes. Hitting the courts at Banker’s Life Fieldhouse, home of the Indiana Pacers (NBA), is a local tradition. With the rise of young guard Tyrese Haliburton, the Pacers are on track to have a flashy shotmaking season with remarkable team performance to keep those Indy super fans on the edge of their seats.
Art
Discover the magic of world-renowned art exhibits and performing arts. Indy has the art scene covered. Check out the Eiteljorg Museum of American Indians and Western Art and the Indiana State Museum. Witness over one hundred artists, galleries, craft breweries, and expertly poured cocktails at one of Indy’s best destinations, the Circle City Industrial Complex.
Indianapolis Children’s Museum is the largest children’s museum in the country, covering nearly 30 acres and almost 500,000 square feet of exploration and exhibits that entertain and educate simultaneously.
Zoo
For animal enthusiasts, check out Indianapolis Zoo’s latest attraction, Chimpanzees. For outdoor adventure, families and nature lovers can explore Eagle Creek Park‘s five thousand + acres of scenic landscapes. Fort Harrison State Park is a rollerblading haven. Outdoor lovers experience the world of excitement at White River State Park. With more than two hundred acres of playground for adventure seekers, there is something for everyone to enjoy. At every level Indy offers the opportunity of being in a big city, with the outdoor escapes where locals and visitors gather.
Transportation
Indianapolis’s public transportation is working hard to keep up with the city’s growth. Getting around the metro area is easy, but the surrounding communities require ride-sharing taxis and individual cars. Take the word of more than 10 million travelers: Indianapolis’ bus system, IndyGo, is a hot ticket item. Embark on an unforgettable journey and hop on one of the 250 bikes from the Pacers Bikeshare. Ride through the Indianapolis Cultural Trail, an internationally acclaimed path from Mass Ave to Fountain Square.
4. Living in Indianapolis is Smart.
Indianapolis Public School is the largest of the dozens of public school systems in the metropolitan area. Many private and parochial schools also serve the city. Of these schools, Niche ranks the public school systems above the national average. Overall, Indianapolis receives an A- Niche grade.
For higher education, Indiana hits the mark. Graduates and young professionals can not only graduate from top-tier schools, but the educational facilities also employ many residents. Although each school offers wide-ranging fields of study, here are some highly rated programs.
The University of Indianapolis (UIndy) offers advanced studies, including nationally recognized graduate programs in healthcare and medical services. For accounting, education biology, and business careers, check out Marian University. Students interested in the broad career opportunities surrounding athletics enjoy Butler University. Committed to excellence, Indiana University-Purdue University Indianapolis (IUPUI) appeals to students interested in health, marketing, computer science, and engineering. Without question, the state capital of Indiana has education dialed in.
5. Living in Indianapolis is Centralized.
Indianapolis is known as the Circle City. The entire city originates around Monument Circle, a Civil War Monument designed to honor Civil War Veterans. Indy’s Downtown District is thriving. Its central location provides easy access to local hotspots and exciting nightlife, all within walking distance. Nestled amidst Downtown’s attractions are the Lucas Oil Stadium, famous museums, and the White River State Park. Here are some homebuying hotspots to consider.
Beyond Indianapolis’s downtown neighborhoods, life in the suburbs ranks high. At the top of Niche’s “Best Places to Live” ranks are Carmel and Fishers. However, Carmel is a city just north of Indianapolis. Carmel’s streets are ideally engineered with roundabouts to improve commute time and ease traffic flow. Nestled amidst these streets are the City Center Drive Roundabout, Carmel Arts and Design District, The Palladium and the Center for Performing Arts, Hotel Carmichael Autograph Collection, and Clay Terrace Outdoor Mall.
Additionally, the popular community of Fishers is just east of downtown Indianapolis. It is a family-friendly, safe area to live. Residents have access to Top Golf for entertainment and Ikea for shopping. The city has a unique downtown area that hosts community events and entertainment.
Broad Ripple Is a laid-back, free-spirited community. It has clubs, breweries, and just about anything for entertainment. There is something for everyone.
In the broader scope of Indiana, Zionsville, Greenwood, and Avon are all excellent surrounding cities. Westfield is 30 minutes north of downtown. It offers families, parks, and a 400-acre Grand Park, a vast recreational area. Dining and shopping are available, as are community events.
Ready to Move to Indianapolis?
Imagine experiencing life in the Hoosier state, where abundant recreational areas and green spaces cohabitate with an urban lifestyle. Here, residents enjoy a balance of a small-town feel and the opportunities of a large city. Indiana is also a business-friendly state with tax laws that enable businesses to thrive. All wrapped up in an easily commutable large city, Indianapolis is easy to get around. Typically, drivers can get from one side of the town to the other within thirty minutes. As the adage goes, location is everything. Living in Indianapolis provides easy access to large cities like Louisville, Columbus, Cincinnati, and Chicago, just a few hours away.
Why not get the ball rolling and buy into the American dream by connecting with a lender who can finance your next real estate adventure? Now is the best time to improve your quality of life and finance a new home in Indiana. Taking the plunge and purchasing a new property in Indianapolis is only a click or a phone call away.
The Steps are Simple:
Schedule a Call: An experienced loan officer can discuss your needs and guide you through the possibilities.
Get Approved: We’ll help you through the application process and facilitate the steps for approval.
Exhale: Put your feet up and feel secure knowing you made the best decisions about your home loan.
With proper guidance, you can get your first home, accommodate your growing family, and start that renovation project—whatever goal is on the horizon. An alliance with Mortgage Insiders will give you the confidence to know that your mortgage loan is setting you up for financial success. Mortgage Insiders offers today’s latest financial news and mortgage trends. Check out our channel for current events.
