Indianapolis, Indiana is a large city with a population of 846,674 inhabitants. Not a fan of sitting in traffic? One big advantage of living in Indianapolis is the reasonable commute times to work. With an average one way commute time of 23 minutes, getting to work is faster than the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Indianapolis, Indiana could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, employment, housing, you can easily compare the best places to live in Indianapolis and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Indianapolis to Indiana and the national average.
Using data and statistics Indianapolis has received a livability score of 77 out of 100. This score is ranked in the 91st percentile when compared to all other cities. Clearly, Indianapolis is doing something right, as this score ranks well above the average of most cities. Indianapolis also ranks in the top 10 percent of all cities, which is no small feat! There are seven total categories that create the livability score. Indianapolis ranks well for cost of living (A+) and housing (A). Indianapolis does not do well for the following: crime (F) and employment (D). It might be wise to take a closer look at each category to find out why.
Location, location, location - those 3 words empasize the significance of the location of any property and are possibly the three most important words in your search for a new place to live. Fortunately, in Indianapolis, there are an abundance of amazing local amenities and other interesting things to do. These include grocery stores, coffee shops, places to eat and parks. Some of the interesting things to do and attractions include: Children's Museum of Indianapolis, Indianapolis Zoo, and Lucas Oil Stadium.
Finding affordable real estate and apartments for rent in Indianapolis can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Indianapolis is actually affordable. Median real estate prices in Indianapolis come in at $120,400, which is 4.8% lower than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Indianapolis, the home price to income ratio is 2.8, which is 12% higher than the Indiana average.
|Average one way commute||24min||23min||26min|
|Workers who drive to work||79.8%||83.0%||76.4%|
|Workers who carpool||9.2%||8.9%||9.3%|
|Workers who take public transit||1.6%||1.1%||5.1%|
|Workers who bicycle||0.4%||0.5%||0.6%|
|Workers who walk||2.0%||2.1%||2.8%|
|Working from home||6.0%||3.5%||4.6%|