In the Midwestern region, the first Europeans arrived in the 1670s in Indiana, which means “Land of the Indians,” but it was in the 1800s that the Indiana Territory began to develop, becoming the 19th state in 1816.

The Indiana Gas Boom during the late 19th century saw the rapid growth of the manufacturing industry. At the same time, a strong cultural influence developed with Indiana’s Golden Age of Literature. By the 1930s, the auto industry arrived in the state, inspiring the building of the Indianapolis Motor Speedway, and later the 20th century pharmaceuticals joined the industry boom.

There are 6.83 million people living in Indiana, most of whom are white (83%). The capital is Indianapolis, which is home to 860,000 people, and the largest county is Marion County with more than 900,000 residents.

 The media age is 37.4, with slightly more females than males. The median household income in Indiana is $56,303 which has grown 2.4% year-over-year. Indiana has a median home value of $141,700, which has risen 8.6% year-over-yea

Indiana has a subtropical climate where summers are warm and humid, while winters are cold, with snow and rain. But the state does suffer from periods of floods and drought.

The average temperatures sit between 26°F (-3°C) and 86°F (30°C), rarely going above or below. The state’s summer is between May and September, with the hottest month being July. The winter months are much shorter, from November to February. Rainfall tends to occur throughout the year and snow often falls during winter.

If you are looking to invest in property in Indiana, Fishers is a town you really need to consider. Fishers came third in Money Magazine’s Best Places to Live; the criteria being affordability meeting a high quality of life. It is a busy, vibrant place to live with an entrepreneurial population – it is the 5th safest city in the state.

 There are 85,887 people living in Fishers with a median age of 35 mainly white population and a median household income of $109,454. There are plenty of attractions to visit including the Conner Prairie Interactive History Park, Fishers Train Station and Geist Reservoir.

The capital of Indiana, Indianapolis has the largest population of 1,858,000 in 2022, an increase of 1.36% in 2021. The average household income is $68,367 and the median home value is $137,000, making it an affordable town to invest in property.  

 Residents enjoy a good cost of living in Indianapolis and the job market is strong, predominantly in the healthcare and technology sectors. As well as being home to the largest children’s museum, professional and college sports teams, Indianapolis’s housing sector enjoys growing demand in both sales and rentals..

Carmel has a suburban feel, with the majority of the 106,843 residents owning their houses, and is highly rated as one of the best places to live in the state. The average household income is $159,423 and the median home value is $333,200.

 There are plenty of parks in which to relax and enjoy as well as a great choice of restaurants offering delicious cuisine, coffee shops and lots of shopping opportunities. The Palladium hosts lots of music, dance and theater events while this delightful, family-friendly town also has two golf courses.

Here are the top reasons to consider buying real estate in Indiana:

 Strong rental demand. Indiana attracts plenty of out-of-state property investors looking for affordable houses and condos, and the strong rental demand will ensure good returns.  

Growth in population. Indiana’s population is steadily growing, up 1.37% last year, which will continue to drive demand in the housing market for sales and rentals.

A thriving job market. The job market is predicted to increase by around 2.5% with leading industries being healthcare, technology, aerospace/aviation manufacturing and energy.

Quality of life. The cost of living in Indiana is lower than neighboring states with house values remaining affordable, which is attracting plenty of investment in the state.

Indiana represents an ideal location for property investors, offering affordable housing and good returns, in both the sales and rental market. A good cost of living, thriving job market, quality of life and plenty of things to do and see keep the demand for housing strong. Although more people own their homes (56%) compared to renting (44%), there is plenty of opportunity for growth.

 If you’re looking for a great place to bring up a family or invest in property for good returns, benefiting from a thriving job market, affordable housing and plenty of things to do and see, you won’t go far wrong in Indiana.