Indianapolis is the state capital and the largest city in the US state of Indiana. Resting in the state of Marion County, Indianapolis is located in the East North Central region of the Midwestern portion of America. Indianapolis is considered the second most populous city in the Midwest just after Chicago and ranks as the 14th largest city in the United States. Indianapolis is considered a hub of economy and a cultural center. The city is home to roughly 2,000,000 people and is considered the 34th most populous metropolitan statistical area within the United States. The combined statistical area of the metropolitan area and outlying regions ranks as number 26 with a number of roughly 2.4 million residents. The city of Indianapolis covers roughly 372 mi.² and is ranked the 16th largest city in terms of land area in the United States.
Indianapolis was founded in 1821 as a plan city for the updated seat of the government of Indiana. Initially one-mile square plotted by Alexander Raltson and Elias Pym, the Indianapolis of today has grown beyond Mile Square to become a major manufacturing and transportation hub. Through the completion of the National Road and solidified to the railroad system of Indianapolis, the Indianapolis of today is within a single day's drive to 70% of the United States population. It has been nicknamed as the crossroads of America. Indianapolis is considered the 26th largest anchor city in terms of economic regional growth and business services including transportation and logistics, financial services, distribution services, education, hospitality and tourism. The city is also made notable for its annual hosting of the world's largest single day sports event, the Indianapolis 500.
Indianapolis is a notable philanthropist community after leading endowments by the Lilly Endowment. Such endowments have contributed heavily to the city’s zoos, cultural institutes and children's museums including The Children's Museum of Indianapolis, Indianapolis Zoo, and Indiana Landmarks. Indianapolis is also headquarters to a significant number of monuments dedicated to veterans and war casualties. There a high-quality local government structure and a 25-member city Council, Indianapolis is also considered a highly sufficient global city.
Many lucrative long-term career opportunities are made available to graduates from local trade/vocational schools of higher education institutions. Indianapolis is home to a variety of higher education institutions and trade/vocational schools. Founded in 1969, one of the most notable universities is Indiana University/Purdue University Indianapolis (IUPUI). After its merger he to the branch of the Indiana University and Purdue University system, this particular university has a current enrollment of roughly 30,105 students. The student body makes it the third-largest in the state. The university itself is divided into two colleges in 18 schools including the Herron School of Art and Design, Robert H. McKinney School of Law, School of Dentistry, and the Indiana University School of Medicine. Many career opportunities are available for graduates in the school of medicine as well as on-campus career opportunities through the university itself.
For those interested in science and technology, Indianapolis is home to Ivy Tech and Central Indiana Region, community college funded by the state of Indiana. This community college currently serves roughly 100,000 students across the state. Indianapolis is also home to five major private universities including Butler University. This university is the oldest higher education institution in the study and maintains a current undergraduate enrollment of roughly 4000 students. Affiliated with the Roman Catholic Church, Marian University was founded in 1936 and moved its headquarters to Indianapolis in the following year. The University of Indianapolis, affiliated with the United Methodist Church, maintains a current enrollment of roughly 4169 students. Crossroads Bible College and Indiana Bible College also provide theology-based curriculum as well as trade/vocation certification and curriculum to many Christian students throughout the state. Indianapolis is also home to satellite campuses including Ball State University College of Architecture and Planning, Grace College, Indiana Institute of Technology, Indiana Wesleyan University, and Vincennes University.
With an annual gross metropolitan product of roughly $125.9 billion, Indianapolis;s metropolitan area ranks as the 26 largest economic region in the United States as well as the 42nd largest in the world. Among the city's largest industry sectors is the manufacturing industry, the healthcare and social services industry and the retail and trade industry. In contrast with Indiana as a whole, the Indianapolis Metropolitan area offers a lower proportion of manufacturing jobs in a far higher concentration of jobs related to administration, support, waste management, scientific and technical services, professional services and tech support.
As is the case with many Midwestern cities, Indianapolis's deindustrialization trends have impacted the local economy. Indianapolis, previously rivaling such cities as Detroit in terms of automotive production, saw the close of several major automotive manufacturing headquarters between the years 1990 and 2012. The downfall of the automotive manufacturing industry caused a loss in automotive related jobs across the city. Subsequently, top industries include biotechnology, healthcare and life sciences. These three sectors form a major part of Indianapolis's local economy. Roche Diagnostics and Dow AgroSciences maintain their major North American headquarters in the city of Indianapolis.
Indiana University – Purdue University Indianapolis: this public university in Indianapolis is a research university providing roughly 200 undergraduate and graduate degree programs. The primary campuses for both universities include the Indiana University School of medicine with roughly 2000 students and the Indiana University School of dentistry. The school of dentistry is the only like it in the state. Many opportunities exist for graduate students through the two law schools affiliated with Indiana University including the Indiana University Robert H. McKinney School of Law (operated by Indiana University) and the Indiana University Maurer School of Law (the Bloomington equivalent). Over 8000 students were enrolled in professional schools affiliated with Indiana University/Purdue University Indianapolis as of the year 2014. The total enrollment was reported to be roughly 30,690 students as of 2014. This makes the University the third largest in the state.
Overall undergraduate tuition and fees for in-state students was roughly $8909 as of 2014 and $30,089 as of 2014 for out-of-state students. The University's acceptance rate was roughly 70.5% as of 2014. Located at 420 University Blvd, Indianapolis, IN 46202, this university can be reached at: (317) 274-5555 or found on the web at: https://www.iupui.edu/
University of Indianapolis: affiliated with the United Methodist Church, this university located in Indianapolis, Indiana was established in 1902. Today, the University offers a wide array of associates, bachelors, masters and doctoral degrees and serves roughly 5400 students. This university was formally known as the Indiana Central College and Indiana Central University. Today, University of Indianapolis offers roughly 82 undergraduate majors, which lead to a variety of bachelor's degrees or four-year degree programs. Additionally, undergraduate minors can lead to a wide array of associate degree (two-year) programs. The universities organized into the following schools and colleges: School of Education, the Shaheen College of Arts & Sciences, the Krannert School of Physical Therapy, the School for Adult Learning, School of Business, School of Nursing, School of Psychological Sciences and School of Occupational Therapy.
Students have the option to enroll in several pre-professional programs, five doctoral programs and 27 Masters degree programs. Overall undergraduate tuition and fees was roughly $25,414 as of 2014. Located at 1400 E Hanna Ave, Indianapolis, IN 46227, this university can be reached at: (317) 788-3368 or found on the web at: www.uindy.edu/
Butler University: this private university in Indianapolis was founded in 1855 and named after its founder, Ovid Butler. Today, the University offers over 60 major academic free also study. Academic degrees and programs are divided into the college of communication, College of arts and sciences, College of pharmacy and health sciences, College of education, Lacy school of business and Jordan College of the arts. With over 60 major academic fields to choose from and study, eight are pre-professional programs and 19 other graduate programs offered to the six academic colleges. Programs are divided into arts, business, education, communication, liberal arts and sciences, pharmacy and health sciences.
The University has earned sterling rankings and was recognized as the second best Midwestern regional University by theU.S. News & World Report's 2013 Best Colleges list. The University's acceptance rate was roughly 68.5% as of 2014 an undergraduate tuitions and fees for $36,050 as of 2015. The university's total knowledge was roughly 4848 students as of 2014. Located at 4600 Sunset Ave, Indianapolis, IN 46208 this university can be reached at Phone: (317) 940-8000 or found on the web at: https://www.butler.edu/
Marian University: this private university in Indianapolis, Indiana is a nonprofit Roman Catholic university with a 200 acre campus in the state of Indiana. Since fall 2014, the University has a total enrollment of roughly 2771 students and a student to faculty ratio of roughly 13 students for every teacher. The North Central Association of Colleges and Schools accredit the University. University is organized into six schools through which students can complete 36 majors and 37 minus. Colleges and schools include the College of osteopathic medicine, the college of liberal arts, the school of education, the school of mathematics and sciences, the
Clark H. Byrum School of Business, and the Alan and Sue Leighton School of Nursing.
As of the year 2014, overall undergraduate tuition and fees is roughly $29,400. The universities overall acceptance rate was roughly 56.4% as of 2014 as well. This University is located at 3200 Cold Springs Rd, Indianapolis, IN 46222 and can be reached at: Phone: (317) 955-6000 or found on the web at: https://www.marian.edu/
Top Industries in Indianapolis, Illinois
Since the year 2016, three Fortune 500 companies are based in Indianapolis, Illinois. The presence of headquarters of notable companies such as Anthem Inc. (a pharmaceutical company) Eli Lilly; and Simon Property Group (the largest real estate investment trust in the United States) and Cummin’s global head distribution headquarters in downtown Indianapolis, employment in the city is largely based on such companies.
The presence of three Fortune 1000 companies located in the city provides more career opportunities in top industries. Calumet Specialty Products Partners (a hydrocarbon manufacturer) and Allison Transmission (a high-quality automotive transmission manufacturer) are among the top employers in the city. Media industries in the city of Indianapolis include Emmis Communications. Retail industries are driven by employers like Finish Line, Lids (Zionsville) and Marsh Supermarkets (Fishers).
In the metropolitan area, there is a high concentration of bioscience and biotechnology related employment opportunities do agricultural feedstock and chemicals, drugs and pharmaceutics, medical research and testing, medical devices and equipment, bioscience related distribution and medical laboratories. The presence of major healthcare providers such as Community Health Network, Franciscan Health, Indiana University Health, and St. Vincent Health contribute heavily to the local workforce. The estimated number of healthcare sector related employees was roughly 43,700 as of the year 2014.
Job Growth in Indianapolis, Indiana
As of the year 2016, the unemployment rate in Indianapolis was roughly 4.60% of the job growth rate was roughly 2.74%. Well above national averages, the future job growth projected over the next decade in Indianapolis, Indiana was roughly 40.88%.
The sales tax rate Indiana is roughly 7% an income tax is roughly 4.92%. The income per capita including adults and children in the Indianapolis, Indiana is roughly 24,058 and the median household income was roughly $42,076. These numbers bode well for Indianapolis's current and future job growth as they stack up well compared to national averages. Weighed against national statistics for job growth and income, Indianapolis is local economy breaks down as follows:
According to recent statistics, the top publicly traded companies in Indianapolis include Anthem Inc., Eli Lilly and Company, Simon Property Group, Calumet Specialty Products Partners, CNO Financial Group, KAR Auction Services and Allison Transmission Holdings. These rankings are based on employment and wages in the fiscal year ending in 2016. Additional major industries in the city include pharmaceutics, motor vehicle parts, engine and power equipment, aircraft products and parts, and medical equipment and supplies.Based on listings gathered by the Department of Workforce Development or STATS Indiana, other top employers in the state included Indianapolis Health University Hospital, St Vincent Hospital Emergency (Indianapolis), Peyton Manning Children's Hospital, Indiana University Health, Indiana University School Of Medicine, Indianapolis Health Methodist Hospital and Roche Diagnostics Corp.