IN Depth Regional Profile

Profiles

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County:

Region:

Economic Growth Region 5

Counties include: Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan, Shelby

Largest City: Fishers (2021 population: 101,171)

Population per Square Mile: 353.9

Square Miles: 3,117.5

Population over Time	Number	Rank in State	Percent of State	Indiana
Yesterday (2010)	931,517	1	14.4%	6,484,050
Today (2021)	1,103,171	1	16.2%	6,813,532
Tomorrow (2030 projection)*	1,242,616	1	17.4%	7,143,795
Percent Change 2010 to Today	18.4%	1		5.1%

*Projection based on 2010 Census counts.
Sources: U.S. Census Bureau; Indiana Business Research Center

Components of Population Change, 2020-2021	Number	Rank of 12	Percent of State	Indiana
Net Domestic Migration	16,990	1		5,230
Net International Migration	494	3		15,490
Natural Increase (births minus deaths)	975	4	95.2%	1,024

Source: U.S. Census Bureau

Population Estimates by Age, 2021	Number	Rank of 12	Pct Dist. in Region	Pct Dist. in State
Preschool (0 to 4)	63,051	2	5.7%	6.0%
School Age (5 to 17)	204,964	1	18.6%	17.3%
College Age (18 to 24)	87,992	2	8.0%	9.7%
Young Adult (25 to 44)	291,737	1	26.4%	25.7%
Older Adult (45 to 64)	287,974	1	26.1%	24.9%
Seniors (65 and older)	167,453	1	15.2%	16.4%

Sources: U.S. Census Bureau; Indiana Business Research Center

Population Estimates by Race and Hispanic Origin, 2021	Number	Rank of 12	Pct Dist. in Region	Pct Dist. in State
American Indian or Alaska Native Alone	3,470	5	0.3%	0.4%
Asian Alone	44,473	1	4.0%	2.7%
Black Alone	57,208	3	5.2%	10.2%
Native Hawaiian and Other Pac. Isl. Alone	736	1	0.1%	0.1%
White	974,538	1	88.3%	84.2%
Two or More Race Groups	22,746	2	2.1%	2.3%
Hispanic or Latino Origin (can be of any race)
Non-Hispanic	1,056,695	1	95.8%	92.3%
Hispanic	46,476	5	4.2%	7.7%

Source: U.S. Census Bureau

Household Types	Number	Rank of 12	Pct Dist. in Region	Pct Dist. in State
Households in 2021 (includes detail not shown below)	401,826	1	100.0%	100.0%
Married With Children	102,745	1	25.6%	18.2%
Married Without Children	131,871	1	32.8%	29.8%
Single Parents	32,174	1	8.0%	9.2%
Living Alone	89,775	2	22.3%	29.1%

Source: U.S. Census Bureau, American Community Survey 5-year estimates.

Housing	Number	Rank of 12	Pct Dist. in Region	Pct Dist. in State
Total Housing Units in 2021 (estimate)	442,797	1	100.0%	100.0%
Total Housing Units in 2021 (includes vacant units)	428,356	2	100.0%	100.0%
Owner Occupied (Pct. distribution based on all housing units)	305,608	1	71.3%	62.9%
Renter Occupied (Pct. distribution based on all housing units)	96,218	2	22.5%	27.2%

Source: U.S. Census Bureau, American Community Survey 5-year estimates.

Education	Number	Rank of 12	Percent of State	Indiana
School Enrollment (2021/2022 Total Reported)	194,300	1	17.3%	1,120,155
Public	184,687	1	17.8%	1,036,519

Sources: Indiana Department of Education; U.S. Census Bureau, American Community Survey 5-year estimates.

Income and Poverty	Number	Rank of 12	Percent of State	Indiana
Per Capita Personal Income (annual) in 2021	$66,785	1	118.2%	$56,497
Welfare (TANF) Monthly Average Families in 2022	312	4	7.9%	3,933
Food Stamp Recipients in 2022	53,850	4	8.8%	611,203
Free and Reduced Fee Lunch Recipients in 2021/2022	52,628	3	10.9%	481,568

Sources: U.S. Bureau of Economic Analysis; U.S. Census Bureau; Indiana Family Social Services Administration; Indiana Department of Education

Health and Vital Statistics	Number	Rank of 12	Percent of State	Indiana
Births, 2019	11,528	2	14.3%	80,859
Births to Teens, 2017	409	5	7.9%	5,152
Deaths, 2019	8,575	2	13.0%	66,005

Source: Indiana State Department of Health

Labor Force, 2021	Number	Rank of 12	Percent of State	Indiana
Total Resident Labor Force	560,987	1	16.9%	3,321,548
Employed	546,396	1	17.1%	3,203,166
Unemployed	14,591	3	12.3%	118,382
Annual Unemployment Rate	2.6	12	72.2%	3.6
December 2022 Unemployment Rate	1.9	12	79.2%	2.4

Source: STATS Indiana, using data from the Indiana Department of Workforce Development

Employment and Earnings by Industry, 2021	Employment	Pct Dist. in Region	Earnings ($000)	Pct Dist. In Region	Avg. Earnings Per Job
Total by place of work	602,850	100.0%	$35,100,401	100.0%	$58,224
Wage and Salary	453,908	75.3%	$24,956,641	71.1%	$54,982
Farm Proprietors	4,035	0.7%	$209,714	0.6%	$51,974
Nonfarm Proprietors	144,907	24.0%	$4,743,008	13.5%	$32,731
Farm	5,137	0.9%	$246,027	0.7%	$47,893
Nonfarm	597,713	99.1%	$34,854,374	99.3%	$58,313
Private	543,292	90.1%	$31,224,138	89.0%	$57,472
Accommodation, Food Serv.	42,484*	7.0%*	$1,199,263*	3.4%*	$28,229*
Arts, Ent., Recreation	12,071*	2.0%*	$252,098*	0.7%*	$20,885*
Construction	37,105	6.2%	$2,965,590	8.4%	$79,924
Health Care, Social Serv.	52,874	8.8%	$3,477,415	9.9%	$65,768
Information	5,000	0.8%	$377,926	1.1%	$75,585
Manufacturing	38,774	6.4%	$3,159,908	9.0%	$81,496
Professional, Tech. Serv.	38,060*	6.3%*	$2,769,573*	7.9%*	$72,769*
Retail Trade	67,582	11.2%	$2,660,357	7.6%	$39,365
Trans., Warehousing	54,525	9.0%	$2,683,953	7.6%	$49,224
Wholesale Trade	20,674*	3.4%*	$2,167,646*	6.2%*	$104,849*
Other Private (not above)	166,485*	27.6%*	$9,032,521*	25.7%*	$54,254*
Government	54,421	9.0%	$3,630,236	10.3%	$66,707

Source: U.S. Bureau of Economic Analysis
* These totals do not include county data that are not available due to BEA non-disclosure requirements.

Residential Building Permits, 2021	Units	Pct Dist. in Region	Pct Dist. in State	Cost ($000)	State Cost ($000)
Total Permits Filed	10,961	100.0%	100.0%	$3,239,744	$7,583,249
Single-Family	8,653	78.9%	74.4%	$2,943,840	$6,692,956
2-Family	230	2.1%	2.4%	$45,118	$117,031
3- and 4-Family	66	0.6%	0.4%	$19,564	$30,324
5+ Family	2,012	18.4%	22.7%	$231,222	$742,937

Notes: Detail cost may not sum to total due to rounding. Greene County does not currently issue building permits, so it is excluded.
Source: U.S. Census Bureau

Largest Cities and Towns in Economic Growth Region 5

Name	Population in 2021	Percent of Region
Anderson	54,817	5.0%
Brownsburg	30,068	2.7%
Carmel	100,777	9.1%
Fishers	101,171	9.2%
Franklin	25,437	2.3%
Greenwood	64,918	5.9%
Noblesville	70,926	6.4%
Plainfield	35,592	3.2%
Westfield	50,630	4.6%
Zionsville	31,702	2.9%

Source: U.S. Census Bureau annual population estimates