Economic Growth Region 5
Largest City: Fishers (2024 population: 103,986)
Population per Square Mile: 372.8
Square Miles: 3,117.5
Population over Time | Number | Rank in State | Percent of State | Indiana |
Yesterday (2020) | 1,081,636 | 1 | 15.9% | 6,785,528 |
Today (2024) | 1,162,231 | 1 | 16.8% | 6,924,275 |
Tomorrow (2030 projection)* | 1,240,132 | 1 | 17.7% | 7,013,509 |
Percent Change 2020 to Today | 7.5% | 1 | | 2.0% |
*Projection based on 2020 Census population estimates.
Sources: U.S. Census Bureau; Indiana Business Research Center
Components of Population Change, 2023-2024 | Number | Rank of 12 | Percent of State | Indiana |
Net Domestic Migration | 13,475 | 1 | | 4,268 |
Net International Migration | 4,517 | 2 | | 30,852 |
Natural Increase (births minus deaths) | 2,725 | 2 | 29.8% | 9,159 |
Source: U.S. Census Bureau
Population Estimates by Age, 2024 | Number | Rank of 12 | Pct Dist. in Region | Pct Dist. in State |
---|
Preschool (0 to 4) | 65,604 | 2 | 5.6% | 5.9% |
School Age (5 to 17) | 208,691 | 1 | 18.0% | 17.0% |
College Age (18 to 24) | 92,290 | 2 | 7.9% | 9.7% |
Young Adult (25 to 44) | 309,982 | 1 | 26.7% | 25.9% |
Older Adult (45 to 64) | 294,497 | 1 | 25.3% | 23.9% |
Seniors (65 and older) | 191,167 | 1 | 16.4% | 17.5% |
Sources: U.S. Census Bureau; Indiana Business Research Center
Population Estimates by Race and Hispanic Origin, 2024 | Number | Rank of 12 | Pct Dist. in Region | Pct Dist. in State |
---|
American Indian or Alaska Native Alone | 4,135 | 4 | 0.4% | 0.5% |
Asian Alone | 56,582 | 1 | 4.9% | 3.1% |
Black Alone | 76,418 | 3 | 6.6% | 10.6% |
Native Hawaiian and Other Pac. Isl. Alone | 908 | 2 | 0.1% | 0.1% |
White | 997,848 | 1 | 85.9% | 83.2% |
Two or More Race Groups | 26,340 | 2 | 2.3% | 2.5% |
Non-Hispanic | 1,099,722 | 1 | 94.6% | 90.9% |
Hispanic | 62,509 | 4 | 5.4% | 9.1% |
Source: U.S. Census Bureau
Household Types | Number | Rank of 12 | Pct Dist. in Region | Pct Dist. in State |
---|
Households in 2023 (includes detail not shown below) | 419,418 | 1 | 100.0% | 100.0% |
Married With Children | 105,493 | 1 | 25.2% | 18.1% |
Married Without Children | 136,411 | 1 | 32.5% | 29.3% |
Single Parents | 32,143 | 1 | 7.7% | 8.9% |
Living Alone | 97,639 | 2 | 23.3% | 29.6% |
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 2024 (estimate) | 472,939 | 1 | 100.0% | 100.0% |
Total Housing Units in 2023 (includes vacant units) | 444,439 | 1 | 100.0% | 100.0% |
Owner Occupied (Pct. distribution based on all housing units) | 319,505 | 1 | 71.9% | 63.9% |
Renter Occupied (Pct. distribution based on all housing units) | 99,913 | 2 | 22.5% | 26.9% |
Source: U.S. Census Bureau, American Community Survey 5-year estimates.
Education | Number | Rank of 12 | Percent of State | Indiana |
---|
School Enrollment (2024/2025 Total Reported) | 201,338 | 1 | 17.8% | 1,132,621 |
Public | 189,085 | 1 | 18.3% | 1,033,552 |
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 2023 | $74,695 | 1 | 122.0% | $61,243 |
Welfare (TANF) Monthly Average Families in 2024 | 344 | 5 | 7.1% | 4,813 |
Food Stamp Recipients in 2024 | 55,355 | 4 | 9.1% | 608,295 |
Free and Reduced Fee Lunch Recipients in 2024/2025 | 63,311 | 2 | 13.0% | 488,145 |
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, 2021 | 12,218 | 2 | 15.3% | 79,946 |
Births to Teens, 2021 | 315 | 5 | 8.2% | 3,845 |
Deaths, 2019 | 8,575 | 2 | 13.0% | 66,005 |
Source: Indiana State Department of Health
Labor Force, 2024 | Number | Rank of 12 | Percent of State | Indiana |
---|
Total Resident Labor Force | 613,052 | 1 | 17.7% | 3,455,992 |
Employed | 591,452 | 1 | 17.9% | 3,310,992 |
Unemployed | 21,600 | 2 | 14.9% | 145,000 |
Annual Unemployment Rate | 3.5 | 12 | 83.3% | 4.2 |
May 2025 Unemployment Rate | 2.9 | 12 | 85.3% | 3.4 |
Source: STATS Indiana, using data from the Indiana Department of Workforce Development
Employment and Earnings by Industry, 2023 | Employment | Pct Dist. in Region | Earnings ($000) | Pct Dist. In Region | Avg. Earnings Per Job |
---|
Total by place of work | 645,106 | 100.0% | $41,048,072 | 100.0% | $63,630 |
Wage and Salary | 478,169 | 74.1% | $29,415,531 | 71.7% | $61,517 |
Farm Proprietors | 3,976 | 0.6% | $166,130 | 0.4% | $41,783 |
Nonfarm Proprietors | 162,961 | 25.3% | $5,601,393 | 13.6% | $34,373 |
Farm | 4,970 | 0.8% | $227,178 | 0.6% | $45,710 |
Nonfarm | 640,136 | 99.2% | $40,820,894 | 99.4% | $63,769 |
Private | 584,245 | 90.6% | $36,658,764 | 89.3% | $62,746 |
Accommodation, Food Serv. | 46,837 | 7.3% | $1,506,646 | 3.7% | $32,168 |
Arts, Ent., Recreation | 14,057 | 2.2% | $393,076 | 1.0% | $27,963 |
Construction | 36,842 | 5.7% | $3,180,546 | 7.7% | $86,329 |
Health Care, Social Serv. | 55,896 | 8.7% | $4,188,839 | 10.2% | $74,940 |
Information | 6,099 | 0.9% | $451,054 | 1.1% | $73,955 |
Manufacturing | 40,478 | 6.3% | $3,763,462 | 9.2% | $92,975 |
Professional, Tech. Serv. | 44,674* | 6.9%* | $3,832,264* | 9.3%* | $85,783* |
Retail Trade | 69,275 | 10.7% | $2,869,499 | 7.0% | $41,422 |
Trans., Warehousing | 62,458 | 9.7% | $3,393,845 | 8.3% | $54,338 |
Wholesale Trade | 20,111* | 3.1%* | $2,486,620* | 6.1%* | $123,645* |
Other Private (not above) | 181,124* | 28.1%* | $10,132,171* | 24.7%* | $55,941* |
Government | 55,891 | 8.7% | $4,162,130 | 10.1% | $74,469 |
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, 2024 | Units | Pct Dist. in Region | Pct Dist. in State | Cost ($000) | State Cost ($000) |
---|
Total Permits Filed | 9,774 | 100.0% | 100.0% | $3,379,027 | $8,133,071 |
Single-Family | 7,807 | 79.9% | 75.4% | $2,993,853 | $6,951,719 |
2-Family | 224 | 2.3% | 1.9% | $51,540 | $100,498 |
3- and 4-Family | 50 | 0.5% | 0.8% | $22,837 | $45,624 |
5+ Family | 1,693 | 17.3% | 21.9% | $310,797 | $1,035,231 |
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 2024 | Percent of Region |
---|
Anderson | 55,851 | 4.8% |
Brownsburg | 33,430 | 2.9% |
Carmel | 103,606 | 8.9% |
Fishers | 103,986 | 8.9% |
Greenfield | 26,268 | 2.3% |
Greenwood | 68,175 | 5.9% |
Noblesville | 75,239 | 6.5% |
Plainfield | 37,796 | 3.3% |
Westfield | 62,994 | 5.4% |
Zionsville | 33,161 | 2.9% |
Source: U.S. Census Bureau annual population estimates