Indiana one of the fastest growing states in the country outside the south? (Indianapolis: sales, home)
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Basically all the top 10 growing states are in the south.
California is only growing due to births.
But with Indiana gaining .51% in just 1 year could Indiana as a whole be heading for another boom decade? the last one for the state was in the 1990s and the best one was in the 1960s with Indiana gaining over 700,000 people and growth of over 20%.
Curious to see what you guys thing about this
Also it seems a good chunk of our population growth is coming from where else? Illinois lol go figure. http://illinoispolicy.org/news/artic...cleSource=4576 this talks about the contiune exodus of people from Illinois and the #2 destination for people fleeing Illinois is Indiana.
Last edited by Broadrippleguy; 12-26-2011 at 12:27 PM..
Reason: Fixing link and spelling :)
Interesting. When we moved here 3 1/2 years ago a lot of our friends and family balked. "You're moving where?" Kind of funny because since then friends and family know people that are moving here also. Different parts of the state of course.
Indiana won't grow much unless it's in Indianapolis, near Chicago, or maybe Fort Wayne. I only say Fort Wayne because it had high job growth this year and is one of the only places in the state to add people.
Basically all the top 10 growing states are in the south.
California is only growing due to births.
But with Indiana gaining .51% in just 1 year could Indiana as a whole be heading for another boom decade? the last one for the state was in the 1990s and the best one was in the 1960s with Indiana gaining over 700,000 people and growth of over 20%.
While, the report can be a cause for concern, it is also very misleading in the grand thing of things. Illinois losing people to Indiana is normally, Chicagoland crossing the border and living in NWI. Depending on how close to the invisible line that person moves may or may not even mean a decline in spending on the Illinois side. Obviously, if you are in say Porter county, you will do most of your spending on the Indiana side. If you are on the state line though, it can go either way esp. along the main corridors such as Ridge Road. Since Indiana doesn't have alcohol sales on Sunday, the state line gets a lot of business on that day. Overall though, Illinois receives more money from Indiana than Indiana receives from Illinois, mainly because there are certain things Indiana just isn't doing that causes that.
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Indiana won't grow much unless it's in Indianapolis, near Chicago, or maybe Fort Wayne. I only say Fort Wayne because it had high job growth this year and is one of the only places in the state to add people.
Well actually thats changing.
Cities like Peru Indiana. Where my grandmother lives she gives me updates about all the jobs coming around. From Grissom Airfield etc.
Then Kokomo which is rebounding nicely from the Auto Industry and manufacturing recovery. Heck Read a news article that points the future Manufacturing might come back to the US from China *yay*
I have to say all in all Indiana really was boosted and kept going by Indianapolis and that gave the other cities and town extra *time* To reinvent themselves.
Now after this economy recovers all of Indiana will charge foward not just Indianapolis/FW/NWI with help from fleeing Illinois residents etc.
Ya Msam however with Chicago/Crook County shooting itself in the foot with more and more taxes people are just cross into Indiana to buy Gasoline save 30+ cents a gallon by doing that.
Tobacco Taxes are going up in Crook County along with Alcohol so theres another tax that will force people to cross into Indiana to buy Cigarettes and beer. Which actually is benefiting Indiana and probably taking away more revenue from Crook County than its making with the revenue increase.
I wonder if Chicago or any high tax state has ever heard of the Laffer Economic Curve. http://en.wikipedia.org/wiki/Laffer_Curve
I encourage people to read this. This is why i am a strong believer in Reagenomics.
We need to find that *sweet* spot in the US Tax system to max productivity and maximize revenue assuming politicians knock off the wasteful spending. (Which may never happen)
Well actually thats changing.
Cities like Peru Indiana. Where my grandmother lives she gives me updates about all the jobs coming around. From Grissom Airfield etc.
Then Kokomo which is rebounding nicely from the Auto Industry and manufacturing recovery. Heck Read a news article that points the future Manufacturing might come back to the US from China *yay*
I have to say all in all Indiana really was boosted and kept going by Indianapolis and that gave the other cities and town extra *time* To reinvent themselves.
Now after this economy recovers all of Indiana will charge foward not just Indianapolis/FW/NWI with help from fleeing Illinois residents etc.
Ya Msam however with Chicago/Crook County shooting itself in the foot with more and more taxes people are just cross into Indiana to buy Gasoline save 30+ cents a gallon by doing that.
Tobacco Taxes are going up in Crook County along with Alcohol so theres another tax that will force people to cross into Indiana to buy Cigarettes and beer. Which actually is benefiting Indiana and probably taking away more revenue from Crook County than its making with the revenue increase.
I wonder if Chicago or any high tax state has ever heard of the Laffer Economic Curve. Laffer curve - Wikipedia, the free encyclopedia
I encourage people to read this. This is why i am a strong believer in Reagenomics.
We need to find that *sweet* spot in the US Tax system to max productivity and maximize revenue assuming politicians knock off the wasteful spending. (Which may never happen)
Peru lost 12% of its population since 2000 (Peru, Indiana - Wikipedia, the free encyclopedia) and Kokomo lost a little over 1%. These places may be having manufacturing jobs opening up after a bunch of factores closed down previously, but they are definitely not seeing major growth. The only places in Indiana that are actually seeing strong growth are areas near Chicago and Indianapolis.
By the way, if the people lived in Cook County or the suburbs, they could use public transportation via the CTA or the METRA, neither of which any Indiana city can compete with. Part of the reason gas costs more is because people in the city don't need it.
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Peru lost 12% of its population since 2000 (Peru, Indiana - Wikipedia, the free encyclopedia) and Kokomo lost a little over 1%. These places may be having manufacturing jobs opening up after a bunch of factores closed down previously, but they are definitely not seeing major growth. The only places in Indiana that are actually seeing strong growth are areas near Chicago and Indianapolis.
By the way, if the people lived in Cook County or the suburbs, they could use public transportation via the CTA or the METRA, neither of which any Indiana city can compete with. Part of the reason gas costs more is because people in the city don't need it.
However not everyone can use Mass Transit.
Granted if you live in say Oak Brook or Cicero etc you could use transit.
But even the chicago L isn't going to get service close enough to everyone.
Why do you think traffic is bad during rush hour?
The Automobile is here to stay
Also Peru and Kokomo will be growing in the future i am talking about in the next 5-10 years i personally met with Mayor Jimmy Walker and had a nice long talk about economic development and how to reinvent peru etc.
Peru lost 12% of its population since 2000 (Peru, Indiana - Wikipedia, the free encyclopedia) and Kokomo lost a little over 1%. These places may be having manufacturing jobs opening up after a bunch of factores closed down previously, but they are definitely not seeing major growth. The only places in Indiana that are actually seeing strong growth are areas near Chicago and Indianapolis.
By the way, if the people lived in Cook County or the suburbs, they could use public transportation via the CTA or the METRA, neither of which any Indiana city can compete with. Part of the reason gas costs more is because people in the city don't need it.
No worry, the Laffer Curve has nothing to do with anything concrete and proven in economics and taxation has nothing to do with job growth or economic stability.
However not everyone can use Mass Transit.
Granted if you live in say Oak Brook or Cicero etc you could use transit.
But even the chicago L isn't going to get service close enough to everyone.
Why do you think traffic is bad during rush hour?
The Automobile is here to stay
Also Peru and Kokomo will be growing in the future i am talking about in the next 5-10 years i personally met with Mayor Jimmy Walker and had a nice long talk about economic development and how to reinvent peru etc.
I met with David Bing and I could just as easily say things seemed optimistic in Detroit from that conversation.
They're not.
The automobile being "here to stay" is exactly why the American city, especially the suburban city, will fall.
Did I mention that sprawl and automobile culture require higher rates of taxation to pay for more extensive infrastructure?
If the Laffer Curve were applicable at all, Mr. Reaganomics, you should be advocating for pedestrian only human movement patterns, no home ownership whatsoever, etc. in order to curb spending so we could have lower tax rates. THEN people would invest their personal savings into the economy, right? (What a joke.)
The areas of growth in Indiana that will continue to grow will be the Indianapolis suburbs, which without a doubt saw the most significant increase in population in the last decade. In fact, the counties surrounding Indianapolis all had the most significant growth in percentages. Other places that will continue to see growth will be Fort Wayne (Allen County), and the suburbs of Louisville (Jeffersonville, Clarksville, New Albany, etc). Some areas of Northwest Indiana, by Chicagoland will see some growth, however, this is likely offset by the migration from Gary, Hammond, East Chicago, and some of those other older cities. Places like Griffith, Dyer, Chesterton, Valparaiso, and Merrillville will probably continue to add residents, due to the more desirable lifestyle and farther away from the hustle and bustle of Chicago. Another pocket of growth seems to be the Elkhart-Goshen area, which has nearly doubled their population in the last thirty years. This is obviously attributed to the RV industry, which saw significant gains. I see the population there becoming more steady just because of the economy and such.
Other obvious places of growth are the college towns of Bloomington and Lafayette-West Lafayette.
Another smaller city that seems to have a lot going for it is the city of Columbus. Although not large, it seems to do well on its own.
Areas that will continue to see decline or stay about the same are the medium-sized cities, such as Terre Haute, Anderson, Muncie, South Bend, and Kokomo. These cities relied too much on the auto industry and other dying manufacturing sectors. The cities have major eyesores and are simply not that desirable to live in.
In summation, Indiana is the trend among many other states. Granted, it might not see as much out-of-state migration such as Illinois, Michigan, and Ohio, but it still loses its fair share of residents. Let's face it, MOST people (not all) want to live outside a major city, but not in the city. Hence, the suburban areas grow significantly because of this preferred lifestyle. Bottom line, people will go where the jobs are, and that happens to be in bigger cities for the most part. The rural areas of Indiana for the most part are holding steady or losing population.
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