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EconPulse

Local economy signal dashboard

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PLACEThriving

Fishers, IN

Thriving overall. GDP / Output is the clearest support signal, while housing needs the most attention. Housing reads as affordable for a median-income household.

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Overall score88out of 100
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100
84
100
79
80

Population

102,337

Data freshness

Unknown

GDP / Output

+8.8% YoY

100

$31.6B

Output changed +8.8% in 2024.

Vintage date unknown

State growth4.6%
U.S. growth5.3%

Jobs

Unemployment rate

84

2.8%

Unemployment is 2.8% for Latest available.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+9.5% 5-year

100

102,337

Population moved +9.5% over the latest ACS window.

Vintage date unknown

State population6,851,073
U.S. population334,922,499

Housing

Rent share of income

79

14.8%

Median rent consumes 14.8% of median household income: Affordable.

Vintage date unknown

State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$5.6K per resident

80

$1.9B

$1.9B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$207.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.9B

$5.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.6B
2. Department of Veterans Affairs$145.3M
3. Department of Justice$46.5M

Top recipients

Dollars
1. SEVEN CORNERS INC$45.9M
2. INDIANA DEPARTMENT OF TRANSPORTATION$42.3M
3. AHEPA AFFORDABLE HOUSING MANAGEMENT CO$12.3M

Affordable

Housing Affordability

14.8%

of median income

1BR estimate$1,321
2BR estimate$1,740
Median income$130,203
Median home value$391,000

ACS context

Quick Facts

Population

102,337

Median age

37.6

Bachelor's degree+

66.4%

Poverty rate

4.0%

Labor force participation

73.1%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+1.8%

GDP CAGR

+8.2%

Federal flow

5 years

Population (5 years)
202093,488
202197,154
202299,041
2023100,918
2024102,337
GDP (5 years)
2020$21.4B
2021$24.1B
2022$26.7B
2023$29.1B
2024$31.6B

2-year linear forecast

Predictive Outlook

Population forecast

2024102,337
2025105,026 *
2026107,172 *

R² = 96.5% · * projected

GDP forecast

2024$31.6B
2025$34.2B *
2026$36.8B *

R² = 100.0% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$130,203/yr
Median rent$1,611/mo
Rent share of income14.8%
Est. mortgage (30yr, 6.5%)$23,725/yr
Mortgage share of income18.2%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate2.8%
State avg4.3%
U.S. avg5.2%
Labor force participation73.1%
Poverty rate4.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$391,000
Median monthly rent$1,611
Price-to-rent ratio20.2x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score93/100
Economic growth100/100
Labor market84/100
Population momentum100/100
Overall stability88/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Fishers city, Indiana

City/Town

Part of

Indianapolis-Carmel-Greenwood, IN

Nearby locations

McCordsville, INNoblesville, INLawrence, INFortville, INLapel, IN