Aside from being the capital city of Indiana, Indianapolis is probably best known for the famed "Indy 500" race held there each year. This is not a bad choice for the city, which at one point rivaled Detroit for automobile production, and now is a major trucking center. Four major highways pass through the city, making it a major access point (and pit stop) for land transportation in the United States.

Thinking about an Indianapolis Home

Thanks to the shipping business, Indianapolis enjoys a pretty stable economy. Household incomes are around the national average, but the city is seeing little net growth. Homes are inexpensive, but don't look to be rising in value anytime quickly. There is little in Indianapolis to threaten its stability, but there is also little to suggest that it will be changing soon, either.

The State of Indiana recently received a record grant from HUD to help hundreds of thousands of families. This grant money goes into homeowner counseling, downpayment assistance, and into the creation of housing units designed to house the homeless. In addition, Indiana has gotten large grants to help the elderly and disabled find adequate housing.

Far from a welfare state, though, Indianapolis is a great place to find your feet. Those looking to get a fresh start for a reasonable price should give Indianapolis a good look. The shipping industry is a reliable source of blue collar jobs, and with the government assistance, there ought to be a great investment for you to find in Indianapolis.