Indiana is located in the middle of the United States, making it easy to travel across the country. In addition, Indiana is close to several major cities, such as Chicago and Detroit.
Most people who move to Indiana want to live in a rural area, but there are also plenty of places to live in the city. On top of this, Indiana also has some of the best schools in the nation.
In fact, Indiana has been ranked as one of the top five states for public education by Education Week magazine. The state’s college system is also well known for its excellence, as Indiana University Bloomington is one of the top-ranked public universities in America.
If you are looking for a new home in a great location with good schools and a low cost of living, then you should consider moving to Indiana.
The 10 Wealthiest Cities in Indiana
Indiana is famous for a lot of things, such as basketball stars, Midwestern heritage, and long, harsh winters. There’s no secret that Indiana has always been one of the most populated states in the nation.
Despite the small size of some towns in the state, there are several major cities that shine bright when it comes to being prosperous.
The cities on this list may not be the typical ones you’d expect to be named, so we’ve laid out what makes these places great as you read along.
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1. Zionsville — Median Income of $137,377
Zionsville is one of the wealthiest towns in Indiana with an average household income of $137,377 and a median home price of $556,778.
The town and its school system both boast high levels of academic achievement and quality of life that have attracted many families over the years.
With its strong sense of community and family-oriented atmosphere, it’s no wonder so many people choose to call Zionsville their home!
Its strategic location along two major interstates (I-65 & I-74), just minutes away from Indianapolis International Airport makes this suburban attractive option for those who want easy access to downtown Indianapolis as well as other parts of central Indiana such as Carmel or Fishers.
Zionsville is also known for its quaint village full of shops and restaurants that cater to tourists visiting the area.
This charming downtown area offers everything from boutiques filled with antiques and collectibles to fine dining establishments serving gourmet food in historic buildings dating back more than 100 years old!
2. Carmel — Median Income of $112,765
Carmel is one of the wealthiest towns in Indiana with a median household income of just over 112,765 dollars.
The population here is also young and educated, which makes it a great town to move to if you are looking for someplace nice, clean, and safe.
Carmel is also a very family-friendly town with plenty of parks.
The Monon trail runs right through the town and there are multiple playgrounds for kids, including the ever-popular ‘The Waterpark.’
The overall vibe of the town is very peaceful and quiet. People here tend to mind their own business and it’s not uncommon to see neighbors having long conversations over their fences or in their front yards.
Carmel is also known for being very walkable with most people being able to walk anywhere within 20 minutes from anywhere else in town.
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3. St John — Median Income of $103,851
St John is one of the wealthiest towns in Indiana with a population of over 16,000 and the median household income per year is $103,851.
This town is a great place to live because it has good weather, it is safe, and there are many opportunities for fun activities. The weather in St John is extremely nice in the summer. It gets very warm and sunny.
The sun shines most of the day which makes for perfect beach days.On these days there are no clouds in the sky and it is not too humid.
This makes the perfect weather for going to the pool, fishing, or enjoying a swim at the beach. There are many places to go for fun activities in St John. There are many parks where people go to play basketball, soccer, and baseball.
There are also many restaurants that people go to on nights and weekends. In addition, there are many shopping centers where you can find clothes, electronics, and other items you need.
4. Winfield — Median Income of $105,214
Winfield is one of the wealthiest towns in Indiana with a median income of $105,214, and over 60% of families earning over $100,000. The town is less than 20 minutes from Indianapolis and has a population of 6,359 people.
Winfield is at the heart of the fast-growing Hamilton County, which has seen consistent growth since 2010. This growth was driven by the county’s proximity to Indianapolis and its business-friendly tax policies.
Young professionals will find plenty of opportunities in Winfield, which is home to many executives and professionals. The town’s average commute time ranks as one of the best in Indiana at about 28.5 minutes.
For those who prefer to avoid driving in bad weather, the town’s excellent public transit system is a big plus.
5. Granger — Median Income of $101,904
Granger is one of the wealthiest cities in Indiana with a median household income of $101,904, which is much higher than the state’s average of $56,303.
With its suburban feel, personable residents, and proximity to South Bend, Granger is a great place to raise a family. It has highly rated schools and offers plenty of recreational activities for kids and adults alike.
This city also boasts an abundance of restaurants, shops, and parks. And when locals need a break from the hustle and bustle of the city, they can take a trip to nearby Potato Creek State Park to enjoy nature-filled getaways.
Related: The 10 Wealthiest Cities In Maryland
6. McCordsville — Median Income of $99,497
McCordsville is one of the richest towns in Indiana with a median household income of $99,497. It’s also one of the fastest-growing towns in the state with a median home value of $333,218.
McCordsville has an impressive crime rate that’s below both the state and national averages. You’ll be able to enjoy your life here without worrying about your safety or the safety of your family.
It’s easy to find everything you need in this small town. Even though it has more than 8,000 residents, there are plenty of restaurants and shops to explore.
You can also find many of these amenities within walking distance of your house which is a nice change from cities where everything requires driving or using public transportation.
7. Avon — Median Income of $94,213
Avon is one of the richest towns in Indiana with many people moving to the area from throughout the state and the country. Its convenient location, quality schools, and nearby shopping have made it a hot spot for new home development.
The population growth has been explosive, with Avon jumping from around 9,000 residents to more than 17,453 (2019). This is largely due to the town’s location near both Indianapolis and Danville, as well as its proximity to two major interstates (I-465 and I-70).
In recent years, Avon has also developed a reputation for attracting new retail stores and services to the area.
The town’s thriving commercial sector features a range of shopping options including big-box retailers like Target and Kohl’s, plus popular restaurants such as Jimmy John’s and Panera Bread.
Related: The 10 Wealthiest Cities In Illinois
8. Munster — Median Income of $88,010
Munster is one of the richest towns in Indiana with a median household income of $88,010 and a median home value of $333,183.
The town’s economy centers on the healthcare industry. Community Hospital owns many of Munster’s office buildings and employs about 1,600 people.
Franciscan St. Margaret Health, which operates a hospital in nearby Dyer, employs an additional 800 workers. Munster is located in Lake County and has a population of 22,689 (2019).
The area is best known for its large collection of well-maintained homes that were built between 1930 and 1960. The area also features bike paths and parks, as well as easy access to Chicago, 44 min (28.5 mi) via I-94 W.
9. Bargersville — Median Income of $87,763
Bargersville is one of the richest towns in Indiana with a population of less than 7,085 (2019). It’s not just the high median income that puts Bargersville on this list — the town also has a poverty rate of just 9.8% and a very low unemployment rate.
In fact, it’s one of the fastest-growing communities in Johnson County, increasing its number of residents by more than 50 percent during the past decade.
The town offers affordable housing options, including apartment complexes and subdivision homes built by local developers. The town’s residents have an average commute to work of about 28 minutes, but it’s worth it for the relatively high wages.
The town’s residents include many executives, managers, and professionals who live on large lots in rural settings.
10. Whitestown — Median Income of $85,000
Whitestown is one of the richest towns in Indiana with a median household income of $85,000 and a median home value of more than $348,887.
The town offers plenty of amenities for residents, and its location makes it easy to commute to Indianapolis or other suburbs. The residents also enjoy one of the best places to live because they have access to excellent schools, hospitals, and recreational facilities.
The town is also one of the safest places to live in Indiana due to low crime rates.
A small town in Indiana is taking over the title of “fastest-growing” city in America by building a reputation as an affordable and safe place to live and do business.
With so much growth and wealth, there are plenty of new businesses popping up all over Whitestown. We asked locals for some of their favorite places to eat, shop, and hang out in the Indianapolis suburb.