NORTHEAST INDIANA REGIONAL PROFILE
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N O R T H E AST I N D I A N A REGIONAL PROFILE GRAND RAPIDS Lorem ipsum SPRINGFIELD ST LOUIS THE 11 COUNTIES OF NORTHEAST INDIANA ADAMS >> ALLEN >> DEKALB >> HUNTINGTON >> KOSCIUSKO >> LAGRANGE >> NOBLE >> STEUBEN >> WABASH >> WELLS >> WHITLEY
TA R G E T I N D U S T R I E S O F N O R T H E A S T I N D I A N A DEFENSE & A EROSPAC E D I ST RI B U TI O N & E - CO MM E R C E F O O D & AG R I CULT URE MEDICAL DEV I C E SPE C I A LTY I N S U R A N C E V E H I C LES M A J O R E M P L OY E R S COMPANY PRODUCT EMPLOYMENT* General Medical & Surgical 10,930 Parkview Health Systems Hospitals Lutheran Health Network General Medical & Surgical 5,317 INDIANA WAS THE FIRST Hospitals Zimmer Biomet Orthopedic Supplies 4,370 RIGHT-TO-WORK STATE IN THE General Motors Trucks 3,900 GREAT LAKES REGION OF THE U.S. Scrap Metal Processing & 2,902 Steel Dynamics, Inc. Steel Manufacturing Right-to-work laws prohibit agreements Sweetwater Sound Sound Recording Studio and 1,970 between labor unions and employers that make Equipment Distribution Lincoln Financial Group Insurance 1,954 membership or payment of union dues or fees a Book and Other Specialized 1,585 condition of employment. LSC Communications Printing Aerospace/Defense 1,550 BAE Systems Contractor BFGoodrich Tires 1,475 *Full-time employees in Northeast Indiana E M P L OY M E N T & WA G E S Source: Community Research Institute at Purdue Fort Wayne, 2020 Q4 2020 REGIONAL 2020 REGIONAL REGION OCCUPATION EMPLOYMENT WAGE /US A N N UA L EM P LOY ME N T W O R K F O R C E BY P R I VAT E I N D U STRY Management 19,247 $44.11 80.3% Legal 1,710 $52.73 96.7% Computer & 29.3% Manufacturing Mathematical 5,888 $34.83 77.9% 20.0% Trade, Transportation & Utilities Architecture & 7,350 $35.76 83.4% Engineering 17.2% Education & Health Services Healthcare Practitioners 21,358 $36.97 90.5% & Technical 9.7% Leisure & Hospitality Business & Financial 14,206 $32.08 83.2% 8.7% Professional & Business Services Operations Life, Physical & Social 5.0% Construction Science 1,572 $33.50 87.9% 4.4% Financial Activities Construction & Extraction 18,403 $22.16 90.4% Education, Training 3.4% Other Services & Library 18,087 $22.19 80.4% 1.0% Information Installation, Maintenance 18,899 $22.41 93.6% & Repair 0.8% Natural Resources & Mining Source: Emsi, 2020.4; QCEW Source: U.S. Bureau of Labor Statistics, QCEW 2019
P O P U L AT I O N G R O W T H YOUR MONEY GOES FURTHER HERE 1980* 626,654 It’s 44% more affordable to buy a house in Fort Wayne compared to the national average, 1990* 651,444 and property tax is capped at 1%. 2000* 725,556 Source: National Association of Realtors, 2020 2010* 759,086 INDIANA HAS LEGISLATED 0.25% 2019^ 789,735 YEARLY REDUCTIONS in the Corporate Adjusted Gross Income Tax 2030 1 MILLION PROJECTED until it reaches 4.9% in 2021. Source: *US Census Bureau Decennial Census; ^US Census Bureau, Population Estimates S TAT E TA X E S 7% Sales & Use Tax 5.25% 3.23% Corporate Individual Income Tax 3% Business Personal 0% Gross Receipts & Income Tax Property Tax Inventory Tax Source: Indiana Handbook of Taxes, Revenues and Appropriations FY, 2020 T R A N S P O R TAT I O N AV E R AG E I ND UST RI AL Served by two major interstate highways, U T I L I T Y C O S T S R ATE (COST/KWH) I-69 (North/South) and I-80/90 (East/West), also known as the Indiana Toll Road. Fort Wayne International Airport is home $.0731 to four major carriers: Allegiant Air, American, Delta and United. Non-stop flights include: Atlanta, $.0707 Charlotte, Chicago, Dallas, Detroit, Minneapolis and Philadelphia. $.0730 Served by two Class I freight railroads, CSX and Norfolk Southern. $.0652 $.0736 $.0655 NATURAL GAS NIPSCO and Vectren are the region’s U S AV E RAGE: $.0681 primary suppliers of natural gas. Source: U.S. Energy Information Administration, 2019
TA L E N T P I P E L I N E DE G R E E S AWA R D E D BY R E G I O N A L U N I V E RSI T I ES H I G H E R E D U C AT I O N APPROX. ENROLLMENT INSTITUTION* FALL 2020 18.2% Purdue Fort Wayne 10,139 Engineering, Ivy Tech Northeast 9,155 Computers, Math Indiana Tech 6,932 19.2% Trine University 4,972 Health University of Saint Francis 2,199 26.2% Grace College 2,029 Business Manchester University 1,525 Huntington University 1,302 36.5% Other Indiana Wesleyan Fort Wayne 291 Source: Community Research Institute at Purdue Fort Wayne, 2020 Q4, Source: Community Research Institute at Purdue Fort Wayne, 2020 Q4, National Center National Center for Education Statistics, Indiana Wesleyan, Ivy Tech for Education Statistics, Indiana Wesleyan, Ivy Tech, Manchester University, Huntington University, Trine University *Universities and colleges accredited by the North Central Association of Colleges & Schools Similar to the continental values of innovation and uniting our company with a diverse workforce, the Northeast Indiana Colleges and Universities Network is a powerful source for cultivating highly- qualified candidates who are interested in laying a foundation in Northeast Indiana. The Northeast Indiana Colleges and Universities network is a collaborative effort among 10 unaffiliated higher education institutions. This unique consortium is designed to ensure that employers considering a Scott Bykowski relocation or expansion in Northeast Indiana have ADVANCED DYNAMICS SOLUTIONS BU – AVS SEGMENT access to the talent they need. Contact us to learn how the Northeast Indiana Regional Partnership can help your business thrive. We can help you access: Incentives, grants, workforce training and special programs Industry-specific information and regional data Site and building locations NEINDIANA.COM/RegionalProfile NE W NEINDIANA.COM P (260) 469-3469 A 200 EAST MAIN STREET, SUITE 910 E INFO@NE INDIANA.COM F (260) 469-3470 FORT WAYNE, IN 46802 January 2021
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