AAA Bond Rating from S&P (Fishers)
#5 Best State for Business (Indiana)
#1 Manufacturing State in the Nation (Indiana)
Lowest Municipal Tax Rate of the 10 largest Indiana Cities (Fishers)
#1 for State Infrastructure (Indiana)
Indiana is a Right To Work State
Indiana is the #1 manufacturing state in the nation (Indiana)
Indiana ranks #2 in the US for property tax rates (Indiana)
Sources: CNBC, State of Indiana, Tax Foundation, US Dept. of Energy
Fishers Property Tax Rate
2.2891%
Local Option Income Tax
1%
Office
Office Market Inventory (SF)
5.2M
Vacancy Rate
12.1%
Market Rent ($/SF)
$21.80
Market Cap Rate
8.4%
Source: CoStar, 2020
Commercial Electricity
9.14¢/kWh
Gasoline Fuel Tax
$0.4662 PER GALLON
Diesel Fuel Tax
$0.50 PER GALLON
PER CAPITA INCOME
Indianapolis Metropolitan Statistical Area
$51,060
United States
$53,490
Source: US Bureau of Labor Statistics, 2019
AVERAGE HOURLY WAGE
Indianapolis Metropolitan Area (MSA)
$24.55
United States
$25.72
Source: US Bureau of Labor Statistics, OES, 2019
LABOR
Labor Force
54,868
Unemployment
2.8%*
*July 2018
Personal Income Tax
Current State Rate
3.3%
Resident- Hamilton County
1.0 %
Non-Resident
0.25%
Rates are applied to adjusted gross income and do not vary based on income. Source: Indiana Department of Revenue, 2019
Indiana Corporate Income Tax
Current Rate
4.9%
The corporate income tax rate decreases are effective July 1st of each year. Source: Indiana Economic Development Corporation, 2019
State Sales Tax
Indiana Sales and Use Tax
7.00%
Exemptions include: Manufacturing raw materials, manufacturing equipment, utilities and other consumables used in production and environmental control equipment used by manufacturers. Most services are not subject to tax. Source: Tax Foundation, 2015
INDIANA WORKERS’ COMPENSATION
Average Rate for Office
$0.26
Average Rate for All Industry Classes
$1.31
Source: Indiana Compensation Ratings Bureau, 2015
Top schools in the state, a myriad of housing options, and access to highquality healthcare make Fishers the #1 rated place to live in the U.S.
Expanding or relocating? Our team offers a variety of traditional and nontraditional incentive packages, tailored to your company’s needs.
Explore our diverse selection of available commercial buildings and sites.
Get to know Fishers
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