RANKINGS AND FACTS (2019)

AAA Bond Rating from S&P (Fishers)

#4 in Cost of Doing Business (Indiana)

2nd Lowest Workers Comp Rates in U.S. (Indiana)

Lowest Municipal Tax Rate of the 10 largest Indiana Cities (Fishers)

#1 for State Infrastructure (Indiana)

Indiana is a Right To Work State

Sources: CNBC, State of Indiana, Tax Foundation, US Dept. of Energy

.6538

Lowest Unit Tax Rate of 10 Largest Indiana Cities

AAA

Bond Rating (S&P)
FISHERS MUNICIPAL TAX RATES (‘19 Pay '20)

Fishers Town- Delaware

$2.2991

Fishers Town- Fall Creek

$2.2786

Fishers Municipal Tax Rate

.6538

Business property taxes are capped at 3% of the assessed value. Source: STATS Indiana, 2015

REAL ESTATE Q3 2020 (FISHERS SUBMARKET)

Office Market Inventory

1,963,877

Avg. Asking Rent (Class A)/ Sq. Ft.

$21.92

Ave. Asking Rent (All Classes)/ Sq. Ft.

$20.96

Source: Cushman & Wakefield (Office rents converted to Full Service)

ENERGY COSTS

Commercial Electricity

9.14¢/kWh

Gasoline Fuel Tax

$0.4662 PER GALLON

Diesel Fuel Tax

$0.50 PER GALLON

WAGES

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

WAGES

Personal Income Tax

Current State Rate

3.23%

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 UNEMPLOYMENT INSURANCE

New Employer Rate

2.50%

Taxable Wage Base

$9,500

Percentage rates may be lowered after 36 months of compliance, or raised due to non-compliance. $9,500 is the maximum taxable amount per employee. Source: Indiana Department of Workforce Development, 2015

Indiana Corporate Adjusted Gross Income Tax

Current Rate

6.5%

Rate will decrease annually, resulting in a rate on July 1, 2021.

4.9%

Rates are applied to adjusted gross income and do not vary based on income. Various incentives are available to eligible companies to reduce this rate. Source: Indiana Economic Development Corporation, 2019

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

Projects

View the active and archived projects throughout the City of Fishers.

Living in Fishers

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.

Incentives

Expanding or relocating? Our team offers a variety of traditional and nontraditional incentive packages, tailored to your company’s needs.

Site Selection

Explore our diverse selection of available commercial buildings and sites.

Fishers has been a spectacular city to scale our startup for multiple reasons. Both Jordin and Megan from the Economic Development team have been very helpful since day one with answering questions, inviting us to local business-focused events, and even helping us locate furniture for our new office off of I-69. Outside of that, our team has thoroughly enjoyed all that the community offers and we look forward to continuing our growth in Fishers!

Ben Jones

Founder & CEO of Mobile ReCell

Not only do I call Fishers home, but my business, ROI Search Group, has found a home here, as well. My experiences with Mayor Scott Fadness and the ED team have been organized, professional, and are an easy partnership. The community and culture they represent lends itself to empower entrepreneurs and invest in their thriving growth as well as a vibrant quality of life.

Stacey McCreery

Founder & President of ROI Search Group

The open concept of the Lab, combined with it housing other technology start-ups, means there’s always opportunity for collaboration, for technical discussions, and the like. Additionally, there are always other technical or ntrepreneurial people coming through the Lab, so we’re always networking and connecting with other entrepreneurial people in the Fishers and Indiana technology community.

Tom Buckley

Co-Founder, VP Sales & Marketing at Qumulex

We think of Flexware as a smart, vibrant, and entrepreneurial company, so we feel Fishers is a natural fit from a community standpoint.

Scott Whitlock

Founder & CEO of Flexware Innovation

The Mayor and the entire Fishers team has supported our team at Anvl right from the start - when we decided to move to Fishers. The team welcomed and engaged us in the business community, met with us to provide input on our product and helped with on-going business introductions. We are grateful to be part of the Fishers business community.

Robin Fleming

CEO of Anvl

Get to know Fishers

Our economic development team is happy to point you in the right direction. Reach out to start a conversation.