Plus, Lucas Oil replacing turf.
 
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78º | Mostly sunny | 10% chance of rain | Sunrise 7:04 a.m. | Sunset 8:30 p.m.

 

Where Indy ranks among best-performing cities

Is your city one of Milken Institute’s best-performing cities?

Golden Hour Skyline of Indianapolis
We love our city all the time, but even moreso during golden hour. | Photo by @aaron.creates
Curious exactly how strong our city’s economy is? The nonprofit think tank Milken Institute released its “Best-Performing Cities of 2023 Index” which provides an objective evaluation of the economic performance and resiliency of over 400 US cities.

How the ranking is determined

The Milken Institute ranks cities based on 12 indicators of economic growth and access to opportunities — namely, employment + wages, technology, housing affordability, broadband access, and GDP growth. Did you know GDP stands for “gross domestic product” — or the final value of the goods + services made in an area?

Read the full methodology.

Breaking down our score

Indianapolis rose eight spots in 2023, going from No. 77 to No. 69, bringing it closer to its No. 56 rank in 2021.

Most impressive are Indy’s improvements when it comes to housing affordability.

In 2022, the area ranked No. 61 in housing affordability. This year, it shot up to the top tier at No. 24. This has made Indianapolis a hot spot for Gen Z homebuyers, bringing in young talent to the city.

Thinking about buying a house? Read up on the 2023 real estate predictions.
Compare our score
 
Events
Monday, Aug. 28
  • Meditation for Everyday People | Monday, Aug. 28 | 6:30-7:30 p.m. | Indianapolis Public Library West Perry Branch, 6650 S. Harding St., Indianapolis | Free | You are invited to practice quiet meditation with IndyPL and Indy Community Yoga — suitable for beginners, Zen Masters, and everyone in between.
  • The Message is the Medium: Contemporary Art | Monday, Aug. 28-Sunday, Dec. 31 | 11 a.m.-5 p.m. | Newfields, 4000 Michigan Rd., Indianapolis | $0-$20 | Contemporary art is back and better than ever — this long-awaited exhibition is open now at the Indianapolis Museum of Art at Newfields.*
Tuesday, Aug. 29
  • Daniel Caesar Presents Superpowers World Tour | Tuesday, Aug. 29 | 8 p.m. | Old National Centre, 502 N. New Jersey St., Indianapolis | $69.50-$99.50 | The Ontario-born singer has released several iconic R&B hits and is bringing them to Indy live.
  • IMAX Indy Presents: Close Encounters of the Third Kind | Tuesday, Aug. 29 | 7 p.m. | IMAX Theater in the Indiana State Museum, 650 W. Washington St., Indianapolis | $18 | Throw it back with this classic sci-fi thriller from the 1970s about an Indiana electric lineman who finds his ordinary life daily turned upside down after a close encounter with a UFO.*
Wednesday, Aug. 30
  • Yelp’s Hot and New Around Indy 2023 | Wednesday, Aug. 30 | 7:15 p.m. | Various locations, Indianapolis | Free | Check out this event series that features unique experiences at brand-new businesses around Indianapolis through October.
Thursday, Aug. 31
  • Dog Days of Summer | Thursday, Aug. 31 | 6-9 p.m. | Fountain Square Plaza, 1101 Virginia Ave., Indianapolis | Free | Bring your pooch to the plaza for a dog-focused event featuring local merchants.
Friday, Sept. 1
  • BUTTER Fine Art Fair | Friday, Sept. 1-Sunday, Sept. 3 | 11 a.m.-6 p.m. | The Stutz, 1060 N. Capitol Ave., Indianapolis | $20-$175 | BUTTER is a multi-day fine art fair organized by GANGGANG that features artwork by Black visual artists from Indiana and across the country.
Saturday, Sept. 2
  • Indy Eleven vs. Miami FC | Saturday, Sept. 2 | 7 p.m. | Carroll Stadium, 1001 W. New York St., Indianapolis | $11-$75 | Cheer on Indy’s soccer team during this Labor Day weekend game.
Events calendar here
Click here to have your event featured.
 
News Notes
Development
  • Meijer Inc. is meeting with zoning board officials today to talk about plans for a potential 75,000-sqft grocery store + gas station at the intersection of Smokey Row Road and State Road 135 in Bargersville. The location would be smaller than the traditional supercenter stores. (IBJ)
Biz
  • A cool new business is off to a sweet start in Westfield. Freeze Dried Snack Co. opened in early July + sells all kinds of freeze-dried sweets, like Skittles, Jolly Ranchers, and Fruit Rollups. The business, which started as a way for the owner’s college-aged kids to learn about running a business, is booming thanks to social media. (IBJ)
Sports
  • The Capital Improvement Board, which oversees Lucas Oil Stadium, plans to spend $1.24 million to replace the artificial turf that was criticized by the NFL Players Association last year. It claimed the slit-film synthetic turf posed more injury hazards. The replacement is planned for after the upcoming season. (IBJ)
Edu
  • One in five Hoosier students struggle with learning to read, according to recent test scores. A bill passed during the legislative session is changing how kids will learn to read in Indiana schools. Need help? Statewide grant program Indiana Learns also helps fund reading + math tutoring. (WRTV)
Number
  • 840,414. That’s the total number of attendance to this year’s Indiana State Fair. That number rose slightly from last year’s 837,568 visitors. The fair set its record attendance of ~978,000 in 2013. (WISH)
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The Wrap
 
Nicole-Hernandez-Headshot-INDY

Today’s edition by:
Nicole

From the editor
I’ll be honest with you. I thought the idea of freeze-dried candy was a little weird, but I got to try the freeze-dried Skittles and Nerds Gummy Clusters (my favorite) and it’s surprisingly pretty good. The Skittles might be even better than the original candy. Freeze Dried Snack Co. even does freeze-dried dog treats.
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