T&H Realty Services Blog

First settled in 1830, Avon, Indiana is a town situated in Hendricks County, west of Indianapolis. 

With a current estimated population of 18,343, Avon is the 47th largest city in Indiana. 

The median age is 35.3 and the median household income is $85,433. 

Caucasians make up 84.01% of the population.

Average rental amount is $1,055 and the median home value is $185,200 according to World Population Review. 

According to Niche, it's ranked as one of the best places to live in the entire state. 

It's also ranked #11 out of 115 for best suburbs to raise a family. 

A staggering 81% of residents own their homes compared to only 19% that rent, also reported by Niche. 

Below is some additional information that will hopefully help you determine if Avon is a good place to invest for your goals. 

Greenwood, Indiana, the most populated city in the southern region of the Indianapolis Metropolitan area, is the next stop in our "Where to Invest in Indianapolis" series. 

This Johnson County city was first inhabited by the Delaware Indians, and later followed by European Americans in 1823. 

According to City-Data, the population of Greenwood is 57,375 and the median household income was $56,116 as of 2016. 

The demographic breakdown is as  follows:

• Caucasian: 86.2%
• Asian: 5.65%
• African American: 4.41%
• Other races: 1.56%

World Population Review estimates the average rental amount to be $903/month and the median home value to be $143,100. 

The median age is 35.5 and the ratio of females to males is 52.4% vs. 47.6%.

The cost of living index in Greenwood is 87.6 compared to the national average of 100. 

The city is a mixture of blue and white collar workers, with a majority of the jobs being in the sales/administrative category.

Located in Madison County, Indiana, Anderson is a suburb of Indianapolis first developed in 1827. 

The city has a very interesting history with its early roots in Industrialization. 

With the completion of the Indianapolis Bellefontaine Railroad in in 1852, Anderson burst to life. 

Numerous industries located here such as natural gas and car manufacturers. These companies aided in a thriving economy until the 1970s when Anderson suffered a mass deindustrialization and companies like GM shut down, laying off nearly 22,000 people.  

As of 2017, the population is reported to be at 55,076 and the median household income is $34,693. The median home value is $70,500 while average monthly rent is $724 according to Niche.

76.1% of the population is Caucasian with 13.1% being African-American, 5.3% Hispanic, and several other ethnicities making up a very minute portion of the population.

 56% of residents own their homes versus rent. 

At T&H Realty Services, we’re all about educating.

If you spend any time on our website, you’ll realize that we work hard to be transparent and open about not only our pricing, but also about our processes and philosophy on running a successful property management company.

And we also don’t shy away from our competition. 

In fact, we embrace them. 

And when we’re not the right fit for someone, we happily refer prospective Clients to various property managers in Indianapolis. 

Below is a list of the top property management companies in the Indianapolis, Indiana area:

Lawrence Township, located in the northeastern corner of Indianapolis, is the 9th and final Marion County Township in our “Where to Invest in Indianapolis” series. 

Organized in 1822, Lawrence Township has grown to a population of 125,145 as of 2017 according to the Census Bureau. 

Towncharts reports a median age of 35 with a slight majority of the population being female. 

According to Census Reporter, the median household income is $48,660 and ethnicity breakdowns are as follows - 53% Caucasian, 34% African-American, 9% Hispanic, 2% Asian, and 3% Other. 

Niche reports median home values of $151,400 compared to the national average of $184,700 and a median rent value of $822 compared to the national average of $949. 59% of people in Lawrence Township own their homes versus 41% who rent.

We’re nearing the end of our deep dive into the 9 Marion County Townships in Indianapolis.

The smallest in both geographic size and population, Decatur Township, is located in the southwest corner of the county. 

In the 1820s, it was predominantly settled by Quakers from South Carolina. 

For its small size and rural feel, Decatur has a pretty big claim to fame. It’s the site of the Indianapolis International Airport. 

AmeriPlex, one of the largest industrial parks in the state, is also located there. 

As of 2017, the population consisted of 34,297 people with a median age of 32.8 according to the Census Bureau.

86.2% of the population is Caucasian and the median household income is $54,005.

According to Niche, the median home value is $110,900 (compared to the national average of $184,700) and the median monthly rent is $845 (compared to the national average of $949).