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. Consistently voted one of the top airports in the country, and even world, The Indianapolis International Airport sees upwards of 7-10 million travelers per year.
AmeriPlex, one of the largest industrial parks in the state, is also located there, creating many housing opportunities for these and airport employees.
Decatur Central Schools are known for their great sports programs.
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).
Niche gives the Metropolitan School District of Decatur Township an overall grade of a C, however the athletic department for Decatur Central attracts a lot of families.
Out of 294 schools across the state of Indiana, it was ranked 48 for best school district and 118 for safest school district.
The average graduation rate is 84%. On a scale of 1 to 100 with 1 being low crime and 100 being high crime, Decatur was ranked a 17.1 for violent crime and a 51.1 for property crime.
As a smaller township, you’re going to have less of a tenant pool to choose from.
However, the ratio of home values to average rents can make Decatur Township a good cash flow play.
T&H Realty is working with Owner Clients to add Decatur Township rental properties to their portfolios. If you are interested in finding properties in that area, our brokerage would be more than happy to help you purchase a property.