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The 20 Richest Places In Indiana, New Census Data Shows
The 20 Richest Places In Indiana, New Census Data Shows

Forbes

time13-06-2025

  • Business
  • Forbes

The 20 Richest Places In Indiana, New Census Data Shows

Many of the top wealthiest cities in Indiana lie in the radius of suburbs around Indianapolis. Where other states in the Midwest have struggled with population decline, Indiana has held strong. Back in 2000, the population of Indiana was a little over a million. By 2024, the population had grown by 14%, reaching 6.92 million. As part of an ongoing series of analyses, states have been examined using the latest Census Bureau data to determine which the richest cities in the state are. For this study, the focus is Indiana. This study analyzed 976 cities — what the Census Bureau designates as 'places' — in Indiana that had complete data from the Census Bureau, in terms of their median household income, mean (average) household income, median home value, and median property taxes paid per year, to come up with a list of the 25 richest cities in the state. Read on to find out what the richest city in Indiana is, plus the top 20 wealthiest cities in the state overall. In order to compile this list of the richest cities in Indiana, we sourced key financial data from the Census Bureau's 2023 American Community Survey. Wielding these datasets, we put together a four-factor scoring system to help identify the wealthiest cities in Indiana: When analyzing the data, it is important to note that Census figures have upper limits, so there's no exact value for certain factors. For example, for median household income, the Census Bureau has an upper limit of '$250,000+'. For median home value, the upper limit is '$2,000,000+'. For median property taxes paid, the upper limit is '$10,000+'. For these reasons, the mean household income (which is the same as average household income) dataset is particularly useful. Since the Census Bureau has exact figures for it, it's an even more precise barometer of wealth. All four of these metrics were scored, added up, and then ranked by the cities' combined scores. Another aspect of the Census to point out is the Census-designated place — CDP. The Census, more or less, treats CDPs as cities — their terminology is 'place' — and so will this list of the richest cities in Indiana. So, if you see cities on this list that you see as neighborhoods or retirement communities, you're not wrong. These places happen to be treated as cities by the Census Bureau. Below, you'll find a table detailing the top 20 richest cities in Indiana and their respective dollar figures for each metric, below: The No. 1 richest city in Indiana in our ranking is Crows Nest, a town within Washington Township, due north of Indianapolis. Crows Nest is a small place, with only 28 households. This town has an occupational mix that's common to many suburbs. According to Data USA, the top three industries by employment are Professional, Scientific, & Technical Services (39.5% of the workforce), Accommodation & Food Services (18.4% of the workforce), and Health Care & Social Assistance (13.2% of the workforce). Incomes in Crows Nest are very high. The median household income here is $245,000, around triple the state median of $81,702. The average household income is even higher, at $744,021. The median home value exceeds $2 million. And property taxes are so high, the median amount paid per household is over $10,000. The No. 2 richest place is just north of the No. 1 city, and it's name is North Crows Nest, appropriately. They are almost exactly the same size, with North Crows Nest having 27 households to Crows Nest's 28 households. The median household income in North Crows Nest is above $250,000. Its average household income isn't as high as in Crows Nest: $546,926 in North Crows Nest versus $744,021 for Crows Nest. The median home value reported by the Census is well over $1.5 million. And just like in Crows Nest, the median property taxes by household is in excess of $10,000. The third richest place in Indiana is Williams Creek. This place is also due north of Indianapolis and lies in the same township, Washington Township. This town is larger than No. 1 and No. 2, being home to 164 households. The employment breakdown is comparable to Crows Nest. The top three industries include Professional, Scientific, & Technical Services (24.2% of the workforce), Health Care & Social Assistance (15.2% of the workforce), and Retail Trade (11.1% of the workforce). The median household income in Williams Creek is $218,750, while the mean household income is $372,541. Property taxes are also substantial here, costing households a median of over $10,000 per year. The median home value is reported as $1.212 million.

Trump, Chinese President Xi talk by phone amid trade stalemate
Trump, Chinese President Xi talk by phone amid trade stalemate

Washington Post

time05-06-2025

  • Business
  • Washington Post

Trump, Chinese President Xi talk by phone amid trade stalemate

President Donald Trump and Chinese President Xi Jinping spoke Thursday, as the two countries draw out a trade war that has rattled the U.S. and global economies. But the effect is still unclear. News of the call — reported by Chinese state media — came as fresh Census data showed U.S. goods imports dropped significantly in April, with tariffs on worldwide exports driving a 16.3 percent drop from March. Exports rose a slight 3 percent. The overall snapshot reflects how businesses rushed to buy foreign goods earlier in the weeks before sweeping tariffs took hold April 2 — and have since hit pause on those orders amid so much uncertainty.

Tariff Fear, Chaos Push O'Hare, JFK Trade Soaring 100%to Record Levels
Tariff Fear, Chaos Push O'Hare, JFK Trade Soaring 100%to Record Levels

Forbes

time13-05-2025

  • Business
  • Forbes

Tariff Fear, Chaos Push O'Hare, JFK Trade Soaring 100%to Record Levels

Imports alone into Chicago's O'Hare International Airport topped $1.48 billion in March. Trade at Chicago's O'Hare International Airport and New York's JFK International Airport each increased more than 100% from the previous March, according to U.S. Census data I analyzed. They are the first and only U.S. airports, seaports or border crossings to conduct more than $40 billion in two-way merchandise trade in a single month. JFK has done it all three months this year, including a record $49.34 billion in January, while O'Hare did it in March, with a nation-leading $48.54 billion. It's all about the chaos and resultant fear caused by President Trump's trade war with the world, an attempt to tame the United States' $1 trillion deficit. Both airports' massive growth surge was led by imports, not exports. That chaos and fear that showed up in the U.S. bond market, leading to an abrupt 90-day pause in 'Liberation Day' after its announcement on April 2. It has showed up in gyrations in stock markets both in the United States and around the world. President Trump threatened but never actually imposed tariffs on Colombia little more than a week after taking office in January, imposed tariffs on steel and aluminum, imposed tariffs on car imports, threatened tariffs on USMCA partners Canada and Mexico over fentanyl and illegal immigration before pausing and adjusting them, imposed a wide variety of tariffs on all the world's countries, engaged in a tit-for-tariffs slugfest with China, paused the announced 'Retaliation Day' tariffs on the world, and paused China tariffs from embargo levels, the latest falling just outside his first 100 days. Air cargo and airports are better equipped to handle the unprecedented swings in President Trump's trade policy in the first 100 days of his second term, given the aviation supply chain's ability to move generally high-value and light-weight freight more quickly than cargo over sea or land. Perhaps surprisingly, neither airports' surge has much to do with imports from China, given the attention lavished on the U.S. deficit with the manufacturing powerhouse by President Trump and most of his recent predecessors. Nor do the surges have much to do with Canada and Mexico. Mexico, Canada and China – the three top-ranked U.S. trade partners – accounted for 41% of all U.S. trade in 2024. That percentage fell to just under 35% in March. It's largely Ireland for Chicago's O'Hare, more specifically pharmaceuticals. It's mainly Switzerland for JFK, more specifically gold. Three of the top four imports into O'Hare in March accounted for more than 50% of the value of all ... More imports, the exception being cell phones. For O'Hare it meant $17.31 billion in the category of insulin, hormones and steroids year-to-date, an increase of 1,795% from the previous first quarter. It meant a YTD increase of 79.21% in cell phones and related equipment. It meant an increase of pills and other medicines in individual doses of 104.48% to $10.2 billion, through March. (In 2024, 70% of the cell phones and related equipment came from China; in 2025, the percentage has dropped to 44%.) For JFK, it meant an increase of 6,148% YTD to $67.37 billion in articles with precious metals, which in this case is largely gold. The JFK imports this year into the articles with precious metals category was overwhelmingly gold ... More and accounted for two-thirds of the value of all imports. An increase in both the trading and the price of gold – which has been treasured for millennia – is a long-standing reaction to instability and fear in the economy. Its surge in imports largely occurred in January – a reaction to the early talk of significant tariffs rather than the tariffs themselves. The value has topped $3,000 per ounce. An increase in the vaccines, steroids, insulin, plasma and pills – conversely not something that has been around for millennia but that is the ultimate high-tech product – was in large part an attempt to beat coming tariffs. Consequently, the two airports have ranked first and second nationally all three months this year – a first as near as I can tell, since the Port of Los Angeles and, more recently, Port Laredo in Texas have historically been nationwide leaders. Port Laredo had been first among all ports 18 of the 21 months prior to January of 2025, when JFK gold imports surged. The Port of Los Angeles was ranked first the other three months over the last two years and most months for decades prior. The two powerhouses of U.S. trade find themselves ranked third and fourth, respectively.

New report reveals illegal immigrant population hit new high during Biden-era crisis
New report reveals illegal immigrant population hit new high during Biden-era crisis

Yahoo

time07-03-2025

  • Politics
  • Yahoo

New report reveals illegal immigrant population hit new high during Biden-era crisis

FIRST ON FOX: The number of illegal immigrants in the U.S. is estimated to have surged to more than 18 million after the Biden-era border crisis, according to a new research report by a hawkish immigration group, which also found an 11% increase in less than two years. The report was produced by the Federation for American Immigration Reform (FAIR), which argues for lower levels of immigration overall. It estimates that, as of March 2025, there are approximately 18.6 million illegal immigrants living in the U.S. That is 11% higher than an estimate the group published in June 2023, when it found that there were 16.8 million illegal immigrants. Overall, it estimates that the population has grown by 4.1 million or 28.2% since December 2020. Vance Takes Victory Lap In Border Visit As Illegal Immigrant Numbers Plummet "As of 2025, American population growth comes almost entirely from unsustainably high levels of immigration, both legal and illegal," the report says. FAIR estimates that there were around 11.7 million illegal immigrants in 2013. Read On The Fox News App The group includes, as an illegal immigrant, anyone who does not have legal status like a visa or permanent residency, and notably also includes those who may be in the country illegally but given a lawful presence, like Temporary Protected Status or humanitarian parole. The Biden administration dramatically expanded the use of humanitarian parole as a way to curb skyrocketing illegal border crossings. It allowed migrants to cross the border after scheduling an appointment on the CBP One app for parole, and had parole programs where migrants could fly in having obtained travel authorization. FAIR argues that even though they are described as having a "lawful presence," they do not have legal status and therefore cannot be counted as being in the country legally. Trump Honors Lives Of Laken Riley, Jocelyn Nungaray While Celebrating Strides On Securing Border "Counting individuals in these situations as 'legal immigrants' or 'lawful residents' would be both incorrect and a biased mischaracterization of immigration law," the group argues. The report estimates the total number of illegal immigrants by using Census Data and compensating for what it argues is a history of undercounting those who arrive illegally, calculating an undercount of around 40%. The report also concedes that "estimating the size, distribution, and characteristics of the illegal alien population is an inexact science." "In truth, we do not know exactly how many people cross the border illegally and evade immigration authorities, nor can anyone accurately quantify overstays or gotaways. We can only estimate these figures based on annual and monthly census data," the report says. Click Here For More Immigration Coverage It argues that key factors driving the surge in numbers were Biden-era policies, including at the border, the release of migrants into the U.S. and what it claims was an "abuse" of parole authority. The Trump administration, which took office in January, has reversed a number of Biden policies and has shut down the parole policies and the use of the CBP One app. It has also launched a mass deportation campaign in the interior, while also deploying the military to the border and declaring a national emergency. The administration has since been touting a sharp drop in numbers at the border. In February, there were just 8,326 southern border encounters, down from 189,913 in February 2024. The administration has so far removed more than 55,000 illegal immigrants from the U.S. "Within hours of taking the oath of office, I declared a national emergency on our southern border and I deployed the U.S. military and Border Patrol to repel the invasion of our country. And what a job they've done. As a result, illegal border crossings last month were by far the lowest ever recorded, ever," President Donald Trump said on Tuesday. "They heard my words, and they chose not to come."Original article source: New report reveals illegal immigrant population hit new high during Biden-era crisis

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