The Builders Association of Greater Indianapolis says new, single-family building permits were up slightly in May, compared to the same month the previous year. The nine-county organization reports more than one-third of the total permits were issued for construction in Hamilton County. June 17, 2014
INDIANAPOLIS, Ind. – The May building permit reports indicate that in the Greater Indianapolis Nine-County area, Single-Family Building Permits increased 3 percent over the 2013 numbers year-to-date and have increased 2 percent over last month. Reports indicate there have been 2189 new home permits issued so far this year compared to 2130 in 2013.
“It is important to note the influence of these numbers on the local economy,” says Steve Lains, CEO of the Builders Association of Greater Indianapolis. “Permits equate to a significant local economic impact and job creation which are vital components to a thriving community. Additionally, the stable uptick in new construction permits is a definite indicator of solid industry demand,” says Lains.
In the Greater Indianapolis Nine-County region, the permits issued through May 2014 have created a total economic impact of $392,014,445 in local income, $88,993,769 in local taxes, and 6,637 local jobs, year to date (see chart below).
County Total Permits Local Income Local Taxes Local Jobs
Boone 193 $34,563,174 784,413 585
Hamilton 854 $152,937,568 34,719,360 2589
Hancock 157 $28,116,157 6,382,833 476
Hendricks 298 $53,366,973 12,115,186 904
Johnson 264 $47,278,124 10,732,917 800
Madison 39 $6,984,268 1,585,545 118
Marion 320 $57,306,817 13,009,596 970
Morgan 44 $7,879,687 1,788,819 133
Shelby 20 $3,581,676 813,100 61
Totals: 2189 $392,014,445 $88,993,769 6637
The Builders Association of Greater Indianapolis is a professional trade association representing residential homebuilders, associates and remodelers. For more information call 317-236-6330; or visit for permits from 2000-2014.
Source: Builders Association of Greater Indianapolis