The Region 5 Workforce Investment Board (WIB) represents eight Indiana counties: Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan and Shelby. According to the U.S. Census 2010, there are now 931,279 persons residing in this region. The populations of these eight counties grew by 24% accounting for 45.68% of the entire State of Indiana's population growth. For the first time, the population of the ring counties of Indianapolis exceeds Marion County's (Indianapolis) population.
The Region's minority population grew by 132.5% over the past ten years. Almost 9 percent (8.62%) of Region 5's population is minority.
The age distribution across the region remained stable over the last decade. Children up to the age of 18 represent 29% of the region's population. The College age students account for 5.35% of the total. Persons between the ages of 25 and 49 represent 37% of Region 5. While this age cohort gained additional persons, it lost about 2 percentage points in age distribution proportions due to the fact that the age cohort between 50 and 69 grew from 18.45% of the population to 21.11%. There are now an additional 51,376 people in this older worker age cohort in Region 5.
Region 5's employer base consists of 21,120 firms and these employers hired close to 296,000 Hoosier workers, constituting over 11% of the Indiana's labor force. Five industry sectors Professional, Scientific, Technical Companies, Retail Trade, Construction, Wholesale Trade and Health Care and Social Services - made up 51.5% of the Region's employers in 2010. The five sectors that employed 50 percent of the labor market in Region 5 included Retail Trade, Health Care and Social Services, Accommodation and Food Services, Manufacturing and Administrative support.
As of January 2011, the Region 5 Labor Force consists of 462,273 workers and the unemployment rate was 8.1%. Over the last year, (April 1, 2010 March 31, 2011), 54,859 Region 5 workers collected unemployment benefits.
For additional demographics and customized county profiles, go to Indiana IN Depth.
For updated information about the about the region view the latest "Hoosier by the Numbers" monthly report.
All population statistics come from the 2010 U.S. Census
2005-2009 Census Household Survey