The Region 5 Workforce Board, Inc. represents the eight central Indiana counties including Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Morgan and Shelby. According to the U.S. Census Bureau, in 2017 there were 1,025,795 persons, 15.4% of the state population, residing in the region. The regional population increase was 10.1% since 2010. Minority population was 9.7%.
Persons under 18 years of age comprised 25.1% of the population and college age (18-24) persons were 7.9%. Adults age 25-64 represented over half of the region’s population (52.8%). Adult population was evenly divided among younger (25-44) adults 26% and older (45-64) adults 26.8%. Seniors age 65 and older constituted 14.1% of the population. The region’s age distribution is very similar to the state as a whole.
In 2016, there were 22,192 establishments in the region employing one or more persons. Private Non-farm Employment was 474,593 generating $22,712,385 in earnings, an average of $47,857 per job. Over half of employment was in seven Industry Sectors: Retail Trade, Healthcare and Social Services, Accommodations & Food Service, Manufacturing, Construction, Transportation and Warehousing and Wholesale Trade. Health Care and Social Services sector employment earnings was 10.3% of regional earnings followed by Manufacturing sector earnings at 9.7%.
As of July 2018, the Region 5 labor force consisted of 558,734 workers and the unemployment rate was 3.1% with 16,891 persons unemployed.
For additional demographics and customized county profiles, visit “Indiana IN Depth”.
“Hoosiers by the Numbers” website provides the most current information about the region. www.hoosierdata.in.gov
Population Statistics: U.S. Census Bureau, American Community Survey 5-year estimates.
Employment and Earnings Statistics: U.S. Census Bureau, County Business Patterns
Labor force Statistics: Indiana Department of Workforce Development, Research and Analysis, LAUS