Amazon HQ2: Indianapolis Ranked 10 For Housing, Quality Of Life

INDIANAPOLIS, IN — Indianapolis makes the top ten when it comes to real estate rankings among the finalists for Amazon's second headquarters. ATTOM Data Solutions, which analyzes numbers about the housing market, ranked Indianapolis' real estate number 10 among the finalists, beating out Chicago, New York, Miami, Boston and more for the top 10 spot.

Indianapolis had the cheapest housing prices and the 3rd lowest five-year home price appreciation percentage, the study found.

The Amazon project could eventually bring as many as 50,000 jobs to the area, as well as a higher demand for more housing.

Here's a full breakdown of Indianapolis' scores:

• Overall real estate rank: 10
• Q4 2017 median home price: $130,000
  • Rank: lowest!
• 5-Year home price appreciation: 16 percent
  • Rank: 3rd lowest
• Price to income ratio: 2.60
  • Rank: 7th lowest
• Average school score: 0.81
  • Rank: 15th highest
• Crime rate to national average: 287
  • Rank: 16th lowest
• Effective property tax rate: 1.02 percent
  • Rank: 10th lowest
• Environmental hazard risk index: 3.09
• Rank: 7th lowest

Amazon considered more than 200 proposals from various countries before announcing the Circle City as a finalist in February.

RELATED:

• Indianapolis Ranked As A City To Live In If You Love Amazon
  
• What Amazon's HQ2 Could Mean For Indianapolis Rent Prices
• Amazon Officials Visited HQ2 Finalist Indianapolis Last Month
• Amazon HQ2 Shortlist Of Candidates Includes Indianapolis
• Bid Deadline For Second Amazon HQ Location

Boone County (five locations), Hammond and Gary were among the Indiana spots that competed for the chance to house the Seattle-based company's new headquarters spot. Fishers' Mayor Scott Fadness and Indianapolis Mayor Joe Hogsett collaborated and advocated for Indy-area locations, and submitted bids in September of last year.

Click here to see how other cities ranked on the chart.

Photo credit: David Ryder/Getty Images