Indiana’s Remote Talent Program Draws 1,200 New Residents, Benefiting Communities Facing Population Decline
INDIANAPOLIS – The state of Indiana has welcomed an impressive roster of 1,200 new residents through community-led remote worker relocation programs on MakeMyMove.com.
• Newcomers hail from 44 states and 5 countries
• 73% are college educated (vs 54% state average)
• AVG household size: 2.3
• Employed in in-demand fields like technology, finance, and sales
• Median household income is $100,000 (50% higher than the state average)
The impact of these new residents benefits communities from South Bend to Tell City.
• Movers have relocated to 31 counties across the state
• The new households will generate $45 Million in new annual economic output and create 260 new full-time jobs for Hoosiers in addition to the remote jobs they bring with them, according to modeling developed by analysts at the Indiana University Public Policy Institute
• The impact is particularly significant given that 53% of movers have relocated to communities experiencing population decline.
Radius Indiana President and CEO Jeff Quyle is one of the state’s trailblazers in talent-first economic development. Communities in the Radius region, which includes eight counties in Southern Indiana, have welcomed 186 new residents from all over the world.
“Our prior strategy was very reflective of the old model of economic development which focused entirely on enticing businesses to move to the area,” Quyle says. “Because of remote work, we’re learning we can also ‘sell’ our region to high-income talent directly. It’s been a rewarding and extremely ROI positive activity for us.”
Muncie Mayor, Dan Ridenour, agrees. The city has added 149 new residents through remote worker recruitment. “I moved to Muncie more than 20 years ago because the quality of life is like nowhere else,” he commented. “We’re thrilled to see families from all over the country fall in love with our community, and the economic impact is huge.”
Local remote talent attraction programs are funded in part by matching dollars from the Indiana Economic Development Corporation (IEDC). Executive Vice President of Workforce and Talent at the IEDC Tony Denhart said the program has been a win for the state. “Population growth is a catalyst for community-wide economic growth,” he said. “Through remote worker recruitment, we can inject talent and economic activity directly into communities that need it the most.”
"Indiana is a great home base for remote workers," said Evan Hock, co-founder and COO of Indianapolis-based MakeMyMove. "The welcoming communities and affordable life make it a perfect destination for talented folks looking for a change. The state’s strategy is a template for places that are looking for fresh ways to grow their economies."
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About the Indiana Economic Development Corporation: The IEDC is charged with growing the state economy, driving economic development, helping businesses launch, grow and locate in the state. Led by the Indiana Secretary of Commerce and governed by a 15-member board chaired by Governor Eric J. Holcomb. The IEDC is organized as a public private partnership and manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts.
About MakeMyMove: MakeMyMove is the country’s first and only online marketplace where remote workers can explore the communities that are incentivizing their relocations. Since launching in December 2020, more than 2,000 remote workers and their families have found and relocated to new communities across the country.