Public school systems play a crucial role in shaping local economies, influencing everything from property values to workforce development. The economic impact of local public schools extends far beyond education, affecting businesses, government budgets, and community well-being. Below are key ways in which public schools contribute to local economic health.
- Boosting Property Values and Municipal Revenue
A strong public school system increases demand for housing in the district, driving up property values. Studies consistently show that homes in high-performing school districts command higher prices than comparable homes in weaker districts. Higher property values, in turn, generate more property tax revenue for local governments, which can be reinvested in infrastructure, public safety, and other community services.
Additionally, businesses are more likely to establish themselves in areas with well-regarded schools, knowing that educated communities attract skilled workers and stable families. This creates a positive feedback loop where better schools lead to economic growth, which then further supports school funding.
- Workforce Development and Economic Competitiveness
Public schools are the primary source of skilled labor for local industries. By providing foundational education, vocational training, and college preparation, schools ensure that businesses have access to qualified employees. Areas with strong school systems tend to have lower unemployment rates and higher average incomes because educated workers are more productive and adaptable to changing job markets.
Investments in STEM (Science, Technology, Engineering, and Math) programs, career and technical education (CTE), and partnerships with local businesses further enhance workforce readiness. Companies often consider school quality when deciding where to locate, as they need a pipeline of talent to sustain operations.
- Direct Employment and Local Spending
Public schools are among the largest employers in many communities, providing jobs for teachers, administrators, custodians, and support staff. These employees spend their salaries locally, supporting restaurants, retail stores, and service providers. The multiplier effect means that every dollar spent on school payroll circulates through the economy multiple times, stimulating additional business activity.
Beyond salaries, schools also contribute to local economies through construction projects (e.g., building new facilities or renovating old ones), purchasing supplies from area vendors, and contracting services like transportation and food supply. These expenditures create jobs and generate tax revenue.
- Reducing Long-Term Public Costs
Quality education correlates with lower crime rates, reduced reliance on social welfare programs, and better public health outcomes. Students who graduate from strong school systems are less likely to require government assistance, engage in criminal activity, or face chronic unemployment. This reduces the burden on taxpayers, who would otherwise fund prisons, healthcare for the uninsured, and social services.
Early childhood education programs, in particular, have been shown to yield high long-term returns by improving graduation rates and future earnings while decreasing incarceration costs.
- Attracting and Retaining Families and Businesses
Families with children prioritize school quality when choosing where to live. Communities with reputable schools experience population growth, which sustains local businesses and services. Conversely, declining school performance can lead to outmigration, shrinking the tax base and harming economic vitality.
Similarly, corporations evaluating relocation opportunities assess school systems to ensure employees will have access to good education for their children. A weak school system can deter investment, while a strong one can attract high-paying jobs and stimulate economic diversification.
Conclusion
The local public school system is not just an educational institution but a cornerstone of economic stability and growth. By enhancing property values, developing a skilled workforce, employing residents, reducing public costs, and attracting businesses, schools create a thriving economic ecosystem. Policymakers and community leaders must recognize that investing in education yields broad economic benefits, making it one of the most impactful ways to ensure long-term prosperity.
The following report contains those school districts that are completely or partially within the county. The school districts are sorted in a left to right order based on the number of students that are estimated to live in the county, although they may actually attend a school outside the county boundary. Except where noted all figures are for the entire disctrict population and not just that portion that are in the county.
Where available, the district's name contains a link to that district's website.
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Speedway School Town |
Beech Grove City Schools |
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Decatur Township Metropolitan School District |
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Pike Township Metropolitan School District |
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Washington Township Metropolitan School District |
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Franklin Township Community School Corporation |
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Warren Township Metropolitan School District |
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Wayne Township Metropolitan School District |
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Perry Township Metropolitan School District |
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Lawrence Township Metropolitan School District |
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Indianapolis Public Schools |
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Grade Span of Agency Number of Schools Total Classroom Teachers Student/Teachers
Prekindergarten Kindergarten Grade 1 Grade 2 Grade 3 Grade 4 Grade 5 Grade 6 Grade 7 Grade 8 Grade 9 Grade 10 Grade 11 Grade 12 PK thru 12 Students Ungraded Students Adult Education and Other Students Special Ed IEP Students Total Students
White Black Asian Hispanic Native American Hawaiian/Pacific Islander Undefined or Multiple Races
Prekindergarten Teachers Kindergarten Teachers Elementary Teachers Secondary Teachers Ungraded Class Teachers Total FTE Teachers
Elementary School Counselors Secondary School Counselors School Counselors Total Counselors
School Administrators School Administrative Support Staff Instr. Coord. and Super. to Staff Student Support Services Staff Librarians/media specialists Library/Media Support Staff School Psychologists Paraprofessionals/Instructional Aides Total School Staff
LEA Administrators LEA Administrative Support Staff Total LEA Staff
All Other Support Staff Total Other Staff
|
PK-12
48
1,563
14.14
724
1,728
1,778
1,881
1,839
1,850
1,718
1,669
1,404
1,551
1,491
1,533
1,417
1,223
21,806
57
0
236
22,099
4,161
8,146
203
8,067
28
6
1,252
4
91
811
657
0
1,563
11
28
0
39
76
157
80
349
3
10
20
236
850
9
69
158
488
488 |
PK-12
17
878
18.85
578
1,123
1,154
1,189
1,198
1,206
1,122
1,225
1,203
1,255
1,330
1,353
1,306
1,232
16,474
28
0
44
16,546
2,732
7,403
111
5,064
9
7
1,176
0
68
398
412
0
878
1
26
0
27
69
105
37
30
2
14
8
44
272
13
46
96
390
390 |
PK-12
21
987
16.34
290
1,138
1,177
1,217
1,199
1,281
1,235
1,319
1,226
1,213
1,277
1,181
1,227
1,042
16,022
22
0
82
16,126
5,497
2,100
4,527
3,044
13
10
853
9
70
496
412
0
987
4
18
0
22
49
154
29
125
1
15
13
82
438
23
44
96
424
424 |
PK-12
18
968
16.34
104
1,088
1,048
1,106
1,104
1,193
1,101
1,138
1,141
1,234
1,349
1,412
1,380
1,401
15,799
0
0
22
15,821
3,431
6,062
101
5,347
18
13
827
1
60
472
435
0
968
0
23
0
23
51
133
18
156
10
0
11
22
383
5
35
58
438
438 |
PK-12
16
733
15.65
0
848
883
859
823
871
787
824
870
897
914
960
967
907
11,410
30
0
33
11,473
1,610
6,287
49
2,570
19
10
895
3
46
330
354
0
733
6
26
0
32
54
79
34
115
0
11
2
33
294
10
29
73
370
370 |
PK-12
11
610
18.56
335
724
760
822
926
858
855
907
830
842
886
874
833
769
11,221
19
0
81
11,321
6,290
1,352
1,851
986
23
10
728
2
26
315
267
0
610
10
13
0
23
28
53
37
89
0
14
17
81
282
8
17
62
300
300 |
PK-12
14
700
15.45
169
793
785
767
747
774
720
788
788
788
966
888
877
885
10,735
0
0
82
10,817
3,025
4,251
379
2,379
11
8
682
12
41
297
350
0
700
1
23
0
24
48
98
27
160
0
8
15
82
411
6
23
56
356
356 |
PK-12
13
663
16.05
352
781
783
799
748
852
697
812
793
806
842
884
740
727
10,616
1
0
24
10,641
680
6,493
166
2,714
9
9
546
0
30
312
321
0
663
7
17
0
24
38
67
32
119
6
11
14
24
279
10
26
68
281
281 |
PK-12
10
428
15.75
227
448
481
456
513
504
467
513
486
499
557
548
488
457
6,644
11
0
84
6,739
3,178
1,884
38
1,049
17
5
484
8
25
201
194
0
428
1
9
0
10
14
50
14
78
1
6
8
84
241
12
21
47
239
239 |
PK-12
5
177
15.79
76
203
197
195
185
180
181
214
200
234
248
212
220
212
2,757
0
0
37
2,794
1,760
380
19
356
0
0
242
0
11
78
88
0
177
0
2
0
2
13
15
6
36
0
0
2
37
103
5
5
16
86
86 |
PK-12
6
126
14.20
21
139
162
121
124
128
110
126
142
144
165
163
128
115
1,788
1
0
0
1,789
715
494
89
384
3
1
103
0
10
60
56
0
126
0
0
0
0
7
13
2
1
0
0
0
0
21
5
7
14
33
33 |
Sources: STI: PopStats and STI: Colossus
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