Market Demographics

Community/Economic Development Department

With the responsibility of overseeing Indio's current explosive growth, attracting new business, maintaining statistical information, assisting existing businesses and more, this department is working diligently to keep up with the activity.

Demographics

Indio's Five-Mile Trade Area
Median Househould Income (2005):.......................$61,105
Median Value of Housing (2005):...........................$270,364
Population (2005):.......................................................203,846
Population at Build-out:..............................................422,408

Explosive Growth

Single Housing: 853 housing permits in 2001; 1,101 permits in 2002; 1,636 permits in 2003; 2,557 in 2004; and 2,375 in 2005.
Population Trend: 49,116 in 2000; 131,000 in 2010; 208,739 in 2020.
Total Permit Valuation: $55 million in 1999; $112 million in 2001; $171 million in 2002; $268 million in 2003; $487,835,878 in 2004; and 463,189,877 in 2005.

Ideal Location

On HWY. I-10 between Los Angeles, California and Phoenix, Arizona.
On the NAFTA Highway, Offering a direct link to Mexico.
At the eastern seat of Riverside County.

Affordability

Affordable, and well located land.
Low utility rates, for both power and water.

Added Benefits and Incentives

The Coachella Valley Enterprise Zone, offers State Tax Credits
The Coachella Valley Empowerment Zone, offers federal tax credits.
The City's Merged Redevelopment Project Area can provide further assistance.

Valuation

The City's explosive growth is reflected in the continuing increase of construction permit valuation totals. These represent the total dollar value of all projects. In 2003, total valuation was nearly 300 percent higher than in 2000! Total valuation for 2005 is $463,189,877.

Sales Tax

For each $100 of retail sales, the City receives $1 in sales tax that is applied to the General Fund to finance City services. The I-10 Auto Mall, for example, generated $1.9 million in sales tax this past year.