What Are the Key Economic Drivers and Industries in Schererville, Indiana?

What Are the Key Economic Drivers and Industries in Schererville, Indiana?

Schererville, Indiana is a town located in Lake County, Indiana, in the Northwest part of the state. Schererville is a growing community with a population of approximately 29,000 people. Schererville is known for its proximity to Chicago and other major cities, which makes it an attractive location for businesses and residents alike. In this article, we will explore the key economic drivers and industries in Schererville, Indiana.

Key Economic Drivers in Schererville, Indiana

Location

Schererville's location is one of its key economic drivers. It is located in the heart of Northwest Indiana, which makes it an ideal location for businesses that need to reach customers in Chicago, Indianapolis, and other major cities. Schererville is also located near several major highways, including Interstate 80/94, which runs east to west, and Interstate 65, which runs north to south. These highways make it easy for businesses to transport goods and people to and from Schererville.

Low Cost of Living

The cost of living in Schererville is lower than many other parts of the country. This makes it an attractive location for businesses that want to reduce their overhead costs. Schererville's low cost of living is due in part to its affordable housing market, which allows residents to live comfortably without having to pay high rents or mortgages.

Educated Workforce

Schererville has a highly educated workforce. The town is home to several colleges and universities, including Purdue University Northwest and Ivy Tech Community College. These institutions provide Schererville residents with access to high-quality education and training, which helps to create a highly skilled and knowledgeable workforce. Businesses in Schererville can take advantage of this workforce by hiring from the local pool of talented workers.

Industries in Schererville, Indiana

Manufacturing

Manufacturing is one of the key industries in Schererville. The town is home to several manufacturing companies that produce a wide range of products, including automotive components, electronics, and metal products. These companies take advantage of Schererville's location and transportation infrastructure to transport their goods to customers around the country and the world.

Retail

Retail is another important industry in Schererville. The town has several shopping centers and retail stores that provide residents with access to a wide range of products and services. Schererville's proximity to major cities like Chicago and Indianapolis makes it an attractive location for retailers that want to reach a large customer base.

Healthcare

Healthcare is also a growing industry in Schererville. The town is home to several hospitals, medical clinics, and healthcare providers that serve residents of Schererville and the surrounding areas. The healthcare industry is expected to continue to grow in Schererville as the population ages and demand for healthcare services increases.

Education

Education is another important industry in Schererville. The town is home to several colleges and universities, as well as several public and private schools. These institutions provide education and training to Schererville residents, which helps to create a highly skilled and knowledgeable workforce. The education industry is also a major employer in Schererville, providing jobs for teachers, administrators, and support staff.

FAQs
What is the population of Schererville, Indiana?

As of the 2020 census, the population of Schererville, Indiana was approximately 29,000 people.

What is the cost of living in Schererville, Indiana?

The cost of living in Schererville, Indiana is lower than the national average. This is due in part to the town's affordable housing market, which allows residents to live comfortably without having to pay high rents or mortgages.

What are the major highways in Schererville, Indiana?

Schererville is located near several major highways, including Interstate 80/94, which runs east to west, and Interstate 65, which runs north to south. These highways make it easy for businesses to transport goods and people to and from Schererville.

What are the top industries in Schererville, Indiana?

The top industries in Schererville, Indiana include manufacturing, retail, healthcare, and education.

Further Reading

If you're interested in learning more about Schererville, Indiana and its economy, here are some resources you may find helpful:

Conclusion

Schererville, Indiana is a growing community with a lot to offer businesses and residents alike. Its location, low cost of living, and highly educated workforce make it an attractive location for businesses looking to reduce their overhead costs and access a skilled pool of workers. The town's key industries include manufacturing, retail, healthcare, and education, all of which are expected to continue to grow in the coming years. If you're considering moving to Schererville or starting a business there, we hope this article has provided you with some valuable insights into the town's economy and its potential for growth and success.