Relocation of vets & families brings millions of dollars of economic impact to state
INvets, a leading organization that supports veterans in their transition to civilian careers, has successfully relocated 490 veterans and their families to Indiana.
This initiative, which resulted in a substantial economic impact of $9 million for fiscal year 2024 (July 1, 2023 to June 30, 2024) underscores Indiana’s growing appeal as a destination for veterans and their families seeking post-service opportunities. It also highlights the pivotal role of INvets in facilitating these transitions.
“These results not only show how attractive Indiana is to veterans and their families post-service but are also a testament to the amazing work the team at INvets does and will continue to do to help their fellow veterans find great careers and communities in Indiana,” INvets President and CEO Blaine Zimmerman said.
INvets visits military bases nationwide to connect with transitioning veterans, highlighting career and community opportunities in Indiana. In fiscal year 2023 (July 1, 2022 to June 30, 2023), 404 veterans and their families relocated to Indiana, marking a 21 percent increase from the previous fiscal year. This influx generated a $6.2 million economic impact statewide, a 45 percent rise from the previous fiscal year.
“Leaving the Marine Corps, INVets introduced me to a network of fellow veterans who made my transition from military life to Indiana feel effortless,” said Wyatt Nelson, who relocated from Kentucky to Westfield in July 2023. “Their unwavering support and extensive resources for veterans and their families post-service are truly unparalleled. It’s a big reason why so many of us are choosing to make Indiana our new home.”
INvets data shows veterans and their families moved to 46 counties across the state this year, with Marion, Allen, and Hamilton being the top three counties they moved to. This widespread relocation represents a significant influx of new residents and a robust injection into the state’s economy. Each family’s relocation contributes approximately $50,000 to the local economy, encompassing various expenditures such as housing, utilities, groceries, and other essentials.
“I am so proud of INvets’ efforts to help veterans and their families once they’ve served our country,” said Lt. Gov. Suzanne Crouch, who also serves as Indiana’s Secretary of Agriculture and Rural Development. “The fact that these veterans are choosing Indiana as a place to live and work is a testament to the quality-of-life Hoosier communities work hard to create and maintain.”
INvets collaborates with more than 630 companies statewide to link veterans with exceptional career opportunities, while also assisting them in selecting the ideal community to support their families. By partnering with businesses and local organizations, INvets has created a robust network that facilitates career placements and ensures veterans and their families thrive in their new homes.
About INvets
INvets, founded by veterans for veterans, aids in transitioning to civilian life, focusing on job placement and finding the right community for veterans and their families to ensure their success and happiness. For more information about INvets and its initiatives, visit invets.org.