Foreclosures in Indiana decreased in 2009 over the prior year. There was a total of 41,405 properties with foreclosure filings. That works out to a rate of one filing for every 67 households, which compares to the United States average of 45, and is a about one and a half percent of the state's housing units.
Indiana is the 16th largest U.S. state by population, with 6,423,113 people (in 2009). Its 36,418 square miles make it the 38th largest state by area. Median household income in 2008 was $47,966.
Indiana is in the heart of the country's "Grain Belt," and also is a major producer of soybeans. Besides being an agricultural powerhouse, Indiana is also a major manufacturing center. The Northwest of the state is the country's biggest steel producing area. Cars, machinery, electrical equipment and coal and petroleum products are all major sectors of the economy. Indianapolis is home to top pharmaceutical manufacturer, Eli Lilly, which is the state's largest single company.
