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advantages

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In Martin County, you will find low barriers of entry for businesses including the lowest taxes in the Midwest, lower than average cost of living, amazing communities, and a high quality of life through our vast natural resources, attractions, and destinations.

workforce 

Each day, thousands of scientists, engineers, technical, and skilled professionals travel to Martin County for work. The workforce that fuels our employers comes from as far as Indianapolis and Louisville, but most of the county’s workers are residents of Martin County. Martin County is ranked fourth in the nation for the most concentration of STEM-related jobs (Science, Technology, Engineering, and Mathematics).
 

The county, while representing one of Indiana’s smallest county populations, offers a strong and well-trained workforce capable of supporting a broad spectrum of business and industry. The county’s work ethic is legendary and is supported by active training programs as well as major Hoosier universities.

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Tax Incentives

Martin County wants to work with your business in developing an incentive package that addresses your needs while building a lasting relationship. We offer numerous county and state-supported business incentives for companies desiring to build, locate, expand, or grow new business.
 

Our county offers a variety of incentives such as TIF, Tax Abatements, Workforce Development funds, and more. Please contact us to further discuss what incentives are important to your business and project.

Tax Abatement

Tax abatement is offered by local governments in south central Indiana to attract private investment and job creation. Abatement exempts from property tax all or part of the new assessed value or the increased assessed value of a new investment. The exemption is for between 1 and 10 years. In most cases, tax abatement reduces the owner’s property tax bill by about 50 percent over the full abatement period.
 

Tax abatement can be granted on:
 

  • Real property

  • Personal property

  • New construction (only to the increase in assessed value attributed to the new construction)

  • Property rehabilitation (only to the increase in assessed value attributed to the rehabilitation)

  • Any new or used manufacturing equipment that has not previously been taxed in Indiana

  • Personal property such as laboratory equipment and computers used in experimental research and development laboratories
     

Click here to link to our partner Hoosier Energy’s tax abatement estimator, which will allow you to estimate the value of a potential tax abatement in your investment.

Indiana Tax Credits

Indiana offers many business tax incentives, corporate tax credits, and economic development programs for companies creating new jobs and investments in Indiana. Visit the Indiana Economic Development Corporation to learn more about the tax credits below, including eligibility and an overview.

Area infrastructure

Martin County is the crossroads of southern Indiana.Traveling and commuting is unlike most major markets due to our setting as well as infrastructure of highways and interstates such as U.S. Route 50, U.S. Route 231, and Interstate 69. Many of our businesses utilize these transportation corridors everyday as we have tens of thousands of commercial vehicles picking up and/or delivering freight every year. 
 

Indiana is ranked sixth in the nation in long-distance trucking establishments. A network of roadways that provide 1,100 miles of expressways across Indiana allows for convenient transportation of goods within the state and easy access to the nation.
 

Martin County is located under two hours from two major international airports, a commercial regional airport, as well as several local airports located within the region.
 

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