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Newcomers 
Cicero's commercial community is a mix of independent small businesses, a few chain establishments and farming. The business climate is healthy, with an unemployment rate at 2.8% and projected future job growth at 1.6%. Tourism is also a factor here as Cicero lies on the Morse Reservoir, a summer playground for many residents of Hamilton County and Indianapolis.
Homes in Cicero vary in price and construction. From condos and luxury waterfront homes to tract subdivisions to historic homes, Cicero offers a diverse environment for its residents. With the median sales price at $178,000 nearly 76% of residents are homeowners and with a median income of over $59,000, residents enjoy a comfortable way of life. Homes in the city center are extremely affordable, oftentimes under $120,000 and still within walking distance to Morse Reservoir.
Cicero Elementary, Hamilton Heights and the Indiana Academy are quality schools serving Cicero residents. With solid rankings and desirable student-to-teacher ratios, these schools are applauded by parents and enable Cicero to attract many new residents. Student-to-teacher ratios are low and the district serves over 2,000 students from several different communities.
Morse Reservoir sits along Cicero's southern edge, providing residents access to over 1500 acres of water for fishing, swimming and boating. The White River was transformed into Morse Reservoir in 1956 and ever since has become a major component in Cicero's growth and is a main focus of entertainment for the area, with public camping and fishing available. The annual Fourth of July celebration is a major draw for residents across the county.
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