The guys in Jackass are too old to be doing that stuff anymore...(and some RIP.) So these guys are doing it for them. It is VERY similar and would be better if they made it more original in some way, but the fact that its in Indiana and not the suburbs of PA is a minor enough difference right there that makes it a bit interesting.
The characters aren't quite as funny as the guys in Jackass either, and again...its not very original. But if you like Jackass at all, it is good for a few laughs,and not a terrible show as some 1 star reviews are saying. (Jackass probably also had plenty of 1 star reviews...)
It would benefit if they maybe branch out and travel to other places and try new things..and try to make it more original and less a copy of Jackass, but its not a 1 star show either. (So the characters in Jackass could go other places and mess with people on the street pretty much anywhere and it would be funny...these guys aren't quite as talented in that way so it relies on the stunts more, and some of them aren't that funny per se.)
Overall: if you like Jackass you will probably enjoy it at least a little, but don't expect anything groundbreaking.