Indianapolis city (balance), Indiana, IN
Population 882,043 · Indiana
About Indianapolis city (balance), Indiana, IN
Indianapolis city (balance), Indiana is a major city in Indiana with a population of 882,043 residents. The median household income is $62,995 per year, which is near the national average. The median age in Indianapolis city (balance), Indiana is 34.1 years.
Housing in Indianapolis city (balance), Indiana has a median home value of $207,000 and median monthly rent of $1,112. Of the 399,634 total housing units, the majority are owner-occupied, with 199,012 owner-occupied and 160,653 renter-occupied units.
The unemployment rate in Indianapolis city (balance), Indiana is 5.2% and the poverty rate is 15.7%. 34.2% of residents hold a bachelor's degree or higher. The average commute time is 24.3 minutes.
How Indianapolis city (balance), Indiana Ranks in Indiana
Cost of Living in Indianapolis city (balance), Indiana, IN
Compared to national averages, Indianapolis city (balance), Indiana has a median household income of $62,995 (16% below the national median of $75,149). Home values average $207,000, which is 15% below the national median. Monthly rent at $1,112 is 4% below the US average of $1,163. Within Indiana, Indianapolis city (balance), Indiana's income is 9% below the state average of $69,330, and home values are 27% above the state median of $163,409.
Why Live in Indianapolis city (balance), Indiana, IN?
Indianapolis city (balance), Indiana offers affordable housing with a median home value of $207,000, below the US average of $244,900, and rent that’s lower than the national average at $1,112/month, and a well-educated community where 34.2% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($62,995) that falls below the national average. However, as a major city, Indianapolis city (balance), Indiana provides access to a wide range of amenities and services.
Indianapolis city (balance), Indiana has a population of 882,043 with a median age of 34.1 years. Compare Indianapolis city (balance), Indiana with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Indianapolis city (balance), Indiana
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fort Wayne | 266,235 | $60,293 | $169,700 | Compare |
| Evansville | 116,441 | $52,251 | $129,100 | Compare |
| South Bend | 102,866 | $52,512 | $124,500 | Compare |
| Fishers | 100,918 | $128,141 | $370,200 | Compare |
| Carmel | 100,501 | $134,602 | $455,500 | Compare |
| Bloomington | 78,791 | $48,918 | $289,700 | Compare |
| Hammond | 77,098 | $53,950 | $141,700 | Compare |
| Noblesville | 71,940 | $102,319 | $321,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Indianapolis city (balance), Indiana With Other Cities
Frequently Asked Questions about Indianapolis city (balance), Indiana
What is the population of Indianapolis city (balance), Indiana, IN?
The population of Indianapolis city (balance), Indiana, IN is 882,043 according to the latest Census data.
What is the median household income in Indianapolis city (balance), Indiana?
The median household income in Indianapolis city (balance), Indiana, IN is $62,995 per year.
What is the median home value in Indianapolis city (balance), Indiana?
The median home value in Indianapolis city (balance), Indiana, IN is $207,000.
What is the average rent in Indianapolis city (balance), Indiana?
The median monthly rent in Indianapolis city (balance), Indiana, IN is $1,112.
What is the unemployment rate in Indianapolis city (balance), Indiana?
The unemployment rate in Indianapolis city (balance), Indiana, IN is 5.2%.