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Economy, jobs and prices in Indianapolis, Indiana: official figures

The median household income in Indianapolis was $66,219 a year in the 2020-2024 American Community Survey (in 2024 dollars), 233rd lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Indiana median $71,957.

Median household income
$66,219
2020-2024
Unemployment rate (ACS)
5.1%
2020-2024
Mean travel time to work
24.6 min
2020-2024
Median gross rent (monthly)
$1,156
2020-2024
Median home value (owner-occupied)
$224,800
2020-2024
Homes occupied by their owners
56.0%
2020-2024
Households with a broadband subscription
91.8%
2020-2024

What is the per capita income in Indianapolis?

Income per resident (per capita income) in Indianapolis averaged $37,680 a year in 2020-2024, 322nd lowest of 823 US cities of 50,000 or more (US: $44,673; Indiana: $38,351).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Indianapolis?

Indianapolis' Gini index of household income inequality was 0.467 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 263rd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Indianapolis, Indiana?

5.1% of the civilian labor force in Indianapolis was unemployed on average over 2020-2024 (24,025 people), 378th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Indiana's 4.3%.

Source: U.S. Census Bureau · saved copy

What share of people in Indianapolis are working?

68.6% of Indianapolis' 690,374 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 237th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Indianapolis have jobs?

448,822 residents of Indianapolis held civilian jobs, 65.0% of those aged 16 and over (US: 59.7%), and 594 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Indianapolis?

The largest industry group for working residents of Indianapolis was education, health care and social assistance (22.7% of employed residents), followed by professional, scientific, management and administrative services (12.7%) and retail trade (11.5%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Indianapolis work in manufacturing?

Manufacturing employed 10.9% of working residents of Indianapolis, 258th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.7% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Indianapolis, Indiana?

Commuters in Indianapolis took 24.6 minutes on average to get to work in 2020-2024, 408th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.7% travelled an hour or more and 21.7% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Indianapolis get to work?

14.0% of workers living in Indianapolis worked from home in 2020-2024, 387th highest of 823 US cities of 50,000 or more (US: 15.1%). 71.8% drove to work alone, 9.6% carpooled, 1.4% used public transport and 1.8% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Indianapolis, Indiana?

The median gross rent (rent plus utilities) in Indianapolis was $1,156 a month in 2020-2024, 172nd lowest of 823 US cities of 50,000 or more (US: $1,413; Indiana: $1,062).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Indianapolis?

Owner-occupied homes in Indianapolis had a median value of $224,800 in 2020-2024 as estimated by their owners, 146th lowest of 823 US cities of 50,000 or more (US: $332,700; Indiana: $218,200).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Indianapolis?

The median home value in Indianapolis was 3.4 times the median household income, 166th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Indianapolis, Indiana own their home?

56.0% of the 362,961 occupied homes in Indianapolis were lived in by their owners in 2020-2024 and 159,622 were rented, 357th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Indiana: 70.6%).

Source: U.S. Census Bureau · saved copy

What share of homes in Indianapolis have broadband?

91.8% of households in Indianapolis had a broadband internet subscription of some type in 2020-2024, 341st lowest of 823 US cities of 50,000 or more (US: 91.0%; Indiana: 89.9%).

Source: U.S. Census Bureau · saved copy

How many households in Indianapolis have no internet?

5.6% of households in Indianapolis (20,366) had no internet access at home in 2020-2024, 326th highest of 823 US cities of 50,000 or more (US: 6.5%); 13.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Indianapolis compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Indianapolis ranks 591 of 823, highest first.

RankCityMedian household income (2024 dollars)
588Elizabeth$66,555
589Columbia$66,498
590Clearwater$66,381
591Indianapolis$66,219
592Green Bay$66,206
593Davenport$66,200
594Norfolk$66,109
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Indianapolis ranks 502 of 823, highest first.

RankCityPer capita income (2024 dollars)
499Janesville$37,762
500Kenosha$37,709
501Hampton$37,706
502Indianapolis$37,680
503Rock Hill$37,612
504Everett$37,594
505Meriden$37,538
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Indianapolis ranks 263 of 823, highest first.

RankCityGini index of household income inequality
260Norman0.467
261Lakeland0.467
262Merced0.467
263Indianapolis0.467
264Laguna Niguel0.467
265Jacksonville0.466
266Mishawaka0.466
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Indianapolis ranks 446 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
443Provo5.1%
444Santa Fe5.1%
445Asheville5.1%
446Indianapolis5.1%
447Corpus Christi5.1%
448Greensboro5.1%
449West Palm Beach5.1%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Indianapolis ranks 237 of 823, highest first.

RankCityLabor force participation rate (16 and over)
234Lancaster68.6%
235Waukegan68.6%
236Hendersonville68.6%
237Indianapolis68.6%
238Minnetonka68.6%
239Fort Worth68.6%
240Waltham68.5%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Indianapolis ranks 416 of 823, highest first.

RankCityMean travel time to work (minutes)
413Caldwell24.6
414Allentown24.6
415Warwick24.6
416Indianapolis24.6
417Apple Valley24.6
418Thousand Oaks24.6
419Carmel24.6
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Indianapolis ranks 387 of 823, highest first.

RankCityWorkers who worked from home
384Melbourne14.1%
385Manchester14.1%
386Prescott Valley14.0%
387Indianapolis14.0%
388Fort Worth14.0%
389Napa14.0%
390Richmond14.0%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Indianapolis ranks 361 of 823, highest first.

RankCityWorkers commuting by public transportation
358Huntersville1.4%
359Whittier1.4%
360Shreveport1.4%
361Indianapolis1.4%
362West Jordan1.4%
363Burnsville1.4%
364Carson City1.3%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Indianapolis ranks 258 of 823, highest first.

RankCityEmployed residents working in manufacturing
255West Jordan11.0%
256La Crosse11.0%
257Bartlett10.9%
258Indianapolis10.9%
259Yorba Linda10.9%
260Lebanon10.9%
261Leander10.9%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Indianapolis ranks 441 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
438Concord22.7%
439Oakland22.7%
440Mount Pleasant22.7%
441Indianapolis22.7%
442Canton22.6%
443Victoria22.6%
444Diamond Bar22.6%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Indianapolis ranks 652 of 823, highest first.

RankCityMedian gross rent per month
649Abilene$1,157
650Chicopee$1,157
651Columbus$1,157
652Indianapolis$1,156
653Fall River$1,155
654Cicero$1,154
655San Angelo$1,153
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Indianapolis ranks 678 of 823, highest first.

RankCityMedian value of owner-occupied homes
675Kenosha$225,200
676Wyoming$225,200
677St. Cloud$225,000
678Indianapolis$224,800
679New Britain$223,600
680Janesville$223,400
681Jonesboro$223,200
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Indianapolis ranks 655 of 820, highest first.

RankCityMedian home value as a multiple of median household income
652Macon-Bibb County3.4x
653Edmond3.4x
654Rochester Hills3.4x
655Indianapolis3.4x
656North Little Rock3.4x
657Milwaukee3.4x
658Mansfield3.4x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Indianapolis ranks 467 of 823, highest first.

RankCityOccupied homes lived in by their owners
464Harlingen56.1%
465Lincoln56.1%
466Turlock56.1%
467Indianapolis56.0%
468Bradenton56.0%
469Lacey55.9%
470San Buenaventura (Ventura)55.9%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Indianapolis ranks 483 of 823, highest first.

RankCityHouseholds with a broadband subscription
480Kannapolis91.8%
481Huntsville91.8%
482Lakewood91.8%
483Indianapolis91.8%
484Cuyahoga Falls91.8%
485Fort Lauderdale91.8%
486Commerce City91.8%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Indianapolis ranks 326 of 823, highest first.

RankCityHouseholds with no internet access
323Jersey City5.6%
324Cuyahoga Falls5.6%
325Las Vegas5.6%
326Indianapolis5.6%
327Fort Worth5.6%
328Passaic5.6%
329Galveston5.6%
Source: U.S. Census Bureau · saved copy

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Sources

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