Indiana · Census place 36003
Indianapolis city (balance), IN
Quick answer
Indianapolis city (balance) has 882,043 residents, ranking #1 of 976 places in Indiana. Median household income is $62,995, the median home is worth $207,000 and median gross rent runs $1,112 a month.
- Population
- 882,043Indianapolis city (balance) residents
- Median household income
- $62,995Past 12 months, inflation adjusted
- Median home value
- $207,000Owner-occupied units
- Median gross rent
- $1,112Rent plus utilities, monthly
- Median age
- 34.1 yrsAll residents
- Homeownership rate
- 55.3%Owner-occupied households
What the numbers mean in Indianapolis city (balance)
Housing cost measured against local earnings.
A household earning the Indianapolis city (balance) median would spend about 21.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.7% of residents and 55.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Fort Wayne city 266,235
- Evansville city 116,441
- South Bend city 102,866
- Fishers city 100,918
Keep going
More Indiana coverage.