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ZipNumbers

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

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