Last updated: 2024 BLS data · Page refreshed:
Indianapolis city has a population of 885,860 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 885,860 |
| Median Age | 34.3 |
| White | 51.3% |
| Black or African American | 27.9% |
| Asian | 4.2% |
| Hispanic or Latino | 13.8% |
| Other / Two or More Races | 2.8% |
The median household income in Indianapolis city is $66,219, which is 17.9% below the national median of $80,610. The per capita income is $37,680. The poverty rate is 15.8%.
The unemployment rate in Indianapolis city is 4.2%, compared to the national rate of 4.1%.
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In Indianapolis city, 87.9% of residents age 25+ have a high school diploma or higher, and 34.9% hold a bachelor's degree or higher (12.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.9% |
| Bachelor's Degree or Higher | 34.9% |
| Graduate or Professional Degree | 12.8% |
The median home value in Indianapolis city is $224,800, below the national median of $303,400. The median monthly rent is $1,156. The homeownership rate is 56.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $224,800 |
| Median Monthly Rent | $1,156 |
| Homeownership Rate | 56.0% |
| Vacancy Rate | 9.6% |
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