Indianapolis city (balance), Indiana Demographics & Population 2026
As of 2026, Indianapolis city (balance), Indiana has a total population of 882,043, the 1st largest city in Indiana, with a median household income of $62,995, which is 10% lower than the state average. The poverty rate is 15.7%.
Key Takeaways
- Indianapolis city (balance) is the 1st largest city in Indiana with a population of 882,043.
Indianapolis city (balance) Quick Facts
How Indianapolis city (balance) Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Indianapolis city (balance) Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Indianapolis city (balance)
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fort Wayne city | 266,235 | $60,293 | $169,700 | 28.5% | 15.6% |
| Evansville city | 116,441 | $52,251 | $129,100 | 22.3% | 18.6% |
| South Bend city | 102,866 | $52,512 | $124,500 | 29.4% | 22.6% |
| Hammond city | 77,098 | $53,950 | $141,700 | 15.4% | 19.2% |
| Fishers city | 100,918 | $128,141 | $370,200 | 66.2% | 3.6% |
Population Overview
Indianapolis city (balance) is a major urban center located in Indiana. The total population is 882,043. It ranks as the 1st most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Indianapolis city (balance) is 34.1 years. This is 10% lower than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Indianapolis city (balance) is $62,995. This is 10% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 15.7%. This is 29% higher than the state poverty rate of 12.2%. The unemployment rate is 5.2%. This is 21% higher than the state rate of 4.3%. The median home value is $207,000. Housing costs are 3% higher than the state median of $201,600. The home-value-to-income ratio is 3.3x. 55.3% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Indianapolis city (balance) is White (non-Hispanic), making up 49.9% of the population. Black or African American residents account for 27.8%. The Black or African American population is significantly higher than the state average (27.8% vs 9.1%). The Hispanic or Latino population is significantly higher than the state average (13.3% vs 8.4%). The Asian population is significantly higher than the state average (4.1% vs 2.5%).
Education
34.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.
Data Sources & Methodology
All demographic data for Indianapolis city (balance), Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Indianapolis city (balance), Indiana?
Indianapolis city (balance), Indiana has a population of 882,043 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Indianapolis city (balance), IN?
The median household income in Indianapolis city (balance) is $62,995, which is 20% lower the national median of $78,538.
What is the poverty rate in Indianapolis city (balance), IN?
The poverty rate in Indianapolis city (balance) is 15.7%. This means approximately 135,490 residents live below the federal poverty line.
What is the racial makeup of Indianapolis city (balance), Indiana?
Indianapolis city (balance)'s population is 49.9% White, 27.8% Black, 13.3% Hispanic/Latino, and 4.1% Asian.
What is the median home value in Indianapolis city (balance), IN?
The median home value in Indianapolis city (balance) is $207,000. The home-value-to-income ratio is 3.3x.
How educated is Indianapolis city (balance), Indiana?
34.2% of adults (25+) in Indianapolis city (balance) hold a bachelor's degree or higher, and 12.5% hold a graduate or professional degree.