Indianapolis, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Indianapolis, Indiana had a total population of 885,860, the 1st largest city in Indiana, with a median household income of $66,219, which is 8% lower than the state average. The poverty rate is 15.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Indianapolis is the 1st largest city in Indiana with a population of 885,860.
Indianapolis Quick Facts
How Indianapolis Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 882,043 | 885,860 | +0.4% |
| Median household income | $62,995 | $66,219 | +5.1% |
| Median home value | $207,000 | $224,800 | +8.6% |
How Indianapolis Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Indianapolis Rankings in Indiana
Explore Indiana Rankings
Other Cities in Marion County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lawrence | 49,517 | $74,022 | 8.7% | $230,100 |
| Beech Grove | 14,913 | $49,973 | 11.1% | $182,600 |
| Speedway | 13,968 | $60,147 | 17.5% | $228,600 |
| Cumberland | 6,267 | $87,364 | 6.4% | $239,200 |
| Southport | 1,975 | $71,058 | 11.0% | $206,300 |
| Meridian Hills | 1,767 | $211,528 | 0.8% | $661,700 |
| Warren Park | 1,599 | $42,906 | 19.2% | $185,800 |
| Clermont | 1,468 | $82,083 | 8.6% | $194,000 |
| Homecroft | 854 | $78,942 | 2.0% | $231,600 |
| Rocky Ripple | 631 | $72,813 | 8.6% | $194,800 |
Cities Similar to Indianapolis
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Fort Wayne | 268,589 | $61,422 | $188,900 | 29.0% | 16.0% |
| Evansville | 116,116 | $53,387 | $143,100 | 22.8% | 18.4% |
| South Bend | 103,085 | $55,786 | $140,400 | 29.3% | 20.8% |
| Fishers | 102,337 | $130,203 | $391,000 | 66.5% | 4.0% |
| Hammond | 76,768 | $55,504 | $159,900 | 17.4% | 19.1% |
Population Overview
Indianapolis is a major urban center located in Indiana, within Marion County. The total population is 885,860. It ranks as the 1st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Indianapolis is 34.3 years. This is 10% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Indianapolis is $66,219. This is 8% lower than the state median of $71,957. It is also 18% lower than the national median of $80,734. The poverty rate stands at 15.8%. This is 28% higher than the state poverty rate of 12.3%. The unemployment rate is 5.1%. This is 19% higher than the state rate of 4.3%. The median home value is $224,800. Housing costs are 3% higher than the state median of $218,200. The home-value-to-income ratio is 3.4x. 56.0% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Indianapolis is White (non-Hispanic), making up 48.9% of the population. Black or African American residents account for 27.6%. The Black or African American population is significantly higher than the state average (27.6% vs 9.1%). The Hispanic or Latino population is significantly higher than the state average (13.8% vs 8.6%). The Asian population is significantly higher than the state average (4.2% vs 2.6%).
Education
34.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.9%.
Data Sources & Methodology
All demographic data for Indianapolis, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Indianapolis, Indiana?
Indianapolis, Indiana has a population of 885,860 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Indianapolis, IN?
The median household income in Indianapolis is $66,219, which is 18% lower than the national median of $80,734.
What is the poverty rate in Indianapolis, IN?
The poverty rate in Indianapolis is 15.8%. This means approximately 137,526 residents live below the federal poverty line.
What is the racial makeup of Indianapolis, Indiana?
Indianapolis's population is 48.9% White, 27.6% Black, 13.8% Hispanic/Latino, and 4.2% Asian.
What is the median home value in Indianapolis, IN?
The median home value in Indianapolis is $224,800. The home-value-to-income ratio is 3.4x.
How educated is Indianapolis, Indiana?
34.9% of adults (25+) in Indianapolis hold a bachelor's degree or higher, and 12.8% hold a graduate or professional degree.