Income & Economy in Indianapolis city (balance), IN
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$62,995
-14% vs national
Per Capita Income
$36,194
-3% vs national
Poverty Rate
15.7%
+15% vs national
Gini Index
0.4720
0 = perfect equality
Unemployment
5.2%
0% vs national
SNAP Recipients
12.4%
of households
How Indianapolis city (balance) Compares
Source: Census ACS (2023)Indianapolis city (balance) vs Similar Cities
Source: Census ACS (2023)Compared to cities with 500,000 - 1,000,000 residents. Indianapolis city (balance) is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Indianapolis city (balance). The median household income here is $62,995.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
5.2%
+16% vs IN avg
Labor Force
466,653
Employed
441,777
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
22.4%
of adults 25+
High School Diploma+
39.9%
of adults 25+
Median Age
34.1
Work from Home
12.3%
of workers
The median household income in Indianapolis city (balance), IN is $62,995, which is 14.0% below the national average of $73,224. Per capita income is $36,194. The poverty rate of 15.7% is higher than the IN state average of 11.9%. The Gini index of income inequality is 0.4720, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.2%, compared to the state average of 4.5%. 22.4% of adults hold a bachelor's degree or higher.