Census ACS · #34 MSA
Indianapolis Metro Area
The Indianapolis-Carmel-Greenwood, In Metropolitan Statistical Area has 2,106,327 residents. The median household income is $77,065 and the median home value is $244,000.
2,106,327
Population
516
People / sq mi
$77,065
Median Income
$244,000
Median Home Value
The Indianapolis CBSA covers 4,086 sq mi of land at 515.5 people per square mile.
Race & Ethnicity
| White | 70.8% |
| Black or African American | 15.1% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 1.3% |
Economy & Income
$77,065
Median Household Income
$42,522
Per Capita Income
7.4%
Poverty Rate
2.8%
Unemployment
Cost of Living
The Indianapolis metro's price level is 95.7 on the BEA Regional Price Parity index (US average = 100), meaning prices are 4.3% lower the US average. The local median income of $77,065 has the buying power of $80,531 in average-priced US metros.
95.7
Price Level (US = 100)
$80,531
COL-Adjusted Median Income
$77,065
Nominal Median Income
Housing
$244,000
Median Home Value
$1,142
Median Rent
66.6%
Homeownership
Education
91.1%
High School+
37.8%
Bachelor's+
Commute
0.7%
Drive Alone
14.0%
Work From Home
25.4 min
Avg Commute
24.5%
Foreign Born
Indianapolis spans this state
Nearby metros
Largest cities in Indiana
Largest counties in Indiana
Part of Indiana
Other metros
Metro areas in Indiana
Metro rankings
Frequently Asked Questions
The Indianapolis-Carmel-Greenwood, In Metropolitan Statistical Area has a population of 2,106,327 according to Census ACS 5-Year estimates, making it the #34 largest CBSA in the US.
The median household income in the Indianapolis metro area is $77,065, with a per capita income of $42,522.
The Indianapolis-Carmel-Greenwood, In CBSA spans the state of Indiana.
Where to stay near Indianapolis
Visiting or relocating to the Indianapolis metro area? Compare hotels and short-term rentals across the region — live availability and prices.
Top-rated places to stay near Indianapolis
Availability and prices from Stay22 partners (Booking.com, Vrbo, Expedia). We may earn a commission from bookings, at no extra cost to you.
Planning a move to Indianapolis?
Get relocation and cost-of-living insights for the Indianapolis metro by email. No spam, unsubscribe anytime.
More from Indiana
Data for the Indianapolis-Carmel-Greenwood, In CBSA (26900) from the American Community Survey 5-Year estimates. Core-Based Statistical Areas combine cities, suburbs, and surrounding counties tied together by commuting patterns.
Indianapolis stands apart on settlement density — it is among the most densely settled of US metro areas, at roughly 516 people per square mile. Indianapolis is a metro area in IN with a population of 2,106,327.
The typical household earns $77,065 a year, near the US median of $78,538. Poverty is relatively low for US metro areas at 7.4%, below the national 12.4%. Median home value is $244,000, with typical rent around $1,142.
About 37.8% of adults 25 and older have a bachelor’s degree, above the 35.0% national figure.
That density explains much of the rest of the profile in Indianapolis: denser places lean toward renting, shorter commutes by transit, and a younger working-age mix.
Source: U.S. Census Bureau ACS, 2026.