Indianapolis city (balance): Economy & Jobs

Indianapolis city (balance)'s typical household earns $66,219 (about the same as Marion County median $66,346; 1.1× below Indiana median $73,612), with homes at a median value of $224,800. The surrounding county supports 625,533 jobs (avg $76,163).

Income & Affordability

Median household income $66,219 — below the Indiana median ($73,612). Poverty rate 15.8% (U.S. average ~12.5%). 42% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.4×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income20.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened41.7%
Affordability · Poverty Rate15.8%
Affordability · Property Tax Pct Income3.1%
Irs Income · IRS tax returns filed$467,010
Irs Income · Total Adjusted Gross Income (thousands)$32,401,450
Irs Income · Average AGI per return$69,381
Irs Income · Year2022
Income Estimate$71,783
Median Household Income$66,219 (vs Indiana $73,612)
Poverty Rate15.8%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$66,219

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.5% — below the U.S. average of ~4%. 14% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.60
Commuter Profile · Work From Home Pct14.0%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)625,533
Employment · Total annual wages (county)$47,642,361,246
Employment · Average annual pay$76,163
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,156,740
Unemployment Rate3.5% (vs Indiana 4.5%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms117
Agriculture · Land In Farms Acres10,086
Agriculture · Avg Farm Size Acres86.20
Agriculture · Top CommoditiesCrop Totals, Grain, Soybeans, Corn, Horticulture Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)23,994
Business Patterns · Total Employees535,145
Business Patterns · Annual Payroll Thousands35,520,736
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores180
Local Businesses · Convenience Stores40
Local Businesses · Liquor Stores155
Local Businesses · Gas Stations350
Local Businesses · Department Stores7
Local Businesses · General Merchandise156
Local Businesses · Clothing Stores78
Local Businesses · Pet Stores26

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants771
Dining Scene · Fast Food880
Dining Scene · Bars129
Dining Scene · Coffee Snacks160

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (10)

Woodforest National Bank
0196 INDIANIAPOLIS INDIANA WALMART BRANCH · 4545 Lafayette Rd · 46254
The Huntington National Bank
INDIANAPOLIS COLTS BRANCH · 7001 W 56th St · 46254
KeyBank National Association
NORA BRANCH · 1305 E 86th St · 46240
First Financial Bank
MONUMENT CIRCLE · 11 S Meridian St · 46204
CIBM Bank
CLEARWATER BRANCH · 5120 E 82nd St · 46250
First Merchants Bank
BROAD RIPPLE BRANCH · 5915 N College Ave · 46220
Horizon Bank
INDIANAPOLIS BRANCH · 302 N Alabama St · 46204
Bank of America, National Association
KEYSTONE CROSSING BRANCH · 8551 River Rd · 46240
STAR Financial Bank
MONUMENT CIRCLE BRANCH · 46 Monument Cir · 46204
Generations Community Bank
Generations Community Bank · 2110 N Illinois St · 46202

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (1)

DOLLARTREE 10739
Other · 8235 Crawfordsdville Rd
Nearest Snap · NameFlor Inc - Carniceria Guanajuato
Nearest Snap · Distance0.3 mi

Sources: USDA SNAP — nearest by coordinates

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameBROOK AREA CHAMBER OF COMMERCE INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$133,788,337,768
Federal Spending · Per Capita136,909.46
Federal Spending · Population977,203 people

Sources: USAspending API

Other

Pct Drove Alone71.8%
Pct Public Transit1.8%
Pct Walked14.0%
Retirement Score · Median age34.3 years (vs Indiana 38.2y)
Retirement Score · Ss Household Pct25.5%
Retirement Score · Hospitals Nearby10
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12