Indianapolis, IN Overview

Through the UNIGOV consolidation with Marion County, the City of Indianapolis now encompasses the suburban townships that surround it as well as very small towns like Crows Nest or Rocky Ripple that retain a unique identity.  Historic neighborhoods like Old Northside, the Historic Arts District, or Herron-Morton Place provide opportunities for Victorian Queen Anne architecture or distinctive features such as bay windows, ornate stone fireplaces, stained glass, soaring ceilings, wide staircases, and built-ins.  Just south of the University of Indianapolis is the neighborhood of University Heights, where streets were named after the bishops and university founders.  Residents enjoy a location just minutes from the university's resources but also close to downtown, Greenwood shopping, lush parks, and Interstate highways.

 

Area youth within the city are served by the Indianapolis Public Schools, although the townships provide independent school districts for suburban communities.  Regardless of the environment or lifestyle you desire, Indianapolis offers a distinctive neighborhood or modern subdivision that meets every need.  Cozy bungalows, two-story manors, executive homes, and acreage properties in the suburbs are some of the possibilities.  Indianapolis International Airport and the impressive number of thoroughfares crisscrossing the region ensure that travel is efficient and convenient.  Throughout the county, the diversity of residential communities is enhanced by world-class attractions for a truly rich lifestyle that grows more endearing with every passing year. 

Summary

Population Growth (since 2000) 8 %
Population Density (ppl / mile) 2,333.00
Household Size (ppl) 2.414
Households w/ Children 29 %

Housing Stability

Annual Residential Turnover 18 %
5+ Years in Residency 34 %
Median Year in Residency 2.99

Housing Inventory

Indianapolis, IN Housing Inventory 191,916 46,891 150,476 191,916 46,891

Market Overview

2253 listings with an estimated median price of $264,999

Price Count
$0 - 100K 252
$100K - 200K 555
$200K - 300K 529
$300K - 400K 325
$400K - 500K 210
$500K - 600K 94
$600K - 700K 53
$700K - 800K 44
$800K - 900K 38
$900K - 1M 36
$1M - Max 117
Property Type Count
Single Family 1482
Townhouse 35
Condo 212
Commercial 176
Rental 9
Lots and Land 277
Multi Family 68
Farms 3

(Data as of 5/24/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Indianapolis, IN Population Demographics

Total: 843,184

Households:342,392

Median Age: 35.24

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Indianapolis, IN Temperature

Weather Risk

Indianapolis, IN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Indianapolis, IN Education Climate Index

Highest Education Level Attained

Indianapolis, IN Highest Education Level Attained 160,581 115,332 57,545 29,368 52,114 99,274 37,901 160,581 57,545 29,368 52,114

Employment and Finance

Workforce

Indianapolis, IN Workforce

Income by dollar range (Median Income: $43,160)

Indianapolis, IN Income by dollar range 31,413 21,172 22,096 22,416 21,504 21,783 19,301 18,217 16,083 28,268 32,725 36,490 20,886 11,644 13,500 1,945 2,703 246

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$552
One Bedroom
$651
Two Bedroom
$809
Three Bedroom
$1,084
Four Bedroom
$1,230

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Indianapolis, IN Crime

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