Department of Numbers

Indianapolis-Carmel Indiana Household Income

The Census ACS 1-year survey reports that the median household income for the Indianapolis-Carmel Indiana metro area was $70,224 in 2021, the latest figures available. Indianapolis median household income is $7,481 higher than the median Indiana household income and $507 greater than the US median household income. 2022 metro income data (including Indianapolis median household income) will be released in September of 2023. Median family and per capita income for Indianapolis-Carmel are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Indianapolis Indiana

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
Indiana $62,743 -0.38% +4.31%
Indianapolis $70,224 +1.10% +6.66%

Trends in Indianapolis, IN Real Median Household Income since 2005

At $70,224, the median household income for Indianapolis was at a new inflation adjusted high in 2021.

Real Median Household Income: Indianapolis, Indiana, National

Historical Inflation Adjusted Median Household Income for Indianapolis

Date US Indiana Indianapolis
2021 $69,717 $62,743 $70,224
2020 $70,877 $62,983 $69,462
2019 $69,638 $61,045 $66,236
2018 $66,828 $60,148 $65,841
2017 $66,687 $59,884 $65,836
2016 $65,052 $59,064 $64,073
2015 $63,784 $57,788 $62,122
2014 $61,468 $56,644 $59,877
2013 $60,869 $55,370 $59,514
2012 $60,732 $55,533 $61,248
2011 $60,969 $56,063 $61,360

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Indianapolis Family Income

The ACS 1-year data shows the median family income for Indianapolis was $86,713 in 2021. Compared to the median Indiana family income, Indianapolis median family income is $7,470 higher. As with the median household income data, 2022 family income data for Indianapolis will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Indianapolis Indiana

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
Indiana $79,243 -1.11% +4.70%
Indianapolis $86,713 -2.16% +5.35%

Trends in Indianapolis, IN Real Median Family Income since 2005

The current median family income for Indianapolis is $86,713. Real median family income peaked in 2020 at $88,629 and is now $1,916 (2.16%) lower.

Real Median Family Income: Indianapolis, Indiana, National

Historical Inflation Adjusted Median Family Income for Indianapolis

Date US Indiana Indianapolis
2021 $85,806 $79,243 $86,713
2020 $87,269 $80,135 $88,629
2019 $85,780 $78,290 $87,575
2018 $82,434 $75,689 $82,312
2017 $81,669 $75,252 $82,846
2016 $80,231 $74,552 $82,605
2015 $78,061 $72,235 $81,541
2014 $75,505 $69,628 $75,934
2013 $74,593 $69,231 $74,428
2012 $73,920 $69,273 $78,339
2011 $74,192 $68,992 $74,581

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Indianapolis Per Capita Income

The ACS 1-year survey shows the per capita income for Indianapolis was $37,422 in 2021. Compared to the median Indiana per capita income, Indianapolis median per capita income is $4,368 higher. As with the median household and median family income numbers above, 2022 per capita income data for Indianapolis will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Indianapolis Indiana

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
Indiana $33,054 -1.38% +4.31%
Indianapolis $37,422 -1.80% +5.99%

Trends in Indianapolis, IN Real Per Capita Income since 2005

The current per capita income for Indianapolis is $37,422. Real per capita income peaked in 2020 at $38,107 and is now $685 (1.80%) lower.

Real Per Capita Income: Indianapolis, Indiana, National

Historical Real Per Capita Income for Indianapolis

Date US Indiana Indianapolis
2021 $38,332 $33,054 $37,422
2020 $38,730 $33,516 $38,107
2019 $37,803 $32,840 $37,506
2018 $36,503 $31,688 $35,307
2017 $35,807 $31,304 $35,463
2016 $35,145 $31,008 $35,210
2015 $34,284 $30,186 $34,016
2014 $33,094 $28,800 $31,616
2013 $32,833 $28,886 $32,219
2012 $32,297 $28,253 $32,045
2011 $32,243 $28,399 $32,242

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