C

Indianapolis, IN

Source:

Affordability Score: 59/100

Population: 910,148 · 37 ZIP codes

The affordability dashboard for Indianapolis, IN aggregates Census ACS 5-Year Estimates across 37 ZIP codes covering 910,148 residents, then layers in county-level federal data to produce an overall grade of C (59/100). The headline inputs are median household income of $69,726, median home value of $226,823, median rent of $1,202 per month, and 34.6% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,473 per month (studio $1,118, 1BR $1,267, 3BR $1,907, 4BR $2,338).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Unemployment currently reads 5.1% and poverty 15.3% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$69,726
Median household income
Education C
34.6%
Bachelor's degree or higher
Housing C
3.3x
Home value $226,823 vs income
Commute C
25 min
Average commute time
Rent C+
$1,473/mo
2BR fair market rent (25% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$69,726
▲ 12% vs national
Per Capita Income
$38,052
Unemployment Rate
5.1%
Poverty Rate
15.3%

Housing

Median Home Value
$226,823
▼ 18% vs national
Median Rent
$1,202/mo
Owner Occupied
57.8%
2BR Fair Market Rent
$1,473/mo
▲ 23% vs national

Fair Market Rents by Bedroom

Studio
$1,118
1BR
$1,267
2BR
$1,473
3BR
$1,907
4BR
$2,338

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
34.6%
▲ 5 ppt vs national
High School+
61.5%
Median Age
34.8
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Indianapolis, IN receives an overall affordability grade of C (59/100), aggregated from 37 ZIP codes with a total population of 910,148. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Indianapolis ZIP Codes
View all 37 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Indianapolis, IN affordable?
Indianapolis, IN receives an overall affordability grade of C (59/100) based on Census, HUD, FBI, and DOL data. Median household income is $69,726. Median home value is $226,823.
What is the cost of living in Indianapolis?
Key cost metrics: Median rent $1,202/mo. 2BR fair market rent $1,473/mo. Median home value $226,823.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →