GDP / Output
+5.6% YoY
78
$135.6B
Output changed +5.6% in 2024.
Vintage date unknown
State growth4.6%
U.S. growth5.3%
PLACEThriving
Indianapolis City (Balance), IN
Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.
Overall score77out of 100
78
80
61
71
100
Population
885,860
Data freshness
Unknown
Jobs
Unemployment rate
80
2.8%
Unemployment is 2.8% for April 2026.
Vintage date unknown
State avg3.2%
U.S. avg4.3%
Population
+1.9% 5-year
61
885,860
Population moved +1.9% over the latest ACS window.
Vintage date unknown
State population6,851,073
U.S. population334,922,499
Housing
Rent share of income
71
20.9%
Median rent consumes 20.9% of median household income: Affordable.
Vintage date unknown
State rent$1.1K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$147.2K per resident
100
$143.8B
$143.8B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$207.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$143.8B
$147.2K per resident in reported federal flow.
Top agencies
Dollars1. Department of Health and Human Services$135.0B
2. Social Security Administration$3.9B
3. Department of Defense$2.1B
Top recipients
Dollars1. ROLLS-ROYCE CORPORATION$1.3B
2. DEPARTMENT OF EDUCATION INDIANA$748.2M
3. VERTEX MODERNIZATION AND SUSTAINMENT LLC$275.5M
Affordable
Housing Affordability
20.9%
of median income
1BR estimate$948
2BR estimate$1,248
Median income$66,219
Median home value$224,800
ACS context
Quick Facts
Population
885,860
Median age
34.3
Bachelor's degree+
34.9%
Poverty rate
15.8%
Labor force participation
68.6%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.4%
GDP CAGR
+6.5%
Federal flow
5 years
Population (5 years)
2020869,387
2021880,104
2022882,006
2023882,043
2024885,860
GDP (5 years)
2020$98.9B
2021$109.1B
2022$120.0B
2023$128.4B
2024$135.6B
2-year linear forecast
Predictive Outlook
Population forecast
2024885,860
2025890,346 *
2026893,834 *
R² = 78.5% · * projected
GDP forecast
2024$135.6B
2025$146.2B *
2026$155.5B *
R² = 99.3% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$66,219/yr
Median rent$1,156/mo
Rent share of income20.9%
Est. mortgage (30yr, 6.5%)$13,641/yr
Mortgage share of income20.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.8%
State avg3.2%
U.S. avg4.3%
Labor force participation68.6%
Poverty rate15.8%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$224,800
Median monthly rent$1,156
Price-to-rent ratio16.2x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score75/100
Economic growth78/100
Labor market80/100
Population momentum61/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.