Indianapolis-Carmel-Muncie, IN CSA

Counties include: Bartholomew, Boone, Brown, Decatur, Delaware, Hamilton, Hancock, Hendricks, Henry, Howard, Jackson, Johnson, Madison, Marion, Miami, Montgomery, Morgan, Putnam, Shelby, Tipton

Largest City: Indianapolis Consolidated (2024 population: 900,896)

Population per Square Mile: 344.6

Square Miles: 7,811.1

Population over Time	Number	Rank in State	Percent of State	Indiana
Yesterday (2020)	2,599,880	1	38.3%	6,785,528
Today (2024)	2,691,579	1	38.9%	6,924,275
Tomorrow (2030 projection)*	2,769,530	1	39.5%	7,013,509
Percent Change 2020 to Today	3.5%	1		2.0%

*Projection based on 2020 Census population estimates.
Sources: U.S. Census Bureau; Indiana Business Research Center

Components of Population Change, 2023-2024	Number	Rank of 10	Percent of State	Indiana
Net Domestic Migration	4,230	1		4,268
Net International Migration	16,893	1		30,852
Natural Increase (births minus deaths)	7,992	1	87.3%	9,159

Source: U.S. Census Bureau

Population Estimates by Age, 2024	Number	Rank of 10	Pct Dist. in Region	Pct Dist. in State
Preschool (0 to 4)	164,457	1	6.1%	5.9%
School Age (5 to 17)	469,581	1	17.4%	17.0%
College Age (18 to 24)	244,650	1	9.1%	9.7%
Young Adult (25 to 44)	740,138	1	27.5%	25.9%
Older Adult (45 to 64)	641,028	1	23.8%	23.9%
Seniors (65 and older)	431,725	1	16.0%	17.5%

Sources: U.S. Census Bureau; Indiana Business Research Center

Population Estimates by Race and Hispanic Origin, 2024	Number	Rank of 10	Pct Dist. in Region	Pct Dist. in State
American Indian or Alaska Native Alone	12,527	1	0.5%	0.5%
Asian Alone	114,588	1	4.3%	3.1%
Black Alone	398,664	1	14.8%	10.6%
Native Hawaiian and Other Pac. Isl. Alone	1,989	1	0.1%	0.1%
White	2,091,575	1	77.7%	83.2%
Two or More Race Groups	72,236	1	2.7%	2.5%
Hispanic or Latino Origin (can be of any race)
Non-Hispanic	2,456,483	1	91.3%	90.9%
Hispanic	235,096	1	8.7%	9.1%

Source: U.S. Census Bureau

Household Types	Number	Rank of 10	Pct Dist. in Region	Pct Dist. in State
Households in 2023 (includes detail not shown below)	1,032,796	1	100.0%	100.0%
Married With Children	198,158	1	19.2%	18.1%
Married Without Children	292,777	1	28.3%	29.3%
Single Parents	91,184	1	8.8%	8.9%
Living Alone	305,527	1	29.6%	29.6%

Source: U.S. Census Bureau, American Community Survey 5-year estimates.

Housing	Number	Rank of 10	Pct Dist. in Region	Pct Dist. in State
Total Housing Units in 2024 (estimate)	1,160,842	1	100.0%	100.0%
Total Housing Units in 2023 (includes vacant units)	1,124,199	1	100.0%	100.0%
Owner Occupied (Pct. distribution based on all housing units)	698,498	1	62.1%	63.9%
Renter Occupied (Pct. distribution based on all housing units)	334,298	1	29.7%	26.9%

Source: U.S. Census Bureau, American Community Survey 5-year estimates.

Education	Number	Rank of 10	Percent of State	Indiana
School Enrollment (2024/2025 Total Reported)	468,849	1	41.4%	1,132,621
Public	428,740	1	41.5%	1,033,552

Sources: Indiana Department of Education; U.S. Census Bureau, American Community Survey 5-year estimates.

Income and Poverty	Number	Rank of 10	Percent of State	Indiana
Per Capita Personal Income (annual) in 2023	$68,729	1	112.2%	$61,243
Welfare (TANF) Monthly Average Families in 2024	2,049	1	42.6%	4,813
Food Stamp Recipients in 2024	246,005	1	40.4%	608,295
Free and Reduced Fee Lunch Recipients in 2024/2025	198,173	1	40.6%	488,145

Sources: U.S. Bureau of Economic Analysis; U.S. Census Bureau; Indiana Family Social Services Administration; Indiana Department of Education

Health and Vital Statistics	Number	Rank of 10	Percent of State	Indiana
Births, 2021	31,678	1	39.6%	79,946
Births to Teens, 2021	1,434	1	37.3%	3,845
Deaths, 2019	23,045	1	34.9%	66,005

Source: Indiana State Department of Health

Labor Force, 2024	Number	Rank of 10	Percent of State	Indiana
Total Resident Labor Force	1,382,735	1	40.0%	3,455,992
Employed	1,327,827	1	40.1%	3,310,992
Unemployed	54,908	1	37.9%	145,000
Annual Unemployment Rate	4.0	4	95.2%	4.2
May 2025 Unemployment Rate	3.2	4	94.1%	3.4

Source: STATS Indiana, using data from the Indiana Department of Workforce Development

Employment and Earnings by Industry, 2023	Employment	Pct Dist. in Region	Earnings ($000)	Pct Dist. In Region	Avg. Earnings Per Job
Total by place of work	1,744,519	100.0%	$139,099,850	100.0%	$79,735
Wage and Salary	1,386,170	79.5%	$93,897,311	67.5%	$67,739
Farm Proprietors	9,398	0.5%	$460,584	0.3%	$49,009
Nonfarm Proprietors	348,951	20.0%	$25,579,153	18.4%	$73,303
Farm	11,660	0.7%	$606,235	0.4%	$51,993
Nonfarm	1,732,859	99.3%	$138,493,615	99.6%	$79,922
Private	1,556,200	89.2%	$124,397,963	89.4%	$79,937
Accommodation, Food Serv.	117,031	6.7%	$3,897,589	2.8%	$33,304
Arts, Ent., Recreation	32,499	1.9%	$1,471,785	1.1%	$45,287
Construction	96,330	5.5%	$8,518,630	6.1%	$88,432
Health Care, Social Serv.	188,977*	10.8%*	$16,131,614*	11.6%*	$85,363*
Information	19,953*	1.1%*	$1,729,155*	1.2%*	$86,661*
Manufacturing	155,523	8.9%	$17,788,437	12.8%	$114,378
Professional, Tech. Serv.	117,008*	6.7%*	$12,360,217*	8.9%*	$105,636*
Retail Trade	156,382	9.0%	$6,580,899	4.7%	$42,082
Trans., Warehousing	136,214*	7.8%*	$7,456,375*	5.4%*	$54,740*
Wholesale Trade	59,504*	3.4%*	$7,232,364*	5.2%*	$121,544*
Other Private (not above)	460,717*	26.4%*	$40,096,024*	28.8%*	$87,030*
Government	176,659	10.1%	$14,095,652	10.1%	$79,790

Source: U.S. Bureau of Economic Analysis
* These totals do not include county data that are not available due to BEA non-disclosure requirements.

Residential Building Permits, 2024	Units	Pct Dist. in Region	Pct Dist. in State	Cost ($000)	State Cost ($000)
Total Permits Filed	12,874	100.0%	100.0%	$4,260,314	$8,133,071
Single-Family	10,101	78.5%	75.4%	$3,741,128	$6,951,719
2-Family	284	2.2%	1.9%	$64,807	$100,498
3- and 4-Family	118	0.9%	0.8%	$33,740	$45,624
5+ Family	2,371	18.4%	21.9%	$420,638	$1,035,231

Notes: Detail cost may not sum to total due to rounding. Greene County does not currently issue building permits, so it is excluded.
Source: U.S. Census Bureau

Largest Cities and Towns in Indianapolis-Carmel-Muncie, IN CSA

Name	Population in 2024	Percent of Region
Anderson	55,851	2.1%
Carmel	103,606	3.8%
Columbus	51,970	1.9%
Fishers	103,986	3.9%
Greenwood	68,175	2.5%
Indianapolis	891,484	33.1%
Kokomo	60,093	2.2%
Muncie	65,320	2.4%
Noblesville	75,239	2.8%
Westfield	62,994	2.3%

Source: U.S. Census Bureau annual population estimates