Downtown is home to 20,285 people in Indianapolis. 19% of homes are owner-occupied. This is an unusually credentialed place: 63% of adults have a four-year degree. This skews young, with a median age of 29.5. There are 5,462 people per square mile. Households here earn about 26% more than in Indianapolis as a whole. These figures are approximated by combining the 5 census tracts that make up Downtown; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Average income
near the US median
US median: $82,259
Younger
median age 29.5
US median: 38.9
More educated
63% hold a bachelor's degree
US average: 36%
Renter-heavy
19% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
20,285
Population density
5,462 / sq mi
US average: 281
Median age
29.5
US average: 38.9
Land area
3.71 sq mi
Section 02
Income & economy
Median household income
$83,253
US average: $82,259
Per capita income
$62,585
US average: $44,673
Households earning $100K+
54.1%
US average: 53.3%
Poverty rate
19.6%
US average: 12.5%
Income inequality (Gini)
0.465
US average: 0.476
Workforce by industry, 2024
Retail trade11.7%
US avg: 9.9%
Other services6.7%
US avg: 6.7%
Information6.2%
US avg: 10.8%
Public administration4.8%
US avg: 4.8%
Finance & insurance4.2%
US avg: 5.9%
Professional, scientific, technical3.4%
US avg: 5.1%
Arts, entertainment, food2.8%
US avg: 1.9%
Wholesale trade2.6%
US avg: 6.9%
Transportation & warehousing1.3%
US avg: 2.2%
Education & health services0.9%
US avg: 0.9%
Agriculture, forestry, fishing0.1%
US avg: 1.6%
Construction0.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$408,775
US average: $376,019
Median gross rent
$1,551
US average: $1,442
Owner-occupied
18.6%
81.4% rent
Vacancy rate
13.4%
US average: 10.0%
Persons per household
1.58 people
US average: 2.54
Owner cost-burdened
32.6%
US average: 22.9%
Renter cost-burdened
34.9%
US average: 47.4%
Afford Score
4.9
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic65.7%(13,326)
Black15.4%(3,119)
Hispanic / Latino7.5%(1,528)
Asian6.8%(1,382)
Other4.6%(930)
2024
White, non-Hispanic65.7%(13,326)
Black15.4%(3,119)
Hispanic / Latino7.5%(1,528)
Asian6.8%(1,382)
Other4.6%(930)
Diversity Score
67
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.