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NEIGHBORHOOD

Valley Mills

Indiana · Indianapolis · 8,665 residents · 5.48 sq mi
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The short version

Valley Mills has lower-than-average household income, with a median household income of $67,561. Population has held roughly steady since 2024. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $209,589. At a median age of 31.6, residents skew younger than the country as a whole. These figures are approximated by combining the 2 census tracts that make up Valley Mills; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 31.6
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Owner-heavy
66% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
8,665
Population density
1,581 / sq mi
US average: 281
Median age
31.6
US average: 38.9
Section 02

Income & economy

Median household income
$67,561
US average: $82,259
Per capita income
$31,748
US average: $44,673
Households earning $100K+
47.8%
US average: 53.3%
Poverty rate
18.5%
US average: 12.5%
Income inequality (Gini)
0.362
US average: 0.476
Workforce by industry, 2024
Finance & insurance19.2%
US avg: 5.9%
Professional, scientific, technical18.6%
US avg: 5.1%
Wholesale trade11.8%
US avg: 6.9%
Information9.8%
US avg: 10.8%
Retail trade6.9%
US avg: 9.9%
Other services3.6%
US avg: 6.7%
Transportation & warehousing3.4%
US avg: 2.2%
Public administration3.1%
US avg: 4.8%
Arts, entertainment, food1%
US avg: 1.9%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$209,589
US average: $376,019
Median gross rent
$1,453
US average: $1,442
Owner-occupied
65.9%
34.1% rent
Vacancy rate
5.9%
US average: 10.0%
Owner cost-burdened
16.5%
US average: 22.9%
Renter cost-burdened
61.9%
US average: 47.4%
Afford Score
3.1
RELATED:See current rent listings in Valley Mills on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic70.5%(6,106)
Black16.7%(1,448)
Hispanic / Latino5.6%(481)
Asian0.4%(31)
Other6.9%(599)
Diversity Score58.5%(5,065)
2024
White, non-Hispanic70.5%(6,106)
Black16.7%(1,448)
Hispanic / Latino5.6%(481)
Asian0.4%(31)
Other6.9%(599)
Diversity Score58.5%(5,065)
Diversity Score
58
Section 05

Education

Bachelor's degree or higher
21.5%
US average: 35.6%
High school or higher
92.4%
US average: 89.6%
Graduate degree
9.1%
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.1 min
US average: 26.5
Drive alone to work
75.9%
US average: 68.9%
Carpooled to work
18.4%
US average: 8.5%
Public transit
0.0%
US average: 3.2%
Worked from home
3.3%
US average: 15.0%
Walked to work
0.0%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
17.2%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.1%
US average: 5.2%
Labor force participation
71.8%
US average: 63.5%
Self-employed
11.4%
US average: 13.1%
Management & professional
31.2%
US average: 42.5%
Section 08

People & community

Male
47.5%
Female
52.5%
Foreign born
5.4%
US average: 14.1%
Veterans
4.6%
US average: 6.2%
With a disability
12.1%
US average: 13.3%
Uninsured
2.9%
US average: 8.4%
Broadband at home
97.7%
US average: 91.0%
English only at home
91.8%
US average: 77.7%
Spanish at home
3.5%
US average: 13.6%
Explore

Neighborhoods in Indianapolis

AirportAllisonvilleArlington WoodsAugusta-New AugustaBrendonwoodBroad RippleButler-TarkingtonCastletonChapel Hill-Ben DavisCrooked CreekDevingtonDowntownEagle CreekEagledaleEastsideEdgewoodFairgroundsFall CreekFar EastsideFountain SquareGalludetGarden CityGarfield ParkGeistHill ValleyIrvingtonKey MeadowsLinden WoodMapleton-Fall CreekMars HillMartindale-BrightwoodMeadowsMeridian KesslerMillersvilleNear EastsideNear NorthsideNear NW-RiversideNear SoutheastNear SouthsideNear WestsideNora-Far NorthsideNorth High SchoolPark 100Snacks-Guion CreekSouth EmersonSouth FranklinSouth PerrySouthdaleSoutheast WarrenSt Vincent-GreenbriarUniversity HeightsWest IndianapolisNeighborhoods in Indianapolis
Drill deeper

Places similar to Valley Mills

Arlington
Pop 9,783
Escalante
Pop 9,851
Castle
Pop 9,711
Stonestown
Pop 10,027
Places similar to Valley Mills
Head to head

Compare Valley Mills side by side

VALLEY MILLS VS
Arlington
Income$68,076+1%
Home value$453,054+116%
Population9,783+13%
SEE FULL COMPARISON →
VALLEY MILLS VS
Escalante
Income$67,253same
Home value$266,344+27%
Population9,851+14%
SEE FULL COMPARISON →
VALLEY MILLS VS
Castle
Income$65,860−3%
Home value$648,420+209%
Population9,711+12%
SEE FULL COMPARISON →
VALLEY MILLS VS
Stonestown
Income$66,228−2%
Home value$1,455,900+595%
Population10,027+16%
SEE FULL COMPARISON →
Frequently asked

How many people live in Valley Mills, Indianapolis, Indiana?

Valley Mills, Indianapolis, Indiana has about 8,665 residents according to the 2024 American Community Survey.

What is the median household income in Valley Mills, Indianapolis, Indiana?

The typical household in Valley Mills, Indianapolis, Indiana earns about $67,561 a year. Half of households make more than that, and half make less.

Is Valley Mills, Indianapolis, Indiana expensive?

In Valley Mills, Indianapolis, Indiana, the median home is worth about $209,589, and the typical rent is about $1,453 a month.

How educated are people in Valley Mills, Indianapolis, Indiana?

About 21.5% of adults age 25 and over in Valley Mills, Indianapolis, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Valley Mills, Indianapolis, Indiana?

About 18.5% of people in Valley Mills, Indianapolis, Indiana live below the federal poverty line.

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Containing area
Indianapolis

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →