NEIGHBORHOOD
Valley Mills
Indiana · Indianapolis · 8,665 residents · 5.48 sq mi
The short version
Valley Mills is home to 8,665 people in Indianapolis. This skews young, with a median age of 31.6. Four-year degrees are less common here than nationally, at 21% of adults. The typical home is worth $209,589. The foreign-born share is 5%. Density works out to 1,581 people per square mile. 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
Land area
5.48 sq mi
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%
Professional, scientific, technical18.6%
Wholesale trade11.8%
Information9.8%
Retail trade6.9%
Other services3.6%
Transportation & warehousing3.4%
Public administration3.1%
Arts, entertainment, food1%
Education & health services0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
2.51 people
US average: 2.54
Owner cost-burdened
16.5%
US average: 22.9%
Renter cost-burdened
61.9%
US average: 47.4%
Afford Score
3.1
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-Hispanic70.5%(6,106)
Black16.7%(1,448)
Hispanic / Latino5.6%(481)
Asian0.4%(31)
Other6.9%(599)
2024
White, non-Hispanic70.5%(6,106)
Black16.7%(1,448)
Hispanic / Latino5.6%(481)
Asian0.4%(31)
Other6.9%(599)
Diversity Score
58
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
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
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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 MillsHead 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
IndianapolisDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024