Income & Economy in Indianapolis city (balance), IN (46240)
Median Income
$70,728
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+902
Wealth inflow
Population
19,632
Unemployment
3.8%
0.1pp above US avg
IRS migration statistics show a net inflow of about 902 for ZIP 46240 (Indianapolis city (balance), IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 46240 (2020–Present)
Since 2020, population declined 3.2%, median income rose 5.9% (inflation-adjusted), home values increased 17.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,728 |
| Unemployment | 3.8% |
| Establishments | 1,634 |
| Employees | 40,091 |