Income & Economy in Indianapolis city (balance), IN (46229)
Median Income
$62,982
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,300
Wealth inflow
Population
28,284
Unemployment
6.6%
2.9pp above US avg
IRS migration statistics show a net inflow of about 1,300 for ZIP 46229 (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 46229 (2020–Present)
Since 2020, population declined 2.3%, median income fell 3.4% (inflation-adjusted), home values increased 14.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $62,982 |
| Unemployment | 6.6% |
| Establishments | 476 |
| Employees | 6,478 |