The Indianapolis–Carmel–Greenwood metro has 2.1M residents (per 2024 ACS 5-year Estimates ), a 2024 median household income of $80K, median home value of $266K, median age of 37, and a 39% bachelor's-degree share among adults 25 and older. The analysis below clusters neighborhoods within the metro's urbanized areas, covering 1.4M of those 2.1M residents. The Hamilton County suburbs around Carmel and Fishers north of the city lead on home values, incomes, and education, while the city of Indianapolis and the old auto town of Anderson sit at the bottom.
Median home value
The highest values sit in the northern Hamilton County suburbs. The area west of Carmel — an affluent suburb immediately north of Indianapolis — tops the metro at $669K, with east Carmel at $511K, the area south of Westfield at $478K, west of Fishers at $452K, and the area north of the city at $439K. At the bottom, the lowest values are in Anderson to the northeast and across the city: Anderson at $96K, the north side of the city at $97K, the west side at $106K, the east side at $116K, and another west-side cluster at $121K. The ≥$400K tier traces the northern suburbs; the under-$150K tier covers Anderson and parts of the city.
Median household income
The area west of Carmel tops the metro at $218K, followed by east Carmel at $173K, west of Fishers at $158K, a second area west of Fishers at $132K, and the area south of Westfield at $129K. The lowest incomes are in the city and Anderson: the north side of the city at $40K, the east side also at $40K, Anderson at $42K, a second east-side cluster at $46K, and east Anderson at $46K. The ≥$120K tier follows the northern suburbs; the under-$40K tier sits on the city core and Anderson.
Median age
The oldest neighborhoods are the northern suburbs and the city's southern edge. East Carmel and the area north of the city top the metro at 43, with the south side of the city at 42, and the areas south of Carmel and west Carmel at 41. The youngest neighborhoods sit in the city core: the east side at 30, the west side at 30, an Indianapolis cluster at 30, and two more east-side clusters at 32. Most of the metro sits in the 34–40 range.
Adults with a bachelor's degree
Education peaks in the same northern suburbs that hold the wealth. The area west of Carmel leads at 85%, with east Carmel at 75%, Carmel itself at 68%, the north side of the city at 68%, and the area west of Fishers also at 68%. The lowest shares are in the city and Anderson: the west side of the city and Anderson both at 10%, the north side of the city at 11%, the east side at 12%, and east Anderson at 13%. The ≥70% tier is confined to the Carmel area; the under-20% tier covers much of the city and Anderson.
Where the metrics overlap
The area west of Carmel sits at the top of home value, income, age, and education all at once, leading the metro on every measure, with east Carmel and the Fishers suburbs repeating the pattern. The opposite corner splits between the city and Anderson: the east side of Indianapolis pairs a $116K home value with a $46K income, a 12% bachelor's share, and one of the youngest median ages at 30, while Anderson — a former General Motors auto-parts town that lost most of those jobs as the plants wound down — bottoms the metro on value, income, and education together.
Key Takeaways
- Across the metro, the median home value is $266K, median household income is $80K, median age is 37, and the bachelor's-degree share is 39%.
- The area west of Carmel tops home value at $669K, income at $218K, and education at 85%.
- Anderson holds among the metro's lowest home values at $96K and a 10% bachelor's share.
- The lowest incomes fall to $40K on the north and east sides of the city.
- The oldest neighborhoods reach a median age of 43 in the northern suburbs; the youngest fall to 30 in the city core.