Average Income in Indianapolis, IN
About Indianapolis, Indiana
Indianapolis is the economic center of Indiana, with an economy built on healthcare — the city is home to Eli Lilly's global headquarters — logistics, motorsports, and a growing tech sector. The city's central location makes it a natural distribution hub, and lower cost of living attracts businesses fleeing higher-cost states. Indiana's flat state income tax keeps the effective tax burden moderate. Neighborhoods like Carmel, Fishers, and Zionsville in the northern suburbs are among Indiana's most affluent, while the east and south sides of the city face economic challenges. The IRS data across its 30 ZIP codes captures a Midwestern city with an improving economic trajectory.
All 12 ZIP Codes in Indianapolis, IN
| ZIP Code | Avg AGI ▼ | Returns | National Rank | % Under $25K | % Over $200K |
|---|---|---|---|---|---|
| 46204 | $128,975 | 4,810 | #2,467 | 19.5% | 8.5% |
| 46220 | $117,971 | 19,470 | #3,053 | 20.0% | 12.2% |
| 46202 | $102,326 | 9,830 | #4,393 | 26.8% | 10.6% |
| 46205 | $79,441 | 13,770 | #8,987 | 28.8% | 7.2% |
| 46208 | $74,529 | 9,500 | #10,837 | 36.7% | 6.8% |
| 46203 | $54,981 | 17,570 | #21,709 | 33.4% | 2.6% |
| 46219 | $52,525 | 17,150 | #23,061 | 32.8% | 1.6% |
| 46221 | $49,221 | 12,820 | #24,570 | 31.7% | 0.9% |
| 46225 | $47,871 | 2,920 | #25,051 | 34.9% | 2.1% |
| 46201 | $46,866 | 13,990 | #25,372 | 37.3% | 1.6% |
| 46222 | $36,490 | 15,370 | #27,172 | 44.6% | 0.4% |
| 46218 | $31,585 | 13,050 | #27,485 | 49.3% | 0.2% |
Nearby Major Cities
Closest cities with 50,000+ tax returns filed, sorted by distance from Indianapolis.
| City | State | Avg AGI | Returns | ZIPs | Distance |
|---|---|---|---|---|---|
| Southport | IN | $62,130 | 64,650 | 3 | 6 mi |
| Cincinnati | OH | $84,663 | 126,940 | 20 | 97 mi |
| Fort Wayne | IN | $75,631 | 160,250 | 16 | 103 mi |
| Dayton | OH | $60,444 | 87,270 | 13 | 104 mi |
| Louisville | KY | $73,230 | 131,160 | 15 | 110 mi |
| South Bend | IN | $64,604 | 68,420 | 10 | 131 mi |
| Evansville | IN | $61,857 | 77,320 | 8 | 145 mi |
| Lexington | KY | $86,968 | 143,860 | 14 | 150 mi |
| Chicago | IL | $100,730 | 1,041,890 | 46 | 162 mi |
| Columbus | OH | $65,553 | 255,800 | 22 | 169 mi |