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Indianapolis, IN 46240 has a population of approximately 18,793 and experiences a population change rate of 4.55%. The population density is 1,914.7 / sq mi .
The median household income for Indianapolis, IN 46240 is $57,885, with 10,050 households and an average household size of 1.94.
The median value of a home in Indianapolis, IN 46240 is $313,600 with an appreciation rate of 17.30%. 39.61% of housing in the state is owned while 47.39% is rented.
The cost of living in Indianapolis, IN 46240 is 102.4 %.
The unemployment rate in Indianapolis, IN 46240 is 2.60%, and recent job growth is at 2.40%. Future job growth is projected at 47.66%.
The sales tax rate in Indianapolis, IN 46240 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Indianapolis, IN 46240 are $14,503, and the school ratio is 17.7:1.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 43.8 inches per year, with 22.3 inches of snow per year.