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Indianapolis, Indiana Mortgage and Housing Information
Population: 781,870
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Indianapolis
Income
| U.S. | Indiana | Indianapolis | |
|---|---|---|---|
| Median Earnings | $27,239 | $26,383 | $27,257 |
| Median Earnings, Males | $32,396 | $32,415 | $31,543 |
| Median Earnings, Females | $22,097 | $20,782 | $23,272 |
Males earn $8,271 (35.5%) more than Females in Indianapolis.
Commuting in Indianapolis
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 308,175 |
| Carpooled | 47,474 |
| Public Transit | 9,260 |
| Bicycle | 805 |
| Walking | 7,705 |
| Other Means | 2,122 |
| Total, Commuted | 375,541 |
| Worked from home | 9,667 |
| Total | 385,208 |
Time Spent Commuting in Indianapolis
Time spent commuting in Indianapolis
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 8,752 |
| 5-9 | 33,720 |
| 10-14 | 54,492 |
| 15-19 | 70,720 |
| 20-24 | 76,482 |
| 25-29 | 31,599 |
| 30-34 | 55,310 |
| 35-39 | 7,507 |
| 40-44 | 7,965 |
| 45-59 | 14,083 |
| 60-89 | 8,600 |
| Over 90 | 6,311 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 42,286 | 17.4% | 54,402 | 22.4% |
| Associate Degree | 15,821 | 6.5% | 16,467 | 6.8% |
| Bachelor's Degree | 41,356 | 17.0% | 41,431 | 17.0% |
| Master's Degree | 16,288 | 6.7% | 17,816 | 7.3% |
| Professional Degree | 6,673 | 2.7% | 4,619 | 1.9% |
| Doctorate Degree | 3,258 | 1.3% | 2,182 | 0.9% |
| Total (at least some college) | 125,682 | 51.7% | 136,917 | 51.0% |
| Total over 25 | 243,306 | 100% | 268,603 | 100% |
Housing in Indianapolis
Value of Houses and Condos
| U.S. | Indiana | Indianapolis | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $120,700 | $122,800 |
Monthly Owner Costs
| U.S. | Indiana | Indianapolis | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,089 | $1,123 |
| Without a mortgage | $399 | $349 | $378 |
Tenancy in Indianapolis
| Owner-occupied homes | 190,752 |
|---|---|
| Renter-occupied homes | 130,605 |
| Homes for sale | 9,674 |
| Homes for rent | 20,579 |
| Total | 379,176 |
Ownership of Houses and Condos
Types of mortgages for owner-occupied Houses and Condos in Indianapolis (2006)
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 42,598 | 22.3% |
| First Mortgage Only | 108,625 | 56.9% |
| Second Mortgage and/or Home Equity Loan | 39,529 | 20.7% |
| Total | 190,752 | 100% |
Age of Indianapolis Residents
| Males | Females |
|---|---|
| 32 | 34 |
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