Indianapolis
Indianapolis is home to the State Capitol and is the most populous city in Indiana. Indianapolis is home to the Indianapolis 500 and several professional sports teams and is considered a principal city in the Indianapolis-Carmel-Greenwood Metropolitan Statistical Area in central Indiana.* As of 2024, the city had a population of 891,484.
* MSAs are defined by the U.S. Office of Management and Budget.Quick Stats
Click on any quick stat to view details and a comparison table.
The Indianapolis Futurecast Event
Save the date!
Wednesday, Oct. 29, 2025
Breakfast served at 8:00 am.
Indianapolis Artsgarden
110 W Washington St,
Indianapolis, IN 46204
Registration details coming soon
Potential Speakers at the Indianapolis Futurecast Event
Wednesday, Oct 29, 2025
Join us to discuss how the changing economic environment will affect the local region, Indiana and the nation in the coming year.
This event is co-hosted by the Kelley School of Business Alumni Association, the IBRC and the Kelley School of Business.
What did we say last year about the Indianapolis region?
Published December 2024
The real GDP growth forecast for metropolitan Indianapolis is 2.3% in 2024 and 3.1% in 2025. Real economic activity in the Indianapolis region is expected to grow slightly faster than the nation and the state.
Average hourly earnings for all private sector employees in the Indianapolis metropolitan area increased 4.1% between September 2023 and September 2024. The $31.68 earned by the average worker in metropolitan Indianapolis fell 10.7% short of the $35.46 earned by the average worker nationwide in September.
Unemployment is expected to average 4.2% nationally, 3.8% in the state and 3.5% in the Indianapolis metropolitan area during 2025. Wage growth is expected to average 3.7% nationally and 3.9% in both the state and Indianapolis region.
Read the full Indianapolis article »
Each year in December, the Indiana Business Research Center publishes a special Outlook edition of the Indiana Business Review.
Published continuously since 1926, the Indiana Business Review is a quarterly publication that provides analysis and insight on economic and demographic issues.