Groundwork

Metro area profile · Indiana

Indianapolis-Carmel-Greenwood, IN metro area market data

How the Indianapolis-Carmel-Greenwood metro area compares with other metro areas for 56 business types: competitors, household spending, official counts and growth.

Population, 2025
2,205,695
+5.4% since 2020
Households
842,765
Median household income
$79,852
Median home value
$265,900
Jobs located here
1,145,198
Highest market score
86
Convenience stores, #4 of 387 scored metro areas

A site report maps the competitors on map listings around any address in the Indianapolis-Carmel-Greenwood metro area by name and distance, and the households and spending within reach. Or open the report at the center of the Indianapolis-Carmel-Greenwood metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Indianapolis-Carmel-Greenwood metro area has an estimated 2,205,695 people and 842,765 households. Between 2020 and 2025, the population of the Indianapolis-Carmel-Greenwood metro area grew 5.4%, faster than the U.S. (+3.1%). Median household income in the Indianapolis-Carmel-Greenwood metro area is $79,852, in line with the U.S. median of $80,734.

Relative to the U.S., household spending in the Indianapolis-Carmel-Greenwood metro area runs highest on medical and dental services (an index of 115, where 100 is the U.S. average) and lowest on child care and other personal services (79).

Of the business types scored in the Indianapolis-Carmel-Greenwood metro area, convenience stores (86), grocery and convenience stores (85) and chiropractors (79) have the highest Groundwork market scores. For convenience stores, that ranks #4 of 387 scored metro areas.

The Indianapolis-Carmel-Greenwood metro area takes in 11 counties: Marion County, Hamilton County, Hendricks County, Johnson County and 7 more. Against the U.S., map listings per household run highest for roofing and gutter companies (44% above the U.S. rate) and lowest for convenience stores (45% below the U.S. rate).

All 56 business types in the Indianapolis-Carmel-Greenwood metro area

Highest Groundwork market score first. Each score compares the Indianapolis-Carmel-Greenwood metro area with other metro areas for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Indianapolis-Carmel-Greenwood, IN metro area, highest Groundwork market score first, with its rank among metro areas, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among metro areasListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
Convenience stores86#4 of 3873724.4$14.1M17973
Grocery and convenience stores85#8 of 3871,01512.0$5.2M153354
Chiropractors79#9 of 3863514.2$3.6M149205
Auto repair and car care79#16 of 3872,82733.5$318K1191,083
Coffee shops and cafes77#20 of 3877038.3$4.9M133414
Auto repair shops77#24 of 3871,66719.8$540K121752
Grocery stores77#26 of 3874185.0$12.5M135281
Laundromats77#27 of 364841.0$20.9M16749
Urgent care and walk-in clinics76#13 of 197360.4$34.8M14265
Car washes and detailing74#28 of 3873023.6$3M118120
Physical therapy74#35 of 3863804.5$3.3M137319
Collision repair and body shops74#35 of 3812132.5$4.2M137198
Bakeries and dessert shops73#25 of 3876878.2$5M122457
Clothing and shoe stores73#47 of 3871,15913.8$1.5M119555
Electricians72#37 of 3831842.2$13.1M109419
Clothing, shoes and laundry72#48 of 3871,63019.3$1.1M122690
Martial arts and dance studios71#30 of 3873113.7$2.7M134223
Nail salons71#36 of 3874915.8$1.8M10772
Doctors, dentists and clinics69#61 of 3877,42088.0$169K1112,804
Restaurants and cafes69#68 of 3878,23397.7$421K1133,842
Tire shops69#76 of 3863193.8$2.8M113117
Home inspectors68#34 of 243360.4Index only13040
Gyms, studios and classes68#46 of 3871,07912.8$778K118510
Pet businesses66#78 of 38786410.3$877K100452
Pet stores65#86 of 3821531.8$5M10965
Primary care and pediatrics65#89 of 3876758.0$1.9M1041,194
Gyms64#70 of 3875967.1$1.4M108287
Barbershops63#92 of 3874435.3$2M10547
Dentists and orthodontists63#104 of 3871,12413.3$1.1M113824
Salons, barbers and spas62#70 of 3873,92046.5$224K105845
Sit-down restaurants62#103 of 3874,64355.1$746K1121,613
Veterinarians62#105 of 3842913.5$2.6M96214
Yoga, Pilates and fitness studios61#75 of 3471722.0$4.9M120287
Optometrists and eye care61#100 of 3863614.3$3.5M111197
Pet grooming and boarding61#114 of 3863183.8$2.4M94173
Spas and skin care60#96 of 38790210.7$973K111198
Hair salons60#104 of 3871,98923.6$441K103508
Pest control59#115 of 3451071.3$10.2M10084
Oil change and quick lube58#108 of 290770.9$11.7M8572
HVAC and plumbing58#131 of 3876067.2$4M84598
Fast food and sandwich shops58#152 of 3871,21914.5$2.8M931,779
Home repair trades56#148 of 3871,23014.6$2M811,200
Dry cleaners52#142 of 2721161.4$15.1M9786
Gas stations52#183 of 38798311.7$2.3M96702
Pizza49#206 of 3878349.9$4.2M821,779
House cleaning48#205 of 3751852.2$5.9M92515
Property management48#207 of 3742543.0Index only87406
Lawn, cleaning and pest control47#198 of 3877969.4$1.4M821,397
Landscaping and lawn care47#206 of 3855046.0$2.2M74798
Funeral homes44#216 of 3771742.1$588K87103
Mortgage brokers and lenders44#231 of 3733454.1Index only91167
Roofing and gutters44#243 of 3814405.2$5.5M65183
Real estate41#273 of 3873,06036.3Index only932,123
Child care and preschools40#270 of 3875816.9$665K66520
Real estate agents and brokers40#282 of 3872,42528.8Index only931,308
Insurance agencies29#317 of 3871,49817.8$903K72994

Household spending in the Indianapolis-Carmel-Greenwood metro area

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Indianapolis-Carmel-Greenwood, IN metro area by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$900.2M$1,068112
Gasoline and other fuels$2.2B$2,658102
Food away from home$3.5B$4,111101
Groceries$5.2B$6,22498
Personal care products and services$878.1M$1,042104
Child care and other personal services$386.3M$45879
Memberships, classes and admissions$839.8M$997101
Medical and dental services$1.3B$1,486115
Pets$757.4M$89999
Clothing, shoes and related services$1.8B$2,083101
Vehicle insurance$1.4B$1,60682
Home repairs, maintenance and insurance$2.4B$2,86495
Lawn care, cleaning and other household services$1.1B$1,29592
Rent and homeowner costs$12.3B$14,61688

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in the Indianapolis-Carmel-Greenwood metro area

Population, 2025 estimate
2,205,695+5.4% since 2020
Households
842,765
Median age
38.2
Homes lived in by their owners
67%
Vehicles per household
1.8
Land area
4,086 sq. mi.
People per square mile
521
Median household income
$79,852
Average household income
$109,117
Median home value
$265,900
Jobs located here
1,145,198
Daytime population
2,228,376Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Indianapolis-Carmel-Greenwood metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of the Indianapolis-Carmel-Greenwood metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Questions

How fast is the Indianapolis-Carmel-Greenwood, IN metro area growing?

Population estimates put the Indianapolis-Carmel-Greenwood metro area at 2,205,695 people in 2025, up 5.4% since 2020, faster than the U.S. (+3.1%). It has 842,765 households.

How much do households in the Indianapolis-Carmel-Greenwood, IN metro area spend?

Households in the Indianapolis-Carmel-Greenwood metro area spend about $12.3B a year on rent and homeowner costs, $5.2B on groceries and $3.5B on food away from home. Set against the U.S., households in the Indianapolis-Carmel-Greenwood metro area spend the most on medical and dental services (an index of 115, where 100 is the U.S. average) and the least on child care and other personal services (79).

Which business types have the highest market scores in the Indianapolis-Carmel-Greenwood, IN metro area?

The highest Groundwork market scores in the Indianapolis-Carmel-Greenwood metro area are for convenience stores (86), grocery and convenience stores (85) and chiropractors (79). The Indianapolis-Carmel-Greenwood metro area ranks #4 of 387 scored metro areas for convenience stores.

How does the Indianapolis-Carmel-Greenwood, IN metro area compare with the U.S.?

The median household income in the Indianapolis-Carmel-Greenwood metro area is $79,852 a year, in line with the U.S. median of $80,734. The population rose 5.4% from 2020 to 2025, against +3.1% for the U.S. The median home value is $265,900, against $332,700 for the U.S. For its number of households, the Indianapolis-Carmel-Greenwood metro area has the most map listings, relative to the U.S., for roofing and gutter companies (44% above the U.S. rate) and the fewest for convenience stores (45% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. All 56 business types have a score in the Indianapolis-Carmel-Greenwood metro area, each ranked against other metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Indianapolis-Carmel-Greenwood metro area. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

All markets in Indiana · Every U.S. market · How we measure

Screening a site or an acquisition in the Indianapolis-Carmel-Greenwood metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Indianapolis-Carmel-Greenwood metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.