Groundwork

Food and drink · Metro area · Indiana

Pizza places in the Indianapolis-Carmel-Greenwood, IN metro area

The pizza places in the Indianapolis-Carmel-Greenwood, IN metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 49 out of 100: Lower middle

Ranked #206 of 387 scored metro areas
#2 of 12 scored metro areas based in Indiana

Listings
834
573 chain locations (69%)
Official establishments
1,779
All limited-service restaurants · +13.0% since 2019
Household spending a year
$3.5B
On food away from home · $4,111 a household
Spending per listing
$4.2M
18% below the U.S.
Listings per 10k households
9.9
24% above the U.S.
Population, 2025
2,205,695
+5.4% since 2020

See the pizza places around any address in the Indianapolis-Carmel-Greenwood metro area

The site report maps the pizza places on map listings near the address, by name and distance, and sizes the households and spending around it. 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

At $4,111 per household (in line with the U.S. average), households in the Indianapolis-Carmel-Greenwood metro area spend about $3.5B a year on food away from home. Spread across 834 pizza places, that is $4.2M per pizza place, 18% below the U.S. figure of $5.1M. The spending figure covers all food away from home, not only pizza places.

There are 834 pizza places on map listings in the Indianapolis-Carmel-Greenwood metro area as of September 2026. Of those, 573 are chain locations, or 69%, against 58% across the U.S. That comes to 9.9 for every 10,000 households, 24% above the U.S. rate of 8.0.

In 2023, official counts showed 1,779 businesses with payroll in the Indianapolis-Carmel-Greenwood metro area classed as limited-service restaurants, up 13.0% from 2019. That is one for every 474 households, against one for every 478 across the U.S. That count covers all limited-service restaurants (fast food and sandwich shops included), not only pizza places. Official counts also show 356 one-person businesses without payroll. Since fiscal 2022, 79 SBA-backed loans worth $28.2M have gone to businesses classed as limited-service restaurants in the Indianapolis-Carmel-Greenwood metro area.

Between 2020 and 2025, the population of the Indianapolis-Carmel-Greenwood metro area grew 5.4%, faster than the U.S. (+3.1%). The Indianapolis-Carmel-Greenwood metro area scores 49 (lower middle) on the Groundwork market score for pizza places, ranking #206 of 387 scored metro areas and #2 of 12 scored metro areas based in Indiana.

How the Indianapolis-Carmel-Greenwood metro area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all food away from home by the pizza places counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Pizza in Indianapolis-Carmel-Greenwood, IN metro area compared with Indiana and the U.S.
MeasureIndianapolis-Carmel-Greenwood metro areaIndianaU.S.
Listings per 10k households9.910.68.0
Spending per listing$4.2M$3.6M$5.1M
Households per official establishment (all limited-service restaurants)474503478
Official establishment growth, 2019–2023+13.0%+9.1%+6.1%
Population growth, 2020–2025+5.4%+2.7%+3.1%
Spending per household on food away from home$4,111$3,802$4,070
Median household income$79,852$71,957$80,734
Groundwork market score4930

Official counts and lending

Businesses

Official establishments, 2019 to 2023
1,779All limited-service restaurants · +13.0% over the period
Employees, 2023
36,961
Annual payroll, 2023
$699.8M
One-person businesses, 2023
356All limited-service restaurants with no payroll
Map listings, September 2026
834573 chain locations
Listings at the U.S. rate for this spending
682The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
79
Amount
$28.2M

SBA-backed loans to businesses classed as limited-service restaurants in the Indianapolis-Carmel-Greenwood metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3. These official figures cover all limited-service restaurants, not only pizza places.

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 pizza places on map listings by name and distance.

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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The highest-scoring metro areas in Indiana for pizza places, numbered among those based in Indiana (a market based in another state is listed without a number), with the Indianapolis-Carmel-Greenwood metro area marked.

Top metro areas in Indiana

Metro areas in Indiana ranked for pizza places by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
Cincinnati, OH-KY-IN547258.0$5.1M+2.7%#160 of 387
Chicago-Naperville-Elgin, IL-IN522,9038.0$5.5M0.0%#174 of 387
1Fort Wayne, IN501518.3$4.5M+3.9%#196 of 387
Louisville/Jefferson County, KY-IN504718.4$4.5M+2.9%#197 of 387
2Indianapolis-Carmel-Greenwood, IN498349.9$4.2M+5.4%#206 of 387
3Columbus, IN443510.5$3.8M+4.3%#244 of 387
4South Bend-Mishawaka, IN-MI431068.3$4.5M+0.1%#250 of 387
5Michigan City-La Porte, IN37429.6$3.8M−0.9%#293 of 387
6Bloomington, IN356810.0$3.6M+2.0%#306 of 387
7Lafayette-West Lafayette, IN309210.1$3.5M+2.1%#337 of 387

Other business types in the Indianapolis-Carmel-Greenwood metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many pizza places are in the Indianapolis-Carmel-Greenwood, IN metro area?

As of September 2026, map listings count 834 pizza places in the Indianapolis-Carmel-Greenwood metro area. 573 of them (69%) are chain locations. The listings count pizza restaurants. Official counts show 1,779 businesses with payroll classed as limited-service restaurants in 2023, up 13.0% from 2019. The official count takes in all limited-service restaurants, not only pizza places: fast food and sandwich shops are counted too. Another 356 one-person businesses have no payroll, by official counts.

How much do households in the Indianapolis-Carmel-Greenwood, IN metro area spend on food away from home?

About $3.5B a year, or $4,111 per household. That is in line with the U.S. average (an index of 101, where 100 is the U.S. average). Spread across the 834 pizza places on map listings, it comes to $4.2M per pizza place. That spending covers all food away from home, which pizza places share with other businesses in the trade. It is estimated from the incomes of the 842,765 households in the Indianapolis-Carmel-Greenwood metro area and national spending patterns by income.

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

The Indianapolis-Carmel-Greenwood metro area has 9.9 pizza places per 10,000 households, 24% above the U.S. rate of 8.0. Spending per pizza place is $4.2M, 18% below the U.S. figure of $5.1M. At the U.S. ratio of pizza places to household spending, the Indianapolis-Carmel-Greenwood metro area would have about 682, against 834 on map listings. There is one business with payroll in the industry for every 474 households, against one for every 478 across the U.S. The official count rose 13.0% from 2019 to 2023, against +6.1% for the U.S.

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. Median household income in the Indianapolis-Carmel-Greenwood metro area is $79,852, in line with the U.S. median of $80,734.

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. The Indianapolis-Carmel-Greenwood metro area scores 49 for pizza places (lower middle), #206 of 387 scored 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 pizza places 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.

How the score works · Top markets for pizza places · All 56 business types in the Indianapolis-Carmel-Greenwood metro area

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.