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Indianapolis city (balance): Median Household Income Trend

How Indianapolis city (balance)'s median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$44,709
2023
$62,995
Total change
+$18,286
% change
+40.9%
Year Median Household Income Change
2017 $44,709
2019 $47,873 +$3,164 (7.1%)
2020 $50,813 +$2,940 (6.1%)
2021 $54,321 +$3,508 (6.9%)
2022 $59,110 +$4,789 (8.8%)
2023 $62,995 +$3,885 (6.6%)

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