The average annual household income in Indianapolis is $71,733, while the median household income sits at $50,813 per year. Residents aged 25 to 44 earn $52,757, while those between 45 and 64 years old have a median wage of $58,978. In contrast, people younger than 25 and those older than 65 earn less, at $31,011 and $41,586, respectively.