Population Forecast
5 year Forecast - 2.8%
The current population of the Indianapolis, IN Market is 3,240,750 as of the April 2025 PopStats estimate. PopStat’s Trend models indicate a 5 year population change of 2.8%, resulting in a Population of 3,330,684 by April 2030. This percentage change in Population ranks 77th across STI Markets. The Indianapolis, IN Market currently ranks 27th in overall population, and will rank 27th by April 2030.
High and Low Range - -1.3% to 11.4%
While the summation of mid range 5 year forecasts foresee a change in Population of 2.8% for Indianapolis, IN Market. The forecast high ranges of these forecasts leaves open the possibility for a Population change as high as 11.4% at 3,611,046. Similarly a population change as low as -1.3% at 3,200,217 is not without possibility.

Figure 73: Population Trend and Forecast
10 year Projections - 5.9%
By April 2035 we project the Population of the Indianapolis, IN Market to be 3,431,650 resulting in a change of 5.9% compared to the current Population. This projected percentage change in Population ranks 77th across STI Markets. The Indianapolis, IN Market currently ranks 27th in overall population, and will rank 30th by April 2035.