Wealthiest Suburbs Indianapolis

11 Wealthiest Suburbs of Indianapolis 2024

Are you wondering where the richest suburbs of Indianapolis are located? They are mostly north of the city. These suburbs are not only wealthy but also close to downtown. Here are the wealthiest suburbs of Indianapolis.

Indianapolis, Indiana

The rankings on this list are based on both income and home prices.

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Richest Suburbs of Indianapolis

Crows Nest, IN

Crows Nest is the wealthiest suburb of Indianapolis. Crows Nest, located a mere 10 miles from the heart of Indianapolis, is one of the most affluent neighborhoods of Indianapolis.

Suburban Home

Located in Marion County, Crows Nest represents exclusivity with a median home value of $3,275,000 and residents earning a mean income of $549,419. 

Crows Nest is a very small town (neighborhood) with a population of 67. The residents of Crows Nest are highly educated with 96.4% of residents holding a Bachelor’s Degree or higher.

Its proximity to Indianapolis provides residents with the luxury of suburban living while just a short drive away from the bustling downtown Indianapolis.

Crows Nest
Median Home Value$3,275,000
Mean Income$549,419
Distance to Indianapolis10 miles
Bachelor’s Degree96.40%

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North Crows Nest, IN

North Crows Nest is the second richest suburb of Indianapolis. With homes valued at a median of $1,317,500 and a mean income of $378,021, it’s a very wealthy Indianapolis neighborhood. 

Suburban Home

Just 10 miles away from Indianapolis, North Crows Nest is a smaller neighbor to Crows Nest with only 44 residents. 

North Crows Nest
Median Home Value$1,317,500
Mean Income$378,021
Distance to Indianapolis10 miles
Bachelor’s Degree91.8%

Williams Creek, IN

Williams Creek is one of the wealthiest suburbs of Indianapolis. Just 10 miles from downtown Indianapolis, Williams Creek has median home prices of $1,119,980.

Suburban Home

Located in Marion County, Williams Creek is an upscale suburb of Indianapolis home to 430 wealthy residents earning a mean income of $276,472. 

It’s a family-friendly town with 27.9% of the population of William Creek children under 18 years old.

Williams Creek
Median Home Value$1,119,980
Mean Income$276,472
Distance to Indianapolis10 miles
Bachelor’s Degree77.1%

Meridian Hills, IN

Meridian Hills, a mere 9 miles from Indianapolis, is one of the richest suburbs of Indianapolis. The median home value stands at $844,182, and the mean income is $278,878. 

Suburban Home

Meridian Hills is a small town of 1774 wealthy residents.

It’s a wealthy Indianapolis suburb with tree-lined streets, beautiful parks and home to the exclusive country club, Meridian Hills Country Club.

Meridian Hills is also home to one of the best private schools in Indiana, Park Tudor School.

Meridian Hills
Median Home Value$844,182
Mean Income$278,878
Distance to Indianapolis9 miles
Bachelor’s Degree79.4%

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Zionsville, IN

Zionsville is one of the most affluent suburbs of Indiana with a median home value of $601,673 and a mean income of $189,834. 

Suburban Home

Located just 18 miles from Indianapolis in Boone County, Zionsville is known for its charming downtown and brick-paved Main Street. 

Zionsville is a sought-after suburb of Indianapolis.

One of the main draws of Zionsville is its top-rated schools. According to Niche.com, it ranks Zionsville School as the #2 best public school in Indiana.

Zionsville
Median Home Value$601,673
Mean Income$189,834
Distance to Indianapolis18 miles
Bachelor’s Degree69.2%

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Ulen, IN

Ulen is one of the richest suburbs of Indianapolis. Located just 30 miles north of Indianapolis, it is an affluent town with a median home price of $530,000 and a mean income of $172,240. 

Suburban Home

Ulen is a very small town with a population of 114 people (it’s really a neighborhood but designated as a town).

Ulen is a family-friendly town with nearly 32% of its population under 18 years old. 

It’s a town where luxury meets leisure, just a stone’s throw away from the prestigious Ulen Country Club, a century-old golf club. 

Ulen
Median Home Value$530,000
Mean Income$172,240
Distance to Indianapolis30 miles
Bachelor’s Degree53.5%

Check out our list of the Best Suburbs in Indianapolis for Families

Carmel, IN

Carmel is an affluent suburb of Indianapolis, located just 23 miles north, Carmel has median home prices of $470,809 and a mean income of $157,122. 

Suburban Home

Only 20 miles north of Indianapolis, Carmel is one of the places to live near Indianapolis. 

Carmel stands out for its top-rated schools. In fact, Carmel’s schools are one of the best in the state, with Niche.com ranking Carmel Schools as the #1 best public school in Indiana.

Aside from great schools and close proximity to Indianapolis, Carmel is also known for its art districts, upscale shopping centers, and scenic walking trails, making it one of the most sought-after suburbs of Indianapolis.

Carmel
Median Home Value$470,809
Mean Income$157,122
Distance to Indianapolis23 miles
Bachelor’s Degree73.7%

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Westfield, IN

Westfield is a rich suburb of Indianapolis. It is an upscale town near Indianapolis, located 29 miles north with a mean income of $145,959.

Suburban Home

Westfield is an affluent town with a median home price of $453,247.

Westfield attracts a lot of families with 28.8% of residents under 18 years old. 

It draws a lot of families because of its top-rated schools. In fact, Niche.com ranks Westfield as the #6 suburb with the best public schools in Indiana.

Aside from the top-rated schools, Westfield is home to Grand Park, a sprawling 400-acre sports complex and a charming downtown with shops and restaurants. 

Westfield residents don’t have to travel far for food and entertainment!

Westfield
Median Home Value$453,247
Mean Income$145,959
Distance to Indianapolis29 miles
Bachelor’s Degree55.9%

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Bargersville, IN

Bargersville is one of the richest Indianapolis suburbs.

Located in Johnson County, just 18 miles from Indianapolis, Bargersville is an affluent suburb of Indianapolis with a mean income of $151,485 and a median home price of $423,100. 

Suburban Homes

Bargersville attracts a lot of families with 29% of Bargersville residents children 18 years and under. 

A main draw is its top-rated schools; Niche.com ranks Bargersville as the #9 suburb in Indiana for best public schools.

It’s also attractive because Bargersville has a lot of new construction neighborhoods (move-in ready homes!)

The combination of great schools, new construction developments, close proximity to Indianapolis and relatively affordable home prices makes Bargersville one of the best suburbs of Indianapolis.

Bargersville
Mean Income$151,485
Median Home Price$423,100
Distance to Indianapolis18 miles
Bachelor’s Degree46.3%

Fishers, IN

Fishers is an upscale suburb of Indianapolis. Located just 21 miles from Indianapolis, Fishers is one of the best suburbs of Indianapolis with a mean income of $145,914 and a median home price of $397,588.

Suburban Homes

Fishers is an affluent suburb of Indianapolis with a lot of families, 28.2% of residents are 18 years old and under. 

A main draw is the top-rated schools. According to Niche.com, Fishers is ranked the #5 suburb with the best public schools in Indiana.

With great schools and close proximity to Indianapolis, Fishers is one of the best Indianapolis suburbs for families.  

Fishers
Mean Income$145,914
Median Home Price$397,588
Distance to Indianapolis21 miles
Bachelor’s Degree71.8%

McCordsville, IN

McCordsville is another affluent suburb of Indianapolis. Located just 20 miles north of Indianapolis in Hancock County, it offers the perfect blend of suburban tranquility and urban convenience. 

Suburban Home

Residents of McCordsville earn a mean income of $117,556 and a median home value of $386,689.

With 25.5% of McCordsville residents children 18 years and younger, it’s a great Indianapolis suburb for families.

McCordsville has a lot of family events such as a town Easter Egg Hunt and Halloween’s Trunk-or-Treat. 

Staying active is also easy at McCordsville with a membership at the state-of-the-art Hancock Wellness Center. Plus, with over two miles of paved pathways, residents find ample opportunities to stay active.

McCordsville
Mean Income$117,556
Median Home Price$386,689
Distance from Indianapolis20 miles
Bachelor’s Degree53.1%

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