What Is Indianapolis Known For? [2025]

Known for its friendly atmosphere and welcoming vibe, Indianapolis offers something for everyone. Whether you’re a recent graduate looking for a fun nightlife, a growing family seeking great schools and green spaces, or a professional drawn to the city's job market and affordability, Indianapolis stands out as a place where newcomers can settle in and feel at home. With a cost of living lower than many major cities and a strong sense of community, Indianapolis isn’t just a great place to visit—it’s a great place to build your future.

What Is Indianapolis Best Known For?

1. The Indianapolis Motor Speedway

Indianapolis is synonymous with speed, thanks to the world-famous Indianapolis 500. Held annually at the legendary Indianapolis Motor Speedway, this iconic race draws fans from around the world. The city is often called The Greatest Spectacle in Racing, and the Indy 500 is a cornerstone of the city’s identity.

If you've only seen the race on TV, nothing prepares you for the sheer scale of the Indianapolis Motor Speedway in person. The track is so massive that it has its own tram system, helping fans navigate the sprawling venue. And then there's the sound—deafening, powerful, and completely addicting. Whether you're a die-hard racing fan or just curious about the experience, attending the Indy 500 is a bucket-list event that captures the energy and excitement of Indianapolis. Regulars have their own race day rituals, from tailgating traditions to where they sit in the stands, adding to the sense of community that makes this event special.

2. The Crossroads of America

Indianapolis earned its nickname, Crossroads of America, for its strategic location and intricate network of highways. The moniker dates back to the early days of cross-country travel, when Terre Haute, Indiana, benefited from its position along the old National Road, later designated as U.S. Highway 40 in 1926.

The moniker was officially adopted as its slogan in 1988, reflecting its central location at the junction of four major interstates: I-65, I-69, I-70, and I-74. This prime positioning has fueled the city's economic growth, making it a key player in logistics, distribution, and trade.

According to the Indiana Department of Transportation, approximately 81 billion vehicle miles were logged on Hoosier roads in 2015 alone, with both commercial and local traffic contributing significantly. The trucking industry, in particular, is vital not just to Indiana’s economy but to the entire U.S., as nearly every sector relies on trucks to deliver goods.

3. Monument Circle

The heart of downtown Indianapolis is Monument Circle, a striking roundabout anchored by the Soldiers and Sailors Monument. This iconic landmark stands as a tribute to Indiana’s veterans and serves as a central gathering place for locals and visitors alike. During the day you can climb—or take the elevator—to the top for breathtaking panoramic views of the city skyline. At night, it’s lit up with colorful lights and accompanied by music.

Throughout the year, young professionals, families, and couples of all ages gather here to take in the sights, meet up with friends, or simply enjoy the atmosphere. The Circle also hosts seasonal events, from holiday light displays to summer concerts, adding to its charm.

4. Indianapolis Cultural Trail and Green Spaces

Indianapolis is a city that values outdoor living, and there's no better way to experience it than on the Indianapolis Cultural Trail. This well-marked, wide, and easy-to-follow urban pathway connects neighborhoods, cultural districts, and green spaces, making it a safe and convenient way to explore the city by foot, bike, or even motorized scooter. Designed with decorative brick and block, it features bike racks, bikeshare stations, and connections to other trails like the Monon, allowing for extended adventures through the city.

One of the most unique sections of the trail is the Glick Peace Walk, an installation featuring 14 luminaries, including Albert Einstein, Abraham Lincoln and Thomas Edison, who contributed to peace and progress. Unlike traditional plaques, this interactive experience includes holographic images and signs that share the stories of these influential figures.

5. Indianapolis Sports Teams

Home to 11 professional sports teams and three collegiate programs, Indianapolis is a premier sports destination, hosting more NCAA Final Fours than any city in the modern era. The city’s passion for sports comes to life at Lucas Oil Stadium, home of the Indianapolis Colts (NFL), and Gainbridge Fieldhouse, where the Indiana Pacers (NBA) and Indiana Fever (WNBA) play to sold out crowds. Indy is also home to the legendary Indy 500, as well as the Indianapolis Indians (Triple-A baseball), Indy Eleven (USL soccer), and Indy Fuel (ECHL hockey). Simply put, Indy is a sports lover’s paradise, where world-class teams and venues fuel an unmatched sports culture year-round.

6. Museums in Indianapolis

Indianapolis boasts an impressive selection of museums that cater to all ages and interests. The Children’s Museum of Indianapolis is a family favorite, particularly for its dinosaur exhibit, which captivates young visitors with interactive displays and hands-on learning.

For art lovers, the Indianapolis Museum of Art at Newfields offers a diverse collection featuring European, American, and African art, all housed in a spacious and beautifully designed setting. Visitors can also explore the scenic gardens, making it a well-rounded cultural experience.

History buffs and racing enthusiasts shouldn’t miss the Indianapolis Motor Speedway Museum, a must-visit for race fans. The track tour allows visitors to ride the full circuit, walk on the home stretch, and even kiss the bricks. The museum itself is undergoing renovations but is set to fully reopen in April 2025, making it an exciting destination for upcoming visits.

7. Indianapolis Food Scene

Indianapolis’ farm-to-table movement is redefining its food scene, taking advantage of Indiana’s rich agricultural resources. Local farms provide fresh, high-quality ingredients, allowing chefs to craft seasonal, inventive menus that highlight everything from heirloom produce to ethically raised meats. This focus on locally sourced ingredients has fueled Indy’s rise as a top foodie destination, blending elevated dining with Midwestern hospitality:

• St. Elmo Steak House – A historic institution dating back to 1902, renowned for its legendary steaks, extensive wine list, and speakeasy-style 1933 Lounge.
• Bluebeard – A locally driven bistro set in a charming historic building, offering a rotating menu of farm-inspired, inventive dishes.
• Milktooth – A nationally acclaimed brunch spot, known for its Dutch baby pancakes, house mimosas, and creative, ingredient-focused plates.
• Hoosier Pork Tenderloin Sandwich – A true Indiana classic, featuring a deep-fried, oversized pork cutlet served between a small bun with simple toppings.

8. Indianapolis Events and Festivals

From state fairs and gaming conventions to patriotic parades and community fundraisers, Indianapolis offers a packed calendar of events, ensuring year-round excitement for locals and visitors alike.

The Indiana State Fair, held for nearly three weeks each summer, is a cherished tradition that highlights Indiana’s farming roots. Visitors can meet baby chicks, marvel at record-breaking hogs, and experience the thrill of carnival rides and games. The fair is also a food lover’s paradise, featuring everything from pickle pizza and deep-fried treats to Dairy Bar favorites. Free concerts and live entertainment add to the excitement, making this one of the state’s most anticipated events.

Gaming enthusiasts flock to Gen Con, the largest tabletop gaming convention in North America, which brings thousands of fans to Indianapolis each summer. From role-playing tournaments and new game releases to cosplay and industry panels, the event transforms the city into a gamer’s paradise.

Another local favorite is the Strawberry Festival, an annual fundraiser hosted by Christ Church Cathedral on Monument Circle. This volunteer-run event is dedicated to serving thousands of homemade shortcakes topped with fresh strawberries and ice cream. The festival is incredibly popular, and despite the crowds, it runs smoothly, offering a fun way to support the community while indulging in a delicious summer treat.

9. Colleges in Indianapolis

Indianapolis is home to a diverse range of colleges and universities, including institutions like Indiana University Indianapolis (IU Indy), Marian University, Butler University, University of Indianapolis, DePauw University, and Franklin College. Among these, IU Indy stands out as a leader in research and innovation, with a strong emphasis on healthcare, artificial intelligence, data science, and STEM disciplines.

In 2024, IU Indy doubled enrollment in key tech-focused programs and expanded their research, laboratory space, and its STEM faculty. The IU School of Science also received a leading $11.7 million in research funded by the US Department of Defense, focusing on the development of treatments for hydrocephalus, a condition that affects patients with traumatic brain injuries or strokes. These advancements position IU Indy as a hub for cutting-edge research and innovation, reinforcing Indianapolis as a center for higher education excellence.

Best Neighborhoods in Indianapolis

Indianapolis is a city of vibrant and diverse neighborhoods, each offering a unique experience for residents and visitors alike. Whether you’re drawn to historic charm, urban walkability, or suburban tranquility, there’s a neighborhood to match every lifestyle.

• Broad Ripple – Known for its eclectic energy, this neighborhood is filled with trendy restaurants, art galleries, and a lively nightlife scene.
• Warfleigh – A quieter alternative to Broad Ripple, yet still within walking distance of its many amenities.
• Irvington – An affordable, diverse, and walkable neighborhood with a strong sense of community and historic charm.
• Meridian-Kessler – Home to historic, well-maintained houses, featuring shops, restaurants, and bars within walking distance.
• Fishers – Offers an exceptional quality of life with modern infrastructure, parks, trails, and top-tier dining just 30 minutes from downtown.
• Lockerbie Square – A serene, tree-lined oasis in the heart of downtown, combining historic homes with urban convenience.
• Mass Ave – A go-to destination for boutique shopping, theaters, and an exciting culinary scene.
• Fountain Square – A cultural hub known for its craft cocktails, live music, and vintage shops, with something happening every night of the week.
• Holy Cross, Cottage Home, Woodruff Place, and Windsor Park – Four connected, walkable neighborhoods offering Victorian homes, breweries, bakeries, and green spaces near Mass Ave and downtown.
• Chatham Arch – Boasts exceptional walkability with restaurants, breweries, coffee shops, and entertainment all within reach.
• Bates-Hendricks – A rapidly growing neighborhood with easy access to Fountain Square, breweries, and the Pleasant Run Trail for biking and walking.

Renter Life in Indianapolis

• Median rent for a one-bedroom apartment: $1,044
• Median rent for a two-bedroom apartment: $1,237
• Median home value: $207,000
• Population: 879,293

Indianapolis is known for its affordability compared to other major U.S. cities, offering a range of housing options from downtown apartments to suburban homes. With a median household income of $62,995—lower than the national median of $78,538—the city provides a relatively budget-friendly cost of living. Renting in Indianapolis remains more accessible than in many metropolitan areas, with a median rent of $1,214 across all unit types. A one-bedroom apartment averages $1,044, while a two-bedroom goes for around $1,237. Despite a slight 0.1% dip in rent over the past month, prices have risen by 1.0% year-over-year, reflecting stable demand.

For renters, affordability can be gauged using the 30% rule, which suggests spending no more than 30% of take-home pay on rent. To comfortably afford a typical one-bedroom apartment at $1,051 per month, a renter would need to earn at least $42,040 annually or $3,503 after taxes each month.

Economy and Jobs in Indianapolis

Indianapolis boasts a diverse and steadily growing economy, making it an attractive destination for both young and seasoned professionals in a range of industries, such as finance, insurance, technology, manufacturing, healthcare and logistics.

The city is home to three Fortune 500 companies and six Fortune 1000 companies, including Eli Lilly, Salesforce, Elevance Health, Corteva, and Simon Property Group. Government employment also plays a significant role in the local economy, generating over $10.2 billion in economic activity.

With a low cost of living, Indianapolis remains an ideal city for those looking to build a career while enjoying an affordable lifestyle. The city’s continued investment in business development and infrastructure ensures a promising future for residents and businesses alike.

Indianapolis Population

Indianapolis, the largest city in Indiana, has a population of 879,293 as of 2024. Nearly a quarter (24.9%) of residents are under 18 years old, while 12.9% are over 65, contributing to a median age of 34.3 years—slightly younger than the national average. The city's demographic mix supports a strong labor force, with a steady influx of young professionals and families drawn to its affordability and job opportunities.

Indianapolis is also a city of growing diversity. 53.6% of residents identify as White, 28.1% as Black, and 8% as multiracial. The Hispanic or Latino community makes up 13.3% of the population, and 4.1% of residents identify as Asian. With 51.4% of the population identifying as female, the city maintains a balanced gender distribution.

Looking ahead, Indiana’s population is expected to grow by 15% between 2010 and 2050, signaling continued urban expansion and economic development. This demographic stability, combined with Indianapolis' economic strength and affordable cost of living, makes it a compelling destination for both residents and businesses alike.

Find Your Next Apartment in Indianapolis

Looking for the perfect place to call home in Indianapolis? Whether you’re drawn to the historic charm of Lockerbie Square, the artsy vibe of Fountain Square, or the family-friendly atmosphere of Broad Ripple, Indy has a neighborhood that’s perfect for you.

With so many options, finding the right apartment can feel overwhelming, but it doesn’t have to be. Take the Apartment List quiz to match with rentals tailored to your preferences and simplify your search. Start your Indianapolis adventure by finding the perfect place to call home. With us, you’ll spend 5 minutes and save 50 hours searching.