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Metro · Density Score

Indianapolis, IN

Metro area in Indiana

48 Combined score #44 of 109 metros
Economic
49 #53 of 109
Innovation (Startup & VC)
48 #39 of 109

Indianapolis ranks #44 overall, #39 in Startup & VC and #53 in Economy among 109 U.S. metros.

Highlights

  • #16 of 102: 0.42 startup exits per year per 100k people
  • #22 of 109: $95K GDP per person
  • #29 of 109: 1.5 early-stage rounds per year per 100k people

The inputs

Ranks are among the metros with data for each input; higher is better.

Venture capital per year, per 100k people
$7.4M #55 of 109
Early-stage rounds per year, per 100k people
1.5 #29 of 109
Series B+ rounds per year, per 100k people
0.10 #49 of 109
Startup exits per year, per 100k people
0.42 #16 of 102
GDP per person
$95K #22 of 109
Patents per 100k people
32 #43 of 103
STEM degrees per 100k people
80 #88 of 109
Tech share of jobs
2.8% #50 of 109
Net migration of 25–44 year olds, per 100k people
+89 #49 of 109

Top companies

The largest companies headquartered in this metro, by latest annual revenue.

  1. Elevance Health, Inc. ELV · Healthcare · Indianapolis $199B
  2. Eli Lilly and Company LLY · Healthcare · Indianapolis $65.2B
  3. Corteva, Inc. CTVA · Materials · Indianapolis $17.4B
  4. Simon Property Group, Inc. SPG · Real Estate · Indianapolis $6.4B
  5. Elanco Animal Health Incorporated ELAN · Healthcare · Indianapolis $4.7B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

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