Located smack dab in the “center” of Indianapolis, lies Center Township.
Center Township includes Downtown and part of Beech Grove and is the most populated Township in Marion County, with 3,511 people per square mile according to Town Charts.
The boundaries are the South side 38th street, the East side of Belmont Avenue, the West side of Emerson Avenue, and the North side of Troy Avenue.
As of 2016, there were 147,110 people residing here. The median household income is just $27,718 as reported by Best Places.
The median age is 33.8 with a racial makeup of 57.5% Caucasian, 34.8% African-American, and 7.4% comprised of various other ethnicities.
According to Niche, The median home value is $74,600 and the median market rent is $825.
59% of the population rent versus 41% who own their home.
Center Township is very unique in the fact that it covers a broad spectrum. Some of the best real estate in Indiana is located here, but so is some of the worst.
Example: The most expensive single family residence to ever sell in our local MLS system ($4.8M in 2016) is located in Center Township. By contrast, some of the cheapest real estate - we're talking less than $1,000 cheap - has also been sold in Center Township.
As you might have guessed, some of the oldest real estate in Indiana still exists in Center Township. However, several years ago, a building resurgence occurred and continues today, particularly in the outlying neighborhoods outside of the immediate downtown area.
This mass gentrification has made some sections of Center Township very desirable for young people, families and, more recently, retirees who are looking to downsize and crave walkability.