Indianola is located in south Nebraska. Indianola is between the Red Willow, Frontier county. Indianola has 1.25 square miles of land area and has no water area. As of 2010-2014, the total Indianola population is 662, which has grown 3.12% since 2000. The population growth rate is much lower than the state average rate of 8.44% and is much lower than the national average rate of 11.61%. Indianola median household income is $59,044 in 2010-2014 and has grown by 115.93% since 2000. The income growth rate is much higher than the state average rate of 33.50% and is much higher than the national average rate of 27.36%. Indianola median house value is $51,900 in 2010-2014 and has grown by 40.65% since 2000. The house value growth rate is lower than the state average rate of 47.84% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Indianola is worse than the state average in quality. The Indianola area code is 308.