46240 ZIP Code – Indianapolis, Indiana

ZIP code 46240 is a large ZIP code located in Indianapolis, Indiana, within Marion County with a population of approximately 20,123 residents. At $63,317, the median household income here runs near the Indiana average and near the U.S. average. Homes in this ZIP code have a median value of $295,900, near the national average, with 46.0% owner-occupied housing (increasing). . Median rent is $1,163, which is near the U.S. average. Housing consists of 50% single-family (increasing), 32% apartments (decreasing), 18% duplex/multi-family.

The unemployment rate is 3.8%, below the national average. The poverty rate of 9.5% is below the U.S. average. 58.7% of adults hold a bachelor's degree or higher, well above the U.S. average. The median age is 37.8, near the national median. Nearby ZIP codes include 46280, 46290, 46220.

ZIP Code 46240 Data

Population 20,123
Median Household Income $63,317
Median Home Value $295,900
Median Rent $1,163
Median Age 37.8
Unemployment Rate 3.8%
Poverty Rate 9.5%
Bachelor's Degree or Higher 58.7%
County Marion County
State Indiana

ZIP 46240 vs. Indiana vs. U.S.

MetricZIP 46240IN Avg.U.S. Avg.
Population20k8,64210k
Median Household Income$63k$69k$73k
Median Home Value$295k$165k$258k
Median Rent$1,163$898$1,088
Median Age37.841.043.2
Unemployment Rate3.8%4.2%5.0%
Poverty Rate9.5%11.3%13.3%
Bachelor's Degree or Higher58.7%21.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
46280 INDIANAPOLIS 7,344 $80,267
46290 INDIANAPOLIS 87 Not provided
46220 INDIANAPOLIS 37,102 $93,595
46250 INDIANAPOLIS 17,131 $65,869
46260 INDIANAPOLIS 35,019 $66,330