46240 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 46240 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityIndianapolis
Time ZoneAmerica/Indiana/Indianapolis
Geo Location39.90687, -86.12361
Population19682
Size25.421 square miles
Median Family Income$100980.00
Median Home Value$253700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 46240 zip code. The total population is 19682, of which, 9032 are male and 10650 are female. With a total area of 25.421 square miles, the population density is 778.3 people per square mile. The median age of the population is 40.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201118448
201218817
201318808
201419835
201519390
201619474
201718793
201819706
201919785
202020284
202119682

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9044.6%
Age 5-96133.1%
Age 10-1411165.7%
Age 15-1910335.2%
Age 20-2411816
Age 25-29221311.2%
Age 30-3418419.4%
Age 35-397763.9%
Age 40-441227 6.2%
Age 45-4912916.6%
Age 50-5412896.5%
Age 55-5912046.1%
Age 60-6412656.4%
Age 65-6910565.4%
Age 70-7410175.2%
Age 75-795802.9%
Age 80-845342.7%
Age 85 and over5422.8%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 7.5 %
  • Speaks Spanish: 2.3 %
  • Speaks Other Indo-European Language: 2.2 %
  • Speaks Pacific Island Languages: 2.9 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 42.5 %
  • Divorced: 11.6 %
  • Separated (not divorced): 1.4 %
  • Never Married: 38.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 46240 zip code is $100980. This is -10.34% less than the national average. This income places 8.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $26241. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00102
$10,000.00 – $14,999.0059
$15,000.00 – $24,999.0051
$25,000.00 – $34,999.00221
$35,000.00 – $49,999.00455
$50,000.00 – $74,999.00683
$75,000.00 – $99,999.00491
$100,000.00 – $149,999.00833
$150,000.00 – $199,999,00400
$200,000.00 +916

YearMedian Family Income ($ USD)
201175948
201275201
201377588
201476298
201583103
201683380
201789698
201887813
201996250
202093904
2021100980

Income Source# of Households
Wage or Salary7704
Self Employment877
Social Security2733
Dividends, Interest, or Rental2452
Retirement2197
Other687

Total Insured & Uninsured Individuals: 
  • Families Insure: 18254
  • Families Uninsured: 1269
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2197
  • No retirement income: 7853

Education

In the 46240 zip code, 95.6% of individuals over 25 years old have a high school degree or higher, and 55.9% have a bachelors degree or higher. Additionally, 37.5% of individuals 3 years and older are in private school, and 62.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 46240 zip, there are an estimated 11407 people in the labor force, of which, 11116 are employed, and 291 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 21.2 minutes. Of the total people that work, 953 worked from home and 10782 commuted. The average number of hours worked is 40.3. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts6195
Services1365
Sales and Office2128
Construction and Maintenance:614
Transportation and Material Moving814





Housing

The median home value for the 46240 zip code is 253700. There is an estimated  10050 number of occupied housing units, the median gross rent in is $1034 per month, and the average monthly housing costs are estimated to be $1122. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00020
$50,000 – $99,000200
$100,000 – $149,999525
$150,000 – $199,999721
$200,000 – $299,9991351
$300,000 – $499,999922
$500,000 – $999,999619
$1,000,000+218

Home Year BuiltNumber of Homes
2020 or Later9
2010 – 2019876
2000 – 2009300
1980 – 19993250
1960 – 19792812
1940 – 19592314
1939 or earlier489

The median number of rooms in all housing units is 4.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500141
$500 – $9992380
$1,000 – $1,4991973
$1,500 – $1,999824
$2,000 – $2,49956
$2,499 – $2,9990
$3,000 + 57

Monthly Housing Costs ($)Number of Households
Less than 300202
300-499372
500-7991246
800-9992170
1000-14993322
1500-19991645
2000-2499458
2500-2999171
3000+421

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1732
20%-24.9%351
25%-29.9%129
30%-34.9%229
35+%504



# of VehiclesHouseholds
None510
15024
23371
3+1145
Home Heating Characteristics: 
  • Utility Gas: 50.4 %
  • Bottle Tank or LP Gas: 0.6 %
  • Electricity: 48.3 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.2 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.