46234 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Marion County
Centroid: Latitude 39.808, Longitude -86.338
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 46234 has segments in 2 Counties (Hendricks, Marion).

Businesses Addresses: 352
PO Box Addresses: 142
Residential Addresses: 10,700

Multi-Family Addresses: 516
Single Family Addresses: 10,184

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: May 5, 2021.

Indianapolis, IN 46234 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	27,507 (100%)
Population in Households	27,229 (99.0%)
Population in Families	22,366 (81.3%)
Population in Group Quarters¹	278 ( 1.0%)
Population Density	1,977
Diversity Index²	53


INCOME
Median Household Income	$76,561
Average Household Income	$92,091
% of Income for Mortgage⁴	9%
Per Capita Income	$34,614
Wealth Index⁵	96

HOUSING
Total HU (Housing Units)	10,901 (100%)
Owner Occupied HU	8,247 (75.7%)
Renter Occupied HU	2,088 (19.2%)
Vacant Housing Units	566 ( 5.2%)
Median Home Value	$155,520
Average Home Value	$182,930
Housing Affordability Index³	283

HOUSEHOLDS
Total Households	10,335
Average Household Size	2.63
Family Households	7,144
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Indianapolis, IN 46234 - Peer Comparisons by Rank and Percentile

The table below compares 46234 to the other 772 ZIP Codes in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.88%	1.09%
Households	0.83%	1.03%
Families	0.67%	0.97%
Median Household Income		1.15%
Per Capita Income		1.69%
Owner Occupied HU		1.01%

Variable Description	Rank	Percentile
Total Population	# 80	90th
Population Density	# 77	90th
Median Household Income	# 67	91st
Housing Affordability Index	# 536	69th
Per Capita Income	# 94	88th
Diversity Index	# 60	92nd

Indianapolis, IN 46234 ZIP Code Profile

ZIP Code 46234: Basic Data & USPS Preferred City Name

Indianapolis, IN 46234 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Indianapolis, IN 46234 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 46234

Use HTL Address Research for a Indiana Address and get...

Quick & Easy Ways to...

Indiana Census Data Comparison Tool

More Tools and Resources:

COVID-19 Statistics and Data

Marion County

Indianapolis Jobs