Zip code 46240: Indianapolis, Indiana

Q: What city is zip code 46240?

46240 is assigned to Indianapolis, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 46240 in?

46240 is mostly in Marion County, but it extends into 1 other county.

Q: What is the population of 46240?

About 19,595 people live in 46240, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 46240?

The median household income in 46240 is $75,156.

Q: What zip codes are near 46240?

The closest zip codes to 46240 are 46280, 46288, 46290, 46220, 46260.

Residential delivery areaMarion CountyEastern Time

Population

19,595

Median household income

$75K

U.S. $81K

Median home value

$348K

U.S. $333K

Median rent

$1,311/mo

U.S. $1,413

Median age

37.3

U.S. 38.9

Land area

9.4 sq mi

2,091 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 46240

46240 is a suburban zip code in Indianapolis, Indiana (Marion County), covering 9.4 sq mi of land. About 19,595 people live here, or 2,091 per square mile. The median resident is 37.3 years old, compared with 38.9 nationally.

The median household earns $75,156 a year, close to the national median of $80,734. 8.6% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $348,000, or 4.6 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 46% of occupied homes are lived in by their owners, and renters pay a median of $1,311 a month.

62% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 21.3 minutes each way, and 19% of workers work from home. The most common jobs among working residents are in management; office and administrative support; and business and finance.

How 46240 compares

Sorted from highest to lowest national percentile

Bachelor's degree or higher62.1%
91st
StrengthU.S. 35.7% · IN 29.5%17th of 744 in IN
Income inequality (Gini)0.499
88th
WeaknessU.S. 0.483 · IN 0.45239th of 740 in IN
Per capita income$61,625
86th
StrengthU.S. $44,673 · IN $38,35111th of 744 in IN
Housing vacancy14.5%
85th
U.S. 10.1% · IN 8.8%128th of 742 in IN
Tech workers5.6%
83rd
U.S. 3.8% · IN 2.5%41st of 745 in IN
Work from home19.3%
76th
U.S. 15.1% · IN 10.7%44th of 745 in IN
Broadband access94.8%
74th
U.S. 91% · IN 89.9%88th of 742 in IN
Median earnings per worker$56,296
70th
U.S. $49,666 · IN $46,60994th of 740 in IN
Healthcare workers10.3%
62nd
U.S. 9.7% · IN 9.8%280th of 745 in IN
Residents 65 and older18.1%
61st
U.S. 17.2% · IN 16.8%380th of 745 in IN
Population density2,091/sq mi
58th
U.S. 95/sq mi · IN 191/sq mi71st of 745 in IN
Median home value$348,000
53rd
U.S. $332,700 · IN $218,20024th of 719 in IN
Median household income$75,156
44th
U.S. $80,734 · IN $71,957288th of 719 in IN
Median gross rent$1,311
44th
U.S. $1,413 · IN $1,06252nd of 640 in IN
Veterans5.3%
43rd
U.S. 6.2% · IN 6.3%530th of 745 in IN
Foreign-born residents7.7%
42nd
U.S. 14.1% · IN 6.3%93rd of 745 in IN
Diversity index42.1
39th
U.S. 61.4 · IN 41.4109th of 745 in IN
Median age37.3
37th
U.S. 38.9 · IN 38.1525th of 745 in IN
Self-employed workers8.3%
37th
U.S. 10% · IN 8%345th of 745 in IN
Poverty rate8.6%
36th
U.S. 12.5% · IN 12.3%422nd of 742 in IN
Population19,595
30th
U.S. 334,922,499 · IN 6,851,073131st of 745 in IN
Unemployment rate3.6%
26th
U.S. 5.2% · IN 4.3%358th of 745 in IN
Uninsured rate4.3%
25th
U.S. 8.4% · IN 7.4%515th of 745 in IN
Rent-burdened renters43.3%
24th
U.S. 51.1% · IN 48.1%346th of 716 in IN
Government workers10.6%
23rd
U.S. 14.5% · IN 11.7%413th of 745 in IN
Average commute21.3 min
19th
StrengthU.S. 26.4 min · IN 24.1 min591st of 726 in IN
Homeownership rate46%
14th
WeaknessU.S. 65.2% · IN 70.6%707th of 742 in IN
Residents under 1816.9%
14th
U.S. 22% · IN 23.3%639th of 745 in IN

Measure	46240	Marion	IN	U.S.	National percentile	Rank in IN
Bachelor's degree or higherStrength	62.1%	34.8%	29.5%	35.7%	91st	17th of 744
Income inequality (Gini)Weakness	0.499	0.465	0.452	0.483	88th	39th of 740
Per capita incomeStrength	$61,625	$37,704	$38,351	$44,673	86th	11th of 744
Housing vacancy	14.5%	9.2%	8.8%	10.1%	85th	128th of 742
Tech workers	5.6%	3.4%	2.5%	3.8%	83rd	41st of 745
Work from home	19.3%	13.9%	10.7%	15.1%	76th	44th of 745
Broadband access	94.8%	91.8%	89.9%	91%	74th	88th of 742
Median earnings per worker	$56,296	$45,221	$46,609	$49,666	70th	94th of 740
Healthcare workers	10.3%	9.7%	9.8%	9.7%	62nd	280th of 745
Residents 65 and older	18.1%	13.2%	16.8%	17.2%	61st	380th of 745
Population density	2,091/sq mi	2,464/sq mi	191/sq mi	95/sq mi	58th	71st of 745
Median home value	$348,000	$224,000	$218,200	$332,700	53rd	24th of 719
Median household income	$75,156	$66,346	$71,957	$80,734	44th	288th of 719
Median gross rent	$1,311	$1,153	$1,062	$1,413	44th	52nd of 640
Veterans	5.3%	5.5%	6.3%	6.2%	43rd	530th of 745
Foreign-born residents	7.7%	12.6%	6.3%	14.1%	42nd	93rd of 745
Diversity index	42.1	65.8	41.4	61.4	39th	109th of 745
Median age	37.3	34.4	38.1	38.9	37th	525th of 745
Self-employed workers	8.3%	7.1%	8%	10%	37th	345th of 745
Poverty rate	8.6%	15.3%	12.3%	12.5%	36th	422nd of 742
Population	19,595	975,809	6,851,073	334,922,499	30th	131st of 745
Unemployment rate	3.6%	5%	4.3%	5.2%	26th	358th of 745
Uninsured rate	4.3%	8.8%	7.4%	8.4%	25th	515th of 745
Rent-burdened renters	43.3%	50.9%	48.1%	51.1%	24th	346th of 716
Government workers	10.6%	11.5%	11.7%	14.5%	23rd	413th of 745
Average commuteStrength	21.3 min	24.5 min	24.1 min	26.4 min	19th	591st of 726
Homeownership rateWeakness	46%	56.5%	70.6%	65.2%	14th	707th of 742
Residents under 18	16.9%	25%	23.3%	22%	14th	639th of 745

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

12%

5–17

18–24

23%

25–34

35–44

12%

45–54

13%

55–64

11%

65–74

75+

Median age

37.3

Under 18

16.9%

65 and over

18.1%

Race and ethnicity

White75%
Black8%
Hispanic6%
Asian5%
Native American0.1%
Pacific Islander0.1%
Other2%
Multiracial4%

Diversity index

42.1

U.S. 61.4

Foreign-born

7.7%

U.S. 14.1%

Born in state

61%

Language spoken at home (households)

English only

90%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 10,041
Average household size: 1.9
Family households: 43.4%
Married couples: 35%
Living alone: 47%
Veterans (of adults): 5.3%
Male / female: 49% / 51%

Income and poverty

Household income distribution

<$25k

10%

$25–50k

19%

$50–75k

20%

$75–100k

12%

$100–150k

15%

$150–200k

$200k+

13%

Median household income

46240

$75,156

Marion Co.

$66,346

Indiana

$71,957

United States

$80,734

Per capita income

$61,625

U.S. $44,673

Poverty rate

8.6%

U.S. 12.5%

Households earning $150K+

22.6%

U.S. 23%

Income inequality (Gini)

0.499

U.S. 0.483

Housing

Median home value

46240

$348,000

Marion Co.

$224,000

Indiana

$218,200

United States

$332,700

Median gross rent

46240

$1,311

Marion Co.

$1,153

Indiana

$1,062

United States

$1,413

Types of housing

Single-family

45%

2–4 units

18%

5–19 units

16%

20+ units

21%

Mobile home

Boat, RV, van

Housing units: 11,749
Owner-occupied: 46%
Vacant: 14.5%
Median year built: 1979
Median rooms: 4.9
Renters paying 30%+ of income: 43.3%
Renters paying 50%+ of income: 21.3%
Home value to income: 4.6× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

73%

Carpooled

Transit

0.0%

Walked

Bicycle

0.2%

Worked from home

19%

Other

0.5%

Commute time (one way)

<10 min

13%

10–19

29%

20–29

32%

30–44

21%

45–59

60+

Average commute

21.3 min

U.S. 26.4 min

Unemployment

3.6%

U.S. 5.2%

In labor force

70.7%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Management

15%

Office and admin

12%

Business and finance

11%

Healthcare

10%

Sales

10%

Education

Computer and math

Construction and repair

Engineering and science

Food service

Production

Legal and social services

Arts, media and sports

Cleaning and personal care

Transportation and moving

Police and fire

0.7%

Farming, fishing and forestry

Industries

Health care and social assistance

15%

Professional and technical services

13%

Finance, insurance and real estate

11%

Retail

Manufacturing

Education

Restaurants and hotels

Admin, support and management

Other services

Construction

Transportation, warehousing and utilities

Public administration

Wholesale

Information

Arts and recreation

Agriculture and mining

0.1%

Median earnings per worker

$56,296

U.S. $49,666

Self-employed

8.3%

U.S. 10%

Government workers

10.6%

U.S. 14.5%

Nonprofit workers

12%

U.S. 8.8%

Median earnings by type of work

Type of work	46240	U.S.
Management, business, science and arts	$68,183	$74,888
Service	$24,526	$26,804
Sales and office	$37,489	$40,476
Construction and maintenance	$51,327	$49,199
Production and transportation	$35,107	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

11%

Some college

17%

Associate's

Bachelor's

38%

Graduate

24%

High school graduate or higher: 95.4%
Bachelor's degree or higher: 62.1%
Graduate or professional degree: 23.8%
Households with broadband: 94.8%
Cable, fiber or DSL: 79.2%
No internet access: 3.2%
Without health insurance: 4.3%
Limited-English households: 1.8%

Geography

City (USPS): Indianapolis
State: Indiana
County: Marion County
Center point: 39.9061° N, 86.1246° W
Land area: 9.4 sq mi
Water area: 1 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

46240 spans 2 counties

Marion County98% of land
Hamilton County2% of land

Cities and towns within this zip

Indianapolis city (balance)88% of zip
Meridian Hills6% of zip
Williams Creek3% of zip
Carmel2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 46240

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
46280	Indianapolis, IN	2 mi	7,514	$91,152	$324,400
46288	Indianapolis, IN · PO box	2.8 mi	—	—	—
46290	Indianapolis, IN	2.8 mi	81	—	$570,700
46220	Indianapolis, IN	2.8 mi	36,952	$108,050	$358,500
46260	Indianapolis, IN	2.9 mi	35,707	$72,504	$288,900
46250	Indianapolis, IN	3.3 mi	18,147	$67,328	$327,600
46213	Indianapolis, IN · PO box	4.9 mi	—	—	—
46032	Carmel, IN	5 mi	51,515	$132,085	$496,800
46205	Indianapolis, IN	5.3 mi	28,259	$72,417	$304,500
46033	Carmel, IN	5.5 mi	40,881	$153,143	$487,100
46228	Indianapolis, IN	5.7 mi	15,724	$91,156	$254,500
46268	Indianapolis, IN	5.8 mi	25,913	$68,631	$229,600

Zip codes like 46240 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 46240

What city is zip code 46240?

46240 is assigned to Indianapolis, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 46240 in?

46240 is mostly in Marion County, but it extends into 1 other county.

What is the population of 46240?

About 19,595 people live in 46240, according to the Census Bureau's American Community Survey.

What time zone is 46240 in?

46240 is in Eastern Time.

What is the median household income in 46240?

The median household income in 46240 is $75,156.

What zip codes are near 46240?

The closest zip codes to 46240 are 46280, 46288, 46290, 46220, 46260.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 46240, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.