ZIP 46231 vs ZIP 46240
A side-by-side comparison of ZIP Code 46231 and ZIP Code 46240: population, income, housing, and more.
ZIP 46231 and ZIP 46240 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 46240 has the higher population (19,632 vs 10,950 in ZIP 46231). ZIP 46231 has the higher median household income ($76,823 vs $70,728 in ZIP 46240). ZIP 46240 has the higher median home value ($328,600 vs $204,200 in ZIP 46231).
Population, income & housing
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| Population | 10,950 | 19,632 |
| Median age | 39.1 yrs | 37.8 yrs |
| Median household income | $76,823 | $70,728 |
| Median home value | $204,200 | $328,600 |
| Median gross rent | $1,575 | $1,255 |
| Housing units | 3,895 | 11,673 |
| Homeownership rate | 73.3% | 44.8% |
| Bachelor's degree or higher | 19.1% | 58.7% |
| Unemployment rate | 2.8% | 3.8% |
Trends (ACS 5-year, 2019–2023)
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| Population | 10,277 → 10,950 (+6.5%) | 19,785 → 19,632 (-0.8%) |
| Median household income | $64,720 → $76,823 (+18.7%) | $61,922 → $70,728 (+14.2%) |
| Median home value | $131,900 → $204,200 (+54.8%) | $224,200 → $328,600 (+46.6%) |
| Median gross rent | $1,377 → $1,575 (+14.4%) | $1,002 → $1,255 (+25.2%) |
ZIP 46231
10,27710,950
$64,720$76,823
$131,900$204,200
$1,377$1,575
ZIP 46240
19,78519,632
$61,922$70,728
$224,200$328,600
$1,002$1,255
Age & race/ethnicity
Age distribution (share)
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| Under 5 | 4.7% | 4.4% |
| 5 to 17 | 22.2% | 12.2% |
| 18 to 24 | 6.8% | 8.7% |
| 25 to 34 | 11.5% | 22.6% |
| 35 to 44 | 13.6% | 9.2% |
| 45 to 54 | 14.9% | 12.4% |
| 55 to 64 | 14.1% | 12.5% |
| 65 to 74 | 8.8% | 10.7% |
| 75 and over | 3.4% | 7.2% |
Race & ethnicity (share)
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| White (non-Hispanic) | 46.3% | 73.7% |
| Black or African American | 17.4% | 10.5% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 11.5% | 3.5% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.1% |
| Some other race | 0.7% | 1.8% |
| Two or more races | 3.9% | 4.7% |
| Hispanic or Latino | 20.2% | 5.7% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| No high school diploma | 21.2% | 4.5% |
| High school graduate | 35.0% | 11.8% |
| Some college or associate's | 24.7% | 25.1% |
| Bachelor's degree | 10.3% | 36.3% |
| Graduate or professional degree | 8.8% | 22.4% |
Commute to work
How workers get to work (share)
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| Drove alone | 84.8% | 73.9% |
| Carpooled | 8.6% | 7.3% |
| Public transit | 1.3% | 0.4% |
| Walked | 0.0% | 1.1% |
| Bicycle | 0.0% | 0.1% |
| Worked from home | 5.3% | 16.7% |
| Other means | 0.0% | 0.4% |
Housing
Units in structure (share)
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| 1-unit, detached | 97.1% | 37.4% |
| 1-unit, attached | 1.4% | 6.9% |
| 2 to 4 units | 0.0% | 19.2% |
| 5 to 19 units | 0.0% | 18.4% |
| 20 or more units | 1.5% | 18.1% |
| Mobile home & other | 0.0% | 0.0% |
Poverty & households
| ZIP 46231 | ZIP 46240 | |
|---|---|---|
| Poverty rate | 8.4% | 9.5% |
| Average household size | 2.91 | 1.93 |
| Mean commute (minutes) | 23 | 21 |
| Median year structure built | 1998 | 1980 |