ZIP Code 46240

ZIP Code Tabulation Area in Marion County, Indiana.

Population: 19,632
Median household income: $70,728
Median home value: $328,600

ZIP Code 46240 (Marion County, Indiana) is home to about 19,632 residents. Its median household income of $70,728 runs above the Marion County figure of $63,450.

Between 2019 and 2023, ZIP Code 46240's population held roughly steady from 19,785 to 19,632, while its median gross rent rose 25.2% from $1,002 to $1,255.

Households average 1.93 people. The median gross rent is $1,255.

Demographics

ACS 2019–2023

Population: 19,632
Median age: 37.8 yrs
Median household income: $70,728
Median home value: $328,600
Median gross rent: $1,255
Housing units: 11,673
Homeownership rate: 44.8%
Bachelor's degree or higher: 58.7%
Unemployment rate: 3.8%

Trends

ACS 5-year · 2019–2023

Population

19,78519,632

Median household income

$61,922$70,728

Median home value

$224,200$328,600

Median gross rent

$1,002$1,255

Year	Population	Median household income	Median home value	Median gross rent
2019	19,785	$61,922	$224,200	$1,002
2020	20,284	$56,744	$238,500	$996
2021	19,682	$57,885	$253,700	$1,034
2022	20,123	$63,317	$295,900	$1,163
2023	19,632	$70,728	$328,600	$1,255

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.4%

5 to 1712.2%

18 to 248.7%

25 to 3422.6%

35 to 449.2%

45 to 5412.4%

55 to 6412.5%

65 to 7410.7%

75 and over7.2%

	Count	Share
Under 5	861	4.4%
5 to 17	2,398	12.2%
18 to 24	1,703	8.7%
25 to 34	4,441	22.6%
35 to 44	1,810	9.2%
45 to 54	2,442	12.4%
55 to 64	2,460	12.5%
65 to 74	2,103	10.7%
75 and over	1,414	7.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	14,477	73.7%
Black or African American	2,056	10.5%
American Indian & Alaska Native	6	0.0%
Asian	689	3.5%
Native Hawaiian & Pacific Islander	12	0.1%
Some other race	357	1.8%
Two or more races	924	4.7%
Hispanic or Latino (any race)	1,111	5.7%

Educational attainment (age 25+)

No high school diploma4.5%

High school graduate11.8%

Some college or associate's25.1%

Bachelor's degree36.3%

Graduate or professional degree22.4%

	Count	Share
No high school diploma	653	4.5%
High school graduate	1,726	11.8%
Some college or associate's	3,678	25.1%
Bachelor's degree	5,324	36.3%
Graduate or professional degree	3,289	22.4%

Commute to work

Mean travel time to work: 21 min

Drove alone73.9%

Carpooled7.3%

Public transit0.4%

Walked1.1%

Bicycle0.1%

Worked from home16.7%

Other means0.4%

How workers get to work

	Count	Share
Drove alone	8,156	73.9%
Carpooled	801	7.3%
Public transit	46	0.4%
Walked	125	1.1%
Bicycle	14	0.1%
Worked from home	1,848	16.7%
Other means	48	0.4%

Travel time

	Count	Share
Under 15 min	2,444	26.6%
15 to 29 min	4,226	46.0%
30 to 44 min	1,924	20.9%
45 to 59 min	376	4.1%
60+ min	220	2.4%

Households

Average household size: 1.93
Poverty rate: 9.5% (1,840 of 19,419)

	Count	Share
Family households	4,141	41.1%
Nonfamily households	5,938	58.9%

Housing

Median year structure built: 1980

Occupancy

	Count	Share
Occupied	10,079	86.3%
Vacant	1,594	13.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,520	44.8%
Renter-occupied	5,559	55.2%

1-unit, detached37.4%

1-unit, attached6.9%

2 to 4 units19.2%

5 to 19 units18.4%

20 or more units18.1%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	4,360	37.4%
1-unit, attached	811	6.9%
2 to 4 units	2,244	19.2%
5 to 19 units	2,146	18.4%
20 or more units	2,110	18.1%
Mobile home & other	2	0.0%

ZIP Code 46240

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes