| ZIP Code | 46032 |
|---|---|
| City | Carmel |
| State | Indiana (IN) |
| County | Hamilton County |
| Area Code | 317/463 |
| Elevation | 876 ft |
| Latitude | 39.966569 |
|---|---|
| Longitude | -86.175131 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18057 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.7 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 4.5% ▼ 55% below avg |
| College Grads | 79.8% ▲ 106% above avg |
| Unemployment | 3.2% ▼ 34% below avg |
| No HS Diploma | 241 (0.7%) |
| HS Graduate | 2,312 (7.2%) |
| Some College | 1,325 (4.1%) |
| Associates | 2,628 (8.2%) |
| Bachelors | 1,521 (4.7%) |
| Graduate Degree | 24,194 (75.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $123,438 ▲ 62% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $464,200 ▲ 67% above avg ↑ 43% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,522/mo ↑ 29% since 2019 |
| Total Units | 22,118 |
| Vacant Units | 1,608 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 22,118 |
|---|---|
| Vacant | 1,608 |
| Owner Occupied | 67.1% |
| Renter Occupied | 33.0% |
| Avg HH Size | 2.48 |
ZIP code 46032 is located in Carmel, Indiana, within Hamilton County. With a population of 51,181, this is a highly populated ZIP code with a middle-aged community — the median age is 39.7 years. Economically, 46032 is a upper-middle-income ZIP code: the median household income of $123,438 is significantly above the national average.
Real estate in ZIP code 46032 represents a premium housing market. The median home value of $464,200 is significantly above the national average. Renters can expect to pay around $1,522 per month in median rent. Homeownership is strong here — 67.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 46032 is primarily White (77.08%). Residents are highly educated — 79.8% hold a bachelor's degree or higher, which is more than double the national average. Poverty affects a relatively small share of residents at 4.5%. Household income has grown by 22% since 2019.
The unemployment rate in 46032 stands at 3.2%, which is below the national average. About 25% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 69%.
Overall, ZIP code 46032 in Carmel, IN is characterized as upper-middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 51,181 residents, a median household income of $123,438, and a median home value of $464,200, it offers a clear picture of life in this part of Indiana.