US ZIP Code
46118

Clayton, IN

Hendricks County  ·  Indiana

● Active
👥 4,340 Population ↓ 14% since 2019
💰 $77,480 Median HH Income
≈ Avg ↑ 10% since 2019
🎂 41.2 Median Age
🏠 $248,300 Median Home Value
▼ 11% below avg ↑ 54% since 2019
🎓 34.2% College Grads
▼ 12% below avg
📊 1.5% Unemployment
▼ 69% below avg ↓ 43% since 2019
ZIP Code Details
ZIP Code46118
CityClayton
StateIndiana (IN)
CountyHendricks County
Area Code317/463
Elevation811 ft
Latitude39.658691
Longitude-86.531342
TimezoneIndiana/Indianapolis (DST)
FIPS18063
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 52.4% (2,276) Female 47.6% (2,064) ♀

Race & Ethnicity

White: 96.3%Hispanic: 1.5%Black: 1.5%Asian: 0.3%Other: 0.4%Race
White96.3%
Hispanic1.5%
Black1.5%
Asian0.3%
Other0.4%

Age Breakdown

Under 5
5%
5–17
14%
18–24
9%
25–44
24%
45–64
26%
65+
9%

Key Indicators

Median Age41.2 yrs
Avg Household Size2.45
Below Poverty6.6% ▼ 34% below avg
College Grads34.2% ▼ 12% below avg
Unemployment1.5% ▼ 69% below avg
No HS Diploma20 (0.7%)
HS Graduate1,106 (38.4%)
Some College451 (15.7%)
Associates318 (11%)
Bachelors308 (10.7%)
Graduate Degree677 (23.5%)

Education

No HS: 0.7%HS Grad: 38.4%Some College: 15.7%Associates: 11%Bachelors: 10.7%Graduate: 23.5%Edu
No HS0.7%
HS Grad38.4%
Some College15.7%
Associates11.0%
Bachelors10.7%
Graduate23.5%
Housing & Income

Housing Tenure

Owner: 83%Renter: 17%Tenure
Owner83.0%
Renter17.0%

Home Value Distribution

Under $50k
1%
$50k–100k
3%
$100k–150k
12%
$150k–200k
9%
$200k–300k
46%
$300k–500k
26%
Over $500k
4%

Financials

Median HH Income$77,480 ≈ Avg ↑ 10% since 2019
Median Home Value$248,300 ▼ 11% below avg ↑ 54% since 2019
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$987/mo ↑ 4% since 2019
Total Units2,026
Vacant Units257
Avg HH Size2.45

Income Distribution

Under $25k
10%
$25k–50k
14%
$50k–75k
22%
$75k–100k
21%
$100k–150k
19%
$150k–200k
6%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
89%
Walked
0%
Work From Home
11%

Commute Time

Under 15 min
12%
15–30 min
38%
30–45 min
27%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
8%
1960s–1970s
15%
1980s–1990s
15%
2000+
60%

Summary

Total Units2,026
Vacant257
Owner Occupied83.0%
Renter Occupied17.0%
Avg HH Size2.45
Frequently Asked Questions
ZIP code 46118 is in Clayton, IN, in Hendricks County.
ZIP code 46118 is located in Indiana (IN).
ZIP code 46118 is in Hendricks County, IN.
ZIP 46118 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46118 is 4,340 people (ACS 2023).
The median household income in ZIP code 46118 is $77,480 (ACS 2023).
The median home value in ZIP 46118 is $248,300 (ACS 2023).
About ZIP Code 46118

ZIP code 46118 is located in Clayton, Indiana, within Hendricks County. With a population of 4,340, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.2 years. Economically, 46118 is a middle-income ZIP code: the median household income of $77,480 is near the national average.

Real estate in ZIP code 46118 represents an affordable housing market. The median home value of $248,300 is near the national average. Renters can expect to pay around $987 per month in median rent. Homeownership is strong here — 83.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 54% since 2019.

The population of 46118 is primarily White (96.34%). Residents are moderately educated — 34.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.6%. Household income has grown by 10% since 2019.

The unemployment rate in 46118 stands at 1.5%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.

Overall, ZIP code 46118 in Clayton, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 4,340 residents, a median household income of $77,480, and a median home value of $248,300, it offers a clear picture of life in this part of Indiana.