| ZIP Code | 46131 |
|---|---|
| City | Franklin |
| State | Indiana (IN) |
| County | Johnson County |
| Area Code | 317/463 |
| Elevation | 732 ft |
| Latitude | 39.473489 |
|---|---|
| Longitude | -86.043592 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18081 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.0 yrs ↓ 7% since 2019 |
|---|---|
| Avg Household Size | 2.74 |
| Below Poverty | 9.2% ▼ 9% below avg |
| College Grads | 38.1% ≈ Avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 263 (1.2%) |
| HS Graduate | 7,034 (33%) |
| Some College | 2,842 (13.3%) |
| Associates | 3,062 (14.4%) |
| Bachelors | 2,562 (12%) |
| Graduate Degree | 5,553 (26.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,914 ≈ Avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $227,800 ▼ 18% below avg ↑ 61% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,114/mo ↑ 26% since 2019 |
| Total Units | 13,151 |
| Vacant Units | 744 |
| Avg HH Size | 2.74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,151 |
|---|---|
| Vacant | 744 |
| Owner Occupied | 72.1% |
| Renter Occupied | 27.9% |
| Avg HH Size | 2.74 |
ZIP code 46131 is located in Franklin, Indiana, within Johnson County. With a population of 35,502, this is a highly populated ZIP code with a relatively young community — the median age is 36 years. Economically, 46131 is a middle-income ZIP code: the median household income of $81,914 is near the national average.
Real estate in ZIP code 46131 represents an affordable housing market. The median home value of $227,800 is below the national average. Renters can expect to pay around $1,114 per month in median rent. Homeownership is strong here — 72.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 61% since 2019.
The population of 46131 is primarily White (91.70%). Residents are moderately educated — 38.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.2%. Household income has grown by 25% since 2019.
The unemployment rate in 46131 stands at 3.0%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 46131 in Franklin, IN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 35,502 residents, a median household income of $81,914, and a median home value of $227,800, it offers a clear picture of life in this part of Indiana.