| ZIP Code | 46227 |
|---|---|
| City | Indianapolis |
| State | Indiana (IN) |
| County | Marion County |
| Area Code | 317/463 |
| Elevation | 775 ft |
| Latitude | 39.674763 |
|---|---|
| Longitude | -86.132676 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.7 yrs ↓ 6% since 2019 |
|---|---|
| Avg Household Size | 2.32 |
| Below Poverty | 15.6% ▲ 56% above avg |
| College Grads | 33.7% ▼ 13% below avg |
| Unemployment | 3.3% ▼ 32% below avg |
| No HS Diploma | 1,130 (3.5%) |
| HS Graduate | 11,675 (36.2%) |
| Some College | 3,883 (12.1%) |
| Associates | 4,659 (14.5%) |
| Bachelors | 3,287 (10.2%) |
| Graduate Degree | 7,580 (23.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,993 ▼ 33% below avg ↑ 19% since 2019 |
|---|---|
| Median Home Value | $192,600 ▼ 31% below avg ↑ 46% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $994/mo ↑ 23% since 2019 |
| Total Units | 26,411 |
| Vacant Units | 2,555 |
| Avg HH Size | 2.32 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 26,411 |
|---|---|
| Vacant | 2,555 |
| Owner Occupied | 45.2% |
| Renter Occupied | 54.8% |
| Avg HH Size | 2.32 |
ZIP code 46227 is located in Indianapolis, Indiana, within Marion County. With a population of 57,164, this is a highly populated ZIP code with a relatively young community — the median age is 32.7 years. Economically, 46227 is a working-class ZIP code: the median household income of $50,993 is below the national average.
Real estate in ZIP code 46227 represents an affordable housing market. The median home value of $192,600 is below the national average. Renters can expect to pay around $994 per month in median rent. The area has a relatively balanced mix of owners (45.2%) and renters (54.8%). Median home values have increased by 46% since 2019.
The population of 46227 is majority White (61.44%). Residents are moderately educated — 33.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 15.6%. Household income has grown by 19% since 2019.
The unemployment rate in 46227 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 46227 in Indianapolis, IN is characterized as working-class, moderately educated, and a relatively young community. With 57,164 residents, a median household income of $50,993, and a median home value of $192,600, it offers a clear picture of life in this part of Indiana.