| ZIP Code | 46241 |
|---|---|
| City | Indianapolis |
| State | Indiana (IN) |
| County | Marion County |
| Area Code | 317/463 |
| Elevation | 755 ft |
| Latitude | 39.730422 |
|---|---|
| Longitude | -86.277774 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18097 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.0 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.89 |
| Below Poverty | 23.3% ▲ 133% above avg |
| College Grads | 25.0% ▼ 35% below avg |
| Unemployment | 8.2% ▲ 67% above avg |
| No HS Diploma | 990 (6.3%) |
| HS Graduate | 6,554 (42%) |
| Some College | 2,694 (17.3%) |
| Associates | 1,451 (9.3%) |
| Bachelors | 1,135 (7.3%) |
| Graduate Degree | 2,770 (17.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,598 ▼ 32% below avg ↑ 33% since 2019 |
|---|---|
| Median Home Value | $111,500 ▼ 60% below avg ↑ 43% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,118/mo ↑ 32% since 2019 |
| Total Units | 12,414 |
| Vacant Units | 1,080 |
| Avg HH Size | 2.89 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,414 |
|---|---|
| Vacant | 1,080 |
| Owner Occupied | 54.2% |
| Renter Occupied | 45.8% |
| Avg HH Size | 2.89 |
ZIP code 46241 is located in Indianapolis, Indiana, within Marion County. With a population of 32,943, this is a moderately populated ZIP code with a relatively young community — the median age is 30 years. Economically, 46241 is a working-class ZIP code: the median household income of $51,598 is below the national average.
Real estate in ZIP code 46241 represents one of the more affordable housing markets in the country. The median home value of $111,500 is well below the national average. Renters can expect to pay around $1,118 per month in median rent. The area has a relatively balanced mix of owners (54.2%) and renters (45.8%). Median home values have increased by 43% since 2019.
The population of 46241 is majority White (50.13%). Residents are moderately educated — 25.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 23.3%. Household income has grown by 33% since 2019.
The unemployment rate in 46241 stands at 8.2%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 46241 in Indianapolis, IN is characterized as working-class, moderately educated, and a relatively young community. With 32,943 residents, a median household income of $51,598, and a median home value of $111,500, it offers a clear picture of life in this part of Indiana.