US ZIP Code
46254

Indianapolis, IN

Marion County  ·  Indiana

● Active
👥 40,263 Population
💰 $57,825 Median HH Income
▼ 24% below avg ↑ 29% since 2019
🎂 33.1 Median Age ↑ 3% since 2019
🏠 $175,700 Median Home Value
▼ 37% below avg ↑ 49% since 2019
🎓 42.7% College Grads
▲ 10% above avg
📊 6.9% Unemployment
▲ 42% above avg ↓ 4% since 2019
ZIP Code Details
ZIP Code46254
CityIndianapolis
StateIndiana (IN)
CountyMarion County
Area Code317/463
Elevation800 ft
Latitude39.848326
Longitude-86.269687
TimezoneIndiana/Indianapolis (DST)
FIPS18097
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 46.9% (18,895) Female 53.1% (21,368) ♀

Race & Ethnicity

White: 19.8%Hispanic: 18.1%Black: 55.9%Asian: 2.2%Other: 3.8%Race
White19.8%
Hispanic18.1%
Black55.9%
Asian2.2%
Other3.8%

Age Breakdown

Under 5
8%
5–17
18%
18–24
12%
25–44
29%
45–64
22%
65+
7%

Key Indicators

Median Age33.1 yrs ↑ 3% since 2019
Avg Household Size2.36
Below Poverty17.9% ▲ 79% above avg
College Grads42.7% ▲ 10% above avg
Unemployment6.9% ▲ 42% above avg
No HS Diploma676 (2.9%)
HS Graduate5,980 (25.6%)
Some College2,996 (12.8%)
Associates3,744 (16%)
Bachelors2,267 (9.7%)
Graduate Degree7,705 (33%)

Education

No HS: 2.9%HS Grad: 25.6%Some College: 12.8%Associates: 16%Bachelors: 9.7%Graduate: 33%Edu
No HS2.9%
HS Grad25.6%
Some College12.8%
Associates16.0%
Bachelors9.7%
Graduate33.0%
Housing & Income

Housing Tenure

Owner: 48%Renter: 52%Tenure
Owner48.0%
Renter52.0%

Home Value Distribution

Under $50k
2%
$50k–100k
8%
$100k–150k
26%
$150k–200k
30%
$200k–300k
24%
$300k–500k
8%
Over $500k
3%

Financials

Median HH Income$57,825 ▼ 24% below avg ↑ 29% since 2019
Median Home Value$175,700 ▼ 37% below avg ↑ 49% since 2019
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$1,021/mo ↑ 20% since 2019
Total Units17,955
Vacant Units940
Avg HH Size2.36

Income Distribution

Under $25k
18%
$25k–50k
21%
$50k–75k
29%
$75k–100k
15%
$100k–150k
10%
$150k–200k
4%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
1%
Walked
1%
Work From Home
10%

Commute Time

Under 15 min
21%
15–30 min
52%
30–45 min
23%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
4%
1960s–1970s
18%
1980s–1990s
26%
2000+
52%

Summary

Total Units17,955
Vacant940
Owner Occupied48.0%
Renter Occupied52.0%
Avg HH Size2.36
Frequently Asked Questions
ZIP code 46254 is in Indianapolis, IN, in Marion County.
ZIP code 46254 is located in Indiana (IN).
ZIP code 46254 is in Marion County, IN.
ZIP 46254 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46254 is 40,263 people (ACS 2023).
The median household income in ZIP code 46254 is $57,825 (ACS 2023).
The median home value in ZIP 46254 is $175,700 (ACS 2023).
About ZIP Code 46254

ZIP code 46254 is located in Indianapolis, Indiana, within Marion County. With a population of 40,263, this is a highly populated ZIP code with a relatively young community — the median age is 33.1 years. Economically, 46254 is a solidly middle-class ZIP code: the median household income of $57,825 is below the national average.

Real estate in ZIP code 46254 represents an affordable housing market. The median home value of $175,700 is below the national average. Renters can expect to pay around $1,021 per month in median rent. The area has a relatively balanced mix of owners (48.0%) and renters (52.0%). Median home values have increased by 49% since 2019.

The population of 46254 is majority Black (55.92%). Residents are well-educated — 42.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 17.9%. Household income has grown by 29% since 2019.

The unemployment rate in 46254 stands at 6.9%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.

Overall, ZIP code 46254 in Indianapolis, IN is characterized as solidly middle-class, well-educated, and a relatively young community. With 40,263 residents, a median household income of $57,825, and a median home value of $175,700, it offers a clear picture of life in this part of Indiana.