ZIP 46220 vs ZIP 46240

This side-by-side compares ZIP 46220 (Indianapolis, IN) and ZIP 46240 (Indianapolis, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 46220 has a population of 34,830 at 1,123 people per square mile, while ZIP 46240 has 18,731 at 737 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 46220 reports a median household income of $108,050 against $75,156 in ZIP 46240, with per-capita income of $65,387 vs $61,625. The share of adults holding a bachelor's degree or higher is 68.1% in 46220 and 62.1% in 46240. Poverty rate reads 6.1% vs 8.6%, and unemployment 1.6% vs 3.6% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $358,500 in 46220 versus $348,000 in 46240, with median rent of $1,376 and $1,311 per month respectively. Homeownership rate is 66.7% vs 46.0%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.