ZIP 46280 vs ZIP 46240

Source:

Indianapolis, IN — Indianapolis, IN

This side-by-side compares ZIP 46280 (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 46280 has a population of 6,793 at 614 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 46280 reports a median household income of $91,152 against $75,156 in ZIP 46240, with per-capita income of $59,045 vs $61,625. The share of adults holding a bachelor's degree or higher is 61.9% in 46280 and 62.1% in 46240. Poverty rate reads 5.3% vs 8.6%, and unemployment 0.5% 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 $324,400 in 46280 versus $348,000 in 46240, with median rent of $1,771 and $1,311 per month respectively. Homeownership rate is 61.8% 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.

Compare different ZIP codes:

vs
Metric
46280
Indianapolis, IN
46240
Indianapolis, IN
Population 6,793 18,731
Median Household Income $91,152 $75,156
Per Capita Income $59,045 $61,625
Median Age 42.9 37.3
Bachelor's Degree or Higher 61.9% 62.1%
Poverty Rate 5.3% 8.6%
Unemployment Rate 0.5% 3.6%
Median Home Value $324,400 $348,000
Median Rent (monthly) $1,771 $1,311
Homeownership Rate 61.8% 46.0%
Population Density (per sq mi) 614 737

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

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46280
Indianapolis, IN
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46240
Indianapolis, IN
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What are common questions about this comparison?

How do ZIP codes 46280 and 46240 compare?
ZIP 46280 (Indianapolis, IN) has a population of 6,793 and a median household income of $91,152. ZIP 46240 (Indianapolis, IN) has a population of 18,731 and a median household income of $75,156.
Which ZIP code has higher income, 46280 or 46240?
ZIP 46280 (Indianapolis, IN) has a higher median household income of $91,152 compared to $75,156 for ZIP 46240.
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.