ZIP Code 46123
standardSource:
Avon · Hendricks County · Indiana
- Population
- 31,754
- Median income
- $103,485
- Median home value
- $312,100
- Bachelor's or higher
- 40.3%
- Land area
- 79.4 sq mi
400/sq mi
▲ 36% vs US
higher than 83% of US ZIPs
▲ 12% vs US
higher than 68% of US ZIPs
Median age 39.1
Indiana/Indianapolis
ZIP code 46123 in Avon, Indiana has a population of 31,754. The median household income is $103,485, which is 36% above the national average. Median home value is $312,100, 12% above the US average. 40.3% of residents hold a bachelor's degree or higher.
ZIP code 46123 is classified by USPS as a standard delivery area and covers roughly 79.4 square miles in Avon, Hendricks County, Indiana. The area is home to 31,754 residents, producing a population density of 400 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 46123 against Indiana and the nation.
On the economic side, the median household income for ZIP 46123 sits at $103,485 (41% above the Indiana average), while per-capita income is $49,381. The poverty rate stands at 2.7% and the unemployment rate at 2.5%. On housing, the median home value is $312,100 (61% above the state average) with median rent at $1,451 per month, and 80.4% of occupied units are owner-occupied, a direct signal of whether 46123 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 40.3% of adults hold a bachelor's degree or higher, the median age is 39.1, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Hendricks County, so you can benchmark 46123 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 46123
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 46123.
- Health care and social assistance
Health care and social assistance
130 establishments
- Retail trade
Retail trade
128 establishments
- Other services (except public administration)
Other services (except public administration)
107 establishments
- Accommodation and food services
Accommodation and food services
94 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
85 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 46123, Avon, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
31,754
Population
79.4
Area (sq mi)
400
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46123?
39.1
Median Age
49.1%
Male
50.9%
Female
7.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$103,485
Median Household Income
+41% vs state
$49,381
Per Capita Income
2.7%
Poverty Rate
2.5%
Unemployment Rate
24.0 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
16,942
Total Housing Units
16,397
Occupied Units
545
Vacant Units
2.62
Avg Household Size
Occupancy Type
$312,100
Median Home Value
+61% vs state
$1,451
Median Rent
2001
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+8.2%
YoY Change (2024)
205
HPI Index (2000 = 100)
+105%
Total Change Since 2000
Home values in ZIP 46123 have increased 8.2% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 140 |
| 2021 | +11.9% | 156 |
| 2022 | +20.1% | 188 |
| 2023 | +1.0% | 190 |
| 2024 | +8.2% | 205 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 941 business establishments in ZIP 46123, employing approximately 14,871 people with a combined annual payroll of $693,528,000.
941
Businesses
14,871
Employees
$693.5M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 130 | 13.8% |
| Retail trade | 128 | 13.6% |
| Other services (except public administration) | 107 | 11.4% |
| Accommodation and food services | 94 | 10.0% |
| Professional, scientific, and technical services | 85 | 9.0% |
| Finance and insurance | 71 | 7.5% |
| Construction | 60 | 6.4% |
| Real estate and rental and leasing | 60 | 6.4% |
| Transportation and warehousing | 59 | 6.3% |
| Administrative and support and waste management and remediation services | 47 | 5.0% |
| Arts, entertainment, and recreation | 24 | 2.5% |
| Wholesale trade | 23 | 2.4% |
| Manufacturing | 17 | 1.8% |
| Educational services | 16 | 1.7% |
| Information | 11 | 1.2% |
| Utilities | 4 | 0.4% |
| Management of companies and enterprises | 4 | 0.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 46123 vs 46168 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46168 | Plainfield, IN | 30,309 | 5.1 mi |
| 46112 | Brownsburg, IN | 33,662 | 7.1 mi |
| 46234 | Indianapolis, IN | 24,810 | 5.2 mi |
| 46231 | Indianapolis, IN | 10,440 | 5.3 mi |
| 46214 | Indianapolis, IN | 24,306 | 6.2 mi |
| 46241 | Indianapolis, IN | 30,670 | 7.5 mi |
| 46224 | Indianapolis, IN | 35,094 | 7.9 mi |
| 46167 | Pittsboro, IN | 6,336 | 8.6 mi |
| 46254 | Indianapolis, IN | 38,095 | 9.0 mi |
| 46113 | Camby, IN | 14,063 | 10.3 mi |
More ZIP Codes in Hendricks County
Related Areas
Frequently Asked Questions
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How many businesses are in ZIP code 46123? ▼
What are the main industries in ZIP code 46123? ▼
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ZIP Code Research Guides
Official Data Resources for Avon, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.