Avon, IN · standard
ZIP Code 46123
Hendricks County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 31,754
- 400/sq mi High-density area
- $103,485
- Median income Above-median income area
- $312,100
- Median home value Above-median home value
- 40.3%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Avon pairs an upper-quartile household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 17%
- household income, US ZIPs
- Top 32%
- home value, US ZIPs
- 400
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46123 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 46123 (Avon, IN) rose +8.2% from 2023 to 2024. The all-transactions index moved from 189.8 in 2023 to 205.3 in 2024 (2000 = 100).
ZIP code 46123 is a densely settled ZIP (a standard USPS delivery area) in Avon, Hendricks County, Indiana, with 31,754 residents across 79.4 square miles, a density of 400 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46123 lands in the middle-income range, with a median household income of $103,485 (41% above the average Indiana ZIP), while per-capita income is $49,381. Both reported hardship measures are comparatively low in absolute terms: poverty is 2.7% and unemployment is 2.5%. Housing is both higher-cost and owner-heavy: median home value is $312,100 (61% above the average Indiana ZIP), while 80.4% of occupied homes are owner-occupied and median rent is $1,451.
A solid share of residents have a four-year degree: 40.3% of adults hold a bachelor's degree or higher, the median age is 39.1, and the average commute is 24 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Hendricks County, so 46123 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 46123
Top 5 sectors by establishment count in Avon, IN
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$49,381
Per Capita Income
2.7%
Poverty Rate
2.5%
Unemployment Rate
24.0 min
Mean Commute Time
How ZIP 46123 ranks nationally
Avon, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$103,485 Top 17% higher than 83% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
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?
Housing stock: occupied vs vacant
16,942housing units
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 ZIP avg
$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 46123 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46254
Indianapolis (46254)
38,095 residents
- 46224
Indianapolis (46224)
35,094 residents
- 46112
Brownsburg (46112)
33,662 residents
- 46123
Avon (46123)
31,754 residents
- 46241
Indianapolis (46241)
30,670 residents
- 46168
Plainfield (46168)
30,309 residents
- 46234
Indianapolis (46234)
24,810 residents
- 46214
Indianapolis (46214)
24,306 residents
- 46113 14,063
Camby (46113)
14,063 residents
What this shows Among its immediate neighbors, ZIP 46123 ranks #4 by population - useful context the national average alone can't give.
ZIP 46123 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46167
Pittsboro (46167)
$122,723 median income
- 46112
Brownsburg (46112)
$112,565 median income
- 46123
Avon (46123)
$103,485 median income
- 46168
Plainfield (46168)
$90,000 median income
- 46113
Camby (46113)
$84,463 median income
- 46234
Indianapolis (46234)
$83,190 median income
- 46231
Indianapolis (46231)
$71,825 median income
- 46254
Indianapolis (46254)
$60,287 median income
- 46214
Indianapolis (46214)
$59,178 median income
What this shows By household income, ZIP 46123 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46123, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (31,754 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Hendricks County
Related Areas
Frequently Asked Questions
What county is ZIP code 46123 in?
ZIP code 46123 (Avon) is located in Hendricks County, Indiana. Hendricks County contains multiple ZIP codes, see the full list at /counties/hendricks-in.
What is the population of ZIP code 46123?
ZIP code 46123 in Avon, IN has a population of 31,754 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46123?
The median household income in ZIP 46123 is $103,485, which is 36% above the national average of $76,288.
What is the average home value in ZIP 46123?
The median home value in ZIP 46123 is $312,100, which is 12% above the national average of $278,155.
What is the demographic makeup of ZIP 46123?
The largest racial group in ZIP 46123 is White at 73.6%. Hispanic or Latino residents make up 7.1% of the population.
How many businesses are in ZIP code 46123?
ZIP code 46123 has 941 business establishments employing approximately 14,871 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46123?
The top industries by establishment count in ZIP 46123 are: Health care and social assistance (130), Retail trade (128), Other services (except public administration) (107). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 46123?
According to the FHFA House Price Index, home values in ZIP 46123 increased by 8.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 46123?
In ZIP code 46123, 64.6% of residents aged 25+ have a high school diploma or higher, and 40.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 46123?
The mean commute time for workers in ZIP code 46123 is 24.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46123?
In ZIP code 46123, approximately 80.4% of occupied housing units are owner-occupied and 19.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46123?
The poverty rate in ZIP code 46123 is 2.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 46123's numbers, next.
- See how ZIP 46123 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Avon, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.