PlainZIP

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
$103,485
Median income
$312,100
Median home value
40.3%
Bachelor's or higher

The verdict

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.

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 Indiana average), while per-capita income is $49,381. 2.7% of residents live below the poverty line, and the unemployment rate reads 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 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. To put 46123 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Hendricks County, for a geography-aware comparison.

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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 46123?

39.1

Median Age

49.1%

Male

50.9%

Female

7.2%

Foreign-Born

White 73.6%
African American 11.3%
Asian 4.5%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.0%
Hispanic or Latino 7.1%

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

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 64.6%
Bachelor's Degree or Higher 40.3%

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

Owner 80.4%
Renter 19.6%

$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 46123 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 46123 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 46123 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

46112 standard
Brownsburg, IN
Pop: 33,662
46168 standard
Plainfield, IN
Pop: 30,309
46122 standard
Danville, IN
Pop: 14,671
46167 standard
Pittsboro, IN
Pop: 6,336
46118 standard
Clayton, IN
Pop: 5,015
46149 standard
Lizton, IN
Pop: 1,890

Related Areas

Hendricks County Avon, IN Indiana

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.

Read our methodology to see how this data is sourced, computed, and verified.