Franklin, IN · standard
ZIP Code 46131
Johnson County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 31,036
- 96/sq mi Moderate-density area
- $85,076
- Median income Above-median income area
- $247,700
- Median home value Near-median home value
- 27.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Franklin pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 32%
- household income, US ZIPs
- Top 43%
- home value, US ZIPs
- 96
- people per sq mi
- 72%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46131 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 46131 (Franklin, IN) rose +1.9% from 2023 to 2024. The all-transactions index moved from 216.5 in 2023 to 220.6 in 2024 (2000 = 100).
ZIP code 46131 is a densely settled ZIP (a standard USPS delivery area) in Franklin, Johnson County, Indiana, with 31,036 residents across 324.0 square miles, a density of 96 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46131 lands in the middle-income range, with a median household income of $85,076 (16% above the average Indiana ZIP), while per-capita income is $38,560. The poverty rate is 9.8%, with unemployment at 3.0%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $247,700 (28% above the average Indiana ZIP), while 71.6% of occupied homes are owner-occupied and median rent is $1,177.
Educational attainment sits below the national norm: 27.0% of adults hold a bachelor's degree or higher, the median age is 36.4, and the average commute is 26 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Johnson County, so 46131 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 46131
Top 5 sectors by establishment count in Franklin, IN
Which industries have the most business establishments in ZIP 46131.
- Health care and social assistance
Health care and social assistance
94 establishments
- Construction
Construction
93 establishments
- Retail trade
Retail trade
88 establishments
- Other services (except public administration)
Other services (except public administration)
85 establishments
- Accommodation and food services
Accommodation and food services
77 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 46131, Franklin, 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
31,036
Population
324.0
Area (sq mi)
96
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46131?
36.4
Median Age
47.5%
Male
52.5%
Female
2.5%
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?
$85,076
Median Household Income
+16% vs state ZIP avg
$38,560
Per Capita Income
9.8%
Poverty Rate
3.0%
Unemployment Rate
26.3 min
Mean Commute Time
How ZIP 46131 ranks nationally
Franklin, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$85,076 Top 32% higher than 68% 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
13,324housing units
13,324
Total Housing Units
12,494
Occupied Units
830
Vacant Units
2.64
Avg Household Size
Occupancy Type
$247,700
Median Home Value
+28% vs state ZIP avg
$1,177
Median Rent
1991
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
+1.9%
YoY Change (2024)
221
HPI Index (2000 = 100)
+121%
Total Change Since 2000
Home values in ZIP 46131 have increased 1.9% over the past year (2024). Since 2000, this ZIP has seen +121% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +6.2% | 147 |
| 2021 | +10.1% | 162 |
| 2022 | +20.7% | 195 |
| 2023 | +10.9% | 217 |
| 2024 | +1.9% | 221 |
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 768 business establishments in ZIP 46131, employing approximately 14,225 people with a combined annual payroll of $713,170,000.
768
Businesses
14,225
Employees
$713.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 94 | 12.2% |
| Construction | 93 | 12.1% |
| Retail trade | 88 | 11.5% |
| Other services (except public administration) | 85 | 11.1% |
| Accommodation and food services | 77 | 10.0% |
| Professional, scientific, and technical services | 64 | 8.3% |
| Manufacturing | 60 | 7.8% |
| Finance and insurance | 42 | 5.5% |
| Wholesale trade | 32 | 4.2% |
| Real estate and rental and leasing | 30 | 3.9% |
| Administrative and support and waste management and remediation services | 29 | 3.8% |
| Transportation and warehousing | 24 | 3.1% |
| Arts, entertainment, and recreation | 17 | 2.2% |
| Information | 15 | 1.9% |
| Educational services | 10 | 1.3% |
| Utilities | 6 | 0.8% |
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 46131 vs 46184 →
ZIP 46131 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46143
Greenwood (46143)
48,555 residents
- 46131
Franklin (46131)
31,036 residents
- 46142
Greenwood (46142)
30,413 residents
- 46184 11,806
Whiteland (46184)
11,806 residents
- 46124 8,127
Edinburgh (46124)
8,127 residents
- 46181 4,832
Trafalgar (46181)
4,832 residents
- 46110 500
Boggstown (46110)
500 residents
- 46162 458
Needham (46162)
458 residents
What this shows Among its immediate neighbors, ZIP 46131 ranks #2 by population - useful context the national average alone can't give.
ZIP 46131 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46162
Needham (46162)
$117,969 median income
- 46184
Whiteland (46184)
$99,865 median income
- 46143
Greenwood (46143)
$91,496 median income
- 46181
Trafalgar (46181)
$91,337 median income
- 46142
Greenwood (46142)
$89,001 median income
- 46131
Franklin (46131)
$85,076 median income
- 46110
Boggstown (46110)
$68,714 median income
- 46124
Edinburgh (46124)
$64,466 median income
What this shows By household income, ZIP 46131 ranks #6 of 8 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46131, 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 (31,036 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Johnson County
Related Areas
Frequently Asked Questions
What county is ZIP code 46131 in?
ZIP code 46131 (Franklin) is located in Johnson County, Indiana. Johnson County contains multiple ZIP codes, see the full list at /counties/johnson-in.
What is the population of ZIP code 46131?
ZIP code 46131 in Franklin, IN has a population of 31,036 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46131?
The median household income in ZIP 46131 is $85,076, which is 12% above the national average of $76,288.
What is the average home value in ZIP 46131?
The median home value in ZIP 46131 is $247,700, which is 11% below the national average of $278,155.
What is the demographic makeup of ZIP 46131?
The largest racial group in ZIP 46131 is White at 91.5%. Hispanic or Latino residents make up 2.5% of the population.
How many businesses are in ZIP code 46131?
ZIP code 46131 has 768 business establishments employing approximately 14,225 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46131?
The top industries by establishment count in ZIP 46131 are: Health care and social assistance (94), Construction (93), Retail trade (88). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 46131?
According to the FHFA House Price Index, home values in ZIP 46131 increased by 1.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 121%. 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 46131?
In ZIP code 46131, 59.5% of residents aged 25+ have a high school diploma or higher, and 27.0% 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 46131?
The mean commute time for workers in ZIP code 46131 is 26.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46131?
In ZIP code 46131, approximately 71.6% of occupied housing units are owner-occupied and 28.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46131?
The poverty rate in ZIP code 46131 is 9.8% 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 46131's numbers, next.
- See how ZIP 46131 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Franklin, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.