ZIP Code 46131
standardSource:
Franklin · Johnson County · Indiana
- Population
- 31,036
- Median income
- $85,076
- Median home value
- $247,700
- Bachelor's or higher
- 27.0%
- Land area
- 324.0 sq mi
96/sq mi
▲ 12% vs US
higher than 68% of US ZIPs
▼ 11% vs US
higher than 57% of US ZIPs
Median age 36.4
Indiana/Indianapolis
ZIP code 46131 in Franklin, Indiana has a population of 31,036. The median household income is $85,076, which is 12% above the national average. Median home value is $247,700, 11% below the US average. 27.0% of residents hold a bachelor's degree or higher.
ZIP code 46131 is classified by USPS as a standard delivery area and covers roughly 324.0 square miles in Franklin, Johnson County, Indiana. The area is home to 31,036 residents, producing a population density of 96 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 46131 against Indiana and the nation.
On the economic side, the median household income for ZIP 46131 sits at $85,076 (16% above the Indiana average), while per-capita income is $38,560. The poverty rate stands at 9.8% and the unemployment rate at 3.0%. On housing, the median home value is $247,700 (28% above the state average) with median rent at $1,177 per month, and 71.6% of occupied units are owner-occupied, a direct signal of whether 46131 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 27.0% of adults hold a bachelor's degree or higher, the median age is 36.4, and the average commute is 26 minutes. We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Johnson County, so you can benchmark 46131 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 46131
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$38,560
Per Capita Income
9.8%
Poverty Rate
3.0%
Unemployment Rate
26.3 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?
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
$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 →
More ZIP Codes in Johnson County
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Frequently Asked Questions
What county is ZIP code 46131 in? ▼
What is the population of ZIP code 46131? ▼
What is the median household income in ZIP 46131? ▼
What is the average home value in ZIP 46131? ▼
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How many businesses are in ZIP code 46131? ▼
What are the main industries in ZIP code 46131? ▼
How have home values changed in ZIP code 46131? ▼
What is the education level in ZIP code 46131? ▼
What is the average commute time in ZIP 46131? ▼
What percentage of residents own vs. rent in ZIP 46131? ▼
What is the poverty rate in ZIP code 46131? ▼
ZIP Code Research Guides
Official Data Resources for Franklin, 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.