ZIP Code 46228
standardSource:
Indianapolis · Marion County · Indiana
- Population
- 14,755
- Median income
- $91,156
- Median home value
- $254,500
- Bachelor's or higher
- 49.3%
- Land area
- 20.7 sq mi
713/sq mi
▲ 19% vs US
higher than 74% of US ZIPs
▼ 9% vs US
higher than 58% of US ZIPs
Median age 40.6
Indiana/Indianapolis
ZIP code 46228 in Indianapolis, Indiana has a population of 14,755. The median household income is $91,156, which is 19% above the national average. Median home value is $254,500, 9% below the US average. 49.3% of residents hold a bachelor's degree or higher.
ZIP code 46228 is classified by USPS as a standard delivery area and covers roughly 20.7 square miles in Indianapolis, Marion County, Indiana. The area is home to 14,755 residents, producing a population density of 713 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 46228 against Indiana and the nation.
On the economic side, the median household income for ZIP 46228 sits at $91,156 (24% above the Indiana average), while per-capita income is $44,979. The poverty rate stands at 8.3% and the unemployment rate at 3.5%. On housing, the median home value is $254,500 (32% above the state average) with median rent at $1,260 per month, and 84.4% of occupied units are owner-occupied, a direct signal of whether 46228 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 49.3% of adults hold a bachelor's degree or higher, the median age is 40.6, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 46228 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 46228
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 46228.
- Health care and social assistance
Health care and social assistance
31 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
27 establishments
- Other services (except public administration)
Other services (except public administration)
22 establishments
- Construction
Construction
21 establishments
- Real estate and rental and leasing
Real estate and rental and leasing
16 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 46228, Indianapolis, 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
14,755
Population
20.7
Area (sq mi)
713
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46228?
40.6
Median Age
46.8%
Male
53.2%
Female
13.5%
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?
$91,156
Median Household Income
+24% vs state
$44,979
Per Capita Income
8.3%
Poverty Rate
3.5%
Unemployment Rate
25.0 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?
6,445
Total Housing Units
6,083
Occupied Units
362
Vacant Units
2.57
Avg Household Size
Occupancy Type
$254,500
Median Home Value
+32% vs state
$1,260
Median Rent
1968
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
-2.0%
YoY Change (2024)
221
HPI Index (2000 = 100)
+121%
Total Change Since 2000
Home values in ZIP 46228 have decreased 2.0% over the past year (2024). Since 2000, this ZIP has seen +121% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +7.2% | 148 |
| 2021 | +15.2% | 171 |
| 2022 | +18.2% | 202 |
| 2023 | +12.0% | 226 |
| 2024 | -2.0% | 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 172 business establishments in ZIP 46228, employing approximately 883 people with a combined annual payroll of $35,968,000.
172
Businesses
883
Employees
$36.0M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 31 | 18.0% |
| Professional, scientific, and technical services | 27 | 15.7% |
| Other services (except public administration) | 22 | 12.8% |
| Construction | 21 | 12.2% |
| Real estate and rental and leasing | 16 | 9.3% |
| Administrative and support and waste management and remediation services | 13 | 7.6% |
| Retail trade | 11 | 6.4% |
| Accommodation and food services | 10 | 5.8% |
| Finance and insurance | 5 | 2.9% |
| Arts, entertainment, and recreation | 5 | 2.9% |
| Wholesale trade | 3 | 1.7% |
| Information | 3 | 1.7% |
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 46228 vs 46208 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46208 | Indianapolis, IN | 22,239 | 2.3 mi |
| 46260 | Indianapolis, IN | 32,406 | 3.5 mi |
| 46254 | Indianapolis, IN | 38,095 | 3.8 mi |
| 46222 | Indianapolis, IN | 34,044 | 4.1 mi |
| 46268 | Indianapolis, IN | 24,965 | 3.9 mi |
| 46205 | Indianapolis, IN | 25,356 | 3.7 mi |
| 46202 | Indianapolis, IN | 16,335 | 4.9 mi |
| 46224 | Indianapolis, IN | 35,094 | 4.7 mi |
| 46220 | Indianapolis, IN | 34,830 | 5.0 mi |
| 46204 | Indianapolis, IN | 5,125 | 5.8 mi |
More ZIP Codes in Marion County
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Frequently Asked Questions
What county is ZIP code 46228 in? ▼
What is the population of ZIP code 46228? ▼
What is the median household income in ZIP 46228? ▼
What is the average home value in ZIP 46228? ▼
What is the demographic makeup of ZIP 46228? ▼
How many businesses are in ZIP code 46228? ▼
What are the main industries in ZIP code 46228? ▼
How have home values changed in ZIP code 46228? ▼
What is the education level in ZIP code 46228? ▼
What is the average commute time in ZIP 46228? ▼
What percentage of residents own vs. rent in ZIP 46228? ▼
What is the poverty rate in ZIP code 46228? ▼
ZIP Code Research Guides
Official Data Resources for Indianapolis, 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.