Indianapolis, IN · standard
ZIP Code 46229
Marion County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 27,262
- 966/sq mi High-density area
- $61,388
- Median income Below-median income area
- $191,100
- Median home value Near-median home value
- 24.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Indianapolis pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.
- 32nd pct
- household income, US ZIPs
- 41st pct
- home value, US ZIPs
- 966
- people per sq mi
- 62%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46229 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 46229 (Indianapolis, IN) rose +4.8% from 2023 to 2024. The all-transactions index moved from 194.3 in 2023 to 203.6 in 2024 (2000 = 100).
ZIP code 46229 is a densely settled ZIP (a standard USPS delivery area) in Indianapolis, Marion County, Indiana, with 27,262 residents across 28.2 square miles, a density of 966 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46229 reports a modest median household income of $61,388 (17% below the average Indiana ZIP), while per-capita income is $31,449. The poverty rate is 11.3%, with unemployment at 6.5%; those measures add context to the income figure. Median home value is $191,100 (1% below the average Indiana ZIP) and median rent is $1,069; 61.6% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 24.0% of adults hold a bachelor's degree or higher, the median age is 36.6, and the average commute is 25 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Marion County, so 46229 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 46229
Top 5 sectors by establishment count in Indianapolis, IN
Which industries have the most business establishments in ZIP 46229.
- Retail trade
Retail trade
91 establishments
- Health care and social assistance
Health care and social assistance
82 establishments
- Other services (except public administration)
Other services (except public administration)
54 establishments
- Accommodation and food services
Accommodation and food services
51 establishments
- Construction
Construction
40 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 46229, Indianapolis, 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
27,262
Population
28.2
Area (sq mi)
966
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46229?
36.6
Median Age
47.4%
Male
52.6%
Female
6.8%
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?
$61,388
Median Household Income
-17% vs state ZIP avg
$31,449
Per Capita Income
11.3%
Poverty Rate
6.5%
Unemployment Rate
24.7 min
Mean Commute Time
How ZIP 46229 ranks among Indiana ZIPs
Indianapolis, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$61,388 29th percentile higher than 29% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana 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
12,133housing units
12,133
Total Housing Units
11,479
Occupied Units
654
Vacant Units
2.48
Avg Household Size
Occupancy Type
$191,100
Median Home Value
-1% vs state ZIP avg
$1,069
Median Rent
1978
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
+4.8%
YoY Change (2024)
204
HPI Index (2000 = 100)
+104%
Total Change Since 2000
Home values in ZIP 46229 have increased 4.8% over the past year (2024). Since 2000, this ZIP has seen +104% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +8.0% | 135 |
| 2021 | +15.0% | 155 |
| 2022 | +16.4% | 180 |
| 2023 | +7.7% | 194 |
| 2024 | +4.8% | 204 |
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 476 business establishments in ZIP 46229, employing approximately 6,478 people with a combined annual payroll of $278,188,000.
476
Businesses
6,478
Employees
$278.2M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 91 | 19.1% |
| Health care and social assistance | 82 | 17.2% |
| Other services (except public administration) | 54 | 11.3% |
| Accommodation and food services | 51 | 10.7% |
| Construction | 40 | 8.4% |
| Administrative and support and waste management and remediation services | 29 | 6.1% |
| Real estate and rental and leasing | 26 | 5.5% |
| Professional, scientific, and technical services | 26 | 5.5% |
| Finance and insurance | 23 | 4.8% |
| Transportation and warehousing | 16 | 3.4% |
| Wholesale trade | 10 | 2.1% |
| Information | 10 | 2.1% |
| Manufacturing | 9 | 1.9% |
| Arts, entertainment, and recreation | 6 | 1.3% |
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 46229 vs 46235 →
ZIP 46229 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46226
Indianapolis (46226)
43,904 residents
- 46219
Indianapolis (46219)
33,930 residents
- 46201
Indianapolis (46201)
30,962 residents
- 46235
Indianapolis (46235)
30,825 residents
- 46218
Indianapolis (46218)
29,028 residents
- 46236
Indianapolis (46236)
27,294 residents
- 46229
Indianapolis (46229)
27,262 residents
- 46239
Indianapolis (46239)
25,345 residents
- 46163 11,963
New Palestine (46163)
11,963 residents
What this shows Among its immediate neighbors, ZIP 46229 ranks #7 by population - useful context the national average alone can't give.
ZIP 46229 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46259
Indianapolis (46259)
$129,345 median income
- 46236
Indianapolis (46236)
$115,664 median income
- 46163
New Palestine (46163)
$113,106 median income
- 46239
Indianapolis (46239)
$100,331 median income
- 46229
Indianapolis (46229)
$61,388 median income
- 46219
Indianapolis (46219)
$60,803 median income
- 46235
Indianapolis (46235)
$58,951 median income
- 46216
Indianapolis (46216)
$53,161 median income
- 46226 $50,325
Indianapolis (46226)
$50,325 median income
What this shows By household income, ZIP 46229 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46235 | Indianapolis, IN | 30,825 | 3.4 mi |
| 46219 | Indianapolis, IN | 33,930 | 3.5 mi |
| 46239 | Indianapolis, IN | 25,345 | 4.7 mi |
| 46216 | Indianapolis, IN | 1,697 | 5.6 mi |
| 46236 | Indianapolis, IN | 27,294 | 7.1 mi |
| 46226 | Indianapolis, IN | 43,904 | 5.2 mi |
| 46163 | New Palestine, IN | 11,963 | 5.7 mi |
| 46218 | Indianapolis, IN | 29,028 | 6.6 mi |
| 46201 | Indianapolis, IN | 30,962 | 7.0 mi |
| 46259 | Indianapolis, IN | 11,617 | 9.5 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46229, 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 (27,262 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Marion County
Related Areas
Frequently Asked Questions
What county is ZIP code 46229 in?
ZIP code 46229 (Indianapolis) is located in Marion County, Indiana. Marion County contains multiple ZIP codes, see the full list at /counties/marion-in.
What is the population of ZIP code 46229?
ZIP code 46229 in Indianapolis, IN has a population of 27,262 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46229?
The median household income in ZIP 46229 is $61,388, which is 20% below the national average of $76,288.
What is the average home value in ZIP 46229?
The median home value in ZIP 46229 is $191,100, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 46229?
The largest racial group in ZIP 46229 is African American at 46.1%. Hispanic or Latino residents make up 12.9% of the population.
How many businesses are in ZIP code 46229?
ZIP code 46229 has 476 business establishments employing approximately 6,478 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46229?
The top industries by establishment count in ZIP 46229 are: Retail trade (91), Health care and social assistance (82), Other services (except public administration) (54). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 46229?
According to the FHFA House Price Index, home values in ZIP 46229 increased by 4.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 104%. 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 46229?
In ZIP code 46229, 56.9% of residents aged 25+ have a high school diploma or higher, and 24.0% 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 46229?
The mean commute time for workers in ZIP code 46229 is 24.7 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 46229?
In ZIP code 46229, approximately 61.6% of occupied housing units are owner-occupied and 38.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46229?
The poverty rate in ZIP code 46229 is 11.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
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What to do with ZIP 46229's numbers, next.
- See how ZIP 46229 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
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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.