ZIP Code 46231

ZIP code 46231 is classified by USPS as a standard delivery area and covers roughly 32.1 square miles in Indianapolis, Marion County, Indiana. The area is home to 10,440 residents, producing a population density of 326 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 46231 against Indiana and the nation.

On the economic side, the median household income for ZIP 46231 sits at $71,825 (2% below the Indiana average), while per-capita income is $33,971. The poverty rate stands at 12.0% and the unemployment rate at 3.5%. On housing, the median home value is $219,600 (13% above the state average) with median rent at $1,254 per month, and 78.7% of occupied units are owner-occupied, a direct signal of whether 46231 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 24.5% of adults hold a bachelor's degree or higher, the median age is 40.4, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 46231 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 →