Indianapolis, IN · standard
ZIP Code 46234
Marion County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 24,810
- 752/sq mi High-density area
- $83,190
- Median income Near-median income area
- $241,900
- Median home value Near-median home value
- 37.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Indianapolis pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 34%
- household income, US ZIPs
- Top 45%
- home value, US ZIPs
- 752
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46234 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 46234 (Indianapolis, IN) fell -2.6% from 2023 to 2024. The all-transactions index moved from 204.3 in 2023 to 198.9 in 2024 (2000 = 100).
ZIP code 46234 is a densely settled ZIP (a standard USPS delivery area) in Indianapolis, Marion County, Indiana, with 24,810 residents across 33.0 square miles, a density of 752 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46234 lands in the middle-income range, with a median household income of $83,190 (13% above the average Indiana ZIP), while per-capita income is $40,272. The poverty rate is 9.4%, with unemployment at 2.5%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $241,900 (25% above the average Indiana ZIP), while 76.5% of occupied homes are owner-occupied and median rent is $1,559.
A solid share of residents have a four-year degree: 37.1% of adults hold a bachelor's degree or higher, the median age is 37.9, 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 46234 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 46234
Top 5 sectors by establishment count in Indianapolis, IN
Which industries have the most business establishments in ZIP 46234.
- Construction
Construction
38 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
36 establishments
- Retail trade
Retail trade
31 establishments
- Health care and social assistance
Health care and social assistance
30 establishments
- Other services (except public administration)
Other services (except public administration)
30 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 46234, 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
24,810
Population
33.0
Area (sq mi)
752
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46234?
37.9
Median Age
50.3%
Male
49.7%
Female
14.9%
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?
$83,190
Median Household Income
+13% vs state ZIP avg
$40,272
Per Capita Income
9.4%
Poverty Rate
2.5%
Unemployment Rate
25.2 min
Mean Commute Time
How ZIP 46234 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)
$83,190 Top 26% higher than 74% 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
11,151housing units
11,151
Total Housing Units
10,692
Occupied Units
459
Vacant Units
2.63
Avg Household Size
Occupancy Type
$241,900
Median Home Value
+25% vs state ZIP avg
$1,559
Median Rent
1994
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
-2.6%
YoY Change (2024)
199
HPI Index (2000 = 100)
+99%
Total Change Since 2000
Home values in ZIP 46234 have decreased 2.6% over the past year (2024). Since 2000, this ZIP has seen +99% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.9% | 135 |
| 2021 | +14.5% | 154 |
| 2022 | +17.2% | 181 |
| 2023 | +12.8% | 204 |
| 2024 | -2.6% | 199 |
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 303 business establishments in ZIP 46234, employing approximately 3,249 people with a combined annual payroll of $137,718,000.
303
Businesses
3,249
Employees
$137.7M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 38 | 12.5% |
| Professional, scientific, and technical services | 36 | 11.9% |
| Retail trade | 31 | 10.2% |
| Health care and social assistance | 30 | 9.9% |
| Other services (except public administration) | 30 | 9.9% |
| Administrative and support and waste management and remediation services | 28 | 9.2% |
| Real estate and rental and leasing | 25 | 8.3% |
| Accommodation and food services | 23 | 7.6% |
| Transportation and warehousing | 16 | 5.3% |
| Wholesale trade | 13 | 4.3% |
| Finance and insurance | 9 | 3.0% |
| Arts, entertainment, and recreation | 9 | 3.0% |
| Manufacturing | 7 | 2.3% |
| Educational services | 4 | 1.3% |
| Information | 3 | 1.0% |
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 46234 vs 46214 →
ZIP 46234 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46254
Indianapolis (46254)
38,095 residents
- 46224
Indianapolis (46224)
35,094 residents
- 46222
Indianapolis (46222)
34,044 residents
- 46112
Brownsburg (46112)
33,662 residents
- 46123
Avon (46123)
31,754 residents
- 46241
Indianapolis (46241)
30,670 residents
- 46234
Indianapolis (46234)
24,810 residents
- 46214
Indianapolis (46214)
24,306 residents
- 46228 14,755
Indianapolis (46228)
14,755 residents
What this shows Among its immediate neighbors, ZIP 46234 ranks #7 by population - useful context the national average alone can't give.
ZIP 46234 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46278
Indianapolis (46278)
$158,648 median income
- 46112
Brownsburg (46112)
$112,565 median income
- 46123
Avon (46123)
$103,485 median income
- 46228
Indianapolis (46228)
$91,156 median income
- 46234
Indianapolis (46234)
$83,190 median income
- 46231
Indianapolis (46231)
$71,825 median income
- 46254 $60,287
Indianapolis (46254)
$60,287 median income
- 46214 $59,178
Indianapolis (46214)
$59,178 median income
- 46224 $55,986
Indianapolis (46224)
$55,986 median income
What this shows By household income, ZIP 46234 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46214 | Indianapolis, IN | 24,306 | 2.4 mi |
| 46224 | Indianapolis, IN | 35,094 | 3.9 mi |
| 46254 | Indianapolis, IN | 38,095 | 3.8 mi |
| 46231 | Indianapolis, IN | 10,440 | 6.7 mi |
| 46112 | Brownsburg, IN | 33,662 | 4.7 mi |
| 46278 | Indianapolis, IN | 8,197 | 5.9 mi |
| 46123 | Avon, IN | 31,754 | 5.2 mi |
| 46222 | Indianapolis, IN | 34,044 | 6.1 mi |
| 46241 | Indianapolis, IN | 30,670 | 6.8 mi |
| 46228 | Indianapolis, IN | 14,755 | 7.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46234, 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 (24,810 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 46234 in?
ZIP code 46234 (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 46234?
ZIP code 46234 in Indianapolis, IN has a population of 24,810 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46234?
The median household income in ZIP 46234 is $83,190, which is 9% above the national average of $76,288.
What is the average home value in ZIP 46234?
The median home value in ZIP 46234 is $241,900, which is 13% below the national average of $278,155.
What is the demographic makeup of ZIP 46234?
The largest racial group in ZIP 46234 is White at 58.8%. Hispanic or Latino residents make up 10.7% of the population.
How many businesses are in ZIP code 46234?
ZIP code 46234 has 303 business establishments employing approximately 3,249 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46234?
The top industries by establishment count in ZIP 46234 are: Construction (38), Professional, scientific, and technical services (36), Retail trade (31). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 46234?
According to the FHFA House Price Index, home values in ZIP 46234 decreased by 2.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 99%. 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 46234?
In ZIP code 46234, 63.6% of residents aged 25+ have a high school diploma or higher, and 37.1% 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 46234?
The mean commute time for workers in ZIP code 46234 is 25.2 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 46234?
In ZIP code 46234, approximately 76.5% of occupied housing units are owner-occupied and 23.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46234?
The poverty rate in ZIP code 46234 is 9.4% 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 46234's numbers, next.
- See how ZIP 46234 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Indianapolis, 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.