PlainZIP

Indianapolis, IN · standard

ZIP Code 46235

Marion County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

30,825
1,236/sq mi
$58,951
Median income
$185,800
Median home value
20.6%
Bachelor's or higher

The verdict

Indianapolis pairs a below-median household income with below-median home values, in a low-density, mixed-tenure area.

27th pct
household income, US ZIPs
40th pct
home value, US ZIPs
1,236
people per sq mi
54%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46235 against every reporting US ZIP.

ZIP code 46235 is a densely settled ZIP (a standard USPS delivery area) in Indianapolis, Marion County, Indiana, with 30,825 residents across 24.9 square miles, a density of 1,236 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 46235 reports a modest median household income of $58,951 (20% below the Indiana average), while per-capita income is $26,663. 21.0% of residents live below the poverty line, and the unemployment rate reads 7.9%. The typical home here is valued at $185,800 (4% below the state average); renters pay a median of $973 monthly, and 53.5% of units are owner-occupied.

Educational attainment sits below the national norm: 20.6% of adults hold a bachelor's degree or higher, the median age is 30.4, and the average commute is 28 minutes. To put 46235 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Marion County, for a geography-aware comparison.

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 46235

Top 5 sectors by establishment count in Indianapolis, IN

Which industries have the most business establishments in ZIP 46235.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 46235, 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

30,825

Population

24.9

Area (sq mi)

1,236

People / sq mi

Indiana/Indianapolis

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 46235?

30.4

Median Age

46.5%

Male

53.5%

Female

14.4%

Foreign-Born

White 21.6%
African American 58.1%
Asian 1.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.1%
Hispanic or Latino 14.8%

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?

$58,951

Median Household Income

-20% vs state

$26,663

Per Capita Income

21.0%

Poverty Rate

7.9%

Unemployment Rate

27.9 min

Mean Commute Time

How ZIP 46235 ranks nationally

Indianapolis, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$58,951 27th percentile higher than 27% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 54.8%
Bachelor's Degree or Higher 20.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

14,553

Total Housing Units

13,442

Occupied Units

1,111

Vacant Units

2.70

Avg Household Size

Occupancy Type

Owner 53.5%
Renter 46.5%

$185,800

Median Home Value

-4% vs state

$973

Median Rent

1988

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

+7.0%

YoY Change (2024)

206

HPI Index (2000 = 100)

+106%

Total Change Since 2000

Home values in ZIP 46235 have increased 7.0% over the past year (2024). Since 2000, this ZIP has seen +106% cumulative appreciation.

Year Annual Change HPI Index
2020 +9.4% 128
2021 +17.9% 151
2022 +26.3% 191
2023 +0.8% 192
2024 +7.0% 206

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 217 business establishments in ZIP 46235, employing approximately 3,952 people with a combined annual payroll of $245,912,000.

217

Businesses

3,952

Employees

$245.9M

Annual Payroll

12

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 55 25.4%
Retail trade 25 11.5%
Construction 20 9.2%
Administrative and support and waste management and remediation services 19 8.8%
Other services (except public administration) 19 8.8%
Transportation and warehousing 18 8.3%
Wholesale trade 14 6.5%
Real estate and rental and leasing 11 5.1%
Professional, scientific, and technical services 9 4.2%
Finance and insurance 8 3.7%
Accommodation and food services 7 3.2%
Manufacturing 5 2.3%

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 46235 vs 46229 →

ZIP 46235 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 46235 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 46235 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 46235 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
46229 Indianapolis, IN 27,262 3.4 mi
46236 Indianapolis, IN 27,294 3.8 mi
46216 Indianapolis, IN 1,697 2.7 mi
46226 Indianapolis, IN 43,904 4.0 mi
46256 Indianapolis, IN 23,647 5.1 mi
46055 Mccordsville, IN 10,193 5.0 mi
46219 Indianapolis, IN 33,930 5.2 mi
46239 Indianapolis, IN 25,345 8.0 mi
46037 Fishers, IN 35,891 8.6 mi
46218 Indianapolis, IN 29,028 6.9 mi

More ZIP Codes in Marion County

46227 standard
Indianapolis, IN
Pop: 57,086
46226 standard
Indianapolis, IN
Pop: 43,904
46237 standard
Indianapolis, IN
Pop: 39,624
46203 standard
Indianapolis, IN
Pop: 38,950
46254 standard
Indianapolis, IN
Pop: 38,095
46224 standard
Indianapolis, IN
Pop: 35,094

Related Areas

Marion County Indianapolis, IN Indiana

Frequently Asked Questions

What county is ZIP code 46235 in? ▼
ZIP code 46235 (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 46235? ▼
ZIP code 46235 in Indianapolis, IN has a population of 30,825 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46235? ▼
The median household income in ZIP 46235 is $58,951, which is 23% below the national average of $76,288.
What is the average home value in ZIP 46235? ▼
The median home value in ZIP 46235 is $185,800, which is 33% below the national average of $278,155.
What is the demographic makeup of ZIP 46235? ▼
The largest racial group in ZIP 46235 is African American at 58.1%. Hispanic or Latino residents make up 14.8% of the population.
How many businesses are in ZIP code 46235? ▼
ZIP code 46235 has 217 business establishments employing approximately 3,952 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46235? ▼
The top industries by establishment count in ZIP 46235 are: Health care and social assistance (55), Retail trade (25), Construction (20). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 46235? ▼
According to the FHFA House Price Index, home values in ZIP 46235 increased by 7.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 106%. 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 46235? ▼
In ZIP code 46235, 54.8% of residents aged 25+ have a high school diploma or higher, and 20.6% 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 46235? ▼
The mean commute time for workers in ZIP code 46235 is 27.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46235? ▼
In ZIP code 46235, approximately 53.5% of occupied housing units are owner-occupied and 46.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46235? ▼
The poverty rate in ZIP code 46235 is 21.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.