ZIP Code 46237

standard

Source:

Indianapolis · Marion County · Indiana

Population
39,624

1,029/sq mi

Median income
$79,078

▲ 4% vs US

higher than 61% of US ZIPs

Median home value
$232,300

▼ 16% vs US

higher than 53% of US ZIPs

Bachelor's or higher
34.2%

Median age 37.6

Land area
38.5 sq mi

Indiana/Indianapolis

ZIP code 46237 in Indianapolis, Indiana has a population of 39,624. The median household income is $79,078, which is 4% above the national average. Median home value is $232,300, 16% below the US average. 34.2% of residents hold a bachelor's degree or higher.

ZIP code 46237 is classified by USPS as a standard delivery area and covers roughly 38.5 square miles in Indianapolis, Marion County, Indiana. The area is home to 39,624 residents, producing a population density of 1,029 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 46237 against Indiana and the nation.

On the economic side, the median household income for ZIP 46237 sits at $79,078 (7% above the Indiana average), while per-capita income is $39,917. The poverty rate stands at 8.0% and the unemployment rate at 2.9%. On housing, the median home value is $232,300 (20% above the state average) with median rent at $1,279 per month, and 68.9% of occupied units are owner-occupied, a direct signal of whether 46237 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 34.2% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 46237 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 46237

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 46237.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 46237, 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

39,624

Population

38.5

Area (sq mi)

1,029

People / sq mi

Indiana/Indianapolis

Time Zone

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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 46237?

37.6

Median Age

46.7%

Male

53.3%

Female

14.4%

Foreign-Born

White 70.6%
African American 5.4%
Asian 14.6%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.0%
Hispanic or Latino 6.4%

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?

$79,078

Median Household Income

+7% vs state

$39,917

Per Capita Income

8.0%

Poverty Rate

2.9%

Unemployment Rate

25.5 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 61.1%
Bachelor's Degree or Higher 34.2%

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

What does housing look like?

17,957

Total Housing Units

17,451

Occupied Units

506

Vacant Units

2.47

Avg Household Size

Occupancy Type

Owner 68.9%
Renter 31.1%

$232,300

Median Home Value

+20% vs state

$1,279

Median Rent

1995

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+2.7%

YoY Change (2024)

218

HPI Index (2000 = 100)

+118%

Total Change Since 2000

Home values in ZIP 46237 have increased 2.7% over the past year (2024). Since 2000, this ZIP has seen +118% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.8% 149
2021 +15.0% 171
2022 +15.8% 198
2023 +7.4% 213
2024 +2.7% 218

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 771 business establishments in ZIP 46237, employing approximately 15,080 people with a combined annual payroll of $792,324,000.

771

Businesses

15,080

Employees

$792.3M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 138 17.9%
Accommodation and food services 91 11.8%
Retail trade 79 10.3%
Construction 78 10.1%
Professional, scientific, and technical services 67 8.7%
Other services (except public administration) 60 7.8%
Administrative and support and waste management and remediation services 57 7.4%
Transportation and warehousing 56 7.3%
Finance and insurance 49 6.4%
Real estate and rental and leasing 33 4.3%
Wholesale trade 21 2.7%
Arts, entertainment, and recreation 17 2.2%
Manufacturing 10 1.3%
Educational services 8 1.0%
Information 5 0.7%

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 46237 vs 46227 →

ZIP Code City Population Distance
46227 Indianapolis, IN 57,086 3.0 mi
46107 Beech Grove, IN 12,774 3.1 mi
46203 Indianapolis, IN 38,950 4.6 mi
46259 Indianapolis, IN 11,617 4.9 mi
46184 Whiteland, IN 11,806 7.7 mi
46217 Indianapolis, IN 29,358 6.3 mi
46143 Greenwood, IN 48,555 5.8 mi
46239 Indianapolis, IN 25,345 5.3 mi
46201 Indianapolis, IN 30,962 7.2 mi
46219 Indianapolis, IN 33,930 7.8 mi

More ZIP Codes in Marion County

Frequently Asked Questions

What county is ZIP code 46237 in?
ZIP code 46237 (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 46237?
ZIP code 46237 in Indianapolis, IN has a population of 39,624 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46237?
The median household income in ZIP 46237 is $79,078, which is 4% above the national average of $76,288.
What is the average home value in ZIP 46237?
The median home value in ZIP 46237 is $232,300, which is 16% below the national average of $278,155.
What is the demographic makeup of ZIP 46237?
The largest racial group in ZIP 46237 is White at 70.6%. Hispanic or Latino residents make up 6.4% of the population.
How many businesses are in ZIP code 46237?
ZIP code 46237 has 771 business establishments employing approximately 15,080 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46237?
The top industries by establishment count in ZIP 46237 are: Health care and social assistance (138), Accommodation and food services (91), Retail trade (79). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 46237?
According to the FHFA House Price Index, home values in ZIP 46237 increased by 2.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 118%. 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 46237?
In ZIP code 46237, 61.1% of residents aged 25+ have a high school diploma or higher, and 34.2% 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 46237?
The mean commute time for workers in ZIP code 46237 is 25.5 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 46237?
In ZIP code 46237, approximately 68.9% of occupied housing units are owner-occupied and 31.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46237?
The poverty rate in ZIP code 46237 is 8.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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.

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