Residential delivery area · Indiana
ZIP Code 46240: Indianapolis, IN
ZIP code 46240 is in Indianapolis, Indiana, mostly in Marion County (98% of its land) with the rest in Hamilton County (Census 2020 ZIP-county file). About 20,000 people live there (Census Bureau, ACS 2020-2024), the 27th most populous of Indianapolis's 38 residential ZIP codes. Median household income is $75,156 (Census Bureau, ACS 2020-2024). By Census place, its land lies in Indianapolis (88%), Meridian Hills (6%) and Williams Creek (3%), and 2% in smaller places.
- ACS2020-24
- Census2020
- FHFA2025
- ZBP2023
- IRS2022
- Town
- Indianapolis · 38 residential ZIPs
- County
- Marion County (98%); Hamilton County (2%)
- Census places
- Indianapolis (88%); Meridian Hills (6%); Williams Creek (3%)
- Metro area
- Indianapolis-Carmel-Greenwood, IN
- House districts
- IN-7 (98%), IN-5 (2%) 119th Congress, by share of land
- State
- Indiana
- Time zone
- Eastern
- Land area
- 9.4 sq mi · 2,091 people per sq mi
- PO Box ZIPs
- 25 more ZIP codes use the name Indianapolis for PO boxes or single organizations
Where is ZIP code 46240?
46240 centers on 39.906°, -86.125° and covers 9.4 square miles of land plus 1.0 of water. It borders 5 ZIP codes: 46280, 46220, 46290, 46260, 46250.
The map draws ZIP code areas only. For the streets inside 46240, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 46240 compare with the rest of Indianapolis?
| Measure | 46240 | In Indianapolis | In IN |
|---|---|---|---|
| People (ACS 2020-2024) | 19,595 | 27th of 38 | 131st of 807 |
| Median household income | $75k | 13th of 36 | 193rd of 478 |
| Median home value | $348k | 5th of 36 | 21st of 509 |
Its median household income is higher than in 55% of U.S. residential ZIP codes, and it is denser than 85% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 46240?
The 2020 Census counted 20,148 people in 46240; the ACS, which samples households over 2020-2024, estimates 19,595. Between the 2010 and 2020 censuses its population grew 7.6% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 19,595
- 2020 Census count
- 20,148+7.6% since 2010 (18,731)
- Households
- 10,041
- Median age
- 37.3
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 46240?
Of the 19,595 people the ACS estimates in 46240, 16.9% are under 18 and 18.1% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (75.1%).
- Under 1816.9%
- 18 to 6465.0%
- 65 and older18.1%
- White, not Hispanic75.1%
- Black, not Hispanic8.0%
- Other or two or more6.2%
- Hispanic or Latino5.8%
- Asian, not Hispanic4.8%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 46240 earn?
Median household income is $75,156 (ACS 2020-2024), the 13th highest of the 36 ranked ZIP codes in Indianapolis. It is not measurably different from 2015-2019 ($75,978 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $75,156
- Income per person
- $61,625
- Below the poverty line
- 8.6%
- Unemployed (of the labor force)
- 3.6%
- Adults 25+ with a bachelor's degree
- 62.1%
- Adjusted gross income per tax return, 2022
- $148,85610,920 returns; wages 51% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 46240?
FHFA's house price index for 46240, built from repeat sales and appraisals of the same homes, rose 89% from 2015 to 2025 and rose 49% from 2020 to 2025, and moved +3.0% in 2025.
- Median home value (owners' estimate)
- $348,000
- Median gross rent
- $1,311
- Homes owned by their occupants
- 46.0%
- Housing units
- 11,749
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.
What businesses are in 46240?
1,634 business establishments had a location in this ZIP code in 2023, 1 more than in 2018; the most are in finance and insurance (ZIP Code Business Patterns).
- Finance and insurance292
- Professional, scientific, and technical services276
- Retail trade192
- Health care and social assistance188
- Real estate and rental and leasing145
- Accommodation and food services121
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 46240?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 46280 | Indianapolis | 7,514 | $91k | 2.0 mi |
| 46220 | Indianapolis | 36,952 | $108k | 2.8 mi |
| 46290 | Indianapolis | 81 | – | 2.8 mi |
| 46260 | Indianapolis | 35,707 | $73k | 2.9 mi |
| 46250 | Indianapolis | 18,147 | $67k | 3.3 mi |
| 46032 | Carmel | 51,515 | $132k | 5.0 mi (near) |
| 46205 | Indianapolis | 28,259 | $72k | 5.3 mi (near) |
| 46033 | Carmel | 40,881 | $153k | 5.5 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.