ZIP Code 46254
standardSource:
Indianapolis · Marion County · Indiana
- Population
- 38,095
- Median income
- $60,287
- Median home value
- $186,300
- Bachelor's or higher
- 31.3%
- Land area
- 35.4 sq mi
1,075/sq mi
▼ 21% vs US
higher than 29% of US ZIPs
▼ 33% vs US
higher than 40% of US ZIPs
Median age 33.2
Indiana/Indianapolis
ZIP code 46254 in Indianapolis, Indiana has a population of 38,095. The median household income is $60,287, which is 21% below the national average. Median home value is $186,300, 33% below the US average. 31.3% of residents hold a bachelor's degree or higher.
ZIP code 46254 is classified by USPS as a standard delivery area and covers roughly 35.4 square miles in Indianapolis, Marion County, Indiana. The area is home to 38,095 residents, producing a population density of 1,075 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 46254 against Indiana and the nation.
On the economic side, the median household income for ZIP 46254 sits at $60,287 (18% below the Indiana average), while per-capita income is $34,795. The poverty rate stands at 18.7% and the unemployment rate at 7.1%. On housing, the median home value is $186,300 (4% below the state average) with median rent at $1,067 per month, and 49.5% of occupied units are owner-occupied, a direct signal of whether 46254 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 31.3% of adults hold a bachelor's degree or higher, the median age is 33.2, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Marion County, so you can benchmark 46254 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 46254
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 46254.
- Retail trade
Retail trade
137 establishments
- Health care and social assistance
Health care and social assistance
134 establishments
- Accommodation and food services
Accommodation and food services
97 establishments
- Other services (except public administration)
Other services (except public administration)
60 establishments
- Finance and insurance 43
Finance and insurance
43 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 46254, 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
38,095
Population
35.4
Area (sq mi)
1,075
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46254?
33.2
Median Age
46.4%
Male
53.6%
Female
24.4%
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?
$60,287
Median Household Income
-18% vs state
$34,795
Per Capita Income
18.7%
Poverty Rate
7.1%
Unemployment Rate
22.4 min
Mean Commute Time
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?
17,870
Total Housing Units
16,813
Occupied Units
1,057
Vacant Units
2.41
Avg Household Size
Occupancy Type
$186,300
Median Home Value
-4% vs state
$1,067
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
+9.2%
YoY Change (2024)
229
HPI Index (2000 = 100)
+129%
Total Change Since 2000
Home values in ZIP 46254 have increased 9.2% over the past year (2024). Since 2000, this ZIP has seen +129% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +9.5% | 142 |
| 2021 | +11.6% | 158 |
| 2022 | +23.8% | 196 |
| 2023 | +7.0% | 210 |
| 2024 | +9.2% | 229 |
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 697 business establishments in ZIP 46254, employing approximately 13,246 people with a combined annual payroll of $896,403,000.
697
Businesses
13,246
Employees
$896.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 137 | 19.7% |
| Health care and social assistance | 134 | 19.2% |
| Accommodation and food services | 97 | 13.9% |
| Other services (except public administration) | 60 | 8.6% |
| Finance and insurance | 43 | 6.2% |
| Real estate and rental and leasing | 40 | 5.7% |
| Professional, scientific, and technical services | 35 | 5.0% |
| Construction | 32 | 4.6% |
| Administrative and support and waste management and remediation services | 30 | 4.3% |
| Transportation and warehousing | 23 | 3.3% |
| Wholesale trade | 20 | 2.9% |
| Arts, entertainment, and recreation | 13 | 1.9% |
| Manufacturing | 12 | 1.7% |
| Information | 11 | 1.6% |
| Educational services | 9 | 1.3% |
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 46254 vs 46224 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46224 | Indianapolis, IN | 35,094 | 3.8 mi |
| 46228 | Indianapolis, IN | 14,755 | 3.8 mi |
| 46278 | Indianapolis, IN | 8,197 | 3.5 mi |
| 46214 | Indianapolis, IN | 24,306 | 4.1 mi |
| 46268 | Indianapolis, IN | 24,965 | 4.0 mi |
| 46234 | Indianapolis, IN | 24,810 | 3.8 mi |
| 46222 | Indianapolis, IN | 34,044 | 5.0 mi |
| 46208 | Indianapolis, IN | 22,239 | 5.6 mi |
| 46112 | Brownsburg, IN | 33,662 | 6.0 mi |
| 46241 | Indianapolis, IN | 30,670 | 8.5 mi |
More ZIP Codes in Marion County
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Frequently Asked Questions
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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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.