ZIP Code 46231 Demographics

Marion County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 46231 compared to county averages.

Total Population

11,209

↓ 98.8% vs county

Median HH Income

$73,087

↑ +22.8% vs county

Median Home Value

$176,500

↓ 4.1% vs county

Median Age

37.7 yrs

↓ +9.6% vs county

Unemployment Rate

4.2%

↑ 24.0% vs county

Income & Housing Comparison

How ZIP 46231 compares to Marion County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 46231 $73k Marion $60k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 46231 $177k Marion $184k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

8.0%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

77.7%

of occupied housing units are owner-occupied

Median Gross Rent

$1,407

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 46231 using local Census metrics.

Median Home Value$176,500
Down Payment (20%)$35,300
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,120P&I: $892 | Tax: $177 | Ins: $51
Rent (Local Median)
$1,407
Buying is CheaperBuying a home is estimated to save you $287/month compared to local rents.

How Does 46231 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 46231 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 46231, sorted by distance.

46241 3.0 mi away marion county 46168 4.2 mi away hendricks county 46221 4.8 mi away marion county 46183 4.8 mi away marion county 46113 5.8 mi away marion county 46217 7.4 mi away marion county 46158 9.7 mi away morgan county 46142 10.2 mi away johnson county

About Marion County

Marion County is located in Indiana and has a total population of 971,737. The county's median household income is $59,504 and median home value is $184,100. ZIP code 46231 is one of many ZCTAs within this county.

View all ZIP codes in Marion County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.