CoverFi
Data updated 2026-10-07

ZIP Code 46254 · Indianapolis, IN

Marion County · pop 40,674 · ACS 2020–2024

The median household income in ZIP Code 46254 (Indianapolis, IN) is $60,287, higher than 23% of the other ZIP Codes in Indiana.

Its FHFA home price index changed +65.8% over the five years to 2025.

01 — Where it stands

$60,287
Median household income
± $3,806 MOE
$186,300
Median home value
± $9,602 MOE
$1,067
Median gross rent
18.7%
Poverty rate
Percentiles for ZIP Code 46254 within Marion County, Indiana and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$60,287 ± $3,80640th percentile (36 ZIP Codes compared)23rd percentile (590 ZIP Codes compared)26th percentile (22,922 ZIP Codes compared)
Per capita income$34,79542nd percentile (36 ZIP Codes compared)47th percentile (590 ZIP Codes compared)40th percentile (22,922 ZIP Codes compared)
Poverty rate18.7%68th percentile (36 ZIP Codes compared)86th percentile (590 ZIP Codes compared)80th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher31.3%42nd percentile (36 ZIP Codes compared)81st percentile (590 ZIP Codes compared)63rd percentile (22,922 ZIP Codes compared)
Owner-occupied homes49.5%31st percentile (36 ZIP Codes compared)5th percentile (590 ZIP Codes compared)10th percentile (22,922 ZIP Codes compared)
Housing vacancy rate5.9%34th percentile (36 ZIP Codes compared)31st percentile (590 ZIP Codes compared)29th percentile (22,922 ZIP Codes compared)
Median home value$186,300 ± $9,60231st percentile (36 ZIP Codes compared)49th percentile (589 ZIP Codes compared)33rd percentile (22,833 ZIP Codes compared)
Median gross rent$1,06711th percentile (36 ZIP Codes compared)74th percentile (590 ZIP Codes compared)49th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.48077th percentile (36 ZIP Codes compared)91st percentile (590 ZIP Codes compared)82nd percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$48,96522nd percentile (36 ZIP Codes compared)6th percentile (583 ZIP Codes compared)9th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more1.7%40th percentile (36 ZIP Codes compared)23rd percentile (583 ZIP Codes compared)20th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+65.8%88th percentile (35 ZIP Codes compared)83rd percentile (553 ZIP Codes compared)81st percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents17.142nd percentile (36 ZIP Codes compared)47th percentile (590 ZIP Codes compared)41st percentile (22,700 ZIP Codes compared)
Average annual pay per employee$67,67365th percentile (36 ZIP Codes compared)91st percentile (587 ZIP Codes compared)87th percentile (22,551 ZIP Codes compared)

Percentile groups: Marion County · Indiana · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+2.6%
1-year change
2024–2025
+65.8%
5-year change
2020–2025
+132.5%
10-year change
2015–2025

Home price index — ZIP Code 46254

Home price index, ZIP Code 46254, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 235.7 in 2025. Every value is listed in the data table below the chart.50100150200250200020052010201520202025235.7

FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 46254
YearIndexAnnual change
2000100.0+1.6%
2001104.7+4.7%
2002106.6+1.8%
2003107.1+0.5%
2004107.5+0.4%
2005105.6−1.8%
2006107.9+2.2%
2007109.1+1.1%
2008104.4−4.4%
2009101.0−3.2%
2010102.2+1.2%
201194.4−7.6%
201292.0−2.6%
201397.4+5.9%
2014101.0+3.7%
2015101.4+0.4%
2016102.5+1.1%
2017115.3+12.4%
2018119.2+3.4%
2019129.8+8.9%
2020142.2+9.6%
2021159.1+11.9%
2022195.4+22.8%
2023210.4+7.7%
2024229.8+9.3%
2025235.7+2.6%

03 — Nearby ZIP Codes

ZIP Code 46254 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
46254Indianapolis, INthis ZIP Code$60,287$186,30018.7%+65.8%
46278Indianapolis, IN3.4 mi$158,648$408,9004.8%+52.0%
46228Indianapolis, IN3.7 mi$91,156$254,5008.3%+62.7%
46224Indianapolis, IN3.7 mi$55,986$181,60016.9%+59.9%
46268Indianapolis, IN3.9 mi$68,631$229,60011.4%+60.6%
46234Indianapolis, IN4.0 mi$83,190$241,9009.4%+57.1%
46214Indianapolis, IN4.0 mi$59,178$201,80013.3%+47.6%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

697
Establishments
13,246
Employees
$896.4M
Annual payroll
$67,673
Average pay per employee
Establishments by sector, ZIP Code 46254
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Retail trade13719.7%12.4%1.6×
Health care & social assistance13419.2%11.9%1.6×
Accommodation & food services9713.9%9.3%1.5×
Other services608.6%9.5%0.9×
Finance & insurance436.2%5.5%1.1×
Real estate & rental405.7%5.5%1.0×
Professional, scientific & technical services355.0%11.7%0.4×
Construction324.6%9.6%0.5×
Administrative & support services304.3%5.3%0.8×
Transportation & warehousing233.3%3.3%1.0×
All other sectors659.3%12.7%0.7×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.