ZIP 46219 - 860Z200US46219 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 46219 in Indianapolis, Indiana, for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 46219.

Population & Households

ZIP code 46219 is home to a population of 38,246 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This area supports 15,482 households, reflecting a solid base of families, singles, and professionals. With 17,028 total housing units, there’s a slight surplus of properties compared to occupied households, which could indicate potential availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 46219 stands at $57,811, positioning it as a middle-income area with reasonable affordability for many families and individuals. Housing costs align with this income level, with a median home value of $177,000—a figure that may appeal to first-time buyers or investors seeking properties at a moderate price point. For renters, the median monthly rent is $991, offering a more accessible option compared to owning in the current market. These figures suggest that 46219 strikes a balance between affordability and value, catering to a range of budgets.

Race & Ethnicity

ZIP 46219 reflects a diverse community, with a racial and ethnic composition that includes 53.7% White, 22.34% Black, 0.36% Asian, and 17.8% Hispanic residents. This diversity creates a vibrant cultural fabric, which can be a draw for those seeking an inclusive environment. For businesses, this mix offers opportunities to cater to varied customer preferences and needs, while homebuyers may appreciate the sense of community that comes from such a blend of backgrounds.

Key Facts

• Total population: 38,246 residents in 2023, indicating a sizable community.
• Total households: 15,482, supporting a mix of family and individual living arrangements.
• Total housing units: 17,028, suggesting some availability for new occupants.
• Median household income: $57,811, reflecting a middle-income economic base.
• Median home value: $177,000, offering potential affordability for buyers.
• Median rent: $991 per month, providing a viable option for renters.
• Diverse demographics: 53.7% White, 22.34% Black, 17.8% Hispanic, and 0.36% Asian.

What This Means for You

For homebuyers, ZIP 46219 presents an opportunity to purchase at a median value of $177,000, which is within reach for many, especially with a median household income of $57,811 supporting mortgage affordability. The slight surplus of housing units (17,028 total versus 15,482 households) may also mean less competition in certain segments of the market.

For real estate investors and agents, the combination of moderate home values and a diverse, sizable population of 38,246 suggests potential for both rental and resale markets. The median rent of $991 could yield reasonable returns, especially in a community with steady demand for housing.

For small-business owners, the diverse demographic makeup (including significant White, Black, and Hispanic populations) offers a chance to serve a broad customer base. With over 15,000 households, there’s a built-in local market for goods and services tailored to varied cultural and economic needs.

For analysts, the data points to a stable, middle-income area with diversity and housing availability—factors that could influence future growth or development trends in 46219.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 46219? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to inform your decisions, whether you’re buying a home, investing, or planning a business in a new area.