ZIP 46228 - 860Z200US46228 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 46228, located in the Indianapolis area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 16,000 and a balanced mix of racial and ethnic groups, this area presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. From household income to housing costs, we’ve compiled key metrics to help you make informed decisions about living or working in 46228.

Population & Households

ZIP 46228 is home to 16,324 residents, making it a moderately sized community with a suburban feel near urban amenities. These individuals are distributed across 5,807 households, reflecting a mix of family and individual living arrangements. With 6,242 total housing units in the area, there’s a small buffer of available properties, which could indicate opportunities for buyers or investors looking to enter the market. Understanding the population and household dynamics in 46228 is crucial for gauging demand for housing, services, and local businesses.

Income & Housing Costs

The median household income in ZIP 46228 stands at $95,574, suggesting a relatively affluent community with solid earning potential. This income level supports a comfortable lifestyle and indicates purchasing power for local businesses. On the housing front, the median home value is $241,400, which positions 46228 as an accessible yet valuable market for homebuyers and investors. For renters, the median rent is $1,234 per month, reflecting a reasonable cost for those not ready to buy. These figures provide a benchmark for assessing affordability and investment potential in the area.

Race & Ethnicity

ZIP 46228 boasts a diverse population, with a racial composition that includes 41.35% White, 46.05% Black, 1.53% Asian, and 6.92% Hispanic residents. This diversity creates a vibrant community fabric, offering cultural richness and varied perspectives. For businesses, this mix can translate into a broad customer base with diverse needs and preferences. For families and individuals, it means a welcoming environment with opportunities for cross-cultural engagement. Understanding the demographic makeup of 46228 helps in planning for community services, marketing strategies, and social integration.

Key Facts

• Total population: 16,324 residents in ZIP 46228 as of 2023.
• Total households: 5,807, indicating a mix of family and solo living.
• Total housing units: 6,242, with some availability for new occupants.
• Median household income: $95,574, reflecting strong local earning power.
• Median home value: $241,400, a competitive price point for buyers.
• Median rent: $1,234, offering a viable option for renters.
• Racial diversity: Nearly balanced between White (41.35%) and Black (46.05%) residents, with smaller Hispanic (6.92%) and Asian (1.53%) populations.

What This Means for You

For homebuyers, ZIP 46228 offers a promising market with median home values at $241,400, which is accessible for many given the median household income of $95,574. The slight surplus of housing units (6,242 vs. 5,807 households) suggests you might find options without intense competition. For investors and real estate agents, the combination of reasonable home prices and a diverse, stable population points to potential for appreciation and rental demand, especially with median rents at $1,234. Small-business owners can benefit from a diverse customer base and solid local income levels, ideal for retail, services, or dining ventures tailored to varied cultural tastes. Finally, analysts can use these metrics to benchmark 46228 against nearby ZIP codes for deeper market or demographic studies. This data equips you with a foundation to act confidently in this community.

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