ZIP 46235 - 860Z200US46235 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 46235, located in the Indianapolis area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 35,000 and a diverse cultural makeup, this area presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Using the latest data, we’ll break down key metrics to help you make informed decisions about living, investing, or operating in this ZIP code.

Population & Households

ZIP 46235 is home to a substantial population of 35,897 residents as of 2023. This figure reflects a vibrant community with a significant number of households—13,081 in total. These households are spread across 14,804 housing units, indicating a mix of occupied and vacant properties. For those looking to buy a home or invest in rental properties, this balance of population and housing stock suggests a stable demand for residences, though vacancy rates may warrant closer examination for specific neighborhoods within the ZIP code.

Income & Housing Costs

The median household income in ZIP 46235 stands at $56,160, providing a benchmark for affordability and economic activity in the area. When it comes to housing, the median home value is $169,300, which positions this ZIP code as a relatively accessible market for first-time homebuyers or investors seeking value-driven opportunities. For renters, the median rent is $923 per month, offering a more affordable alternative to homeownership in a market where housing costs remain moderate compared to national averages. These figures can help you gauge whether this area aligns with your budget or investment goals.

Race & Ethnicity

The demographic composition of ZIP 46235 reflects a richly diverse community. The largest racial group is Black, making up 56.58% of the population, followed by White residents at 18.43%. Hispanic individuals account for 17.07% of the population, while Asian residents represent a smaller share at 0.58%. This diversity shapes the cultural fabric of the area, influencing everything from local businesses to community events. For small-business owners and investors, understanding this mix can guide marketing strategies or property development plans to resonate with the community’s unique identity.

Key Facts

• Total population in ZIP 46235: 35,897 residents in 2023.
• Total households: 13,081, supporting a sizable community.
• Total housing units: 14,804, with a mix of occupied and vacant properties.
• Median household income: $56,160, reflecting moderate earning levels.
• Median home value: $169,300, offering accessible homeownership opportunities.
• Median rent: $923, providing affordable rental options.
• Racial diversity: Predominantly Black (56.58%), with significant White (18.43%) and Hispanic (17.07%) populations.

What This Means for You

For homebuyers, ZIP 46235 offers a promising market with median home values at $169,300, making it an attractive option for those seeking affordability in the Indianapolis region. The moderate median rent of $923 also means renting could be a viable short-term choice while exploring the area. Investors and real estate agents will find potential in the housing stock of 14,804 units, where a balance of occupied and vacant properties could signal opportunities for rental income or property flips—though due diligence on vacancy trends is advised. Small-business owners can leverage the diverse population of 35,897 and the cultural mix to tailor products or services, especially in sectors like food, retail, or community services that resonate with a majority Black and Hispanic demographic. Finally, analysts can use these metrics as a baseline for deeper studies on economic growth or housing demand in this ZIP code, ensuring data-driven insights for clients or stakeholders.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 46235? 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 costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture in any area.