ZIP 46236 - 860Z200US46236 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 46236, located in the Indianapolis area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 26,000 and a strong median household income, this area presents a blend of suburban stability and diversity. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing in 46236.

Population & Households

ZIP 46236 is home to 26,049 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,876 households, reflecting a solid residential base. With 10,168 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for properties in the area. This balance suggests a stable housing market with room for growth or turnover, depending on your goals.

Income & Housing Costs

One of the standout metrics for ZIP 46236 is its median household income of $117,530, which signals a relatively affluent community compared to national averages. This income level supports a robust local economy, potentially benefiting small businesses and attracting families seeking financial stability. On the housing front, the median home value stands at $281,800, offering a mid-range price point that could appeal to first-time buyers or investors seeking appreciation potential. For renters, the median rent is $1,750 per month, reflecting a premium rental market that aligns with the area’s income demographics. These figures suggest that 46236 is a place where residents have the means to invest in quality housing, whether owning or renting.

Race & Ethnicity

The demographic makeup of ZIP 46236 showcases a diverse yet predominantly white community, with 65.66% of residents identifying as white. Black residents make up 14.79% of the population, while Hispanic or Latino individuals account for 13.19%. Asian residents represent a smaller share at 1.59%. This mix indicates a multicultural environment that could appeal to families and businesses looking for an inclusive community. For investors and business owners, this diversity can translate into varied customer bases and cultural richness, enhancing the appeal of the area.

Key Facts

• Total population: 26,049 residents in ZIP 46236 as of 2023.
• Total households: 9,876, indicating a strong residential presence.
• Total housing units: 10,168, with a small surplus over occupied homes.
• Median household income: $117,530, reflecting economic strength.
• Median home value: $281,800, a competitive price for the region.
• Median rent: $1,750, suggesting a premium rental market.
• Racial composition: 65.66% white, 14.79% black, 13.19% Hispanic, 1.59% Asian.

What This Means for You

For homebuyers, ZIP 46236 offers a financially stable community with a median home value of $281,800, which could be within reach for those earning near or above the area’s median income of $117,530. The slight surplus of housing units might also mean less competition in certain price brackets. Real estate investors and agents can find opportunities in a market with solid income demographics and a diverse population, potentially driving demand for both rentals and sales. The $1,750 median rent suggests a strong return on investment for rental properties. Small-business owners can benefit from a wealthier customer base and a culturally varied community, ideal for businesses catering to families or niche markets. Finally, analysts can use these metrics to benchmark 46236 against other ZIP codes, identifying trends in income, housing, and diversity that influence growth potential.

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