ZIP 46239 - 860Z200US46239 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 46239, located in the Indianapolis area, this demographic and housing snapshot offers a clear picture of what to expect. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family-friendly neighborhood or a market with growth potential, understanding ZIP 46239’s profile is the first step.

Population & Households

ZIP 46239 is home to a substantial population of 33,403 residents as of 2023, making it a vibrant and active community. This area supports 11,677 households, reflecting a strong residential base. With 12,284 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance suggests a stable yet potentially growing area, ideal for those seeking a settled community with room for expansion.

Income & Housing Costs

Financially, ZIP 46239 stands out with a median household income of $92,160, pointing to a relatively affluent population compared to many other regions. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $253,000, offering a mid-range price point that could appeal to first-time buyers or those upgrading from smaller properties. For renters, the median rent is $1,304 per month, reflecting a competitive rental market that aligns with the area’s income levels. These figures suggest a balanced housing market with opportunities for both ownership and leasing.

Race & Ethnicity

The demographic makeup of ZIP 46239 is notably diverse, fostering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition includes 56.88% White, 24.09% Black, 4.38% Asian, and 8.57% Hispanic residents. This diversity can enrich community life, offering cultural variety and potential for businesses catering to varied customer bases. For investors and small-business owners, this mix may signal a market open to inclusive services and products.

Key Facts

• Total population: 33,403 residents, indicating a sizable community.
• Total households: 11,677, showing a strong residential presence.
• Total housing units: 12,284, suggesting some availability for new occupants.
• Median household income: $92,160, reflecting economic stability.
• Median home value: $253,000, a moderate price for potential buyers.
• Median rent: $1,304, competitive for the area’s income levels.
• Racial diversity: 56.88% White, 24.09% Black, 4.38% Asian, 8.57% Hispanic.

What This Means for You

For homebuyers, ZIP 46239 offers a promising mix of affordability and community size. With a median home value of $253,000 and a median income of $92,160, purchasing power aligns well with housing costs, making this area accessible for families or individuals seeking value. The slight surplus of housing units (12,284 vs. 11,677 households) may also mean less competition for available homes.

Real estate investors and agents will find potential in the stable housing market and diverse population of 33,403. The income levels support both rental ($1,304 median rent) and purchase opportunities, while diversity suggests demand for varied property types. This could be a strategic spot for long-term investments or flipping properties.

Small-business owners can leverage the area’s economic strength and cultural diversity. With a sizable population and solid median income, there’s a customer base ready for goods and services, especially those tailored to a multicultural audience. Consider community-focused businesses or niche markets that resonate with local demographics.

Analysts can use these metrics as a baseline for deeper market studies. The balance of population, income, and housing costs in ZIP 46239 points to a stable yet dynamic area worth monitoring for trends in growth or shifts in diversity.

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