ZIP 46250 - 860Z200US46250 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business venture in ZIP 46250, located in the Indianapolis area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of nearly 18,000 and a mix of housing options, this area presents opportunities for homebuyers, real estate investors, small-business owners, and analysts alike. Using the latest data, we’ll break down key metrics on population, income, housing costs, and diversity to help you make informed decisions about living or working in 46250.

Population & Households

ZIP 46250 is home to 17,933 residents, making it a moderately sized community with a suburban feel near urban amenities. These residents are distributed across 9,204 households, reflecting a mix of family and individual living arrangements. With 9,815 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental opportunities. This balance suggests a stable housing market with room for growth or turnover.

Income & Housing Costs

The median household income in ZIP 46250 stands at $69,591, positioning it as a middle-to-upper income area relative to national averages. This income level supports a comfortable lifestyle for many residents and signals purchasing power for local businesses. On the housing front, the median home value is $288,900, reflecting a market that’s accessible to mid-range buyers while offering potential appreciation for investors. For renters, the median rent is $1,293 per month, which aligns with the income levels and suggests a strong rental market for landlords or property managers considering this ZIP code.

Race & Ethnicity

ZIP 46250 boasts a diverse community, which can be a draw for those seeking an inclusive environment or a varied customer base for businesses. The racial composition includes 64.85% White, 19.15% Black, 1.42% Asian, and 9.51% Hispanic residents. This diversity shapes the cultural fabric of the area, offering a blend of perspectives and experiences. For businesses, this mix can translate into a broad market with varied needs and preferences, while families may appreciate the opportunity to engage with a multicultural community.

Key Facts

• Total population: 17,933 residents in ZIP 46250 as of 2023.
• Total households: 9,204, indicating a mix of family and solo living.
• Total housing units: 9,815, with a small surplus over occupied homes.
• Median household income: $69,591, supporting a stable local economy.
• Median home value: $288,900, appealing to mid-range buyers and investors.
• Median rent: $1,293, reflecting a competitive rental market.
• Diversity: 64.85% White, 19.15% Black, 1.42% Asian, 9.51% Hispanic.

What This Means for You

For homebuyers, ZIP 46250 offers a promising market with median home values at $288,900, which could fit within many budgets while providing potential for future value growth. The slight surplus of housing units suggests you might find options to choose from, though acting quickly in a stable market is wise. Investors and real estate agents can see opportunity in both the rental and sales markets here, with a median rent of $1,293 indicating steady demand and a diverse population offering a wide tenant pool. The income level of $69,591 supports tenants who can afford consistent payments. For small-business owners, the diversity and income data point to a customer base with varied needs and disposable income—ideal for retail, services, or dining ventures. Analysts can use these metrics to benchmark 46250 against nearby ZIP codes or national trends, identifying growth patterns or investment risks.

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