Zip Code

46227

City

Indianapolis, IN

Population & Migration

What is the forecasted population for Zip code 46227 Indianapolis, IN?

Population census 2020
55,806
Forecasted population 2025
58,556
4.9% vs. 2020
Forecasted population 2030
58,990
5.7% vs. 2020

Zip code 46227 Indianapolis, IN population is forecasted to grow 4.9% by 2025 (0.2 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 58,556 people for 2025 zip code 46227 Indianapolis, IN will generate a good demand for housing, which is expected to have a deficit of 1,420 houses for 2030. Vacancy rate is 0.4 points below national US average.

Total homes available 2020
24,898
Estimated total home demand in 2030
26,318
Total homes balance inventory
1,420

Average Household Income in zip code 46227 Indianapolis, IN
from Internal Revenue Service

Average household income in 2021
$63,451

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 46227 Indianapolis, IN?

County total number of drinking water violations

494

+102%

244

County total number of drinking water contaminations

70

+192%

24

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