Zip Code

46240

City

Indianapolis, IN

Population & Migration

What is the forecasted population for Zip code 46240 Indianapolis, IN?

Population census 2020
20,284
Forecasted population 2025
20,065
-1.1% vs. 2020
Forecasted population 2030
20,708
2.1% vs. 2020

Zip code 46240 Indianapolis, IN population is forecasted to decrease -1.1% by 2025 (-5.8 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 20,065 people for 2025 zip code 46240 Indianapolis, IN will generate a good demand for housing, which is expected to have a deficit of 242 houses for 2030. Vacancy rate is 3.6 points above national US average.

Total homes available 2020
11,580
Estimated total home demand in 2030
11,822
Total homes balance inventory
242

Average Household Income in zip code 46240 Indianapolis, IN
from Internal Revenue Service

Average household income in 2021
$102,463

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 46240 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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