ZIP Code 46204 — Indianapolis city (balance), IN Demographics & Data

ZIP code 46204 covers Indianapolis city (balance), IN in Marion County with a population of about 11,022.

At a glance, the area shows median age of 31.0 versus a U.S. median of about 38.9.

It sits in telephone area codes 317, 463; U.S. House district IN-7; the INDIANAPOLIS media market.

Indianapolis city (balance), IN sits in a university / college context (near american college of education (0.2 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 46204 is about $88,081 — about 17% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 17.4%; unemployment rate near 3.3%; 60.8% of adults with a bachelor’s degree or higher (about 27.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Manufacturing, and Healthcare; about 21.6% of workers reporting work-from-home (about 6.4 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $350,400 — about even with the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,606 (about 38% above the U.S. median rent ($1,163)), and owner-occupancy near 17.2% (about 48.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46204 in Indianapolis city (balance), IN, a household would need roughly $96,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,251. That is roughly in line with the local median household income ($88,081). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Indianapolis city (balance), IN as Relatively High (composite score 97.5), which is among the highest nationally. The strongest component scores on US5 are flood (98.3) and hurricane (34.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Indianapolis city (balance), IN show little to no average snow and around 44.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 507 for ZIP 46204 (Indianapolis city (balance), IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.