ZIP Code 46208 — Indianapolis city (balance), IN Demographics & Data

ZIP code 46208 covers Indianapolis city (balance), IN in Marion County with a population of about 22,026.

At a glance, the area shows median age of 32.2 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 christian theological seminary (1.0 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 46208 is about $55,435 — about 26% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 21.8%; unemployment rate near 7.2%; 40.3% of adults with a bachelor’s degree or higher (about 6.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Education, and Professional services; about 16.1% of workers reporting work-from-home (roughly in line with 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 $206,000 — about 41% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $783 (about 33% below the U.S. median rent ($1,163)), and owner-occupancy near 55.4% (about 10.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46208 in Indianapolis city (balance), IN, a household would need roughly $57,000 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 $1,323. That is roughly in line with the local median household income ($55,435). 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 40.7 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,012 for ZIP 46208 (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.