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ZIP Code 46247 — undefined, undefined Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle Class

At a glance

Population
3,707
Density
N/A
Median income
$86,458
+15% vs US avg
Home value
$223,100
-36% vs US avg
Median rent
$1,059
-9% vs US avg
Timezone
N/A

Overview of ZIP Code 46247

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What to know about ZIP 46247

ZIP code 46247 covers ZIP 46247 with a population of about 3,707.

At a glance, the area shows median age of 35.9 versus a U.S. median of about 38.9.

It sits in the INDIANAPOLIS media market.

Income and economy in ZIP 46247

Median household income in ZIP 46247 is about $86,458 — about 15% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 5.5%; unemployment rate near 2.5%; 45.6% of adults with a bachelor’s degree or higher (about 11.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Finance and insurance, Education, and Manufacturing; about 9.8% of workers reporting work-from-home (about 5.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 46247

Median home value is about $223,100 — about 36% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,059 (about 9% below the U.S. median rent ($1,163)), and owner-occupancy near 90.2% (about 24.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46247, a household would need roughly $61,000 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 $1,433. That sits below the local median household income ($86,458), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.