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