ZIP Code 46237: Population, Income, Housing

State: IN
Total population: 43,473 Household income: $79,078 Rent: $1,279

Overview

Total population
43,473
Rent
$1,279
Year built
1995
Household income
$79,078
Per capita income
$39,917
Poverty rate
8%
Unemployment rate
N/A
Household size
2.5 persons
Rent over 30% of income
47.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Indiana
County
Marion County
City
Indianapolis
Total population
43,473
Adults over 25
30,400
Total households
17,451
Household size
2.5 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$79,078
Per capita income
$39,917
Poverty rate
8%
Unemployment rate
N/A
Rent over 30% of income
47.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,279
Year built
1995
Households that rent
31.1%
Households that own
68.9%
Rooms per home (all homes)
5.7

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
70.6%
Black
5.4%
Asian
14.6%
Two or more races
6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
6.4%
Not Hispanic or Latino
93.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
18,754 (85.5%)
Commute time to work
25 mins
Work from home
3,177 (14.5%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
29.5%
High school graduate or GED
26.9%
Some college or associate degree
9.4%
Bachelor’s degree or higher
34.2%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 46237 with: Marion County, IN Indianapolis (balance), IN Indianapolis metro area, IN Indiana United States

ZIP 46237

Total population43,473
Rent$1,279
Year built1995
Household income$79,078
Per capita income$39,917
Poverty rate8%
Unemployment rateN/A

Marion County, IN

Total population975,809
Rent$1,153
Year built1973
Household income$66,346
Per capita income$37,704
Poverty rate15.3%
Unemployment rate4%

Indianapolis (balance), IN

Total population885,860
Rent$1,156
Year built1973
Household income$66,219
Per capita income$37,680
Poverty rate15.8%
Unemployment rate4.1%

Indianapolis Metro Area, IN

Total population2,130,055
Rent$1,191
Year built1983
Household income$79,852
Per capita income$43,743
Poverty rate10.7%
Unemployment rate3.9%

Indiana State

Total population6,851,073
Rent$1,062
Year built1976
Household income$71,957
Per capita income$38,351
Poverty rate12.3%
Unemployment rate4.2%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP46237 CountyMarion, INCityIndianapolis (balance), INMetro AreaIndianapolis metro area, INStateIndianaCountryUnited States
Total population43,473975,809885,8602,130,0556,851,073334,922,499
Rent$1,279$1,153$1,156$1,191$1,062$1,413
Year built199519731973198319761980
Household income$79,078$66,346$66,219$79,852$71,957$80,734
Per capita income$39,917$37,704$37,680$43,743$38,351$44,673
Poverty rate8%15.3%15.8%10.7%12.3%12.5%
Unemployment rateN/A4%4.1%3.9%4.2%4%

View the full multi-level comparison →

 

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Summary for 46237

Rent & Income

In 46237, the typical monthly rent is $1,279 and the typical household income is $79,078. Rent here is higher than in both Indianapolis (balance) and Indiana, and household income is also higher than in both. The estimated poverty rate is 8%, which is lower than in both Indianapolis (balance) and Indiana.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 31.1% of households. About 47.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 34.2% of adults holding a bachelor’s degree or higher.


 

ZIP 46237 — Rent vs Household Income

 


 

ZIP 46237 — Poverty

 


 

How ZIP 46237 compares in Indiana (62 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,279 44 / 62 from lower rent $820 – $1,795
Household income $79,078 24 / 62 from higher income $49,195 – $177,679
Poverty rate 8% 20 / 62 from lower poverty 2% – 28.6%

Rankings are calculated among ZIP Codes in Indiana with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 46237

Rent

Looking at rent levels, ZIP Code 46237 places 44th out of 62 ZIP Codes in Indiana. Throughout Indiana, numbers span from $820 in ZIP 47374 up to $1,795 in ZIP 46077.

Household income

In terms of earnings, this ZIP comes 24th out of 62 ZIP Codes. At the state level, values extend from $49,195 in ZIP 46201 up to $177,679 in ZIP 46077.

Poverty rate

In terms of poverty rate, ZIP Code 46237 comes 20th out of 62 ZIP Codes. In Indiana as a whole, the range goes from 2% in ZIP 46033 up to 28.6% in ZIP 47906.

 


💰 Rent in ZIP Code 46237 (with Utilities)

Estimated Monthly Rent: $1,279 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 46237

Annual Household Income: $79,078

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 46237

Estimated Rate: 8%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 46237

In ZIP Code 46237, households that rent: 5,423 (31.1%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 5,423 31.1%
Owner-Occupied 12,028 68.9%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 46237

In ZIP Code 46237, cost-burdened renters (households spending over 30% of income on housing): 2,590 (47.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 2,590 47.8%
Other renter households 2,833 52.2%
Total renter households 5,423 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 46237

Less than High School: 8,956 people (29.5%)

Includes adults who did not complete high school.

High School Graduate or GED: 8,182 people (26.9%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,868 people (9.4%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 10,394 people (34.2%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 30,400


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.