ZIP Code 46203 -- Indianapolis, IN

Marion | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.9x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
37,758
Unknown
Median Income
$57,393
Home Value
$168,200
Median Rent
$1,111
Median Age
34.50
Diversity Index
59.60
High
Cost of Living
73.1
significantly below average
Unemployment
4.8%

About ZIP Code 46203

ZIP code 46203 in Indianapolis, Indiana is a unknown area with a population of 37,758. The median household income is $57,393, which is This is 23% below the national median of $75,000.. The median home value is $168,200, representing a price-to-income ratio of 2.9x . The cost of living is significantly below average with an index of 73.1 (the national average is 100). Residents have a median age of 34.50 years. Approximately 28.4% of adults hold a bachelor's degree or higher. This ZIP code is located in Marion, IN.

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Population & Age

Total Population
37,758
Median Age
34.50
Male Population
18,301
48.5%
Female Population
19,457
51.5%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
59.60 High
White
68.8%
Black or African American
13.4%
Hispanic or Latino
13.8%
Asian
1.7%
Native American
1.0%
Pacific Islander
0.0%
Two or More Races
10.4%
Other Race
4.8%

Racial Composition

Income & Economy

Median Household Income
$57,393
Mean Household Income
$79,714
Per Capita Income
$34,791
Below Poverty Line
21.4%

This is 23% below the national median of $75,000.

Income Distribution

See richest ZIP codes in Indiana →

Housing

Median Home Value
$168,200
Median Rent
$1,111
Total Housing Units
18,512
Occupied Units
15,996
Vacant Units
2,516
13.6% vacancy
Median Year Built
1957
Owner Occupied
57.8%
Renter Occupied
42.2%
Price-to-Income Ratio 2.9x

Affordable housing market

Ownership vs Rental

Owner 57.8% Renter 42.2%

Education

High School Diploma or Higher 81.6%
Bachelor's Degree or Higher 28.4%
Graduate or Professional Degree 9.3%
See most educated ZIP codes →

Employment & Commuting

Civilian Labor Force
19,769
Employment Rate
95.2%
Unemployment Rate
4.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
70.0%
Carpool
10.5%
Public Transit
1.7%
Work from Home
14.5%

Cost of Living Index

73.1
significantly below average

The cost of living in ZIP code 46203 is 26.9% below the national average of 100.

0 National Avg (100) 200

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Compare 46203 with Another ZIP Code

Nearby ZIP Codes

46221
Indianapolis, IN
1.7 mi
Pop: 27,027 Income: $65,280
46202
Indianapolis, IN
2.1 mi
Pop: 20,180 Income: $63,506
46107
Beech grove, IN
2.3 mi
Pop: 13,020 Income: $56,799
46201
Indianapolis, IN
2.4 mi
Pop: 30,335 Income: $49,195
46225
Indianapolis, IN
2.9 mi
Pop: 6,037 Income: $55,190
46237
Southport, IN
3.1 mi
Pop: 43,473 Income: $79,078
46204
Indianapolis, IN
3.1 mi
Pop: 11,400 Income: $86,396
46219
Indianapolis, IN
3.2 mi
Pop: 38,855 Income: $60,803
46218
Indianapolis, IN
4.4 mi
Pop: 29,360 Income: $38,063
46227
Southport, IN
4.5 mi
Pop: 57,587 Income: $53,629
46205
Indianapolis, IN
5.5 mi
Pop: 28,259 Income: $72,417
46229
Cumberland, IN
5.6 mi
Pop: 28,457 Income: $61,388

Other ZIP Codes in Indianapolis

ZIP Code Population Median Income Home Value
46222 38,887 $50,783 $116,300
46219 38,855 $60,803 $184,900
46220 36,952 $108,050 $358,500
46201 30,335 $49,195 $170,100
46218 29,360 $38,063 $103,100
46205 28,259 $72,417 $304,500

Other ZIP Codes in Marion

ZIP Code City Population Median Income
46227 Southport 57,587 $53,629
46226 Lawrence 47,099 $50,325
46237 Southport 43,473 $79,078
46254 Eagle creek 40,674 $60,287
46224 Speedway 40,228 $55,986
46222 Indianapolis 38,887 $50,783

Frequently Asked Questions about ZIP Code 46203

ZIP code 46203 (Indianapolis, IN) has a total population of 37,758 according to the 2024 American Community Survey. The median age is 34.50 years.

The median household income in ZIP code 46203 is $57,393 per year, based on 2024 Census Bureau data. This is 23% below the national median of $75,000.

ZIP code 46203 is primarily located in Indianapolis, Indiana (IN). It falls within Marion County.

The median home value in ZIP code 46203 is $168,200, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,111.

The median age in ZIP code 46203 is 34.50 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 46203 has a cost of living index of 73.08 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 46203, 28.41% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 9.34% hold a graduate or professional degree.

The unemployment rate in ZIP code 46203 is 4.83%, which is above the national average of 3.6%. About 14.54% of workers work from home.

Explore More

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.