Indianapolis (zip 46240), Indiana 

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Population

18,793

+0.3% since 2010

Unemployment Rate

3.6%

Median Income

$52,855

Median Home Price

$247,600

Best Places to Live in Indianapolis (zip 46240), Indiana

Capital city - Geographic center of Indiana. September, June and August are the most pleasant months in the 46240 zip code, while January and December are the least comfortable months.

Pros
Revitalized downtown
Sports and recreation
Strong buying power
Cons
Growth and sprawl
Crime rates
Air quality
 $214,900 
8904 Cholla Rd
Bed 3 | Bath 2 | 2430 SqFt
 $489,000 
8418 N College Ave
Bed 4 | Bath 4 | 3925 SqFt
 $429,900 
8820 Washington Blvd W
Bed 5 | Bath 4 | 4140 SqFt

What Bert Has To Say About Indianapolis-Carmel-Anderson Metro Area

Indianapolis, once a poster child for blighted Midwestern old-economy cities, is now a showcase for publicly coordinated and funded urban renewal. The city features a city/county “Unigov” government system, which has worked well for coordinated planning and public redevelopment efforts. Cost of living is very attractive for this type of city. The vastly renewed downtown core boasts attractive new buildings, pedestrian zones, and a state-of-the-art sports arena.


Best Neighborhoods In Indianapolis (zip 46240), Indiana: Download the BestPlaces App

QUICK FACTS

City: No City
Zip Codes: Indianapolis (zip 46240)
Time zone: Eastern Standard Time (EST)
Elevation: 808 ft above sea level

Highlights

ECONOMY
The unemployment rate in Indianapolis (zip 46240) is 3.6% (U.S. avg. is 3.7%). Recent job growth is Positive. Indianapolis (zip 46240) jobs have increased by 2.5%. More Economy

COST OF LIVING
Compared to the rest of the country, Indianapolis (zip 46240)'s cost of living is 2.7% lower than the U.S. average. More Cost of Living or Compare Indianapolis (zip 46240)'s Cost of Living

WEATHER & CLIMATE
September, June and August are the most pleasant months in the 46240 zip code, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
Marion county voted Democratic in the last four Presidential elections, after voting Republican in 2000. More Voting Stats

POPULATION
Indianapolis (zip 46240)'s population is 18,793 people. Since 2010, it has had a population growth of 0.3%. Learn More...

TRANSPORTATION
Average Commute time is 21.9 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Indianapolis (zip 46240) is $247,600. Home appreciation the last 10 years has been 10.1%. Check out the homes in the area

SCHOOLS
Indianapolis (zip 46240) public schools spend $11,827 per student. The average school expenditure in the U.S. is $12,383. There are about 19.4 students per teacher in Indianapolis (zip 46240). More Education



Best Places to Live in Indianapolis Rankings


Housing Market in Indianapolis

It's a good time to buy in Indianapolis. Home Appreciation is up 10.1% in the last 12 months. Browse Indianapolis Real Estate

The median home price in Indianapolis is $247,600. Browse Homes in this Range.


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MAPS OF INDIANAPOLIS (ZIP 46240), INDIANA
Indianapolis,Indiana County Map
ZIP CODES IN INDIANAPOLIS (ZIP 46240), INDIANA
Indianapolis (zip 46240)

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NEW LISTINGS IN 46240
$214,900
8904 Cholla Rd
Bed 3 | Bath 2

$489,000
8418 N College Ave
Bed 4 | Bath 4

$429,900
8820 Washington Blvd W
Bed 5 | Bath 4

$315,000
7114 N Olney St
Bed 5 | Bath 3

$349,000
7513 Terrace Bch
Bed 2 | Bath 2

$550,000
737 Sherwood Dr
Bed 4 | Bath 4

$235,000
9302 Robin Ln
Bed 3 | Bath 2

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