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ZIP code 46240: Indianapolis, IN

46240 is a ZIP code in Indianapolis, Indiana, mainly in Marion County, part of the Indianapolis-Carmel-Greenwood, IN metro area. About 19,595 people live here.

Population
19,595
Median household income
$75,156
Typical home value
$364,900+0.9% in 12 months
Median rent
$1,311gross, per month
Median age
37.3
Homeowners
46%of occupied homes
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Shaded: ZIP code 46240's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 46240 details

CityIndianapolis
StateIndiana
CountyMarion County (also partly Hamilton County)
Metro areaIndianapolis-Carmel-Greenwood, IN
Time zoneEastern Time (UTC−5), observes daylight saving time
TypeStandard (delivery area)
Land area9.4 sq mi, plus 1 sq mi of water
Population density2,091 people per sq mi
Bachelor's degree or higher62.1% of adults 25+
Average commute21.3 minutes
Center coordinates39.90604, -86.12463

Median rent in 46240 by bedrooms

SizeMedian gross rent
Studio$1,107/mo
1 bedroom$1,181/mo
2 bedrooms$1,453/mo
3 bedrooms$1,926/mo

Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.

ZIP codes near 46240

ZIP codeCityDistancePopulation
46280Indianapolis, IN2.0 mi7,514
46290Indianapolis, IN2.8 mi81
46220Indianapolis, IN2.8 mi36,952
46288Indianapolis, IN2.8 mi—
46260Indianapolis, IN2.9 mi35,707
46250Indianapolis, IN3.3 mi18,147
46213Indianapolis, IN4.9 mi—
46032Carmel, IN5.0 mi51,515

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 46240?

A typical home in ZIP code 46240 is worth about $364,900 (Zillow Home Value Index). The median household here earns $75,156 a year. See what buying here would cost per month, with Indiana average taxes and insurance filled in.

Monthly payment for a $364,900 homeWhat can a $75,156 income afford?Rental property numbers

About ZIP code 46240

What city is ZIP code 46240?

ZIP code 46240 is in Indianapolis, IN, in Marion County.

What county is ZIP code 46240 in?

46240 is mainly in Marion County, Indiana, and partly in Hamilton County.

What is the population of ZIP code 46240?

About 19,595 people live in ZIP code 46240, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 46240 in?

46240 is in Eastern Time (UTC−5). It observes daylight saving time.

What other ZIP codes does Indianapolis have?

Indianapolis, IN also uses 46201, 46202, 46203, 46204, 46205, 46206, 46207, 46208, 46209, 46211, 46213, 46214, 46216, 46217, 46218, 46219, 46220, 46221, 46222, 46224, 46225, 46226, 46227, 46228, 46229, 46230, 46231, 46234, 46235, 46236, 46237, 46239, 46241, 46242, 46244, 46247, 46249, 46250, 46251, 46253, 46254, 46255, 46256, 46259, 46260, 46262, 46266, 46268, 46274, 46275, 46277, 46278, 46280, 46282, 46283, 46285, 46288, 46290, 46291, 46295, 46296 and 46298.