Interested in purchasing investment houses in the 46202 zip code in Indianapolis, IN?
The zip code 46202 is in Marion county with a latitude of -86.163330000000 and longitude of 39.784060000000, is in the state of Indiana. The average asking price of houses and condos is $248,632.00 and the average sale price was $295,000.00. this regions is classified as the Indianapolis metro area and consists of the following area codes: 317 and 463. The location in degrees is 39° 47' 2.616" N, 86° 9' 47.988" W. The county F.I.P.S. is 18097. The total land area is 5.6 square miles and the water area is 0.2 square miles. The elevation in this area is 709 - 781 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 46202 is in county number 197 and is L. Sector 11, L. Segment , H. Sector , and H. Segment . The population was 20,727 in 2019 and 16,335 in 2010. This further breaks down to 11,309 males (54.6%) and 9,417 females (45.4%). The median age of residents is 30.0 years. The population of the greater Indianapolis-Carmel, IN area is 1,755,797. The population density (people per square mile) is 3,714. This zip code has a combined total of 11,723 houses and condos. There are 7,165 rented appartments. 72% of residents rent versus the 72% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $52,479 and the average salary is $45,406. The median household income of individuals is $29,391.00 and the average is $79,810.00. This zip code has a mean commute time to work of 19.1 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 67.90% (Under $50,000), 20.70% ($50,000-$100,000), and 11.40% earn over $100,000. 22.7% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 92.4. The educational breakdown is 90.9% have a high school education or higher, 55.5% have a bachelor's degree or higher, and 22.6% have some kind of profesional degree.
This area has 8,149 households and the average size is 1.9 people. Individuals who are single and have never been married are 62.3%, 24.9% are now married, 0.8% are separated, 2.9% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $5,217 versus the state average of $4,697. The percent of residents who gave to charity was 18.6%.
The estimated median value of houses and condos is $304,854. The median monthly owner costs of mortgage holders was $1,778, where as the costs for those who don't have a mortgage are $507. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,614. In comparision, the average real estate tax percent rate in the state is 0.8% which equated to an average real estate tax amount payment in the state of $1,263. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $3,064. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,535. Reported taxable interest for persons was $1,142, dividends $5,645, capital gains +$8,979, and itemized deductions $22,595. The average earned income tax credit is $1,973. The percent of individuals that use a tax preparer is 35.7%. The total average income taxes paid by individuals was $9,343. Businesses reported an average profit of $12,772.
Fogo de Chao
117 E Washington St, Indianapolis, IN 46204 (1 miles away)
Denny's
4795 Kentucky Ave, Indianapolis, IN 46221 (2.9 miles away)
Harry & Izzy's
153 S Illinois St, Indianapolis, IN 46225 (3.1 miles away)
Red Lion Grog House
1043 Virginia Ave Ste 6, Indianapolis, IN 46203 (3.7 miles away)
Garrett's Smokehouse Barbeque
5502 Emerson Way, Indianapolis, IN 46226 (5.2 miles away)
Outback Steakhouse
2315 Post Dr, Indianapolis, IN 46219 (5.8 miles away)