Interested in purchasing investment houses in the 46218 zip code in Indianapolis, IN?
The zip code 46218 is in Marion county with a latitude of -86.099780000000 and longitude of 39.807230000000, is in the state of Indiana. The average asking price of houses and condos is $39,675.00 and the average sale price was $26,000.00. 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° 48' 26.028" N, 86° 5' 59.208" W. The county F.I.P.S. is 18097. The total land area is 9.4 square miles and the water area is 0.0 square miles. The elevation in this area is 768 - 843 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 46218 is in county number 097 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 29,233 in 2019 and 29,028 in 2010. This further breaks down to 13,794 males (47.2%) and 15,439 females (52.8%). The median age of residents is 38.6 years. The population of the greater Indianapolis-Carmel, IN area is 1,755,797. The population density (people per square mile) is 3,098. This zip code has a combined total of 16,143 houses and condos. There are 7,654 rented appartments. 60% of residents rent versus the 60% 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 $23,035 and the average salary is $21,043. The median household income of individuals is $32,996.00 and the average is $26,110.00. This zip code has a mean commute time to work of 24.3 minutes. The unemployment rate is 13.9%. Income earners by percent breakdown as 70.30% (Under $50,000), 24.20% ($50,000-$100,000), and 5.50% earn over $100,000. 30.3% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 87.4. The educational breakdown is 76.7% have a high school education or higher, 8.5% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 11,573 households and the average size is 2.3 people. Individuals who are single and have never been married are 53.3%, 24.2% are now married, 3.0% are separated, 7.3% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $3,890 versus the state average of $4,697. The percent of residents who gave to charity was 6.8%.
The estimated median value of houses and condos is $67,340. The median monthly owner costs of mortgage holders was $854, where as the costs for those who don't have a mortgage are $357. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.9.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $501. 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 0.7% which amounted to an average tax amount of $489. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $511. Reported taxable interest for persons was $336, dividends $846, capital gains +$9, and itemized deductions $13,533. The average earned income tax credit is $2,734. The percent of individuals that use a tax preparer is 43.1%. The total average income taxes paid by individuals was $3,286. Businesses reported an average profit of $7,332.
Garrett's Smokehouse Barbeque
5502 Emerson Way, Indianapolis, IN 46226 (1.9 miles away)
Outback Steakhouse
2315 Post Dr, Indianapolis, IN 46219 (3.3 miles away)
Fogo de Chao
117 E Washington St, Indianapolis, IN 46204 (3.7 miles away)
Sahm's Place
2411 E 65th St, Indianapolis, IN 46220 (4 miles away)
Red Lion Grog House
1043 Virginia Ave Ste 6, Indianapolis, IN 46203 (4.6 miles away)
Harry & Izzy's
153 S Illinois St, Indianapolis, IN 46225 (5.5 miles away)