Interested in purchasing investment houses in the 46227 zip code in Indianapolis, IN?
The zip code 46227 is in Marion county with a latitude of -86.131460000000 and longitude of 39.676100000000, is in the state of Indiana. The average asking price of houses and condos is $125,918.00 and the average sale price was $76,000.00. 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° 40' 33.96" N, 86° 7' 53.256" W. The county F.I.P.S. is 18097. This zip code contains three cities including Indianapolis, IN (94.81%), Southport, IN (3.75%), and Homecroft, IN (1.44%) The total land area is 16.8 square miles and the water area is 0.0 square miles. The elevation in this area is 732 - 814 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 46227 is in county number 096 and is L. Sector 39, L. Segment 12, H. Sector 12, and H. Segment 12. The population was 55,474 in 2019 and 57,086 in 2010. This further breaks down to 26,598 males (47.9%) and 28,876 females (52.1%). The median age of residents is 35.1 years. The population of the greater Indianapolis-Carmel, IN area is 1,755,797. The population density (people per square mile) is 3,311. This zip code has a combined total of 25,288 houses and condos. There are 12,175 rented appartments. 54% of residents rent versus the 54% 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 $37,868 and the average salary is $34,621. The median household income of individuals is $46,678.00 and the average is $43,130.00. This zip code has a mean commute time to work of 24.1 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 53.20% (Under $50,000), 33.60% ($50,000-$100,000), and 13.20% earn over $100,000. 14.4% of residents live below poverty line versus the 11.9% in the state that are below this line. The cost of living index is 87.8. The educational breakdown is 83.3% have a high school education or higher, 22.0% have a bachelor's degree or higher, and 7.1% have some kind of profesional degree.
This area has 23,136 households and the average size is 2.4 people. Individuals who are single and have never been married are 40.4%, 38.1% are now married, 1.3% are separated, 7.0% are widowed, and 13.2% are divorced. The average yearly contribution amount given by people to charity was $3,560 versus the state average of $4,697. The percent of residents who gave to charity was 15.2%.
The estimated median value of houses and condos is $145,516. The median monthly owner costs of mortgage holders was $1,108, where as the costs for those who don't have a mortgage are $429. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,563. 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 1.1% which amounted to an average tax amount of $1,640. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $1,430. Reported taxable interest for persons was $946, dividends $3,034, capital gains +$4,204, and itemized deductions $16,755. The average earned income tax credit is $2,431. The percent of individuals that use a tax preparer is 48.4%. The total average income taxes paid by individuals was $5,406. Businesses reported an average profit of $9,784.
Cheddar's Scratch Kitchen
5151 Noggle Way, Indianapolis, IN 46237 (2.9 miles away)
Napoli Villa Italian Restaurant
758 Main St, Beech Grove, IN 46107 (3.2 miles away)
Vito Provolone's
8031 S Meridian St, Indianapolis, IN 46217 (3.6 miles away)
Bonefish Grill
1001 N State Road 135, Greenwood, IN 46142 (4 miles away)
Red Lion Grog House
1043 Virginia Ave Ste 6, Indianapolis, IN 46203 (4.5 miles away)
Harry & Izzy's
153 S Illinois St, Indianapolis, IN 46225 (4.5 miles away)
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