Comparison to Surrounding Areas
The median household income ($75,156) for 46240 is less than the median household income for 46038 ($106,886), 46220 ($108,050), 46280 ($91,152), Hamilton County ($121,530), and Carmel city ($141,505). But it's more than 46250 ($67,328), 46260 ($72,504), 46290 ($-1), Marion County ($66,346), and Indianapolis city ($66,307).
| 46240 | $75,156 |
| Carmel city | $141,505 |
| Indianapolis city | $66,307 |
| Hamilton County | $121,530 |
| Marion County | $66,346 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($119,328) for 46240 is less than the average household income for 46038 ($127,519), 46220 ($143,109), 46280 ($122,152), 46290 ($268,052), Hamilton County ($158,610), and Carmel city ($191,688). But it's more than 46250 ($100,093), 46260 ($102,221), Marion County ($90,675), and Indianapolis city ($91,320).
| 46240 | $119,328 |
| Carmel city | $191,688 |
| Indianapolis city | $91,320 |
| Hamilton County | $158,610 |
| Marion County | $90,675 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 46240 is $61,625. The per capita income ($61,625) for 46240 is less than the per capita income for 46220 ($65,387), 46290 ($113,153), and Carmel city ($73,549). But it's more than 46038 ($50,907), 46250 ($51,220), 46260 ($44,197), 46280 ($59,045), Marion County ($37,704), Hamilton County ($60,278), and Indianapolis city ($37,978).
| 46240 | $61,625 |
| Carmel city | $73,549 |
| Indianapolis city | $37,978 |
| Hamilton County | $60,278 |
| Marion County | $37,704 |
Get Per-Capita Income for all Zip Codes in Indiana.
13.4% of households make over $200,000 a year. The percent high income households (13.4%) for 46240 is less than the percent high income households for 46038 (17.1%), 46220 (19.4%), 46280 (17.3%), 46290 (33.3%), Hamilton County (25.0%), and Carmel city (34.4%). But it's more than 46250 (9.1%), 46260 (11.6%), Marion County (7.5%), and Indianapolis city (7.8%).
| 46240 | 13.4% |
| Carmel city | 34.4% |
| Indianapolis city | 7.8% |
| Hamilton County | 25.0% |
| Marion County | 7.5% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 46240 | $44,340 | $86,085 | $87,656 | $56,860 |
| Carmel city | $51,286 | $131,795 | $189,270 | $88,685 |
| Indianapolis city | $43,568 | $71,275 | $75,710 | $50,685 |
| Hamilton County | $49,497 | $130,589 | $148,191 | $76,143 |
| Marion County | $43,832 | $71,311 | $76,015 | $50,368 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 46240 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 46240 | +/-$5,214 | +/-$8,639 | +/-$4,781 | +/-2.3% | +/-$17,644 | +/-$12,349 | +/-$15,929 | +/-$7,454 |
| Carmel city | +/-$6,599 | +/-$7,128 | +/-$2,773 | +/-1.9% | +/-$15,792 | +/-$11,773 | +/-$11,872 | +/-$6,689 |
| Indianapolis city | +/-$967 | +/-$1,377 | +/-$548 | +/-0.3% | +/-$1,822 | +/-$1,500 | +/-$2,916 | +/-$1,810 |
| Hamilton County | +/-$2,737 | +/-$3,010 | +/-$1,129 | +/-1.0% | +/-$10,580 | +/-$5,032 | +/-$7,122 | +/-$3,397 |
| Marion County | +/-$943 | +/-$1,315 | +/-$500 | +/-0.3% | +/-$1,898 | +/-$1,400 | +/-$2,629 | +/-$1,746 |