ZIP 46227 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Indianapolis city (balance), IN (46227)

Median Income

$50,993

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,628

Wealth inflow

Population

57,164

Unemployment

3.3%

0.4pp below US avg

IRS migration statistics show a net inflow of about 2,628 for ZIP 46227 (Indianapolis city (balance), IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

3.3%-10% vs US avg

Self-Employed

2.0%-67% vs US avg

SNAP Benefits

14.5%+24% vs US avg

1,161

Establishments

19,341

Employees

~17 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction8.0%
Manufacturing9.8%
Wholesale trade3.4%
Retail trade11.8%
Transportation, utilities11.6%
Information1.3%
Finance, insurance, real estate4.3%
Professional, scientific, management8.2%
Education, health care, social20.9%
Arts, entertainment, food services11.1%
Other services5.9%
Public administration3.3%

Household Income

Historical Trends in 46227 (2020–Present)

Since 2020, population grew 2.4%, median income fell 3.5% (inflation-adjusted), home values increased 16.9%.

Median Income

$50,993

-32% vs US avg

Unemployment Rate