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ZipNumbers

Hendricks County · Indiana

ZIP code 46123

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 46123 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
42,395

ZCTA residents

Median income
$102,989

Household, past 12 months

Median home
$293,000

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 46123 sits in Hendricks County, Indiana and is home to 42,395 people. Median household income is $102,989, the median home is worth $293,000 and median gross rent is $1,467. 78.4% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Hendricks County

FIPS 18063

State
Indiana (IN)

807 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 46123

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
42,395ZIP 46123 residents
Median household income
$102,989Past 12 months, inflation adjusted
Median home value
$293,000Owner-occupied units
Median gross rent
$1,467Rent plus utilities, monthly
Median age
39.2 yrsAll residents
Homeownership rate
78.4%Owner-occupied households

Sales tax in 46123

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

Indiana levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
17%Median rent ÷ median income
Price-to-income
2.8×Home value ÷ household income
Est. mortgage
$1,520/mo20% down, 30-yr at 6.75%
Poverty rate
3.2%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 46123 compares

ZIP 46123 against the median ZIP in Hendricks County and across Indiana.

MeasureZIP 46123County medianState medianvs state
Median household income$102,989$87,355$68,990+49%
Median home value$293,000$259,850$168,100+74%
Median gross rent$1,467$1,333$895+64%
Population42,3959,0412,793+1418%

Medians are computed across the 12 ZIP areas in Hendricks County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 93% of 734 state ZIPs

#49
Home value

above 94% of 733 state ZIPs

#45
Population

larger than 97% of 807 state ZIPs

#22

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47991Warren County$102,643$127,700$581
46220Marion County$103,735$329,700$1,330
46307Lake County$102,118$293,500$1,308
47590Pike County$104,250$208,300
47022Dearborn County$104,375$292,300
47630Warrick County$101,462$255,200$1,108

Nearby ZIP codes

Other ZIP codes filed under Hendricks County.

ZIP 46123 questions

Common questions about this ZIP code.

Where is ZIP code 46123?
ZIP 46123 lies mostly in Hendricks County, Indiana. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 46123?
Indiana charges 7% statewide.
Is 46123 expensive to live in?
Median rent runs $1,467 a month, about 17% of median household income, and the median home is worth $293,000+74% against the typical Indiana ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 46123, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.