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ZIP Code 46240

Marion, Indiana

FIPS 46240

Juniper

ZIP Code 46240 is in the top 24% nationally for appreciation 1yr %, but in the bottom 18% nationally for price-to-income ratio. It also sits in the 77th percentile nationally for median rent. And it sits in the 76th percentile nationally for median home value.

Median Home Value

$348,000

Higher than 76% of U.S. ZIP codes

HPI Growth 5yr %

49%

Higher than 71% of U.S. ZIP codes

FEMA Risk Score

49.5

Lower than 68% of U.S. ZIP codes

The basics

Total Population

19,595

Median Age

37.3

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$348,000

Higher than 76%

Median Property Tax

$3,731

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.63

Higher than 82%

Median Rent

$1,311

Higher than 77%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

49%

Higher than 71%

Appreciation 1yr %

3%

Higher than 76%

Pandemic Gain %

44%

Recession Drop %

-5.6%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.2

Winter Avg Low (°F)

22.6

Avg Temperature (°F)

52.7

Hot Days/yr (>90°F)

19.2

Freezing Days/yr (<32°F)

112.9

Annual Precipitation (in)

46.7

Annual Snowfall (in)

26.7

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

49.5

Lower than 68%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 46240: frequently asked questions

What is the median home value in ZIP Code 46240?
The median home value in ZIP Code 46240 is $348,000, higher than 76% of U.S. ZIP codes.
How much is property tax in ZIP Code 46240?
The median annual property tax in ZIP Code 46240 is $3,731, an effective rate of 1% of home value.
Is ZIP Code 46240 expensive to live in?
Homes in ZIP Code 46240 cost about 4.63× the median household income, higher than 82% of U.S. ZIP codes.
What is the average rent in ZIP Code 46240?
The median gross rent in ZIP Code 46240 is $1,311 a month, higher than 77% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 46240?
Home prices in ZIP Code 46240 have moved 49% over the past five years (3% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 46240?
ZIP Code 46240 averages 52.7°F year-round, summer highs near 83.2°F, winter lows around 22.6°F (NOAA 1991–2020 normals). It sees about 26.7 inches of snow a year.
Is ZIP Code 46240 at risk of flooding or natural disasters?
ZIP Code 46240's FEMA National Risk Index score is 49.5 (lower than 68% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →