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ZIP Code 46240

Marion, Indiana

ZCTA 46240

Juniper

ZIP Code 46240 is in the lowest 27% nationally for FEMA risk score. It also sits in the highest 20% nationally for home price against income. And it sits in the highest 30% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$405,961

Higher than 62% of U.S. ZIP codes
Home Price Growth, Past Five Years

49%

Lower than 61% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

45.9

Lower than 73% of U.S. ZIP codes

The boundary of ZIP Code 46240, in Marion, Indiana.

The basics

Total Population

19,595

Median Age

37.3

Population Density

2,091.19

Home values & property tax

Median Property Tax

$3,731

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.63×

Higher than 80% of U.S. ZIP codes
Median Income

$75,156

Near the U.S. ZIP codes median
Median Rent

$1,311

Higher than 70% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

3%

Near the U.S. ZIP codes median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

44%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

5.6%

Climate & weather

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

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

45.9

Lower than 73% of U.S. ZIP codes

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 46240: frequently asked questions

What is the typical home value in ZIP Code 46240?
The estimated median home value in ZIP Code 46240 today is $405,961, higher than 62% 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 1.1% 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 80% 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 70% 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.
How many people live in ZIP Code 46240?
ZIP Code 46240 has a population of 19,595, about 2,091.19 people per square mile, per the U.S. Census American Community Survey. The median age is 37.3.
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 45.9 (lower than 73% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

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

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