46040 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Indiana based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 46040 is White. The majority race/ethnicity attending public schools in 46040 is White. The current unemployment level in 46040 is 3.6%.
| Population | 16,680 |
| Population Growth Rate | 37.21% |
| Population Density | 543 People per Square Mile |
| Total Households | 3,659 |
| Percentage High Income Households | 7.5% |
| Median Household Income (2021) | $111,447 |
| Average Adjusted Gross Income (2021) | $460,040 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 86.57% |
| Public School Majority Race/Ethnicty | White - 79.93% |
46040 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 13,456 | 86.57% |
| Black | 1,260 | 8.11% |
| Hispanic | 460 | 2.96% |
| Asian | 346 | 2.23% |
| Native American | 22 | 0.14% |
| Hawaiian/Pac. Islander | 0 | 0% |
46040 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 3,022 | 85.1% |
| Black | 267 | 7.52% |
| Hispanic | 173 | 4.87% |
| Asian | 80 | 2.25% |
| Native American | 8 | 0.23% |
| Hawaiian/Pac. Islander | 1 | 0.03% |
46040 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 400 | 6.12% |
| Bachelor Degree | 1,607 | 24.57% |
| High School Diploma | 1,959 | 29.95% |
| No High School Diploma | 90 | 1.38% |
| GED or Alternate | 477 | 7.29% |
| 1 or More Years of College | 786 | 12.02% |
| Associates Degree | 436 | 6.67% |
| Masters Degree | 662 | 10.12% |
| Professional Degree | 87 | 1.33% |
| Doctorate Degree | 36 | 0.55% |