46123 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 46123 is White. The majority race/ethnicity attending public schools in 46123 is White. The current unemployment level in 46123 is 3.6%.
| Population | 41,870 |
| Population Growth Rate | 0% |
| Population Density | 1,505 People per Square Mile |
| Total Households | 11,255 |
| Percentage High Income Households | 4.7% |
| Median Household Income (2021) | $90,628 |
| Average Adjusted Gross Income (2021) | $383,150 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 81.14% |
| Public School Majority Race/Ethnicity | White - 60.42% |
46123 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 33,309 | 81.14% |
| Black | 3,513 | 8.56% |
| Hispanic | 2,619 | 6.38% |
| Asian | 1,543 | 3.76% |
| Native American | 65 | 0.16% |
| Hawaiian/Pac. Islander | 0 | 0% |
46123 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 6,024 | 64.63% |
| Black | 1,724 | 18.5% |
| Hispanic | 1,015 | 10.89% |
| Asian | 542 | 5.81% |
| Native American | 12 | 0.13% |
| Hawaiian/Pac. Islander | 4 | 0.04% |
46123 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 995 | 5.19% |
| Bachelor Degree | 5,214 | 27.2% |
| High School Diploma | 5,187 | 27.06% |
| No High School Diploma | 122 | 0.64% |
| GED or Alternate | 503 | 2.62% |
| 1 or More Years of College | 2,802 | 14.62% |
| Associates Degree | 2,176 | 11.35% |
| Masters Degree | 1,725 | 9% |
| Professional Degree | 261 | 1.36% |
| Doctorate Degree | 184 | 0.96% |
