dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +3.1% YoY. inventory, +1.5% YoY, is the number to watch.
The median listing price is up 3.1% YoY while the median home got down 2.7% bigger, so value per square foot is down 1.5%.
U.S. Census ACS characteristics for ZIP 46237 itself, not its parent county.
Renters hold 31.1% of this ZIP's 17,451 occupied households, on a median household income of $79K.
| Measure | ZIP 46237 | Marion County | Difference |
|---|---|---|---|
| Median Household Income | $79K | $66K | +$13K |
| Below Poverty Level | 8.0% | 15.3% | -7.3% |
| Median Age | 37.60 | 34.40 | +3.20 |
| Total Population | 43,473 | 975,809 | -- |
| Avg Household Size | 2.47 | 2.40 | +0.07 |
| Owner-Occupied | 68.9% | 56.5% | +12.4% |
| Worked From Home | 14.5% | 13.9% | +0.6% |
| Mean Commute | 25.50 | 24.50 | +1.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.4% to 975,809: residents under 18 are up 0.1% and those 65 and over are up 2.7%.
County median household income is $66K, 15.3% of residents are below the poverty level, 13.9% work from home.