The 46032 ZIP Code is associated with the city of Carmel in Indiana in Hamilton County in the United States. The current population estimate is 51,551. An estimated 97.2% in this Indiana region have a high school degree or higher, while the per capita income comes in at approximately $63,241. Approximately 3% of the population is living below the poverty line. The median household income of this region is $101,526. The median age in ZIP Code 46032 is approximately 37.9 years, and 16.3% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 46032 is $101,526, while the region's mean household income is $160,113. Breaking income down further, per capita income in the region is $63,241. The per capita income in ZIP Code 46032 of $63,241 is approximately 112.38% more than the per capita income in Indiana overall of $29,777. An estimated 3.2% of the population is living below the poverty line in this region. This rate is approximately 66.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 23.1% of the population in 46032 earn $200,000 or more per year, while an estimated 17.3% earn $100,000 to $149,999 per year, and 1.4% of 46032 residents earn less than $10,000 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 1.4% |
| $10,000 to $14,999 per year | 2.0% |
| $15,000 to $24,999 per year | 4.0% |
| $25,000 to $34,999 per year | 5.0% |
| $35,000 to $49,999 per year | 8.4% |
| $50,000 to $74,999 per year | 15.7% |
| $75,000 to $99,999 per year | 12.5% |
| $100,000 to $149,999 per year | 17.3% |
| $150,000 to $199,999 per year | 10.5% |
| $200,000 or more per year | 23.1% |
Looking at race in the population that makes up ZIP Code 46032, 97.7% is one race, while 2.3% are two or more races. Approximately 4.3% of 46032 residents are hispanic or Latino (of any race). The most common race in 46032 (race alone or in combination with one or more other races), is White (85.8%), followed by Asian (10.7%) .
| Industry | Percent |
|---|---|
| White | 85.8% |
| Black or African American | 3.8% |
| American Indian and Alaska Native | 1.0% |
| Asian | 10.7% |
| Native Hawaiian and Other Pacific Islander | 0.0% |
| Some other race | 1.2% |
Residents of ZIP Code 46032 are younger than average. The median age of 37.9 years in ZIP Code 46032 is approximately 0.52% lower than the overall median age in the U.S. of 38.1 years. About 74.6% of residents are aged 18 years and older, and 16.3% of residents are 62 years and over. Approximately 14.7% of the population in 46032 falls in the age group 35 to 44 years, while an estimated 13.7% are aged 45 to 54 years. On the low end of the scale, 2.0% of 46032 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.1% |
| 5 to 9 years | 6.5% |
| 10 to 14 years | 7.2% |
| 15 to 19 years | 8.3% |
| 20 to 24 years | 5.5% |
| 25 to 34 years | 11.8% |
| 35 to 44 years | 14.7% |
| 45 to 54 years | 13.7% |
| 55 to 59 years | 7.3% |
| 60 to 64 years | 6.3% |
| 65 to 74 years | 7.3% |
| 75 to 84 years | 3.4% |
| 85 years and over | 2.0% |
In ZIP Code 46032, 87.7% of the population lists "English only" as the language spoken in home, while 2.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.7% of homes, and other Indo-European languages are spoken in 5.6% of homes. Lastly, 0.5% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Hamilton County region.
| Language Spoken | Percent |
|---|---|
| English only | 87.7% |
| Spanish | 2.4% |
| Other Indo-European languages | 3.7% |
| Asian and Pacific Islander languages | 5.6% |
| Other languages | 0.5% |
The median home value in ZIP Code 46032 in July 2024 comes in at $576,330. The July 2024 value is approximately 2% higher than the $563,030 median value in February 2024, and 4% higher than the $555,043 median value in August 2023. Regarding the age of homes in ZIP Code 46032, an estimated 27.5% of homes were built between 1990 and 1999. Additionally, 21.8% of homes in the region were built between 2000 and 2009, while an estimated 0.4% of homes were built between 1940 and 1949 in this Hamilton County region.
| Month | Home value |
|---|---|
| Jul 2024 | $576,330 |
| Jun 2024 | $576,270 |
| May 2024 | $574,874 |
| Apr 2024 | $571,583 |
| Mar 2024 | $567,133 |
| Feb 2024 | $563,030 |
| Jan 2024 | $560,102 |
| Dec 2023 | $558,379 |
| Nov 2023 | $558,054 |
| Oct 2023 | $558,281 |
| Sep 2023 | $557,704 |
| Aug 2023 | $555,043 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 5.8% |
| Built between 2010 and 2013 | 8.7% |
| Built between 2000 and 2009 | 21.8% |
| Built between 1990 and 1999 | 27.5% |
| Built between 1980 and 1989 | 12.8% |
| Built between 1970 and 1979 | 10.8% |
| Built between 1960 and 1969 | 7.5% |
| Built between 1950 and 1959 | 3.5% |
| Built between 1940 and 1949 | 0.4% |
| Built in 1939 or earlier | 1.1% |
In ZIP Code 46032, 97.2% of the population graduated high school, while 69.7% have a bachelor's degree or higher. In this region, 0.7% achieved an education level less than 9th grade, while 29.7% hold a graduate or professional degree. Approximately 9.7% in this Hamilton County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.7% |
| 9th to 12th grade, no diploma | 2.1% |
| High school graduate (includes equivalency) | 9.7% |
| Some college, no degree | 12.9% |
| Associate's degree | 4.9% |
| Bachelor's degree | 40.0% |
| Graduate or professional degree | 29.7% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 46032 is current access to health insurance, as an estimated 95.4% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 46032 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 95.4% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 46032 has an average daily solar radiation level of 4.82 kWh/m2/day. This is approximately 16.99% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.86% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 46032 | 9.06¢/kWh | 10.08¢/kWh | 7.36¢/kWh |
| Indiana | 14.8¢/kWh | 12.49¢/kWh | 8.2¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 46032 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.43 | 1.9 | 5.84 |
| Feb | 4.12 | 3 | 6.31 |
| Mar | 4.99 | 3.65 | 7.02 |
| Apr | 5.13 | 5.13 | 7.3 |
| May | 5.56 | 5.17 | 7.13 |
| Jun | 5.91 | 5.72 | 6.95 |
| Jul | 5.98 | 6.22 | 6.51 |
| Aug | 6.09 | 6.08 | 6.65 |
| Sep | 5.55 | 5.15 | 7.02 |
| Oct | 4.67 | 3.32 | 6.92 |
| Nov | 3.57 | 2.33 | 5.99 |
| Dec | 2.89 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 46032, credit reporting or credit repair services have received the most complaints in 46032 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this Hamilton County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 170 |
| Credit reporting or other personal consumer reports | 116 |
| Credit card or prepaid card | 37 |
| Checking or savings account | 27 |
| Credit card | 26 |
| Other | 37 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 145 |
| Improper use of your report | 63 |
| Problem with a credit reporting company's investigation | 41 |
| Problem with a company's investigation into an existing problem | 24 |
| Managing an account | 15 |
| Other | 125 |
In 46032, 72.1% of the population is in the labor force. Recent estimates place 10.1% as working from home, while the total labor force in the region has a mean travel to time to work of 22.3 minutes. Approximately 25.6% of the employed population 16 years and over in 46032 work in educational services, and health care and social assistance, while an estimated 17.8% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.1% of 46032 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.1% |
| Construction | 4.1% |
| Manufacturing | 12.1% |
| Wholesale trade | 3.5% |
| Retail trade | 6.5% |
| Transportation and warehousing, and utilities | 3.1% |
| Information | 2.2% |
| Finance and insurance, and real estate and rental and leasing | 10.7% |
| Professional, scientific, management, and administrative | 17.8% |
| Educational services, and health care and social assistance | 25.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.3% |
| Other services, except public administration | 3.6% |
| Public administration | 1.3% |