Indianapolis-Carmel-Anderson, IN · Indiana
Hancock County
ZIP 46055
82,013 residents1,155 permits TTM$91,326 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$258,100
ACS 5-Year
Cap rate proxy
6.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.7%
HUD FMR ÷ ACS HHI
Net migration
+3.15%
IRS SOI
Permits (TTM)
1,155
Census BPS
Climate risk
44.0
FEMA NRI (0–100)
ZIP 46055
Median home value
$258,100
Gross yield
8.9%
Buy Box score
1.0
Section 8 gap
70.4%
Affordability
P/I: 4.4R/I: 30.6%
Section 8 detail
SAFMR: $1,910Rent: $1,121Gap: 70.4%
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 46055 | $258,100 | $1,910 | 8.9% | 1.0 | 70.4% |
| 46186 | $258,100 | $1,320 | 6.1% | 0.9 | 17.8% |
| 46140 | $258,100 | $1,370 | 6.4% | 0.9 | 22.2% |
| 46163 | $258,100 | $1,380 | 6.4% | 0.8 | 23.1% |
| 46040 | $258,100 | $1,530 | 7.1% | 0.5 | 36.5% |
| 46117 | $258,100 | $1,160 | 5.4% | — | 3.5% |
| 46154 | $258,100 | $1,370 | 6.4% | — | 22.2% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
79.6%
Census ACS
Vacancy rate
3.4%
Census ACS
Bachelor's degree +
34.2%
Census ACS
Rent burdened
39.4%
Census ACS (>30% income)
Median age
40.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026