Is 46038 a good location for a restaurant?

What public records measure around the center of ZIP 46038 in Hamilton County, Indiana for a restaurant: households and income, jobs within reach, resident spending and the restaurants already mapped there. Whether a particular address fits is a question about that address; check one free below.

ZIP 46038, Hamilton County, Indiana

Restaurant. Measured from the center of the ZIP, not an address. ZIP 46038 covers 16 square miles, so its edges are about 2 miles from the center. Jobs and competitors are counted within a mile of the center and resident spending within 3 miles; the household figures beside are for the whole ZIP. Checked Oct 22, 2026.

ZIP 46038
17,281 households
Median household income
$106,886
Residents
43,754
Restaurants with employees, 2023
45

What stands out

  1. Few jobs within a short walk

    12Jobs
    3,800Households

    12 jobs are within a 5-minute walk (0.25 mile) and 383 within 10 minutes (0.5 mile), from Census workplace records for 2023.

  2. Less nearby competition than most

    2Sit-down and casual restaurants
    0.45 miNearest rival

    Overture's places data lists 2 sit-down and casual restaurants within half a mile (0 chain, 0 local multi-location and 2 independent) and 55 within a mile.

  3. What spending nearby can support

    $366KMiddle-case sales
    $3,050Rent the middle case supports

    Spending near the center of this ZIP supports an estimated $271,000 to $542,000 a year in sales for this business (middle case $366,000).

  4. Lantern Rd carries about 4,719 vehicles a day

    4,719Vehicles a day

    The nearest counted road is Lantern Rd, 4,719 vehicles a day (FHWA HPMS 2024), about 910 feet away.

What the center of ZIP 46038 can sell each year

Middle case$366K

Sales a year, planning range

Low case$271K
High case$542K
Rivals within 2 mi109
Healthy share for this business
6% to 10%
Base rent the ZIP center supports
$1,350 to $4,500 a month

Resident, worker and student spending near the ZIP center, shared among competitors by distance (Huff model). A planning range with stated assumptions, not a forecast.

Competition

Competitors within half a mile2

7th percentile for nearby competition among 4,839 similar businesses in the Indianapolis-Carmel-Greenwood metro area

Under the metro median of 16
Within a quarter mile0
Within 1 mile55

Nearest competitors

  • Competitor 1Independent2,380 ft
  • Competitor 3Independent2,710 ft
  • Competitor 4Independent2,790 ft
  • Competitor 5Chain2,790 ft
  • Competitor 6Independent2,840 ft

Overture Maps Foundation places, 2026-09-23.1. Listings, not verified hours or menus.

Jobs within walking distance

10-minute walk383

Jobs at workplaces within half a mile

5-minute walk12
Within 1 mile9,837
Office-type, half mile157

Largest employers within a 10-minute walk

  • Professional services100
  • Wholesale99
  • Health care98
  • Finance and insurance30
  • Real estate27

Census LEHD workplace records, jobs as of 2023. Straight-line distances. Office attendance is still roughly half to 60% of 2020 levels. Jobs are workplaces, not visits.

Traffic on nearby roads

Vehicles a day on Lantern Rd4,719

Nearest counted road, 2024 count

State DOT and FHWA annual average daily traffic, both directions. Vehicles, not foot traffic.

What an address adds

  • The free check of an addressThe same measurements within a short walk of one address in 46038: who lives and works right there, the competition on that block and the traffic on its road. No account.
  • The full reportFor one address: whether the rules allow a restaurant there, the rent the location supports against the asking rent, what has opened and closed nearby, and the questions to settle before signing.

Have an address in 46038 in mind?

Check the address free

The restaurant check reads the same public records at the address itself.

Sources: Overture Maps Foundation: Places (Overture Places release 2026-09-23.1); DoorWorthy demand model: resident, worker and student spending shared among competitors (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); U.S. Census Bureau: ACS (ACS 2020-2024 five-year estimates); U.S. Census Bureau Gazetteer: ZIP Code Tabulation Area center (ZCTA internal point; land area 16 square miles); U.S. Census ACS households by income with BLS Consumer Expenditure Survey spending (ACS 2020-2024; 2020 Census; BLS CE 2024; prices 2026-08); FHWA Highway Performance Monitoring System (Annual average daily traffic, latest count 2024); U.S. Census Bureau: LEHD LODES workplace jobs (LODES8 workplace area characteristics, jobs as of 2023); U.S. Census Bureau ZIP Code Business Patterns 2023 (establishments with paid employees). Listings and counts are public records, not visits or sales in this ZIP.

Questions about ZIP 46038.

ZIP 46038 for another business