This data is based on ZIP codes 46220, 46240, 46260, which covers Meridian Hills and Carmel and Williams Creek.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 46220, 46240, 46260 area shared across these towns.
Showing latest year snapshot. Full economic history and trends available with a paid plan. See products & pricing →
Meridian Hills ZIP Area Economy · 2023
Wages +9% vs. avg. Marion Co. town
Meridian Hills's ZIP area supports 74,973 jobs across 4,013 businesses, with workers earning an average of $71K per year, 9% above the Marion County average. The economy is well-diversified (0.89 index), led by professional services and healthcare. 81.1% of businesses have fewer than 20 employees, and each business employs an average of 18.7 people. Jobs grew 1.5% from the prior year while business count grew 0.7%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Marion Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
4,013 businesses by employee count. 81.1% are small businesses (under 20 employees).
Small (10-19)
Micro (<5)
Small (5-9)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Major (500-999)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
18.7
employees per business
County avg: 18.7+0%
$3.0M
payroll per resident
$1.3M
payroll per business
Meridian Hills ZIP Area vs. Avg. Marion Co. Towni
All Industries in ZIP Areai
| Sector | Meridian Hills ZIP | Avg. Marion Co. | Spec. |
|---|---|---|---|
| Professional Services | 621 | 127 | 1.3x |
| Healthcare | 614 | 145 | 1.1x |
| Finance & Insurance | 435 | 90 | 1.3x |
| Retail Trade | 411 | 139 | 0.8x |
| Food & Accommodation | 357 | 104 | 0.9x |
| Real Estate | 347 | 73 | 1.3x |
| Other Services | 308 | 106 | 0.8x |
| Construction | 195 | 76 | 0.7x |
| Admin Services | 194 | 57 | 0.9x |
| Wholesale Trade | 131 | 48 | 0.7x |
| Information | 90 | 21 | 1.1x |
| Arts & Entertainment | 74 | 18 | 1.1x |
| Education | 65 | 16 | 1.1x |
| Manufacturing | 41 | 25 | 0.4x |
| Management | 36 | 8 | 1.2x |
| Transportation | 32 | 20 | 0.4x |