ZIP code 46016: income, home prices and cost of living

The median household income in ZIP 46016 is $33,720, which is 49% below the Indiana median of $66,588 and 51% below the national figure. The typical home is valued at $62,500, and the median rent is $828/month. 41.5% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$33,720

Indiana average
$66,58849%
National
$68,75051%

Median home value

$62,500

Indiana average
$160,50061%
National
$209,60070%

Median gross rent

$828

Indiana average
$8705%
National
$98416%

Median age

33.7 yrs

Indiana average
40.1 yrs16%
National
41.0 yrs18%

Homeownership rate

41.5%

Indiana average
79.9%48%
National
75.8%45%

Bachelor's degree or higher

7.2%

Indiana average
13.0%45%
National
15.9%55%

How ZIP 46016 compares with Indiana and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

Get a free review of your debt options

Household income in 46016 runs below the Indiana median, which makes debt payments bite harder. A vetted specialist can walk you through the options.

Review my debt options

Nearby ZIP codes in Indiana

46017460134601246011460014603246033460344603646037

Or compare 46016 with 46017.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Indiana money guide.

What people search about ZIP 46016

Searches for the cost of living in 46016, the median household income in 46016, average rent in 46016 and home values in this part of Indiana all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

  • cost of living in 46016
  • median household income in 46016
  • home values in 46016
  • average rent in 46016
  • property tax in 46016
  • housing market in 46016

Methodology

Figures describe ZIP Code Tabulation Area 46016, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.