ZIP code 46407: income, home prices and cost of living

The median household income in ZIP 46407 is $26,502, which is 60% below the Indiana median of $66,588 and 61% below the national figure. The typical home is valued at $53,000, and the median rent is $780/month. 45.0% of households own their home.

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

Median household income

$26,502

Indiana average
$66,58860%
National
$68,75061%

Median home value

$53,000

Indiana average
$160,50067%
National
$209,60075%

Median gross rent

$780

Indiana average
$87010%
National
$98421%

Median age

41.1 yrs

Indiana average
40.1 yrs2%
National
41.0 yrs

Homeownership rate

45.0%

Indiana average
79.9%44%
National
75.8%41%

Bachelor's degree or higher

6.7%

Indiana average
13.0%48%
National
15.9%58%

How ZIP 46407 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.

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Nearby ZIP codes in Indiana

46406464084640546409464044641046403464024639446392

Or compare 46407 with 46406.

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What people search about ZIP 46407

Searches for the cost of living in 46407, the median household income in 46407, average rent in 46407 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.

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Methodology

Figures describe ZIP Code Tabulation Area 46407, 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.