ZIP code 46616: income, home prices and cost of living

The median household income in ZIP 46616 is $50,515, which is 24% below the Indiana median of $66,588 and 27% below the national figure. The typical home is valued at $109,100, and the median rent is $989/month. 57.2% of households own their home.

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

Median household income

$50,515

Indiana average
$66,58824%
National
$68,75027%

Median home value

$109,100

Indiana average
$160,50032%
National
$209,60048%

Median gross rent

$989

Indiana average
$87014%
National
$984

Median age

33.5 yrs

Indiana average
40.1 yrs16%
National
41.0 yrs18%

Homeownership rate

57.2%

Indiana average
79.9%28%
National
75.8%25%

Bachelor's degree or higher

11.6%

Indiana average
13.0%11%
National
15.9%27%

How ZIP 46616 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

46615466174661446613466194662846601466354663746590

Or compare 46616 with 46615.

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See every local figure on the Indiana money guide.

What people search about ZIP 46616

Searches for the cost of living in 46616, the median household income in 46616, average rent in 46616 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 46616, 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.