46406, IN Demographics

Population 8,932 · Census ACS 2020–24

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46406, IN map of median age by neighborhood
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Population and households in ZIP 46406

Household size in ZIP 46406

Household size, people per household
PeriodZIP 46406Chicago areaIndianaU.S.
2006–102.672.792.572.68
2010–142.662.822.592.73
2015–192.422.752.572.71
2020–242.632.662.542.65
Change−0.04−0.12−0.03−0.03
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Households in ZIP 46406 average 2.63 people, about the same as the country as a whole (2.65). Household size has edged down from 2.67 in 2006–10, as it has nationally.

Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).

Median age in ZIP 46406

Median age, years
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1040.336.837.537.7
2010–1438.537.838.438.6
2015–1936.438.939.139.6
2020–2435.839.739.340.1
Change−4.5+3.0+1.7+2.3
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ZIP 46406 is young: half of its residents are under 35.8, compared with a national median of 40.1. The population tilts toward young adults and children. The median age has dropped from 40.3 in 2006–10, even as the national median rose.

Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).

Single-parent households in ZIP 46406

Single-parent households, % of households
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1022.8%12.0%11.8%12.3%
2010–1424.4%12.0%12.0%12.3%
2015–1922.9%11.2%11.6%11.6%
2020–2434.5%11.5%11.7%11.6%
Change+11.7 pts−0.5 pts−0.1 pts−0.6 pts
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Single parents head just over a third of households in ZIP 46406 (34.5%), well above the national share of 11.6%. Since 2006–10, the single-parent share has risen 11.7 points, even as the national share fell. No other Indiana ZIP code with 5,000+ people has a higher share of single-parent households.

Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).

Housing in ZIP 46406

Renters in ZIP 46406

Renters, % of occupied homes
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1039.4%32.1%28.5%33.3%
2010–1443.0%34.8%30.5%35.6%
2015–1945.9%35.5%30.9%36.0%
2020–2450.6%34.5%29.4%34.8%
Change+11.2 pts+2.3 pts+1.0 pts+1.5 pts
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Most households in ZIP 46406 rent: 50.6% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. About two-thirds of owners (65.3%) have paid off their mortgages, well above the national share of 39.8%. The renter share has risen 11.2 points since 2006–10, a much bigger shift than nationally.

Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).

Vacant homes in ZIP 46406

Vacant homes, % of all homes
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1017.0%9.8%11.2%11.4%
2010–1416.8%9.8%11.2%11.4%
2015–1919.1%8.9%10.9%11.1%
2020–2415.0%7.2%9.3%9.6%
Change−2.0 pts−2.6 pts−2.0 pts−1.8 pts
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Vacancy is high in ZIP 46406: 15.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy has fallen 2.0 points since 2006–10, in line with the national trend.

Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).

Age of homes in ZIP 46406

Age of homes, median year built
PeriodZIP 46406Chicago areaIndianaU.S.
2006–101957196619721974
2010–141959196719731975
2015–191961196719741977
2020–241964197019771980
Change+6+4+5+6
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The housing in ZIP 46406 is old by national standards: the median home dates to 1964, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The median year built has moved up from 1957 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southeast, while the northwest has the oldest housing.

Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).

Rent in ZIP 46406

Rent, per month
PeriodZIP 46406Chicago areaIndianaU.S.
2006–10$689$1,060$763$965
2010–14$747$1,142$819$1,040
2015–19$817$1,306$903$1,213
2020–24$1,004$1,602$1,146$1,571
Change+$315+$542+$384+$606
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Rent in ZIP 46406 runs $1,004 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $315 a month since 2006–10, up 46%, a slower climb than the nation's. The typical renter here spends 37.8% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the northwest and lowest in the southeast.

Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).

Education in ZIP 46406

Bachelor's degrees in ZIP 46406

Bachelor's degrees, % of adults 25+
PeriodZIP 46406Chicago areaIndianaU.S.
2006–106.9%33.9%23.8%28.4%
2010–148.2%35.2%24.6%29.6%
2015–1911.1%37.9%27.1%32.1%
2020–2412.7%40.9%30.0%35.6%
Change+5.8 pts+7.0 pts+6.2 pts+7.2 pts
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College degrees are relatively uncommon in ZIP 46406: 12.7% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree is up 5.8 points from 2006–10, in line with the national trend. Of the 301 Indiana ZIP codes with 5,000+ people, only 19 have a lower share of college graduates.

Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

High school graduates in ZIP 46406

High school graduates, % of adults 25+
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1076.7%85.6%86.5%84.9%
2010–1478.3%86.7%87.7%86.1%
2015–1980.5%88.4%88.7%87.7%
2020–2481.3%89.5%89.9%89.3%
Change+4.6 pts+3.9 pts+3.4 pts+4.3 pts
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Nearly one in five adults in ZIP 46406 never finished high school, well above the national share: only 81.3% have a diploma or equivalent, against 89.3% nationally. The share with a diploma has risen 4.6 points since 2006–10, mirroring the country. ZIP 46406 has a lower share of high school graduates than at least four in five Indiana ZIP codes.

High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).

Jobs in ZIP 46406

Unemployment, % of the labor force
PeriodZIP 46406Chicago areaIndianaU.S.
2006–1018.9%9.1%8.4%8.1%
2010–1423.3%10.8%8.9%9.4%
2015–1912.2%6.3%4.9%5.6%
2020–248.9%6.3%4.3%5.4%
Change−10.0 pts−2.8 pts−4.1 pts−2.7 pts
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Finding work has been harder in ZIP 46406: 8.9% of the labor force was out of work and looking, well above the national rate of 5.4%. Of the 301 Indiana ZIP codes with 5,000+ people, only 18 have higher unemployment. Unemployment is down 10.0 points from 2006–10, a much bigger shift than nationally.

Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).

ZIP 46406 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 464062.6335.834.5%50.6%15.0%1964$1,00412.7%81.3%8.9%
ZIP 464042.6540.425.9%44.1%22.8%1959$1,13215.7%88.6%7.4%
ZIP 463232.7735.822.5%31.9%8.7%1960$1,28220.3%84.6%7.1%
ZIP 464022.5734.431.3%56.7%30.1%1948$1,04913.4%87.7%13.8%
ZIP 464072.3440.124.5%59.2%32.3%1958$86913.1%83.1%6.8%
ZIP 463192.3838.417.0%26.6%5.9%1966$1,21527.3%95.6%3.6%
ZIP 463222.2946.311.4%21.7%5.5%1969$1,30129.9%94.2%4.9%
ZIP 464082.6338.421.7%42.2%20.5%1953$1,13913.0%86.0%11.2%
ZIP 463122.7536.122.4%57.1%19.1%1943$91011.8%73.9%8.2%
ZIP 463242.5937.816.4%31.8%8.9%1952$1,22316.3%83.9%4.1%
ZIP 464092.8733.827.1%54.1%34.9%1956$1,21011.3%84.7%12.3%

All figures 2020–24.

Zip codes with similar populations: 02673, MA · 04096, ME · 04468, ME · 06907, CT · 07656, NJ · 07825, NJ · 08086, NJ · 08406, NJ · 08810, NJ · 76060, TX

About these numbers

Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 46406. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.

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