Population 8,595 · Census ACS 2020–24
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Population and households in ZIP 46407
Household size in ZIP 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.42 | 2.79 | 2.57 | 2.68 |
| 2010–14 | 2.47 | 2.82 | 2.59 | 2.73 |
| 2015–19 | 2.39 | 2.75 | 2.57 | 2.71 |
| 2020–24 | 2.34 | 2.66 | 2.54 | 2.65 |
| Change | −0.07 | −0.12 | −0.03 | −0.03 |
ZIP 46407 is a place of small households, averaging 2.34 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has edged down from 2.42 in 2006–10, in line with the national trend.
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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.6 | 36.8 | 37.5 | 37.7 |
| 2010–14 | 39.3 | 37.8 | 38.4 | 38.6 |
| 2015–19 | 41.0 | 38.9 | 39.1 | 39.6 |
| 2020–24 | 40.1 | 39.7 | 39.3 | 40.1 |
| Change | +0.5 | +3.0 | +1.7 | +2.3 |
At 40.1, the median age in ZIP 46407 is the same as the national median, so its age mix looks much like the country's. The median age has crept up from 39.6 in 2006–10, a smaller shift than nationally.
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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 24.9% | 12.0% | 11.8% | 12.3% |
| 2010–14 | 24.7% | 12.0% | 12.0% | 12.3% |
| 2015–19 | 25.2% | 11.2% | 11.6% | 11.6% |
| 2020–24 | 24.5% | 11.5% | 11.7% | 11.6% |
| Change | −0.4 pts | −0.5 pts | −0.1 pts | −0.6 pts |
Single parents head about a quarter of households in ZIP 46407 (24.5%), well above the national share of 11.6%. Of the 301 Indiana ZIP codes with 5,000+ people, only eight have 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 46407
Renters in ZIP 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 55.3% | 32.1% | 28.5% | 33.3% |
| 2010–14 | 59.9% | 34.8% | 30.5% | 35.6% |
| 2015–19 | 58.1% | 35.5% | 30.9% | 36.0% |
| 2020–24 | 59.2% | 34.5% | 29.4% | 34.8% |
| Change | +3.9 pts | +2.3 pts | +1.0 pts | +1.5 pts |
Renters far outnumber owners in ZIP 46407: 59.2% of households rent their homes, against 34.8% nationally. About three-quarters of owners (74.3%) have paid off their mortgages, well above the national share of 39.8%. The renter share is up 3.9 points from 2006–10, as it has nationally. Only 11 of the 301 Indiana ZIP codes with 5,000+ people have a higher share of renters.
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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 27.4% | 9.8% | 11.2% | 11.4% |
| 2010–14 | 31.8% | 9.8% | 11.2% | 11.4% |
| 2015–19 | 37.5% | 8.9% | 10.9% | 11.1% |
| 2020–24 | 32.3% | 7.2% | 9.3% | 9.6% |
| Change | +4.9 pts | −2.6 pts | −2.0 pts | −1.8 pts |
Vacant homes make up 32.3% of the housing in ZIP 46407, 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. Since 2006–10, vacancy has risen 4.9 points, even as the national rate fell.
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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1952 | 1966 | 1972 | 1974 |
| 2010–14 | 1954 | 1967 | 1973 | 1975 |
| 2015–19 | 1954 | 1967 | 1974 | 1977 |
| 2020–24 | 1958 | 1970 | 1977 | 1980 |
| Change | +5 | +4 | +5 | +6 |
The housing in ZIP 46407 is old by national standards: the median home dates to 1958, 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 1952 in 2006–10, a sign of steady new building. Newer construction is concentrated in the north, while the south 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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $650 | $1,060 | $763 | $965 |
| 2010–14 | $647 | $1,142 | $819 | $1,040 |
| 2015–19 | $677 | $1,306 | $903 | $1,213 |
| 2020–24 | $869 | $1,602 | $1,146 | $1,571 |
| Change | +$220 | +$542 | +$384 | +$606 |
A typical rental in ZIP 46407 costs $869 a month with utilities, well below the national median of $1,571. Rent has climbed $220 a month since 2006–10, up 34%, a slower climb than the nation's. Rent takes 34.5% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched. Rents run highest in the southwest and lowest in the north.
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 46407
Bachelor's degrees in ZIP 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.6% | 33.9% | 23.8% | 28.4% |
| 2010–14 | 8.8% | 35.2% | 24.6% | 29.6% |
| 2015–19 | 10.6% | 37.9% | 27.1% | 32.1% |
| 2020–24 | 13.1% | 40.9% | 30.0% | 35.6% |
| Change | +4.5 pts | +7.0 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 46407 have a four-year degree than in the country as a whole: 13.1%, against 35.6% nationally. The share with a degree has risen 4.5 points since 2006–10, as it has nationally. Only 26 of the 301 Indiana ZIP codes with 5,000+ people 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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 79.1% | 85.6% | 86.5% | 84.9% |
| 2010–14 | 81.7% | 86.7% | 87.7% | 86.1% |
| 2015–19 | 81.1% | 88.4% | 88.7% | 87.7% |
| 2020–24 | 83.1% | 89.5% | 89.9% | 89.3% |
| Change | +4.1 pts | +3.9 pts | +3.4 pts | +4.3 pts |
About one in six adults in ZIP 46407 never finished high school, well above the national share: only 83.1% have a diploma or equivalent, against 89.3% nationally. Since 2006–10, the share with a diploma has risen 4.1 points, as it has nationally. ZIP 46407 has a lower share of high school graduates than the great majority of 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 46407
| Period | ZIP 46407 | Chicago area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 20.8% | 9.1% | 8.4% | 8.1% |
| 2010–14 | 25.0% | 10.8% | 8.9% | 9.4% |
| 2015–19 | 12.8% | 6.3% | 4.9% | 5.6% |
| 2020–24 | 6.8% | 6.3% | 4.3% | 5.4% |
| Change | −14.0 pts | −2.8 pts | −4.1 pts | −2.7 pts |
Unemployment runs high in ZIP 46407: 6.8% of the labor force was out of work and looking, against 5.4% nationally. Since 2006–10, unemployment has fallen 14.0 points, a much bigger shift than nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
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 46407 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 46407 | 2.34 | 40.1 | 24.5% | 59.2% | 32.3% | 1958 | $869 | 13.1% | 83.1% | 6.8% |
| ZIP 46402 | 2.57 | 34.4 | 31.3% | 56.7% | 30.1% | 1948 | $1,049 | 13.4% | 87.7% | 13.8% |
| ZIP 46404 | 2.65 | 40.4 | 25.9% | 44.1% | 22.8% | 1959 | $1,132 | 15.7% | 88.6% | 7.4% |
| ZIP 46409 | 2.87 | 33.8 | 27.1% | 54.1% | 34.9% | 1956 | $1,210 | 11.3% | 84.7% | 12.3% |
| ZIP 46408 | 2.63 | 38.4 | 21.7% | 42.2% | 20.5% | 1953 | $1,139 | 13.0% | 86.0% | 11.2% |
| ZIP 46406 | 2.63 | 35.8 | 34.5% | 50.6% | 15.0% | 1964 | $1,004 | 12.7% | 81.3% | 8.9% |
| ZIP 46405 | 2.83 | 36.2 | 19.8% | 24.6% | 7.0% | 1962 | $1,184 | 7.9% | 76.4% | 14.1% |
| ZIP 46403 | 2.23 | 39.9 | 19.8% | 50.9% | 21.5% | 1960 | $967 | 24.1% | 89.8% | 11.8% |
| ZIP 46342 | 2.50 | 40.2 | 11.0% | 26.8% | 8.3% | 1971 | $1,156 | 19.4% | 92.0% | 3.7% |
| ZIP 46319 | 2.38 | 38.4 | 17.0% | 26.6% | 5.9% | 1966 | $1,215 | 27.3% | 95.6% | 3.6% |
| ZIP 46323 | 2.77 | 35.8 | 22.5% | 31.9% | 8.7% | 1960 | $1,282 | 20.3% | 84.6% | 7.1% |
All figures 2020–24.
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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 46407. 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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