46516, IN Demographics

Population 31,762 · Census ACS 2020–24

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46516, IN map of median age by neighborhood
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Population and households in ZIP 46516

Household size in ZIP 46516

Household size, people per household
PeriodZIP 46516IndianaU.S.
2006–102.792.572.68
2010–142.882.592.73
2015–192.752.572.71
2020–242.682.542.65
Change−0.12−0.03−0.03
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At 2.68 people per household, ZIP 46516 sits close to the national average of 2.65. The typical household here is bigger than in Indiana as a whole, where it has 2.54 people. Household size has dropped from 2.79 in 2006–10, a much bigger shift than 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 46516

Median age, years
PeriodZIP 46516IndianaU.S.
2006–1034.537.537.7
2010–1434.538.438.6
2015–1935.839.139.6
2020–2437.139.340.1
Change+2.6+1.7+2.3
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The median resident of ZIP 46516 is 37.1 years old, a few years younger than the national median of 40.1. The median age has climbed from 34.5 in 2006–10, in line with the national trend. Residents skew youngest in the center and oldest in the northeast.

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 46516

Single-parent households, % of households
PeriodZIP 46516IndianaU.S.
2006–1019.5%11.8%12.3%
2010–1417.8%12.0%12.3%
2015–1917.4%11.6%11.6%
2020–2416.4%11.7%11.6%
Change−3.1 pts−0.1 pts−0.6 pts
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Single parents head about one in six households in ZIP 46516 (16.4%), well above the national share of 11.6%. The single-parent share is down 3.1 points from 2006–10, a much bigger shift than nationally. ZIP 46516 has a higher share of single-parent households than the great majority of Indiana ZIP codes.

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 46516

Renters in ZIP 46516

Renters, % of occupied homes
PeriodZIP 46516IndianaU.S.
2006–1035.9%28.5%33.3%
2010–1442.3%30.5%35.6%
2015–1940.5%30.9%36.0%
2020–2438.6%29.4%34.8%
Change+2.8 pts+1.0 pts+1.5 pts
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Renting is a bit more common in ZIP 46516 than nationally: 38.6% of households rent their homes, against 34.8% for the U.S. Among homeowners, 42.1% have no mortgage at all, about the same as nationally. Renting is most common in the northwest and least common in the northeast. The renter share has risen 2.8 points since 2006–10, mirroring the country.

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 46516

Vacant homes, % of all homes
PeriodZIP 46516IndianaU.S.
2006–1016.1%11.2%11.4%
2010–1414.4%11.2%11.4%
2015–1917.3%10.9%11.1%
2020–2414.9%9.3%9.6%
Change−1.2 pts−2.0 pts−1.8 pts
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Vacant homes make up 14.9% of the housing in ZIP 46516, 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 edged down 1.2 points since 2006–10, mirroring the country.

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 46516

Age of homes, median year built
PeriodZIP 46516IndianaU.S.
2006–10196219721974
2010–14196119731975
2015–19196119741977
2020–24196119771980
Change−1+5+6
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ZIP 46516 is a place of older homes: half were built before 1961, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The newest homes are mostly in the east, the oldest in the center.

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 46516

Rent, per month
PeriodZIP 46516IndianaU.S.
2006–10$684$763$965
2010–14$749$819$1,040
2015–19$765$903$1,213
2020–24$983$1,146$1,571
Change+$299+$384+$606
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The median renter in ZIP 46516 pays $983 a month for rent and utilities, well below the national median of $1,571. Rents are up $299 a month from 2006–10, a 44% rise, a slower climb than the nation's. Rent takes 32.6% of the typical renter's income, just over the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the north; the highest are in the southwest.

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 46516

Bachelor's degrees in ZIP 46516

Bachelor's degrees, % of adults 25+
PeriodZIP 46516IndianaU.S.
2006–1014.1%23.8%28.4%
2010–1412.9%24.6%29.6%
2015–1914.3%27.1%32.1%
2020–2418.9%30.0%35.6%
Change+4.8 pts+6.2 pts+7.2 pts
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College degrees are relatively uncommon in ZIP 46516: 18.9% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree has risen 4.8 points since 2006–10, in line with the national trend. College graduates are most concentrated in the north and least in the southwest.

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 46516

High school graduates, % of adults 25+
PeriodZIP 46516IndianaU.S.
2006–1074.9%86.5%84.9%
2010–1477.2%87.7%86.1%
2015–1976.2%88.7%87.7%
2020–2481.7%89.9%89.3%
Change+6.7 pts+3.4 pts+4.3 pts
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More than one in six adults in ZIP 46516 never finished high school, well above the national share: only 81.7% have a diploma or equivalent, against 89.3% nationally. Since 2006–10, the share with a diploma has risen 6.7 points, as it has nationally. ZIP 46516 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 46516

Unemployment, % of the labor force
PeriodZIP 46516IndianaU.S.
2006–1013.7%8.4%8.1%
2010–1414.0%8.9%9.4%
2015–199.2%4.9%5.6%
2020–245.0%4.3%5.4%
Change−8.7 pts−4.1 pts−2.7 pts
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At 5.0%, unemployment in ZIP 46516 is close to the national rate of 5.4%. Unemployment has fallen 8.7 points since 2006–10, a much bigger shift than nationally. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 46516 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 465162.6837.116.4%38.6%14.9%1961$98318.9%81.7%5.0%
ZIP 465172.8640.413.4%33.5%9.8%1977$1,16515.6%80.2%2.9%
ZIP 465142.6839.715.7%28.8%10.9%1976$1,11319.8%86.2%3.5%
ZIP 465612.6441.212.0%14.3%3.4%1979$1,17331.1%93.5%1.8%
ZIP 465073.0535.810.5%14.9%10.9%1985$1,20420.9%88.6%3.3%
ZIP 465283.3833.511.9%18.5%6.7%1981$1,11723.0%80.5%3.7%
ZIP 491122.5242.111.5%18.6%10.4%1979$1,11420.7%89.1%2.8%
ZIP 465263.0536.811.2%32.9%11.9%1980$1,07226.0%82.0%3.5%
ZIP 491302.2543.311.1%18.5%17.3%1976$91726.9%90.1%7.2%
ZIP 465732.9538.65.8%12.8%7.0%1964$97328.0%85.9%6.6%
ZIP 465302.7940.86.5%15.4%5.3%1991$1,75354.1%96.7%4.4%

All figures 2020–24.

Zip codes with similar populations: 00784, PR · 48313, MI · 46260, IN · 46241, IN · 37876, TN · 37643, TN · 34772, FL · 33543, FL · 33133, FL · 22630, VA

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 46516. 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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