Population 2,438 · Census ACS 2020–24
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Population and households in ZIP 46940
Household size in ZIP 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.31 | 2.57 | 2.68 |
| 2010–14 | 2.47 | 2.59 | 2.73 |
| 2015–19 | 2.39 | 2.57 | 2.71 |
| 2020–24 | 2.26 | 2.54 | 2.65 |
| Change | −0.05 | −0.03 | −0.03 |
ZIP 46940 is a place of small households, averaging 2.26 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 45.9 | 37.5 | 37.7 |
| 2010–14 | 44.9 | 38.4 | 38.6 |
| 2015–19 | 45.9 | 39.1 | 39.6 |
| 2020–24 | 45.4 | 39.3 | 40.1 |
| Change | −0.5 | +1.7 | +2.3 |
With a median age of 45.4, ZIP 46940 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.2% | 11.8% | 12.3% |
| 2010–14 | 10.8% | 12.0% | 12.3% |
| 2015–19 | 7.9% | 11.6% | 11.6% |
| 2020–24 | 9.6% | 11.7% | 11.6% |
| Change | +1.4 pts | −0.1 pts | −0.6 pts |
Single parents head about one in ten households in ZIP 46940 (9.6%), below the national share of 11.6%.
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 46940
Renters in ZIP 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.5% | 28.5% | 33.3% |
| 2010–14 | 17.5% | 30.5% | 35.6% |
| 2015–19 | 15.3% | 30.9% | 36.0% |
| 2020–24 | 16.0% | 29.4% | 34.8% |
| Change | +3.4 pts | +1.0 pts | +1.5 pts |
ZIP 46940 is largely a place of homeowners: only 16.0% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 39.4% have no mortgage at all, about the same as nationally. The renter share has risen 3.4 points since 2006–10, but in a place this small, much of that may be survey noise rather than real change.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.2% | 11.2% | 11.4% |
| 2010–14 | 4.4% | 11.2% | 11.4% |
| 2015–19 | 13.5% | 10.9% | 11.1% |
| 2020–24 | 8.2% | 9.3% | 9.6% |
| Change | −2.0 pts | −2.0 pts | −1.8 pts |
About as many homes sit empty in ZIP 46940 as nationally: 8.2%, against 9.6%.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1964 | 1972 | 1974 |
| 2010–14 | 1958 | 1973 | 1975 |
| 2015–19 | 1965 | 1974 | 1977 |
| 2020–24 | 1962 | 1977 | 1980 |
| Change | −2 | +5 | +6 |
The housing in ZIP 46940 is old by national standards: the median home dates to 1962, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $569 | $763 | $965 |
| 2010–14 | $707 | $819 | $1,040 |
| 2015–19 | $711 | $903 | $1,213 |
| 2020–24 | $871 | $1,146 | $1,571 |
| Change | +$303 | +$384 | +$606 |
A typical rental in ZIP 46940 costs $871 a month with utilities, well below the national median of $1,571. Rent takes 28.8% of the typical renter's income, just under the 30% mark often used to define affordable rent.
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 46940
Bachelor's degrees in ZIP 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.9% | 23.8% | 28.4% |
| 2010–14 | 15.8% | 24.6% | 29.6% |
| 2015–19 | 16.0% | 27.1% | 32.1% |
| 2020–24 | 18.7% | 30.0% | 35.6% |
| Change | +4.8 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 46940 have a four-year degree than in the country as a whole: 18.7%, against 35.6% nationally.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 91.1% | 86.5% | 84.9% |
| 2010–14 | 90.6% | 87.7% | 86.1% |
| 2015–19 | 91.4% | 88.7% | 87.7% |
| 2020–24 | 93.4% | 89.9% | 89.3% |
| Change | +2.3 pts | +3.4 pts | +4.3 pts |
High school completion in ZIP 46940 is above the national rate: 93.4% of adults have a diploma, against 89.3%.
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 46940
| Period | ZIP 46940 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 4.6% | 8.4% | 8.1% |
| 2010–14 | 4.3% | 8.9% | 9.4% |
| 2015–19 | 4.0% | 4.9% | 5.6% |
| 2020–24 | 0.6% | 4.3% | 5.4% |
| Change | −3.9 pts | −4.1 pts | −2.7 pts |
Unemployment in ZIP 46940 has been low: just 0.6% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 46940 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 46940 | 2.26 | 45.4 | 9.6% | 16.0% | 8.2% | 1962 | $871 | 18.7% | 93.4% | 0.6% |
| ZIP 46984 | 2.30 | 53.8 | 4.5% | 14.8% | 11.2% | 1977 | $671 | 9.8% | 85.8% | 0.0% |
| ZIP 46952 | 2.24 | 44.6 | 11.5% | 31.0% | 10.6% | 1962 | $998 | 22.0% | 89.4% | 7.2% |
| ZIP 46987 | 2.32 | 41.5 | 12.5% | 21.1% | 5.3% | 1967 | $1,063 | 28.7% | 97.8% | 0.7% |
| ZIP 46992 | 2.44 | 43.2 | 8.7% | 22.7% | 11.9% | 1959 | $777 | 24.1% | 87.8% | 4.0% |
| ZIP 46919 | 2.51 | 48.0 | 10.4% | 9.9% | 11.0% | 1976 | $666 | 18.2% | 89.7% | 4.7% |
| ZIP 46953 | 2.27 | 36.9 | 17.2% | 33.1% | 14.7% | 1962 | $880 | 19.1% | 86.1% | 9.8% |
| ZIP 46991 | 2.30 | 45.3 | 13.8% | 14.9% | 14.9% | 1955 | $886 | 10.1% | 92.6% | 8.8% |
| ZIP 46911 | 2.67 | 39.3 | 2.9% | 7.0% | 6.3% | 1961 | $816 | 17.9% | 85.3% | 4.5% |
| ZIP 46986 | 2.19 | 42.8 | 6.1% | 8.4% | 6.1% | 1969 | $826 | 18.9% | 90.5% | 7.1% |
| ZIP 46792 | 2.23 | 52.4 | 5.0% | 25.3% | 6.2% | 1971 | $927 | 15.3% | 94.7% | 6.6% |
All figures 2020–24.
Zip codes with similar populations: 13092, NY · 75938, TX · 41049, KY · 44818, OH · 48834, MI · 48857, MI · 54810, WI · 60184, IL · 62917, IL · 65039, MO
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 46940. 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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