Population 844 · Census ACS 2020–24
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Population and households in ZIP 46987
Household size in ZIP 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.70 | 2.57 | 2.68 |
| 2010–14 | 2.64 | 2.59 | 2.73 |
| 2015–19 | 2.45 | 2.57 | 2.71 |
| 2020–24 | 2.32 | 2.54 | 2.65 |
| Change | −0.38 | −0.03 | −0.03 |
ZIP 46987 is a place of small households, averaging 2.32 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.70 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 40.9 | 37.5 | 37.7 |
| 2010–14 | 36.7 | 38.4 | 38.6 |
| 2015–19 | 47.8 | 39.1 | 39.6 |
| 2020–24 | 41.5 | 39.3 | 40.1 |
| Change | +0.6 | +1.7 | +2.3 |
Half of the people in ZIP 46987 are younger than 41.5 and half are older, close to the national median of 40.1. The population here is older than in Indiana as a whole, where the median age is 39.3.
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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.8% | 11.8% | 12.3% |
| 2010–14 | 9.9% | 12.0% | 12.3% |
| 2015–19 | 5.3% | 11.6% | 11.6% |
| 2020–24 | 12.5% | 11.7% | 11.6% |
| Change | +3.8 pts | −0.1 pts | −0.6 pts |
Single parents head about one in eight households in ZIP 46987 (12.5%), close to 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 46987
Renters in ZIP 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 23.8% | 28.5% | 33.3% |
| 2010–14 | 23.8% | 30.5% | 35.6% |
| 2015–19 | 15.8% | 30.9% | 36.0% |
| 2020–24 | 21.1% | 29.4% | 34.8% |
| Change | −2.6 pts | +1.0 pts | +1.5 pts |
ZIP 46987 is largely a place of homeowners: only 21.1% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Nearly four in ten owners (37.8%) have paid off their mortgages, about the same as 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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.4% | 11.2% | 11.4% |
| 2010–14 | 6.2% | 11.2% | 11.4% |
| 2015–19 | 6.7% | 10.9% | 11.1% |
| 2020–24 | 5.3% | 9.3% | 9.6% |
| Change | −1.2 pts | −2.0 pts | −1.8 pts |
Only 5.3% of homes in ZIP 46987 are vacant, far below the national rate of 9.6%, which usually means strong demand for housing.
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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1963 | 1972 | 1974 |
| 2010–14 | 1975 | 1973 | 1975 |
| 2015–19 | 1973 | 1974 | 1977 |
| 2020–24 | 1967 | 1977 | 1980 |
| Change | +4 | +5 | +6 |
The housing in ZIP 46987 is old by national standards: the median home dates to 1967, 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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $614 | $763 | $965 |
| 2010–14 | $673 | $819 | $1,040 |
| 2015–19 | $673 | $903 | $1,213 |
| 2020–24 | $1,063 | $1,146 | $1,571 |
| Change | +$449 | +$384 | +$606 |
The median renter in ZIP 46987 pays $1,063 a month for rent and utilities, well below the national median of $1,571. Rent takes 37.1% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
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 46987
Bachelor's degrees in ZIP 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.2% | 23.8% | 28.4% |
| 2010–14 | 23.6% | 24.6% | 29.6% |
| 2015–19 | 24.3% | 27.1% | 32.1% |
| 2020–24 | 28.7% | 30.0% | 35.6% |
| Change | +15.6 pts | +6.2 pts | +7.2 pts |
Nearly three in ten adults 25 and older in ZIP 46987 (28.7%) have a bachelor's degree or higher, below the national share of 35.6%. Indiana as a whole looks much the same.
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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 84.4% | 86.5% | 84.9% |
| 2010–14 | 91.0% | 87.7% | 86.1% |
| 2015–19 | 91.0% | 88.7% | 87.7% |
| 2020–24 | 97.8% | 89.9% | 89.3% |
| Change | +13.4 pts | +3.4 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 46987: 97.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 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 46987
| Period | ZIP 46987 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 4.4% | 8.4% | 8.1% |
| 2010–14 | 6.6% | 8.9% | 9.4% |
| 2015–19 | 4.4% | 4.9% | 5.6% |
| 2020–24 | 0.7% | 4.3% | 5.4% |
| Change | −3.8 pts | −4.1 pts | −2.7 pts |
Unemployment in ZIP 46987 has been low: just 0.7% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 46987 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 46987 | 2.32 | 41.5 | 12.5% | 21.1% | 5.3% | 1967 | $1,063 | 28.7% | 97.8% | 0.7% |
| ZIP 46952 | 2.24 | 44.6 | 11.5% | 31.0% | 10.6% | 1962 | $998 | 22.0% | 89.4% | 7.2% |
| ZIP 46919 | 2.51 | 48.0 | 10.4% | 9.9% | 11.0% | 1976 | $666 | 18.2% | 89.7% | 4.7% |
| ZIP 46986 | 2.19 | 42.8 | 6.1% | 8.4% | 6.1% | 1969 | $826 | 18.9% | 90.5% | 7.1% |
| ZIP 46953 | 2.27 | 36.9 | 17.2% | 33.1% | 14.7% | 1962 | $880 | 19.1% | 86.1% | 9.8% |
| ZIP 46984 | 2.30 | 53.8 | 4.5% | 14.8% | 11.2% | 1977 | $671 | 9.8% | 85.8% | 0.0% |
| ZIP 46940 | 2.26 | 45.4 | 9.6% | 16.0% | 8.2% | 1962 | $871 | 18.7% | 93.4% | 0.6% |
| ZIP 46938 | 2.17 | 46.6 | 11.3% | 16.2% | 8.1% | 1962 | $1,003 | 17.1% | 93.7% | 6.0% |
| ZIP 46911 | 2.67 | 39.3 | 2.9% | 7.0% | 6.3% | 1961 | $816 | 17.9% | 85.3% | 4.5% |
| ZIP 46933 | 2.27 | 42.4 | 14.1% | 27.2% | 7.7% | 1955 | $952 | 15.8% | 91.9% | 1.8% |
| ZIP 46936 | 2.53 | 43.4 | 11.0% | 12.5% | 6.5% | 1971 | $871 | 30.1% | 96.7% | 4.6% |
All figures 2020–24.
Zip codes with similar populations: 78827, TX · 29133, SC · 29355, SC · 31527, GA · 32193, FL · 35176, AL · 36482, AL · 37305, TN · 37657, TN · 37691, TN
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 46987. 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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