ZIP 46176 - 860Z200US46176 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 46176, located in Shelbyville, Indiana, this demographic and housing snapshot offers a clear picture of the area based on the latest 2023 data. With a population of over 28,000 and a mix of homeowners and renters, this ZIP code presents a stable community with accessible housing and income levels that appeal to a variety of stakeholders. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 46176.

Population & Households

ZIP 46176 is home to 28,581 residents, making it a moderately sized community with a small-town feel yet enough scale to support local businesses and amenities. The area has 11,558 households, reflecting a solid base of families and individuals. With 12,724 total housing units, there’s a slight surplus of available homes, which could indicate opportunities for buyers or investors looking to enter the market. This balance between population and housing suggests a stable demand without extreme overcrowding or scarcity.

Income & Housing Costs

The median household income in ZIP 46176 stands at $66,045, positioning it as a middle-income area where residents enjoy a comfortable standard of living. Housing costs align with this income level, with a median home value of $172,400—affordable compared to many urban markets. For renters, the median rent is $962 per month, offering a cost-effective alternative to homeownership. These figures suggest that 46176 is a practical choice for first-time buyers, families seeking value, or investors looking for properties with reasonable entry points and potential for appreciation.

Race & Ethnicity

The demographic makeup of ZIP 46176 is predominantly White, with 87.97% of the population identifying as such. Hispanic residents make up 7.28% of the community, while Black and Asian populations are smaller at 1.83% and 1.1%, respectively. This composition reflects a largely homogeneous area with some diversity, which may influence cultural amenities, community events, and business opportunities catering to specific groups. Understanding this breakdown can help businesses tailor their offerings and help newcomers gauge the community’s vibe.

Key Facts

• Total population: 28,581 residents in 2023.
• Total households: 11,558, supporting a mix of family and individual living.
• Total housing units: 12,724, indicating potential availability for new residents or investors.
• Median household income: $66,045, reflecting a stable middle-income community.
• Median home value: $172,400, an accessible price point for many buyers.
• Median rent: $962, offering affordable options for non-homeowners.
• Racial composition: 87.97% White, 7.28% Hispanic, 1.83% Black, 1.1% Asian.

What This Means for You

For homebuyers, ZIP 46176 offers an attractive blend of affordability and community size. With median home values at $172,400, you can find properties that fit a modest budget while still benefiting from a decent quality of life supported by a $66,045 median income. The slight surplus of housing units (12,724 vs. 11,558 households) might give you negotiating power in a less competitive market.

For investors and real estate agents, the data points to potential in both rental and sales markets. Affordable home prices and a median rent of $962 suggest steady demand from renters who may not yet be ready to buy. The population size ensures a consistent pool of prospective tenants or buyers, making 46176 a low-risk area for real estate ventures.

For small-business owners, the population of 28,581 and household income levels indicate a customer base with disposable income for local goods and services. The demographic makeup, while predominantly White, includes a notable Hispanic presence, which could guide targeted marketing or product offerings. The community’s size supports niche businesses without the intense competition of larger urban centers.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing turnover, or demographic shifts in 46176. The balance of income, housing costs, and population density offers a stable case study for regional comparisons.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 46176? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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