ZIP 46517 - 860Z200US46517 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 46517 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a mix of affordability and diversity that can appeal to a wide range of stakeholders. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition in 46517. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

In 2023, ZIP code 46517 is home to a population of 25,438 residents. This sizable community is spread across 8,606 households, indicating a robust local presence with a variety of family structures and living arrangements. The total number of housing units in the area stands at 9,915, suggesting a mix of occupied and potentially available properties. For homebuyers or investors, this balance of population and housing units points to a stable yet potentially growing market worth exploring.

Income & Housing Costs

Financial metrics are a critical factor when evaluating any area, and ZIP 46517 offers a grounded perspective. The median household income here is $53,263, reflecting a moderate earning capacity that supports a range of lifestyles. Housing costs align with this income level, with a median house value of $168,500—indicative of an accessible market for first-time buyers or investors seeking value. For renters, the median rent is $942 per month, offering a more affordable alternative to homeownership in many cases. These figures suggest that 46517 strikes a balance between cost and opportunity, making it a practical choice for diverse audiences.

Race & Ethnicity

The cultural fabric of ZIP code 46517 is notably diverse, which can be a significant draw for those seeking an inclusive community. The racial composition in 2023 breaks down as follows: 52.74% White, 11.81% Black, 0.24% Asian, and 30.36% Hispanic. This diversity not only enriches the social environment but also presents unique opportunities for businesses catering to varied customer bases or investors looking at community-driven growth. Understanding this mix can help you anticipate local needs and preferences, whether you're planning to live or work in the area.

Key Facts

• Total population in ZIP 46517: 25,438 residents in 2023.
• Total households: 8,606, supporting a range of family and individual setups.
• Total housing units: 9,915, indicating potential availability for new residents or investors.
• Median household income: $53,263, reflecting moderate earning potential.
• Median house value: $168,500, offering an accessible entry point for buyers.
• Median rent: $942 per month, a competitive rate for renters.
• Racial diversity: 52.74% White, 30.36% Hispanic, 11.81% Black, 0.24% Asian.

What This Means for You

For homebuyers, ZIP 46517 presents an affordable housing market with a median home value of $168,500, ideal for those entering the market or seeking a cost-effective upgrade. The diversity of the population also means a vibrant community to join. Real estate investors and agents will find value in the balance of occupied and total housing units (8,606 households versus 9,915 units), which could signal opportunities for rentals or flips, especially with a median rent of $942 attracting steady demand. Small-business owners can leverage the diverse demographic makeup—particularly the significant Hispanic population at 30.36%—to tailor products or services to specific cultural needs, while the moderate median income of $53,263 suggests a customer base with disposable income for local goods and services. Analysts can use these metrics to benchmark 46517 against neighboring ZIP codes for deeper market studies. Across all groups, this area offers a practical foundation for growth and connection.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 46517? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code of interest to access up-to-date metrics tailored to your needs, whether for personal or professional use.
• Use the insights to compare areas, identify trends, and make data-driven decisions for your next move or investment.