ZIP 46545 - 860Z200US46545 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 46545, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic potential. With a population of over 26,000 and a median household income of $55,889, it presents a snapshot of a community with diverse needs and opportunities. This article breaks down the key metrics for 2023, providing actionable insights for homebuyers, real estate investors, small-business owners, and analysts looking to make informed decisions.

Population & Households

ZIP 46545 is home to a population of 26,581 residents, spread across 11,848 households. This indicates a community of moderate density, with an average household size that supports a mix of families, singles, and retirees. The total number of housing units stands at 13,046, suggesting a slight surplus of available homes relative to current household demand. For those exploring this area, these figures point to a stable residential base with potential for growth or investment in housing stock.

Income & Housing Costs

The median household income in ZIP 46545 is $55,889, reflecting a middle-income community with reasonable purchasing power. This income level supports a housing market where the median home value is $174,700—a price point that may appeal to first-time buyers or investors seeking affordable entry into the market. For renters, the median rent is $986 per month, which aligns with the income demographics and offers a viable alternative to homeownership. These metrics suggest a balanced market where both buying and renting are accessible options for many residents.

Race & Ethnicity

The demographic composition of ZIP 46545 reveals a predominantly white population at 77.73%, with smaller but significant representation from other groups: Black residents make up 6.79%, Asian residents account for 3.47%, and Hispanic or Latino individuals comprise 5.63%. This diversity, while not extensive, indicates a community with varied cultural influences. For businesses and investors, this mix can inform marketing strategies or community engagement efforts, ensuring inclusivity and relevance to the local population.

Key Facts

• Total population: 26,581 residents, offering a sizable market for businesses and services.
• Total households: 11,848, indicating a stable residential base for housing demand.
• Total housing units: 13,046, suggesting potential availability for new residents or investors.
• Median household income: $55,889, reflecting a middle-income community with solid economic footing.
• Median home value: $174,700, an accessible price for many prospective buyers.
• Median rent: $986, providing a competitive rental market for tenants.
• Racial composition: 77.73% white, 6.79% Black, 3.47% Asian, 5.63% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 46545 offers a promising market with median home values at $174,700, which could be within reach for many, especially with a median household income of $55,889. The slight surplus of housing units (13,046 vs. 11,848 households) may also mean less competition for properties, potentially giving buyers leverage in negotiations.

For real estate investors and agents, the data suggests opportunities in both rental and sales markets. With a median rent of $986, rental properties could provide steady cash flow, while the home value indicates room for appreciation or flipping in a middle-income area. The available housing stock could also be a draw for future development or renovation projects.

For small-business owners, a population of 26,581 with moderate diversity offers a solid customer base. The income level supports discretionary spending, making this ZIP code a viable spot for retail, services, or dining ventures. Tailoring offerings to the cultural mix could further enhance business success.

For analysts, these metrics provide a clear baseline for deeper research into economic trends, housing turnover, or community needs in ZIP 46545. The balance of income, housing costs, and population size makes this area worth monitoring for shifts in demand or growth patterns.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 46545? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you're buying a home, investing, or planning a business in the area.