ZIP 46901 - 860Z200US46901 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 46901 for your next home, investment property, or business location, understanding the local demographics and housing landscape is essential. Located in Indiana, this area offers a mix of affordability and community diversity that appeals to a wide range of stakeholders. In this detailed snapshot based on 2023 data, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 46901 unique and how it can meet your needs.

Population & Households

ZIP 46901 is home to a population of 38,254 residents as of 2023. This sizable community is spread across 15,923 households, indicating a mix of family and individual living arrangements. With a total of 18,307 housing units in the area, there’s a notable difference between occupied and available units, which could signal opportunities for buyers or investors looking to enter the market. Whether you’re a family seeking a new home or a business owner gauging the local customer base, this population size suggests a stable, mid-sized community with potential for growth or engagement.

Income & Housing Costs

Financial metrics are a critical piece of the puzzle when evaluating any area. In ZIP 46901, the median household income stands at $61,041, reflecting a moderate earning capacity that supports a comfortable yet affordable lifestyle for many residents. Housing costs align with this income level, with a median house value of $131,700—well below national averages in many regions—making this an attractive option for first-time homebuyers or investors seeking value. For renters, the median rent is $869 per month, offering a cost-effective alternative to homeownership. These figures point to a market where affordability meets opportunity, whether you’re settling down or building a real estate portfolio.

Race & Ethnicity

Understanding the cultural makeup of an area can provide valuable context for community dynamics and business planning. In ZIP 46901, the racial composition as of 2023 is predominantly White at 83.05%, followed by Black residents at 8.59%, Hispanic or Latino individuals at 4.26%, and Asian residents at 0.45%. This distribution reflects a primarily homogeneous community with pockets of diversity, which could influence everything from school environments to local business offerings. For small-business owners, this demographic insight can help tailor products or services to the majority while also addressing the needs of smaller but significant minority groups.

Key Facts

• Total population in ZIP 46901: 38,254 residents, offering a robust community base.
• Total households: 15,923, indicating a mix of family and solo living arrangements.
• Total housing units: 18,307, with potential availability for new occupants or investors.
• Median household income: $61,041, supporting a moderate cost of living.
• Median house value: $131,700, an affordable entry point for homebuyers.
• Median rent: $869, a budget-friendly option for renters.
• Racial composition: 83.05% White, 8.59% Black, 4.26% Hispanic, 0.45% Asian.

What This Means for You

For homebuyers, ZIP 46901 offers an affordable housing market with median home values at $131,700, well within reach for many budgets. The moderate median income of $61,041 suggests a community where living costs won’t stretch finances thin, making it a practical choice for families or individuals. Real estate investors and agents will note the gap between total housing units (18,307) and households (15,923), which could indicate vacant properties or untapped rental potential—especially with median rents at $869. Small-business owners can leverage the population of 38,254 as a solid customer base, while the racial composition provides clues for targeted marketing or community engagement. Analysts studying regional trends will find this data a useful benchmark for comparing ZIP 46901 to neighboring areas, highlighting its affordability and demographic stability as key strengths.

Run This Study Yourself

Want to dive deeper into ZIP 46901 or explore another area’s demographics and housing stats? Follow these simple steps to get tailored insights:

• Visit ZipcodeGPT to access a powerful tool for ZIP code analysis.
• Enter the ZIP code of interest to pull up the latest data on population, income, and more.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.