ZIP 46506 vs ZIP 46516
A side-by-side comparison of ZIP Code 46506 and ZIP Code 46516: population, income, housing, and more.
ZIP 46506 and ZIP 46516 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 46516 has the higher population (31,959 vs 10,095 in ZIP 46506). ZIP 46506 has the higher median household income ($72,689 vs $54,934 in ZIP 46516). ZIP 46506 has the higher median home value ($224,600 vs $150,400 in ZIP 46516).
Population, income & housing
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| Population | 10,095 | 31,959 |
| Median age | 37.6 yrs | 36.4 yrs |
| Median household income | $72,689 | $54,934 |
| Median home value | $224,600 | $150,400 |
| Median gross rent | $934 | $986 |
| Housing units | 4,062 | 14,137 |
| Homeownership rate | 75.5% | 61.6% |
| Bachelor's degree or higher | 20.7% | 18.0% |
| Unemployment rate | 1.4% | 4.9% |
Trends (ACS 5-year, 2019–2023)
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| Population | 9,700 → 10,095 (+4.1%) | 31,329 → 31,959 (+2.0%) |
| Median household income | $57,997 → $72,689 (+25.3%) | $48,328 → $54,934 (+13.7%) |
| Median home value | $159,000 → $224,600 (+41.3%) | $113,300 → $150,400 (+32.7%) |
| Median gross rent | $741 → $934 (+26.0%) | $742 → $986 (+32.9%) |
ZIP 46506
9,70010,095
$57,997$72,689
$159,000$224,600
$741$934
ZIP 46516
31,32931,959
$48,328$54,934
$113,300$150,400
$742$986
Age & race/ethnicity
Age distribution (share)
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| Under 5 | 6.9% | 7.8% |
| 5 to 17 | 20.5% | 18.7% |
| 18 to 24 | 5.9% | 8.8% |
| 25 to 34 | 12.5% | 13.0% |
| 35 to 44 | 12.5% | 12.5% |
| 45 to 54 | 9.5% | 13.3% |
| 55 to 64 | 14.3% | 12.3% |
| 65 to 74 | 9.7% | 9.4% |
| 75 and over | 8.2% | 4.2% |
Race & ethnicity (share)
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| White (non-Hispanic) | 85.3% | 59.8% |
| Black or African American | 0.1% | 8.9% |
| American Indian & Alaska Native | 0.0% | 0.1% |
| Asian | 1.7% | 1.4% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.1% | 0.7% |
| Two or more races | 0.3% | 2.8% |
| Hispanic or Latino | 12.6% | 26.2% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| No high school diploma | 21.5% | 16.3% |
| High school graduate | 33.7% | 39.0% |
| Some college or associate's | 24.0% | 26.7% |
| Bachelor's degree | 14.1% | 12.1% |
| Graduate or professional degree | 6.6% | 6.0% |
Commute to work
How workers get to work (share)
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| Drove alone | 79.0% | 79.3% |
| Carpooled | 5.0% | 13.8% |
| Public transit | 0.0% | 1.0% |
| Walked | 4.8% | 2.4% |
| Bicycle | 4.7% | 0.3% |
| Worked from home | 4.8% | 2.6% |
| Other means | 1.7% | 0.6% |
Housing
Units in structure (share)
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| 1-unit, detached | 83.2% | 66.0% |
| 1-unit, attached | 3.3% | 1.1% |
| 2 to 4 units | 6.7% | 10.6% |
| 5 to 19 units | 4.3% | 9.8% |
| 20 or more units | 1.8% | 8.6% |
| Mobile home & other | 0.8% | 4.0% |
Poverty & households
| ZIP 46506 | ZIP 46516 | |
|---|---|---|
| Poverty rate | 10.1% | 16.9% |
| Average household size | 2.67 | 2.65 |
| Mean commute (minutes) | 19 | 19 |
| Median year structure built | 1972 | 1963 |