US Census Data

ZIP Code 46987

ZIP Code Tabulation Area in Grant County, Indiana.

Population
1,109
+25.5%’19–’23
Median household income
$77,813
+38.3%’19–’23
Median home value
$135,700
+33.2%’19–’23

ZIP Code 46987 is a ZIP Code Tabulation Area in Grant County, Indiana, home to about 1,109 residents. The median household income of $77,813 is above the Grant County median ($54,007).

Between 2019 and 2023, ZIP Code 46987's population grew 25.5% from 884 to 1,109, while its median gross rent rose 57.4% from $686 to $1,080.

Owners occupy 83.5% of the area's occupied homes. The median resident is 37.5 years old.

Demographics

ACS 2019–2023
Population
1,109
Median age
37.5 yrs
Median household income
$77,813
Median home value
$135,700
Median gross rent
$1,080
Housing units
463
Homeownership rate
83.5%
Bachelor's degree or higher
26.1%
Unemployment rate
2.2%

Trends

ACS 5-year · 2019–2023
Population
8841,109
Median household income
$56,250$77,813
Median home value
$101,900$135,700
Median gross rent
$686$1,080
YearPopulationMedian household incomeMedian home valueMedian gross rent
2019884$56,250$101,900$686
2020867$56,750$111,700$693
20211,208$69,375$119,100$789
20221,053$74,417$130,100$1,000
20231,109$77,813$135,700$1,080

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

CountShare
Under 5565.0%
5 to 1725923.4%
18 to 24423.8%
25 to 3417315.6%
35 to 4418616.8%
45 to 54908.1%
55 to 6412411.2%
65 to 7411610.5%
75 and over635.7%

Race & ethnicity

CountShare
White (non-Hispanic)1,04794.4%
Black or African American00.0%
American Indian & Alaska Native00.0%
Asian20.2%
Native Hawaiian & Pacific Islander00.0%
Some other race00.0%
Two or more races605.4%
Hispanic or Latino (any race)00.0%

Educational attainment (age 25+)

CountShare
No high school diploma425.6%
High school graduate23831.6%
Some college or associate's27636.7%
Bachelor's degree9813.0%
Graduate or professional degree9813.0%

Commute to work

Mean travel time to work
22 min

How workers get to work

CountShare
Drove alone47088.7%
Carpooled377.0%
Public transit00.0%
Walked00.0%
Bicycle00.0%
Worked from home234.3%
Other means00.0%

Travel time

CountShare
Under 15 min29257.6%
15 to 29 min8817.4%
30 to 44 min7114.0%
45 to 59 min244.7%
60+ min326.3%

Households

Average household size
2.54
Poverty rate
11.4% (126 of 1,109)
CountShare
Family households34278.4%
Nonfamily households9421.6%

Housing

Median year structure built
1967

Occupancy

CountShare
Occupied43694.2%
Vacant275.8%

Tenure (of occupied units)

CountShare
Owner-occupied36483.5%
Renter-occupied7216.5%

Units in structure

CountShare
1-unit, detached43293.3%
1-unit, attached30.6%
2 to 4 units102.2%
5 to 19 units00.0%
20 or more units00.0%
Mobile home & other183.9%

Geography

ZCTA
46987
Land area
0.89 sq mi
Water area
0 sq mi
Center point
40.5688, -85.7654

Counties this ZIP covers

1

Compare with nearby ZIP codes

6

National ZIP rankings

21

Nearby ZIP codes

14