ZIP Code 46987 Demographics

Grant County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 46987 compared to county averages.

Total Population

1,053

↓ 98.4% vs county

Median HH Income

$74,417

↑ +40.3% vs county

Median Home Value

$130,100

↑ +19.0% vs county

Median Age

38.5 yrs

↑ 4.0% vs county

Unemployment Rate

3.5%

↑ 52.2% vs county

Income & Housing Comparison

How ZIP 46987 compares to Grant County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 46987 $74k Grant $53k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 46987 $130k Grant $109k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

15.0%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

83.8%

of occupied housing units are owner-occupied

Median Gross Rent

$1,000

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 46987 using local Census metrics.

Median Home Value$130,100
Down Payment (20%)$26,020
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$826P&I: $658 | Tax: $130 | Ins: $38
Rent (Local Median)
$1,000
Buying is CheaperBuying a home is estimated to save you $174/month compared to local rents.

How Does 46987 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 46987 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 46987, sorted by distance.

46952 7.2 mi away grant county 46953 7.2 mi away grant county 46940 8.9 mi away wabash county 46938 10.4 mi away grant county 46933 11.3 mi away grant county 46991 14.2 mi away grant county 46989 17.0 mi away grant county 46792 18.8 mi away huntington county

About Grant County

Grant County is located in Indiana and has a total population of 66,560. The county's median household income is $53,033 and median home value is $109,300. ZIP code 46987 is one of many ZCTAs within this county.

View all ZIP codes in Grant County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.