ZIP Code 46040 Demographics

Madison County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 46040 compared to county averages.

Total Population

16,680

↓ 87.2% vs county

Median HH Income

$129,131

↑ +115.0% vs county

Median Home Value

$415,000

↑ +207.2% vs county

Median Age

37.4 yrs

↑ 8.1% vs county

Unemployment Rate

2.7%

↑ 51.0% vs county

Income & Housing Comparison

How ZIP 46040 compares to Madison County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 46040 $129k Madison $60k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 46040 $415k Madison $135k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

34.8%

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

Owner Occupancy

85.1%

of occupied housing units are owner-occupied

Median Gross Rent

$1,218

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 46040 using local Census metrics.

Median Home Value$415,000
Down Payment (20%)$83,000
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$2,634P&I: $2098 | Tax: $415 | Ins: $121
Rent (Local Median)
$1,218
Renting is CheaperRenting is estimated to save you $1,416/month compared to buying costs.

How Does 46040 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 46040 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 46040, sorted by distance.

46048 2.6 mi away madison county 46055 4.7 mi away hancock county 46037 6.3 mi away hamilton county 46236 7.5 mi away marion county 46051 9.0 mi away madison county 46256 9.4 mi away marion county 46235 9.7 mi away marion county 46038 10.0 mi away hamilton county

About Madison County

Madison County is located in Indiana and has a total population of 130,545. The county's median household income is $60,060 and median home value is $135,100. ZIP code 46040 is one of many ZCTAs within this county.

View all ZIP codes in Madison 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.