| ZIP Code | 46016 |
|---|---|
| City | Anderson |
| State | Indiana (IN) |
| County | Madison County |
| Area Code | 765 |
| Elevation | 886 ft |
| Latitude | 40.097821 |
|---|---|
| Longitude | -85.681485 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18095 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.8 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 26.5% ▲ 165% above avg |
| College Grads | 18.9% ▼ 51% below avg |
| Unemployment | 8.2% ▲ 67% above avg |
| No HS Diploma | 237 (2.4%) |
| HS Graduate | 4,414 (44.9%) |
| Some College | 1,967 (20%) |
| Associates | 1,359 (13.8%) |
| Bachelors | 727 (7.4%) |
| Graduate Degree | 1,126 (11.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $35,543 ▼ 53% below avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $66,100 ▼ 76% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $864/mo ↑ 21% since 2019 |
| Total Units | 9,225 |
| Vacant Units | 2,091 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,225 |
|---|---|
| Vacant | 2,091 |
| Owner Occupied | 39.1% |
| Renter Occupied | 60.9% |
| Avg HH Size | 2.48 |
ZIP code 46016 is located in Anderson, Indiana, within Madison County. With a population of 18,380, this is a moderately populated ZIP code with a relatively young community — the median age is 33.8 years. Economically, 46016 is a lower-income ZIP code: the median household income of $35,543 is well below the national average.
Real estate in ZIP code 46016 represents one of the more affordable housing markets in the country. The median home value of $66,100 is well below the national average. Renters can expect to pay around $864 per month in median rent. This is predominantly a renter community, with 60.9% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 36% since 2019.
The population of 46016 is majority White (61.20%). Residents are less-educated — 18.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 26.5%. Household income has grown by 22% since 2019.
The unemployment rate in 46016 stands at 8.2%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 69%.
Overall, ZIP code 46016 in Anderson, IN is characterized as lower-income, less-educated, and a relatively young community. With 18,380 residents, a median household income of $35,543, and a median home value of $66,100, it offers a clear picture of life in this part of Indiana.