| ZIP Code | 46036 |
|---|---|
| City | Elwood |
| State | Indiana (IN) |
| County | Madison County |
| Area Code | 765 |
| Elevation | 861 ft |
| Latitude | 40.296875 |
|---|---|
| Longitude | -85.832902 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18095 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.1 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 13.0% ▲ 30% above avg |
| College Grads | 20.1% ▼ 48% below avg |
| Unemployment | 6.6% ▲ 35% above avg |
| No HS Diploma | 71 (0.9%) |
| HS Graduate | 3,663 (47.3%) |
| Some College | 1,377 (17.8%) |
| Associates | 1,079 (13.9%) |
| Bachelors | 700 (9%) |
| Graduate Degree | 855 (11%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,082 ▼ 23% below avg ↑ 23% since 2019 |
|---|---|
| Median Home Value | $108,500 ▼ 61% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $841/mo ↑ 19% since 2019 |
| Total Units | 5,284 |
| Vacant Units | 597 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,284 |
|---|---|
| Vacant | 597 |
| Owner Occupied | 71.4% |
| Renter Occupied | 28.6% |
| Avg HH Size | 2.38 |
ZIP code 46036 is located in Elwood, Indiana, within Madison County. With a population of 11,211, this is a lightly populated ZIP code with a mature community — the median age is 45.1 years. Economically, 46036 is a solidly middle-class ZIP code: the median household income of $59,082 is below the national average.
Real estate in ZIP code 46036 represents one of the more affordable housing markets in the country. The median home value of $108,500 is well below the national average. Renters can expect to pay around $841 per month in median rent. Homeownership is strong here — 71.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.
The population of 46036 is primarily White (94.36%). Residents are less-educated — 20.1% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 13.0%. Household income has grown by 23% since 2019.
The unemployment rate in 46036 stands at 6.6%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 46036 in Elwood, IN is characterized as solidly middle-class, less-educated, a mature community, and predominantly owner-occupied. With 11,211 residents, a median household income of $59,082, and a median home value of $108,500, it offers a clear picture of life in this part of Indiana.