US ZIP Code
46048

Ingalls, IN

Madison County  ·  Indiana

● Active
👥 2,209 Population ↑ 4% since 2019
💰 $69,423 Median HH Income
▼ 9% below avg ↑ 37% since 2019
🎂 36.8 Median Age ↑ 11% since 2019
🏠 $142,200 Median Home Value
▼ 49% below avg ↑ 36% since 2019
🎓 25.8% College Grads
▼ 33% below avg
📊 4.9% Unemployment
≈ Avg ↓ 5% since 2019
ZIP Code Details
ZIP Code46048
CityIngalls
StateIndiana (IN)
CountyMadison County
Area Code317/463
Elevation878 ft
Latitude39.954255
Longitude-85.807463
TimezoneIndiana/Indianapolis (DST)
FIPS18095
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.4% (1,068) Female 51.7% (1,141) ♀

Race & Ethnicity

White: 79.1%Hispanic: 9.4%Black: 8.9%Other: 2.6%Race
White79.1%
Hispanic9.4%
Black8.9%
Other2.6%

Age Breakdown

Under 5
6%
5–17
25%
18–24
5%
25–44
29%
45–64
27%
65+
4%

Key Indicators

Median Age36.8 yrs ↑ 11% since 2019
Avg Household Size2.99
Below Poverty9.4% ≈ Avg
College Grads25.8% ▼ 33% below avg
Unemployment4.9% ≈ Avg
No HS Diploma21 (1.6%)
HS Graduate563 (42%)
Some College162 (12.1%)
Associates249 (18.6%)
Bachelors164 (12.2%)
Graduate Degree182 (13.6%)

Education

No HS: 1.6%HS Grad: 42%Some College: 12.1%Associates: 18.6%Bachelors: 12.2%Graduate: 13.6%Edu
No HS1.6%
HS Grad42.0%
Some College12.1%
Associates18.6%
Bachelors12.2%
Graduate13.6%
Housing & Income

Housing Tenure

Owner: 77.9%Renter: 22.1%Tenure
Owner77.9%
Renter22.1%

Home Value Distribution

Under $50k
6%
$50k–100k
13%
$100k–150k
36%
$150k–200k
26%
$200k–300k
17%
$300k–500k
1%
Over $500k
1%

Financials

Median HH Income$69,423 ▼ 9% below avg ↑ 37% since 2019
Median Home Value$142,200 ▼ 49% below avg ↑ 36% since 2019
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$1,392/mo ↑ 46% since 2019
Total Units809
Vacant Units71
Avg HH Size2.99

Income Distribution

Under $25k
16%
$25k–50k
15%
$50k–75k
23%
$75k–100k
20%
$100k–150k
17%
$150k–200k
7%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
90%
Walked
1%
Work From Home
9%

Commute Time

Under 15 min
21%
15–30 min
28%
30–45 min
28%
Over 45 min
22%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
4%
1960s–1970s
5%
1980s–1990s
31%
2000+
57%

Summary

Total Units809
Vacant71
Owner Occupied77.9%
Renter Occupied22.1%
Avg HH Size2.99
Frequently Asked Questions
ZIP code 46048 is in Ingalls, IN, in Madison County.
ZIP code 46048 is located in Indiana (IN).
ZIP code 46048 is in Madison County, IN.
ZIP 46048 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46048 is 2,209 people (ACS 2023).
The median household income in ZIP code 46048 is $69,423 (ACS 2023).
The median home value in ZIP 46048 is $142,200 (ACS 2023).
About ZIP Code 46048

ZIP code 46048 is located in Ingalls, Indiana, within Madison County. With a population of 2,209, this is a sparsely populated ZIP code with a relatively young community — the median age is 36.8 years. Economically, 46048 is a solidly middle-class ZIP code: the median household income of $69,423 is near the national average.

Real estate in ZIP code 46048 represents one of the more affordable housing markets in the country. The median home value of $142,200 is below the national average. Renters can expect to pay around $1,392 per month in median rent. Homeownership is strong here — 77.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.

The population of 46048 is primarily White (79.13%). Residents are moderately educated — 25.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.4%. Household income has grown by 37% since 2019.

The unemployment rate in 46048 stands at 4.9%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 46048 in Ingalls, IN is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 2,209 residents, a median household income of $69,423, and a median home value of $142,200, it offers a clear picture of life in this part of Indiana.