| ZIP Code | 46051 |
|---|---|
| City | Lapel |
| State | Indiana (IN) |
| County | Madison County |
| Area Code | 765 |
| Elevation | 867 ft |
| Latitude | 40.058556 |
|---|---|
| Longitude | -85.837927 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18095 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.6 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.49 |
| Below Poverty | 5.8% ▼ 42% below avg |
| College Grads | 43.1% ▲ 11% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 5 (0.3%) |
| HS Graduate | 622 (33.3%) |
| Some College | 251 (13.4%) |
| Associates | 185 (9.9%) |
| Bachelors | 236 (12.6%) |
| Graduate Degree | 568 (30.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,411 ≈ Avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $190,700 ▼ 32% below avg ↑ 64% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,253/mo ↑ 52% since 2019 |
| Total Units | 1,192 |
| Vacant Units | 44 |
| Avg HH Size | 2.49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,192 |
|---|---|
| Vacant | 44 |
| Owner Occupied | 72.7% |
| Renter Occupied | 27.4% |
| Avg HH Size | 2.49 |
ZIP code 46051 is located in Lapel, Indiana, within Madison County. With a population of 2,857, this is a sparsely populated ZIP code with a middle-aged community — the median age is 39.6 years. Economically, 46051 is a middle-income ZIP code: the median household income of $77,411 is near the national average.
Real estate in ZIP code 46051 represents an affordable housing market. The median home value of $190,700 is below the national average. Renters can expect to pay around $1,253 per month in median rent. Homeownership is strong here — 72.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 64% since 2019.
The population of 46051 is primarily White (91.84%). Residents are well-educated — 43.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.8%. Household income has grown by 34% since 2019.
The unemployment rate in 46051 stands at 3.0%, which is below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 46051 in Lapel, IN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 2,857 residents, a median household income of $77,411, and a median home value of $190,700, it offers a clear picture of life in this part of Indiana.