| ZIP Code | 46151 |
|---|---|
| City | Martinsville |
| State | Indiana (IN) |
| County | Morgan County |
| Area Code | 765 |
| Elevation | 796 ft |
| Latitude | 39.46049 |
|---|---|
| Longitude | -86.418365 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18109 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs |
|---|---|
| Avg Household Size | 2.57 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 30.2% ▼ 22% below avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 189 (0.9%) |
| HS Graduate | 8,077 (39%) |
| Some College | 3,060 (14.8%) |
| Associates | 3,108 (15%) |
| Bachelors | 2,010 (9.7%) |
| Graduate Degree | 4,242 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,724 ≈ Avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $219,400 ▼ 21% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $978/mo ↑ 25% since 2019 |
| Total Units | 13,366 |
| Vacant Units | 980 |
| Avg HH Size | 2.57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,366 |
|---|---|
| Vacant | 980 |
| Owner Occupied | 80.0% |
| Renter Occupied | 20.0% |
| Avg HH Size | 2.57 |
ZIP code 46151 is located in Martinsville, Indiana, within Morgan County. With a population of 32,339, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 46151 is a middle-income ZIP code: the median household income of $77,724 is near the national average.
Real estate in ZIP code 46151 represents an affordable housing market. The median home value of $219,400 is below the national average. Renters can expect to pay around $978 per month in median rent. Homeownership is strong here — 80.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 46151 is primarily White (95.29%). Residents are moderately educated — 30.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 8.3%. Household income has grown by 25% since 2019.
The unemployment rate in 46151 stands at 4.7%, which is near the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 46151 in Martinsville, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 32,339 residents, a median household income of $77,724, and a median home value of $219,400, it offers a clear picture of life in this part of Indiana.