| ZIP Code | 46156 |
|---|---|
| City | Milroy |
| State | Indiana (IN) |
| County | Rush County |
| Area Code | 765 |
| Elevation | 939 ft |
| Latitude | 39.489361 |
|---|---|
| Longitude | -85.49445 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18139 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.2 yrs ↑ 7% since 2019 |
|---|---|
| Avg Household Size | 2.27 |
| Below Poverty | 4.6% ▼ 55% below avg |
| College Grads | 32.4% ▼ 16% below avg |
| Unemployment | 2.5% ▼ 49% below avg |
| HS Graduate | 343 (48.1%) |
| Some College | 76 (10.7%) |
| Associates | 63 (8.8%) |
| Bachelors | 92 (12.9%) |
| Graduate Degree | 139 (19.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,964 ≈ Avg ↑ 45% since 2019 |
|---|---|
| Median Home Value | $128,600 ▼ 54% below avg ↑ 39% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $773/mo ↓ 25% since 2019 |
| Total Units | 596 |
| Vacant Units | 155 |
| Avg HH Size | 2.27 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 596 |
|---|---|
| Vacant | 155 |
| Owner Occupied | 85.9% |
| Renter Occupied | 14.1% |
| Avg HH Size | 2.27 |
ZIP code 46156 is located in Milroy, Indiana, within Rush County. With a population of 1,011, this is a sparsely populated ZIP code with a mature community — the median age is 53.2 years. Economically, 46156 is a middle-income ZIP code: the median household income of $76,964 is near the national average.
Real estate in ZIP code 46156 represents one of the more affordable housing markets in the country. The median home value of $128,600 is well below the national average. Renters can expect to pay around $773 per month in median rent. Homeownership is strong here — 85.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 46156 is primarily White (91.49%). Residents are moderately educated — 32.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 4.6%. Household income has grown by 45% since 2019.
The unemployment rate in 46156 stands at 2.5%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 46156 in Milroy, IN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 1,011 residents, a median household income of $76,964, and a median home value of $128,600, it offers a clear picture of life in this part of Indiana.