US ZIP Code
46157

Monrovia, IN

Morgan County  ·  Indiana

● Active
👥 4,370 Population ↑ 7% since 2019
💰 $74,286 Median HH Income
≈ Avg ↓ 8% since 2019
🎂 35.6 Median Age
🏠 $202,100 Median Home Value
▼ 28% below avg ↑ 23% since 2019
🎓 36.0% College Grads
≈ Avg
📊 0.7% Unemployment
▼ 85% below avg ↓ 77% since 2019
ZIP Code Details
ZIP Code46157
CityMonrovia
StateIndiana (IN)
CountyMorgan County
Area Code317/463
Elevation776 ft
Latitude39.55363
Longitude-86.528731
TimezoneIndiana/Indianapolis (DST)
FIPS18109
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.6% (2,125) Female 51.4% (2,245) ♀

Race & Ethnicity

White: 90%Hispanic: 2.8%Black: 1.8%Asian: 1.1%Other: 4.4%Race
White90.0%
Hispanic2.8%
Black1.8%
Asian1.1%
Other4.4%

Age Breakdown

Under 5
8%
5–17
20%
18–24
7%
25–44
25%
45–64
27%
65+
6%

Key Indicators

Median Age35.6 yrs
Avg Household Size2.77
Below Poverty15.4% ▲ 54% above avg
College Grads36.0% ≈ Avg
Unemployment0.7% ▼ 85% below avg
HS Graduate876 (32.8%)
Some College408 (15.3%)
Associates425 (15.9%)
Bachelors428 (16%)
Graduate Degree532 (19.9%)

Education

HS Grad: 32.8%Some College: 15.3%Associates: 15.9%Bachelors: 16%Graduate: 19.9%Edu
HS Grad32.8%
Some College15.3%
Associates15.9%
Bachelors16.0%
Graduate19.9%
Housing & Income

Housing Tenure

Owner: 89.8%Renter: 10.3%Tenure
Owner89.8%
Renter10.3%

Home Value Distribution

Under $50k
6%
$50k–100k
0%
$100k–150k
13%
$150k–200k
30%
$200k–300k
34%
$300k–500k
11%
Over $500k
5%

Financials

Median HH Income$74,286 ≈ Avg ↓ 8% since 2019
Median Home Value$202,100 ▼ 28% below avg ↑ 23% since 2019
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$819/mo ↓ 3% since 2019
Total Units1,665
Vacant Units85
Avg HH Size2.77

Income Distribution

Under $25k
8%
$25k–50k
19%
$50k–75k
21%
$75k–100k
10%
$100k–150k
20%
$150k–200k
17%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
83%
Walked
1%
Work From Home
16%

Commute Time

Under 15 min
12%
15–30 min
27%
30–45 min
38%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
6%
1960s–1970s
9%
1980s–1990s
15%
2000+
68%

Summary

Total Units1,665
Vacant85
Owner Occupied89.8%
Renter Occupied10.3%
Avg HH Size2.77
Frequently Asked Questions
ZIP code 46157 is in Monrovia, IN, in Morgan County.
ZIP code 46157 is located in Indiana (IN).
ZIP code 46157 is in Morgan County, IN.
ZIP 46157 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46157 is 4,370 people (ACS 2023).
The median household income in ZIP code 46157 is $74,286 (ACS 2023).
The median home value in ZIP 46157 is $202,100 (ACS 2023).
About ZIP Code 46157

ZIP code 46157 is located in Monrovia, Indiana, within Morgan County. With a population of 4,370, this is a lightly populated ZIP code with a relatively young community — the median age is 35.6 years. Economically, 46157 is a solidly middle-class ZIP code: the median household income of $74,286 is near the national average.

Real estate in ZIP code 46157 represents an affordable housing market. The median home value of $202,100 is below the national average. Renters can expect to pay around $819 per month in median rent. Homeownership is strong here — 89.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 23% since 2019.

The population of 46157 is primarily White (89.95%). Residents are moderately educated — 36.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 15.4%. Household income has declined by 8% since 2019.

The unemployment rate in 46157 stands at 0.7%, which is well below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.

Overall, ZIP code 46157 in Monrovia, IN is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 4,370 residents, a median household income of $74,286, and a median home value of $202,100, it offers a clear picture of life in this part of Indiana.