| ZIP Code | 46163 |
|---|---|
| City | New Palestine |
| State | Indiana (IN) |
| County | Hancock County |
| Area Code | 317/463 |
| Elevation | 828 ft |
| Latitude | 39.728582 |
|---|---|
| Longitude | -85.906051 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18059 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.0 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.68 |
| Below Poverty | 3.7% ▼ 63% below avg |
| College Grads | 52.6% ▲ 36% above avg |
| Unemployment | 1.6% ▼ 66% below avg |
| No HS Diploma | 42 (0.5%) |
| HS Graduate | 2,243 (24.3%) |
| Some College | 930 (10.1%) |
| Associates | 1,160 (12.6%) |
| Bachelors | 783 (8.5%) |
| Graduate Degree | 4,071 (44.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $111,378 ▲ 46% above avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $313,000 ▲ 12% above avg ↑ 47% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,232/mo ↑ 33% since 2019 |
| Total Units | 5,476 |
| Vacant Units | 141 |
| Avg HH Size | 2.68 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,476 |
|---|---|
| Vacant | 141 |
| Owner Occupied | 92.8% |
| Renter Occupied | 7.2% |
| Avg HH Size | 2.68 |
ZIP code 46163 is located in New Palestine, Indiana, within Hancock County. With a population of 14,318, this is a lightly populated ZIP code with a middle-aged community — the median age is 43 years. Economically, 46163 is a upper-middle-income ZIP code: the median household income of $111,378 is above the national average.
Real estate in ZIP code 46163 represents a mid-range housing market. The median home value of $313,000 is near the national average. Renters can expect to pay around $1,232 per month in median rent. Homeownership is strong here — 92.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 47% since 2019.
The population of 46163 is primarily White (92.37%). Residents are well-educated — 52.6% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 3.7%. Household income has grown by 15% since 2019.
The unemployment rate in 46163 stands at 1.6%, which is well below the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 46163 in New Palestine, IN is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 14,318 residents, a median household income of $111,378, and a median home value of $313,000, it offers a clear picture of life in this part of Indiana.