| ZIP Code | 46166 |
|---|---|
| City | Paragon |
| State | Indiana (IN) |
| County | Morgan County |
| Area Code | 765 |
| Elevation | 692 ft |
| Latitude | 39.4269 |
|---|---|
| Longitude | -86.590326 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18109 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.85 |
| Below Poverty | 6.2% ▼ 38% below avg |
| College Grads | 17.9% ▼ 54% below avg |
| Unemployment | 4.1% ▼ 17% below avg |
| No HS Diploma | 8 (0.5%) |
| HS Graduate | 859 (51.2%) |
| Some College | 300 (17.9%) |
| Associates | 210 (12.5%) |
| Bachelors | 104 (6.2%) |
| Graduate Degree | 197 (11.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,528 ▲ 8% above avg ↑ 23% since 2019 |
|---|---|
| Median Home Value | $148,600 ▼ 47% below avg ↑ 11% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $960/mo ↓ 10% since 2019 |
| Total Units | 1,168 |
| Vacant Units | 179 |
| Avg HH Size | 2.85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,168 |
|---|---|
| Vacant | 179 |
| Owner Occupied | 87.4% |
| Renter Occupied | 12.6% |
| Avg HH Size | 2.85 |
ZIP code 46166 is located in Paragon, Indiana, within Morgan County. With a population of 2,819, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.7 years. Economically, 46166 is a middle-income ZIP code: the median household income of $82,528 is near the national average.
Real estate in ZIP code 46166 represents one of the more affordable housing markets in the country. The median home value of $148,600 is below the national average. Renters can expect to pay around $960 per month in median rent. Homeownership is strong here — 87.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 11% since 2019.
The population of 46166 is primarily White (98.44%). Residents are less-educated — 17.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 6.2%. Household income has grown by 23% since 2019.
The unemployment rate in 46166 stands at 4.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 46166 in Paragon, IN is characterized as middle-income, less-educated, a relatively young community, and predominantly owner-occupied. With 2,819 residents, a median household income of $82,528, and a median home value of $148,600, it offers a clear picture of life in this part of Indiana.