US ZIP Code
46504

Bourbon, IN

Marshall County  ·  Indiana

● Active
👥 3,391 Population ↓ 9% since 2019
💰 $83,712 Median HH Income
▲ 10% above avg ↑ 42% since 2019
🎂 33.2 Median Age ↓ 11% since 2019
🏠 $169,800 Median Home Value
▼ 39% below avg ↑ 35% since 2019
🎓 24.3% College Grads
▼ 37% below avg
📊 2.7% Unemployment
▼ 46% below avg ↑ 25% since 2019
ZIP Code Details
ZIP Code46504
CityBourbon
StateIndiana (IN)
CountyMarshall County
Area Code574
Elevation843 ft
Latitude41.301217
Longitude-86.111595
TimezoneIndiana/Indianapolis (DST)
FIPS18099
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 53.5% (1,814) Female 46.5% (1,577) ♀

Race & Ethnicity

White: 91.5%Hispanic: 4.4%Black: 1.2%Asian: 0.5%Other: 2.3%Race
White91.5%
Hispanic4.4%
Black1.2%
Asian0.5%
Other2.3%

Age Breakdown

Under 5
5%
5–17
23%
18–24
14%
25–44
21%
45–64
25%
65+
5%

Key Indicators

Median Age33.2 yrs ↓ 11% since 2019
Avg Household Size2.97
Below Poverty9.5% ≈ Avg
College Grads24.3% ▼ 37% below avg
Unemployment2.7% ▼ 46% below avg
No HS Diploma55 (3.1%)
HS Graduate786 (43.7%)
Some College335 (18.6%)
Associates186 (10.3%)
Bachelors126 (7%)
Graduate Degree311 (17.3%)

Education

No HS: 3.1%HS Grad: 43.7%Some College: 18.6%Associates: 10.3%Bachelors: 7%Graduate: 17.3%Edu
No HS3.1%
HS Grad43.7%
Some College18.6%
Associates10.3%
Bachelors7.0%
Graduate17.3%
Housing & Income

Housing Tenure

Owner: 84.5%Renter: 15.5%Tenure
Owner84.5%
Renter15.5%

Home Value Distribution

Under $50k
5%
$50k–100k
15%
$100k–150k
18%
$150k–200k
27%
$200k–300k
18%
$300k–500k
12%
Over $500k
5%

Financials

Median HH Income$83,712 ▲ 10% above avg ↑ 42% since 2019
Median Home Value$169,800 ▼ 39% below avg ↑ 35% since 2019
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$861/mo ↑ 40% since 2019
Total Units1,232
Vacant Units92
Avg HH Size2.97

Income Distribution

Under $25k
13%
$25k–50k
17%
$50k–75k
15%
$75k–100k
25%
$100k–150k
16%
$150k–200k
8%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
6%
Work From Home
6%

Commute Time

Under 15 min
25%
15–30 min
55%
30–45 min
14%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
10%
1960s–1970s
11%
1980s–1990s
10%
2000+
66%

Summary

Total Units1,232
Vacant92
Owner Occupied84.5%
Renter Occupied15.5%
Avg HH Size2.97
Frequently Asked Questions
ZIP code 46504 is in Bourbon, IN, in Marshall County.
ZIP code 46504 is located in Indiana (IN).
ZIP code 46504 is in Marshall County, IN.
ZIP 46504 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46504 is 3,391 people (ACS 2023).
The median household income in ZIP code 46504 is $83,712 (ACS 2023).
The median home value in ZIP 46504 is $169,800 (ACS 2023).
About ZIP Code 46504

ZIP code 46504 is located in Bourbon, Indiana, within Marshall County. With a population of 3,391, this is a sparsely populated ZIP code with a relatively young community — the median age is 33.2 years. Economically, 46504 is a middle-income ZIP code: the median household income of $83,712 is near the national average.

Real estate in ZIP code 46504 represents an affordable housing market. The median home value of $169,800 is below the national average. Renters can expect to pay around $861 per month in median rent. Homeownership is strong here — 84.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.

The population of 46504 is primarily White (91.54%). Residents are less-educated — 24.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.5%. Household income has grown by 42% since 2019.

The unemployment rate in 46504 stands at 2.7%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.

Overall, ZIP code 46504 in Bourbon, IN is characterized as middle-income, less-educated, a relatively young community, and predominantly owner-occupied. With 3,391 residents, a median household income of $83,712, and a median home value of $169,800, it offers a clear picture of life in this part of Indiana.