| ZIP Code | 46516 |
|---|---|
| City | Elkhart |
| State | Indiana (IN) |
| County | Elkhart County |
| Area Code | 574 |
| Elevation | 761 ft |
| Latitude | 41.678907 |
|---|---|
| Longitude | -85.947966 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.4 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.65 |
| Below Poverty | 16.7% ▲ 67% above avg |
| College Grads | 26.3% ▼ 32% below avg |
| Unemployment | 4.9% ≈ Avg |
| No HS Diploma | 283 (1.5%) |
| HS Graduate | 7,520 (41.1%) |
| Some College | 3,105 (17%) |
| Associates | 2,584 (14.1%) |
| Bachelors | 1,161 (6.3%) |
| Graduate Degree | 3,656 (20%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,934 ▼ 28% below avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $150,400 ▼ 46% below avg ↑ 33% since 2019 |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $986/mo ↑ 33% since 2019 |
| Total Units | 14,137 |
| Vacant Units | 2,167 |
| Avg HH Size | 2.65 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 14,137 |
|---|---|
| Vacant | 2,167 |
| Owner Occupied | 61.6% |
| Renter Occupied | 38.4% |
| Avg HH Size | 2.65 |
ZIP code 46516 is located in Elkhart, Indiana, within Elkhart County. With a population of 31,959, this is a moderately populated ZIP code with a relatively young community — the median age is 36.4 years. Economically, 46516 is a working-class ZIP code: the median household income of $54,934 is below the national average.
Real estate in ZIP code 46516 represents an affordable housing market. The median home value of $150,400 is below the national average. Renters can expect to pay around $986 per month in median rent. Homeownership is strong here — 61.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 33% since 2019.
The population of 46516 is majority White (59.79%). Residents are moderately educated — 26.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.7%. Household income has grown by 14% since 2019.
The unemployment rate in 46516 stands at 4.9%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 46516 in Elkhart, IN is characterized as working-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 31,959 residents, a median household income of $54,934, and a median home value of $150,400, it offers a clear picture of life in this part of Indiana.