| ZIP Code | 46537 |
|---|---|
| City | Lapaz |
| State | Indiana (IN) |
| County | Marshall County |
| Area Code | 574 |
| Elevation | 856 ft |
| Latitude | 41.457313 |
|---|---|
| Longitude | -86.306584 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18099 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs |
|---|---|
| Avg Household Size | 2.12 |
| Below Poverty | 21.5% ▲ 115% above avg |
| College Grads | 29.5% ▼ 24% below avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 3 (0.8%) |
| HS Graduate | 123 (33.3%) |
| Some College | 120 (32.5%) |
| Associates | 14 (3.8%) |
| Bachelors | 81 (22%) |
| Graduate Degree | 28 (7.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,813 ▼ 19% below avg ↑ 14% since 2019 |
|---|---|
| Median Home Value | $125,400 ▼ 55% below avg ↑ 61% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $634/mo ↓ 10% since 2019 |
| Total Units | 283 |
| Vacant Units | 38 |
| Avg HH Size | 2.12 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 283 |
|---|---|
| Vacant | 38 |
| Owner Occupied | 91.0% |
| Renter Occupied | 9.0% |
| Avg HH Size | 2.12 |
ZIP code 46537 is located in Lapaz, Indiana, within Marshall County. With a population of 520, this is a sparsely populated ZIP code with a mature community — the median age is 46.7 years. Economically, 46537 is a solidly middle-class ZIP code: the median household income of $61,813 is below the national average.
Real estate in ZIP code 46537 represents one of the more affordable housing markets in the country. The median home value of $125,400 is well below the national average. Renters can expect to pay around $634 per month in median rent. Homeownership is strong here — 91.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 61% since 2019.
The population of 46537 is primarily White (91.54%). Residents are moderately educated — 29.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 21.5%. Household income has grown by 14% since 2019.
The unemployment rate in 46537 stands at 3.5%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 92%.
Overall, ZIP code 46537 in Lapaz, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 520 residents, a median household income of $61,813, and a median home value of $125,400, it offers a clear picture of life in this part of Indiana.