| ZIP Code | 46540 |
|---|---|
| City | Middlebury |
| State | Indiana (IN) |
| County | Elkhart County |
| Area Code | 574 |
| Elevation | 817 ft |
| Latitude | 41.671519 |
|---|---|
| Longitude | -85.696675 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18039 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.7 yrs ↓ 9% since 2019 |
|---|---|
| Avg Household Size | 3.35 |
| Below Poverty | 6.2% ▼ 38% below avg |
| College Grads | 34.0% ▼ 12% below avg |
| Unemployment | 2.3% ▼ 53% below avg |
| No HS Diploma | 122 (2.2%) |
| HS Graduate | 1,893 (34.3%) |
| Some College | 861 (15.6%) |
| Associates | 768 (13.9%) |
| Bachelors | 470 (8.5%) |
| Graduate Degree | 1,403 (25.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,664 ▲ 31% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $297,800 ≈ Avg ↑ 33% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,074/mo ↑ 16% since 2019 |
| Total Units | 4,245 |
| Vacant Units | 299 |
| Avg HH Size | 3.35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,245 |
|---|---|
| Vacant | 299 |
| Owner Occupied | 87.7% |
| Renter Occupied | 12.3% |
| Avg HH Size | 3.35 |
ZIP code 46540 is located in Middlebury, Indiana, within Elkhart County. With a population of 13,239, this is a lightly populated ZIP code with a relatively young community — the median age is 31.7 years. Economically, 46540 is a middle-income ZIP code: the median household income of $99,664 is above the national average.
Real estate in ZIP code 46540 represents a mid-range housing market. The median home value of $297,800 is near the national average. Renters can expect to pay around $1,074 per month in median rent. Homeownership is strong here — 87.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 33% since 2019.
The population of 46540 is primarily White (90.92%). Residents are moderately educated — 34.0% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.2%. Household income has grown by 25% since 2019.
The unemployment rate in 46540 stands at 2.3%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 46540 in Middlebury, IN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 13,239 residents, a median household income of $99,664, and a median home value of $297,800, it offers a clear picture of life in this part of Indiana.