| ZIP Code | 46542 |
|---|---|
| City | Milford |
| State | Indiana (IN) |
| County | Kosciusko County |
| Area Code | 574 |
| Elevation | 846 ft |
| Latitude | 41.396628 |
|---|---|
| Longitude | -85.869691 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18085 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.3 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.85 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 20.1% ▼ 48% below avg |
| Unemployment | 0.5% ▼ 90% below avg |
| No HS Diploma | 7 (0.3%) |
| HS Graduate | 1,323 (49.8%) |
| Some College | 353 (13.3%) |
| Associates | 438 (16.5%) |
| Bachelors | 274 (10.3%) |
| Graduate Degree | 260 (9.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,192 ≈ Avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $178,400 ▼ 36% below avg ↑ 43% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,092/mo ↑ 82% since 2019 |
| Total Units | 1,780 |
| Vacant Units | 14 |
| Avg HH Size | 2.85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,780 |
|---|---|
| Vacant | 14 |
| Owner Occupied | 86.2% |
| Renter Occupied | 13.8% |
| Avg HH Size | 2.85 |
ZIP code 46542 is located in Milford, Indiana, within Kosciusko County. With a population of 5,108, this is a lightly populated ZIP code with a relatively young community — the median age is 33.3 years. Economically, 46542 is a middle-income ZIP code: the median household income of $75,192 is near the national average.
Real estate in ZIP code 46542 represents an affordable housing market. The median home value of $178,400 is below the national average. Renters can expect to pay around $1,092 per month in median rent. Homeownership is strong here — 86.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 43% since 2019.
The population of 46542 is primarily White (82.58%). Residents are less-educated — 20.1% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 3.2%. Household income has grown by 16% since 2019.
The unemployment rate in 46542 stands at 0.5%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 46542 in Milford, IN is characterized as middle-income, less-educated, a relatively young community, and predominantly owner-occupied. With 5,108 residents, a median household income of $75,192, and a median home value of $178,400, it offers a clear picture of life in this part of Indiana.