US ZIP Code
46928

Fairmount, IN

Grant County  ·  Indiana

● Active
👥 4,450 Population ↑ 4% since 2019
💰 $63,387 Median HH Income
▼ 17% below avg ↑ 23% since 2019
🎂 46.7 Median Age ↑ 14% since 2019
🏠 $119,400 Median Home Value
▼ 57% below avg ↑ 24% since 2019
🎓 31.7% College Grads
▼ 18% below avg
📊 4.1% Unemployment
▼ 16% below avg ↓ 38% since 2019
ZIP Code Details
ZIP Code46928
CityFairmount
StateIndiana (IN)
CountyGrant County
Area Code765
Elevation873 ft
Latitude40.405898
Longitude-85.682305
TimezoneIndiana/Indianapolis (DST)
FIPS18053
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 52.6% (2,340) Female 47.4% (2,110) ♀

Race & Ethnicity

White: 92.9%Hispanic: 3.2%Black: 0.3%Other: 3.6%Race
White92.9%
Hispanic3.2%
Black0.3%
Other3.6%

Age Breakdown

Under 5
4%
5–17
15%
18–24
8%
25–44
21%
45–64
31%
65+
12%

Key Indicators

Median Age46.7 yrs ↑ 14% since 2019
Avg Household Size2.31
Below Poverty17.3% ▲ 73% above avg
College Grads31.7% ▼ 18% below avg
Unemployment4.1% ▼ 16% below avg
HS Graduate1,197 (40%)
Some College591 (19.8%)
Associates256 (8.6%)
Bachelors403 (13.5%)
Graduate Degree545 (18.2%)

Education

HS Grad: 40%Some College: 19.8%Associates: 8.6%Bachelors: 13.5%Graduate: 18.2%Edu
HS Grad40.0%
Some College19.8%
Associates8.6%
Bachelors13.5%
Graduate18.2%
Housing & Income

Housing Tenure

Owner: 79.8%Renter: 20.2%Tenure
Owner79.8%
Renter20.2%

Home Value Distribution

Under $50k
15%
$50k–100k
23%
$100k–150k
24%
$150k–200k
17%
$200k–300k
12%
$300k–500k
9%
Over $500k
0%

Financials

Median HH Income$63,387 ▼ 17% below avg ↑ 23% since 2019
Median Home Value$119,400 ▼ 57% below avg ↑ 24% since 2019
Home/Income Ratio1.9x (nat avg ~3.5x)
Median Rent$805/mo ↑ 42% since 2019
Total Units2,149
Vacant Units219
Avg HH Size2.31

Income Distribution

Under $25k
17%
$25k–50k
21%
$50k–75k
19%
$75k–100k
17%
$100k–150k
15%
$150k–200k
9%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
87%
Public Transit
2%
Walked
5%
Work From Home
6%

Commute Time

Under 15 min
27%
15–30 min
36%
30–45 min
19%
Over 45 min
17%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
9%
1960s–1970s
15%
1980s–1990s
9%
2000+
64%

Summary

Total Units2,149
Vacant219
Owner Occupied79.8%
Renter Occupied20.2%
Avg HH Size2.31
Frequently Asked Questions
ZIP code 46928 is in Fairmount, IN, in Grant County.
ZIP code 46928 is located in Indiana (IN).
ZIP code 46928 is in Grant County, IN.
ZIP 46928 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46928 is 4,450 people (ACS 2023).
The median household income in ZIP code 46928 is $63,387 (ACS 2023).
The median home value in ZIP 46928 is $119,400 (ACS 2023).
About ZIP Code 46928

ZIP code 46928 is located in Fairmount, Indiana, within Grant County. With a population of 4,450, this is a lightly populated ZIP code with a mature community — the median age is 46.7 years. Economically, 46928 is a solidly middle-class ZIP code: the median household income of $63,387 is below the national average.

Real estate in ZIP code 46928 represents one of the more affordable housing markets in the country. The median home value of $119,400 is well below the national average. Renters can expect to pay around $805 per month in median rent. Homeownership is strong here — 79.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.

The population of 46928 is primarily White (92.92%). Residents are moderately educated — 31.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.3%. Household income has grown by 23% since 2019.

The unemployment rate in 46928 stands at 4.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.

Overall, ZIP code 46928 in Fairmount, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,450 residents, a median household income of $63,387, and a median home value of $119,400, it offers a clear picture of life in this part of Indiana.