US ZIP Code
46938

Jonesboro, IN

Grant County  ·  Indiana

● Active
👥 2,576 Population ↓ 12% since 2019
💰 $45,469 Median HH Income
▼ 40% below avg ↓ 9% since 2019
🎂 44.4 Median Age ↓ 9% since 2019
🏠 $91,300 Median Home Value
▼ 67% below avg ↑ 5% since 2019
🎓 28.3% College Grads
▼ 27% below avg
📊 4.5% Unemployment
≈ Avg ↑ 50% since 2019
ZIP Code Details
ZIP Code46938
CityJonesboro
StateIndiana (IN)
CountyGrant County
Area Code765
Elevation870 ft
Latitude40.430291
Longitude-85.593678
TimezoneIndiana/Indianapolis (DST)
FIPS18053
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 52.4% (1,349) Female 47.6% (1,227) ♀

Race & Ethnicity

White: 94.6%Hispanic: 2.8%Black: 0.4%Other: 2.3%Race
White94.6%
Hispanic2.8%
Black0.4%
Other2.3%

Age Breakdown

Under 5
3%
5–17
17%
18–24
5%
25–44
27%
45–64
25%
65+
11%

Key Indicators

Median Age44.4 yrs ↓ 9% since 2019
Avg Household Size2.11
Below Poverty17.0% ▲ 70% above avg
College Grads28.3% ▼ 27% below avg
Unemployment4.5% ≈ Avg
No HS Diploma3 (0.2%)
HS Graduate697 (39.3%)
Some College261 (14.7%)
Associates309 (17.4%)
Bachelors214 (12.1%)
Graduate Degree288 (16.3%)

Education

No HS: 0.2%HS Grad: 39.3%Some College: 14.7%Associates: 17.4%Bachelors: 12.1%Graduate: 16.3%Edu
No HS0.2%
HS Grad39.3%
Some College14.7%
Associates17.4%
Bachelors12.1%
Graduate16.3%
Housing & Income

Housing Tenure

Owner: 80.7%Renter: 19.3%Tenure
Owner80.7%
Renter19.3%

Home Value Distribution

Under $50k
6%
$50k–100k
50%
$100k–150k
14%
$150k–200k
7%
$200k–300k
9%
$300k–500k
14%
Over $500k
0%

Financials

Median HH Income$45,469 ▼ 40% below avg ↓ 9% since 2019
Median Home Value$91,300 ▼ 67% below avg ↑ 5% since 2019
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$928/mo ↑ 15% since 2019
Total Units1,311
Vacant Units88
Avg HH Size2.11

Income Distribution

Under $25k
20%
$25k–50k
31%
$50k–75k
20%
$75k–100k
11%
$100k–150k
8%
$150k–200k
6%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
94%
Walked
2%
Work From Home
4%

Commute Time

Under 15 min
23%
15–30 min
58%
30–45 min
8%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
27%
1960s–1970s
6%
1980s–1990s
3%
2000+
60%

Summary

Total Units1,311
Vacant88
Owner Occupied80.7%
Renter Occupied19.3%
Avg HH Size2.11
Frequently Asked Questions
ZIP code 46938 is in Jonesboro, IN, in Grant County.
ZIP code 46938 is located in Indiana (IN).
ZIP code 46938 is in Grant County, IN.
ZIP 46938 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 46938 is 2,576 people (ACS 2023).
The median household income in ZIP code 46938 is $45,469 (ACS 2023).
The median home value in ZIP 46938 is $91,300 (ACS 2023).
About ZIP Code 46938

ZIP code 46938 is located in Jonesboro, Indiana, within Grant County. With a population of 2,576, this is a sparsely populated ZIP code with a middle-aged community — the median age is 44.4 years. Economically, 46938 is a working-class ZIP code: the median household income of $45,469 is below the national average.

Real estate in ZIP code 46938 represents one of the more affordable housing markets in the country. The median home value of $91,300 is well below the national average. Renters can expect to pay around $928 per month in median rent. Homeownership is strong here — 80.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 5% since 2019.

The population of 46938 is primarily White (94.57%). Residents are moderately educated — 28.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.0%. Household income has declined by 9% since 2019.

The unemployment rate in 46938 stands at 4.5%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 86%.

Overall, ZIP code 46938 in Jonesboro, IN is characterized as working-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 2,576 residents, a median household income of $45,469, and a median home value of $91,300, it offers a clear picture of life in this part of Indiana.