| ZIP Code | 46957 |
|---|---|
| City | Matthews |
| State | Indiana (IN) |
| County | Grant County |
| Area Code | 765 |
| Elevation | 880 ft |
| Latitude | 40.388655 |
|---|---|
| Longitude | -85.499087 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18053 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.4 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.40 |
| Below Poverty | 25.0% ▲ 150% above avg |
| College Grads | 16.7% ▼ 57% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 39 (10.8%) |
| HS Graduate | 193 (53.6%) |
| Some College | 45 (12.5%) |
| Associates | 23 (6.4%) |
| Bachelors | 30 (8.3%) |
| Graduate Degree | 30 (8.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,875 ▼ 39% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $76,600 ▼ 73% below avg ↑ 20% since 2019 |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $1,049/mo ↑ 86% since 2019 |
| Total Units | 226 |
| Vacant Units | 21 |
| Avg HH Size | 2.40 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 226 |
|---|---|
| Vacant | 21 |
| Owner Occupied | 70.7% |
| Renter Occupied | 29.3% |
| Avg HH Size | 2.40 |
ZIP code 46957 is located in Matthews, Indiana, within Grant County. With a population of 493, this is a sparsely populated ZIP code with a mature community — the median age is 45.4 years. Economically, 46957 is a working-class ZIP code: the median household income of $46,875 is below the national average.
Real estate in ZIP code 46957 represents one of the more affordable housing markets in the country. The median home value of $76,600 is well below the national average. Renters can expect to pay around $1,049 per month in median rent. Homeownership is strong here — 70.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 20% since 2019.
The population of 46957 is primarily White (84.38%). Residents are less-educated — 16.7% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 25.0%. Household income has grown by 16% since 2019.
The unemployment rate in 46957 stands at 1.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 89%.
Overall, ZIP code 46957 in Matthews, IN is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 493 residents, a median household income of $46,875, and a median home value of $76,600, it offers a clear picture of life in this part of Indiana.