46516 ZIP Code – Elkhart, Indiana
46516 is a large ZIP code in Elkhart, Indiana, part of Elkhart County with a population of approximately 30,993 residents. The median household income is $52,970 — below the Indiana average and below the national average. Homes in this ZIP code have a median value of $135,100, well below the national average, with 62.7% owner-occupied housing (increasing). , and the median rent of $879 is below the national average. Housing consists of 70% single-family (decreasing), 17% apartments (decreasing), 10% duplex/multi-family.
The area reports an unemployment rate of 4.9%, near the national average. An estimated 16.9% of the population falls below the poverty line, above the national figure. About 18.0% of residents have completed a four-year degree, below the national rate. The population has a median age of 36.4, below the national median. ZIP codes in the surrounding area include 46514, 46517, 46561.
ZIP Code 46516 Data
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ZIP 46516 vs. Indiana vs. U.S.
| Metric | ZIP 46516 | IN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 30k | 8,642 | 10k |
| Median Household Income | $52k | $69k | $73k |
| Median Home Value | $135k | $165k | $258k |
| Median Rent | $879 | $898 | $1,088 |
| Median Age | 36.4 | 41.0 | 43.2 |
| Unemployment Rate | 4.9% | 4.2% | 5.0% |
| Poverty Rate | 16.9% | 11.3% | 13.3% |
| Bachelor's Degree or Higher | 18.0% | 21.0% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 46514 – Elkhart
- 46517 – Elkhart
- 46561 – Osceola
- 46507 – Bristol
- 49130 – Union
- 46526 – Goshen
- 46528 – Goshen
- 49112 – Edwardsburg
- 46530 – Granger
- 46545 – Mishawaka
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 46514 | ELKHART | 41,248 | $60,300 |
| 46517 | ELKHART | 26,711 | $52,519 |
| 46561 | OSCEOLA | 14,658 | $80,853 |
| 46507 | BRISTOL | 9,755 | $78,119 |
| 49130 | UNION | 1,282 | $81,648 |