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Henry County · Indiana

ZIP code 46148

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 46148 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
4,948

ZCTA residents

Median income
$62,951

Household, past 12 months

Median home
$180,900

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 46148 sits in Henry County, Indiana and is home to 4,948 people. Median household income is $62,951, the median home is worth $180,900 and median gross rent is $849. 76.2% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Henry County

FIPS 18065

State
Indiana (IN)

807 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 46148

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
4,948ZIP 46148 residents
Median household income
$62,951Past 12 months, inflation adjusted
Median home value
$180,900Owner-occupied units
Median gross rent
$849Rent plus utilities, monthly
Median age
41 yrsAll residents
Homeownership rate
76.2%Owner-occupied households

ZIP 46148 in context

How this area compares with national benchmarks.

ZIP 46148 is a small town in Henry County, Indiana, with 4,948 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #306 of 807 ranked by population — larger than 62% of them. The median age here is 41 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 46148 earn a median of $62,951 a year, 19.8% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 19.8% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 46148 is valued at $180,900, 40.4% below the national figure, while median gross rent runs $849 a month, 39.6% below the national figure, or roughly $10,188 across a full year. A household on the local median income would put about 16.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 76.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 46148 in context

How 46148 sits inside Henry County and Indiana.

ZIP 46148 is tabulated inside Henry County, Indiana, one of 15 ZIP areas the Census publishes for that county and 807 across Indiana. Population sits in the small-town band, typically one main street plus the addresses that feed into it. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 46148 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 46148 reports a median household income of $62,951, 3% below the $65,221 county median, and 9% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $180,900, 36% above the county figure and 8% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $849 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Indiana charges 7% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 46148.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 46148 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 46148

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

Indiana levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
16%Median rent ÷ median income
Price-to-income
2.9×Home value ÷ household income
Est. mortgage
$939/mo20% down, 30-yr at 6.75%
Poverty rate
19.8%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 46148 compares

ZIP 46148 against the median ZIP in Henry County and across Indiana.

MeasureZIP 46148County medianState medianvs state
Median household income$62,951$65,221$68,990-9%
Median home value$180,900$133,300$168,100+8%
Median gross rent$849$911$895-5%
Population4,9488232,793+77%

Medians are computed across the 15 ZIP areas in Henry County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 35% of 734 state ZIPs

#476
Home value

above 59% of 733 state ZIPs

#297
Population

larger than 62% of 807 state ZIPs

#306

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46229Marion County$62,982$170,100$1,020
47229Jackson County$62,917$151,800$965
47513Dubois County$63,026$164,600$688
47905Tippecanoe County$63,115$215,500$1,101
47451Lawrence County$63,125$131,300$681
46501Marshall County$62,721$146,200$947

Nearby ZIP codes

Other ZIP codes filed under Henry County.

Adjacent ZIP Codes

Other ZIP codes in Henry County, Indiana.

ZIP 46148 questions

Common questions about this ZIP code.

Where is ZIP code 46148?
ZIP 46148 lies mostly in Henry County, Indiana. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 46148?
Indiana charges 7% statewide.
Is 46148 expensive to live in?
Median rent runs $849 a month, about 16% of median household income, and the median home is worth $180,900 — +8% against the typical Indiana ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 46148, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.