ZIP code 46405

ZIP 46405 is a mid-size town in Lake County, Indiana, with 11,509 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #192 of 807 ranked by population — larger than 76% of them. The median age here is 37.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 46405 earn a median of $57,005 a year, 27.4% 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 13.1% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 46405 is valued at $123,600, 59.3% below the national figure, while median gross rent runs $1,136 a month, 19.2% below the national figure, or roughly $13,632 across a full year. A household on the local median income would put about 23.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 72.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

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.

ZIP 46405 is tabulated inside Lake County, Indiana, one of 27 ZIP areas the Census publishes for that county and 807 across Indiana. This is a mid-sized suburban ZIP inside a county that is split across many delivery areas. 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 46405 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 46405 reports a median household income of $57,005, 7% below the $61,427 county median, and 17% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $123,600, 22% below the county figure and 26% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,136 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 46405.

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 46405 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.