ZIP code 46988

ZIP 46988 is a very small community in Cass County, Indiana, with 909 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #603 of 807 ranked by population — larger than 25% of them. The median age here is 29.2 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. 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 46988 earn a median of $51,750 a year, 34.1% 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% 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 46988 is valued at $161,500, 46.8% below the national figure, while median gross rent runs $940 a month, 33.1% below the national figure, or roughly $11,280 across a full year. A household on the local median income would put about 21.8% 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 3.1×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 67.8% 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.

A median age of 29.2 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 909 residents, a handful of survey responses moves every median on this page. Compare ZIP 46988 against its county rather than against national figures.

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 46988 is tabulated inside Cass County, Indiana, one of 9 ZIP areas the Census publishes for that county and 807 across Indiana. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. 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 46988 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 46988 reports a median household income of $51,750, 12% below the $58,929 county median, and 25% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $161,500, 21% above the county figure and 4% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $940 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 46988.

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 46988 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.