ZIP 46041 vs ZIP 46057

Source:

Frankfort, IN — Michigantown, IN

This side-by-side compares ZIP 46041 (Frankfort, IN) and ZIP 46057 (Michigantown, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 46041 has a population of 23,891 at 37 people per square mile, while ZIP 46057 has 1,179 at 18 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 46041 reports a median household income of $63,157 against $53,173 in ZIP 46057, with per-capita income of $30,667 vs $34,676. The share of adults holding a bachelor's degree or higher is 15.4% in 46041 and 28.6% in 46057. Poverty rate reads 10.4% vs 6.9%, and unemployment 2.5% vs 0.8% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $161,000 in 46041 versus $187,600 in 46057, with median rent of $906 and $905 per month respectively. Homeownership rate is 71.4% vs 70.8%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
46041
Frankfort, IN
46057
Michigantown, IN
Population 23,891 1,179
Median Household Income $63,157 $53,173
Per Capita Income $30,667 $34,676
Median Age 36.9 45.7
Bachelor's Degree or Higher 15.4% 28.6%
Poverty Rate 10.4% 6.9%
Unemployment Rate 2.5% 0.8%
Median Home Value $161,000 $187,600
Median Rent (monthly) $906 $905
Homeownership Rate 71.4% 70.8%
Population Density (per sq mi) 37 18

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
46041
Frankfort, IN
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Full Profile
46057
Michigantown, IN
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What are common questions about this comparison?

How do ZIP codes 46041 and 46057 compare?
ZIP 46041 (Frankfort, IN) has a population of 23,891 and a median household income of $63,157. ZIP 46057 (Michigantown, IN) has a population of 1,179 and a median household income of $53,173.
Which ZIP code has higher income, 46041 or 46057?
ZIP 46041 (Frankfort, IN) has a higher median household income of $63,157 compared to $53,173 for ZIP 46057.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.