Elwood, IN · standard
ZIP Code 46036
Madison County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 11,663
- 57/sq mi Moderate-density area
- $62,074
- Median income Below-median income area
- $117,700
- Median home value Below-median home value
- 13.0%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Elwood pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 33rd pct
- household income, US ZIPs
- 16th pct
- home value, US ZIPs
- 57
- people per sq mi
- 73%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46036 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 46036 (Elwood, IN) rose +11.4% from 2023 to 2024. The all-transactions index moved from 183.8 in 2023 to 204.7 in 2024 (2000 = 100).
ZIP code 46036 is a mid-sized community (a standard USPS delivery area) in Elwood, Madison County, Indiana, home to 11,663 residents across 203.5 square miles, a density of 57 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46036 reports a modest median household income of $62,074 (16% below the average Indiana ZIP), while per-capita income is $31,363. The poverty rate is 15.8%, with unemployment at 5.7%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $117,700 (39% below the average Indiana ZIP), and median rent is $865; owner occupancy is 72.9%.
Formal educational attainment runs low here: just 13.0% of adults hold a bachelor's degree or higher, the median age is 44.4, and the average commute is 29 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Madison County, so 46036 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 46036
Top 5 sectors by establishment count in Elwood, IN
Which industries have the most business establishments in ZIP 46036.
- Retail trade
Retail trade
35 establishments
- Health care and social assistance
Health care and social assistance
28 establishments
- Accommodation and food services
Accommodation and food services
25 establishments
- Other services (except public administration)
Other services (except public administration)
25 establishments
- Construction
Construction
15 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 46036, Elwood, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
11,663
Population
203.5
Area (sq mi)
57
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46036?
44.4
Median Age
50.5%
Male
49.5%
Female
0.6%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$62,074
Median Household Income
-16% vs state ZIP avg
$31,363
Per Capita Income
15.8%
Poverty Rate
5.7%
Unemployment Rate
29.2 min
Mean Commute Time
How ZIP 46036 ranks among Indiana ZIPs
Elwood, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$62,074 30th percentile higher than 30% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
5,262housing units
5,262
Total Housing Units
4,693
Occupied Units
569
Vacant Units
2.48
Avg Household Size
Occupancy Type
$117,700
Median Home Value
-39% vs state ZIP avg
$865
Median Rent
1953
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+11.4%
YoY Change (2024)
205
HPI Index (2000 = 100)
+105%
Total Change Since 2000
Home values in ZIP 46036 have increased 11.4% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +8.3% | 134 |
| 2021 | +8.5% | 146 |
| 2022 | +24.5% | 181 |
| 2023 | +1.3% | 184 |
| 2024 | +11.4% | 205 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 199 business establishments in ZIP 46036, employing approximately 3,315 people with a combined annual payroll of $159,122,000.
199
Businesses
3,315
Employees
$159.1M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 35 | 17.6% |
| Health care and social assistance | 28 | 14.1% |
| Accommodation and food services | 25 | 12.6% |
| Other services (except public administration) | 25 | 12.6% |
| Construction | 15 | 7.5% |
| Transportation and warehousing | 13 | 6.5% |
| Professional, scientific, and technical services | 12 | 6.0% |
| Finance and insurance | 10 | 5.0% |
| Manufacturing | 8 | 4.0% |
| Wholesale trade | 7 | 3.5% |
| Real estate and rental and leasing | 7 | 3.5% |
| Arts, entertainment, and recreation | 4 | 2.0% |
| Information | 3 | 1.5% |
| Administrative and support and waste management and remediation services | 3 | 1.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 46036 vs 46044 →
ZIP 46036 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46036
Elwood (46036)
11,663 residents
- 46928
Fairmount (46928)
4,951 residents
- 46044 2,965
Frankton (46044)
2,965 residents
- 46076 1,696
Windfall (46076)
1,696 residents
- 46063 401
Orestes (46063)
401 residents
- 46047 43
Hobbs (46047)
43 residents
What this shows Among its immediate neighbors, ZIP 46036 ranks the most populous - useful context the national average alone can't give.
ZIP 46036 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46044
Frankton (46044)
$81,402 median income
- 46076
Windfall (46076)
$73,889 median income
- 46928
Fairmount (46928)
$67,412 median income
- 46036
Elwood (46036)
$62,074 median income
- 46063
Orestes (46063)
$48,750 median income
What this shows By household income, ZIP 46036 ranks #4 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46036, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (11,663 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Madison County
Related Areas
Frequently Asked Questions
What county is ZIP code 46036 in?
ZIP code 46036 (Elwood) is located in Madison County, Indiana. Madison County contains multiple ZIP codes, see the full list at /counties/madison-in.
What is the population of ZIP code 46036?
ZIP code 46036 in Elwood, IN has a population of 11,663 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46036?
The median household income in ZIP 46036 is $62,074, which is 19% below the national average of $76,288.
What is the average home value in ZIP 46036?
The median home value in ZIP 46036 is $117,700, which is 58% below the national average of $278,155.
What is the demographic makeup of ZIP 46036?
The largest racial group in ZIP 46036 is White at 93.7%. Hispanic or Latino residents make up 2.5% of the population.
How many businesses are in ZIP code 46036?
ZIP code 46036 has 199 business establishments employing approximately 3,315 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46036?
The top industries by establishment count in ZIP 46036 are: Retail trade (35), Health care and social assistance (28), Accommodation and food services (25). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 46036?
According to the FHFA House Price Index, home values in ZIP 46036 increased by 11.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 46036?
In ZIP code 46036, 64.0% of residents aged 25+ have a high school diploma or higher, and 13.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 46036?
The mean commute time for workers in ZIP code 46036 is 29.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46036?
In ZIP code 46036, approximately 72.9% of occupied housing units are owner-occupied and 27.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46036?
The poverty rate in ZIP code 46036 is 15.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 46036's numbers, next.
- See how ZIP 46036 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Elwood, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.