ZIP Code 46040

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Source:

Fortville · Madison County · Indiana

Population
9,944

115/sq mi

Median income
$147,500

▲ 93% vs US

higher than 96% of US ZIPs

Median home value
$435,700

▲ 57% vs US

higher than 83% of US ZIPs

Bachelor's or higher
50.4%

Median age 36.5

Land area
86.2 sq mi

Indiana/Indianapolis

ZIP code 46040 in Fortville, Indiana has a population of 9,944. The median household income is $147,500, which is 93% above the national average. Median home value is $435,700, 57% above the US average. 50.4% of residents hold a bachelor's degree or higher.

ZIP code 46040 is classified by USPS as a standard delivery area and covers roughly 86.2 square miles in Fortville, Madison County, Indiana. The area is home to 9,944 residents, producing a population density of 115 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 46040 against Indiana and the nation.

On the economic side, the median household income for ZIP 46040 sits at $147,500 (100% above the Indiana average), while per-capita income is $61,503. The poverty rate stands at 1.9% and the unemployment rate at 2.0%. On housing, the median home value is $435,700 (125% above the state average) with median rent at $1,528 per month, and 85.6% of occupied units are owner-occupied, a direct signal of whether 46040 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 50.4% of adults hold a bachelor's degree or higher, the median age is 36.5, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Madison County, so you can benchmark 46040 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 46040

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 46040.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 46040, Fortville, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

9,944

Population

86.2

Area (sq mi)

115

People / sq mi

Indiana/Indianapolis

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 46040?

36.5

Median Age

51.7%

Male

48.3%

Female

7.4%

Foreign-Born

White 81.8%
African American 6.2%
Asian 5.2%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.4%
Hispanic or Latino 1.9%

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?

$147,500

Median Household Income

+100% vs state

$61,503

Per Capita Income

1.9%

Poverty Rate

2.0%

Unemployment Rate

28.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 71.4%
Bachelor's Degree or Higher 50.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

5,535

Total Housing Units

5,476

Occupied Units

59

Vacant Units

2.91

Avg Household Size

Occupancy Type

Owner 85.6%
Renter 14.4%

$435,700

Median Home Value

+125% vs state

$1,528

Median Rent

2004

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.8%

YoY Change (2024)

246

HPI Index (2000 = 100)

+146%

Total Change Since 2000

Home values in ZIP 46040 have increased 8.8% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.8% 162
2021 +11.8% 181
2022 +18.3% 214
2023 +5.4% 226
2024 +8.8% 246

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 293 business establishments in ZIP 46040, employing approximately 2,219 people with a combined annual payroll of $104,334,000.

293

Businesses

2,219

Employees

$104.3M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 38 13.0%
Construction 33 11.3%
Retail trade 28 9.6%
Real estate and rental and leasing 28 9.6%
Health care and social assistance 26 8.9%
Accommodation and food services 22 7.5%
Other services (except public administration) 22 7.5%
Transportation and warehousing 18 6.1%
Administrative and support and waste management and remediation services 17 5.8%
Manufacturing 14 4.8%
Wholesale trade 14 4.8%
Finance and insurance 13 4.4%
Educational services 5 1.7%
Information 4 1.4%
Arts, entertainment, and recreation 4 1.4%

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 46040 vs 46048 →

ZIP Code City Population Distance
46048 Ingalls, IN 2,406 2.6 mi
46055 Mccordsville, IN 10,193 4.7 mi
46051 Lapel, IN 2,826 9.0 mi
46064 Pendleton, IN 17,148 6.1 mi
46037 Fishers, IN 35,891 6.3 mi
46236 Indianapolis, IN 27,294 7.5 mi
46140 Greenfield, IN 38,543 9.2 mi
46235 Indianapolis, IN 30,825 9.7 mi
46060 Noblesville, IN 34,708 10.8 mi
46229 Indianapolis, IN 27,262 12.2 mi

More ZIP Codes in Madison County

Frequently Asked Questions

What county is ZIP code 46040 in?
ZIP code 46040 (Fortville) 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 46040?
ZIP code 46040 in Fortville, IN has a population of 9,944 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46040?
The median household income in ZIP 46040 is $147,500, which is 93% above the national average of $76,288.
What is the average home value in ZIP 46040?
The median home value in ZIP 46040 is $435,700, which is 57% above the national average of $278,155.
What is the demographic makeup of ZIP 46040?
The largest racial group in ZIP 46040 is White at 81.8%. Hispanic or Latino residents make up 1.9% of the population.
How many businesses are in ZIP code 46040?
ZIP code 46040 has 293 business establishments employing approximately 2,219 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46040?
The top industries by establishment count in ZIP 46040 are: Professional, scientific, and technical services (38), Construction (33), Retail trade (28). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 46040?
According to the FHFA House Price Index, home values in ZIP 46040 increased by 8.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 146%. 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 46040?
In ZIP code 46040, 71.4% of residents aged 25+ have a high school diploma or higher, and 50.4% 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 46040?
The mean commute time for workers in ZIP code 46040 is 28.4 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 46040?
In ZIP code 46040, approximately 85.6% of occupied housing units are owner-occupied and 14.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46040?
The poverty rate in ZIP code 46040 is 1.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Fortville, IN

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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