Frankton, IN · standard
ZIP Code 46044
Madison County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,965
- 52/sq mi Moderate-density area
- $81,402
- Median income Near-median income area
- $163,600
- Median home value Below-median home value
- 17.4%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Frankton pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 36%
- household income, US ZIPs
- 31st pct
- home value, US ZIPs
- 52
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46044 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 46044 (Frankton, IN) rose +6.6% from 2023 to 2024. The all-transactions index moved from 183.1 in 2023 to 195.2 in 2024 (2000 = 100).
ZIP code 46044 covers 56.7 square miles in Frankton, Madison County, Indiana (a standard USPS delivery area), with a modest 2,965 residents on file, a density of 52 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46044 lands in the middle-income range, with a median household income of $81,402 (11% above the average Indiana ZIP), while per-capita income is $37,711. Both reported hardship measures are comparatively low in absolute terms: poverty is 7.8% and unemployment is 3.1%. Home values sit below the statewide ZIP benchmark: the median is $163,600 (15% below the average Indiana ZIP), and median rent is $1,197; owner occupancy is 89.1%.
Educational attainment sits below the national norm: 17.4% of adults hold a bachelor's degree or higher, the median age is 42.6, and the average commute is 31 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Madison County, so 46044 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 46044
Top 5 sectors by establishment count in Frankton, IN
Which industries have the most business establishments in ZIP 46044.
- Construction
Construction
6 establishments
- Other services (except public administration)
Other services (except public administration)
5 establishments
- Retail trade
Retail trade
3 establishments
- Accommodation and food services
Accommodation and food services
3 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 46044, Frankton, 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
2,965
Population
56.7
Area (sq mi)
52
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46044?
42.6
Median Age
53.1%
Male
46.9%
Female
3.3%
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?
$81,402
Median Household Income
+11% vs state ZIP avg
$37,711
Per Capita Income
7.8%
Poverty Rate
3.1%
Unemployment Rate
31.3 min
Mean Commute Time
How ZIP 46044 ranks among Indiana ZIPs
Frankton, 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)
$81,402 Top 28% higher than 72% 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
1,095housing units
1,095
Total Housing Units
1,023
Occupied Units
72
Vacant Units
2.57
Avg Household Size
Occupancy Type
$163,600
Median Home Value
-15% vs state ZIP avg
$1,197
Median Rent
1972
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
+6.6%
YoY Change (2024)
195
HPI Index (2000 = 100)
+95%
Total Change Since 2000
Home values in ZIP 46044 have increased 6.6% over the past year (2024). Since 2000, this ZIP has seen +95% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -2.0% | 137 |
| 2021 | +15.4% | 158 |
| 2022 | +27.4% | 202 |
| 2023 | -9.3% | 183 |
| 2024 | +6.6% | 195 |
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 24 business establishments in ZIP 46044, employing approximately 131 people with a combined annual payroll of $4,463,000.
24
Businesses
131
Employees
$4.5M
Annual Payroll
4
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 6 | 25.0% |
| Other services (except public administration) | 5 | 20.8% |
| Retail trade | 3 | 12.5% |
| Accommodation and food services | 3 | 12.5% |
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 46044 vs 46011 →
ZIP 46044 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46060
Noblesville (46060)
34,708 residents
- 46016
Anderson (46016)
19,225 residents
- 46011
Anderson (46011)
16,770 residents
- 46036 11,663
Elwood (46036)
11,663 residents
- 46001 10,459
Alexandria (46001)
10,459 residents
- 46044 2,965
Frankton (46044)
2,965 residents
- 46070 2,351
Summitville (46070)
2,351 residents
- 46063 401
Orestes (46063)
401 residents
What this shows Among its immediate neighbors, ZIP 46044 ranks #6 by population - useful context the national average alone can't give.
ZIP 46044 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46060
Noblesville (46060)
$91,918 median income
- 46044
Frankton (46044)
$81,402 median income
- 46011
Anderson (46011)
$76,391 median income
- 46001
Alexandria (46001)
$70,962 median income
- 46036
Elwood (46036)
$62,074 median income
- 46070
Summitville (46070)
$57,667 median income
- 46063
Orestes (46063)
$48,750 median income
- 46016 $36,029
Anderson (46016)
$36,029 median income
What this shows By household income, ZIP 46044 ranks #2 of 8 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 46044, 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 (2,965 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 46044 in?
ZIP code 46044 (Frankton) 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 46044?
ZIP code 46044 in Frankton, IN has a population of 2,965 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46044?
The median household income in ZIP 46044 is $81,402, which is 7% above the national average of $76,288.
What is the average home value in ZIP 46044?
The median home value in ZIP 46044 is $163,600, which is 41% below the national average of $278,155.
What is the demographic makeup of ZIP 46044?
The largest racial group in ZIP 46044 is White at 94.5%. Hispanic or Latino residents make up 2.5% of the population.
How many businesses are in ZIP code 46044?
ZIP code 46044 has 24 business establishments employing approximately 131 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46044?
The top industries by establishment count in ZIP 46044 are: Construction (6), Other services (except public administration) (5), Retail trade (3). There are 4 industry sectors represented in total.
How have home values changed in ZIP code 46044?
According to the FHFA House Price Index, home values in ZIP 46044 increased by 6.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 95%. 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 46044?
In ZIP code 46044, 64.3% of residents aged 25+ have a high school diploma or higher, and 17.4% 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 46044?
The mean commute time for workers in ZIP code 46044 is 31.3 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 46044?
In ZIP code 46044, approximately 89.1% of occupied housing units are owner-occupied and 10.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46044?
The poverty rate in ZIP code 46044 is 7.8% 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 46044's numbers, next.
- See how ZIP 46044 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Frankton, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.