Lapel, IN · standard
ZIP Code 46051
Madison County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,826
- 69/sq mi Moderate-density area
- $78,333
- Median income Near-median income area
- $204,600
- Median home value Near-median home value
- 26.0%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Lapel pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 40%
- household income, US ZIPs
- 45th pct
- home value, US ZIPs
- 69
- people per sq mi
- 72%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46051 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 46051 (Lapel, IN) rose +22.7% from 2023 to 2024. The all-transactions index moved from 196.8 in 2023 to 241.6 in 2024 (2000 = 100).
ZIP code 46051 covers 41.0 square miles in Lapel, Madison County, Indiana (a standard USPS delivery area), with a modest 2,826 residents on file, a density of 69 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46051 lands in the middle-income range, with a median household income of $78,333 (6% above the average Indiana ZIP), while per-capita income is $38,157. The poverty rate is 5.3%, with unemployment at 5.6%; those measures add context to the income figure. Median home value is $204,600 (6% above the average Indiana ZIP) and median rent is $1,285; 72.2% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 26.0% of adults hold a bachelor's degree or higher, the median age is 39.3, and the average commute is 28 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Madison County, so 46051 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 46051
Top 5 sectors by establishment count in Lapel, IN
Which industries have the most business establishments in ZIP 46051.
- Other services (except public administration)
Other services (except public administration)
11 establishments
- Accommodation and food services
Accommodation and food services
8 establishments
- Construction
Construction
6 establishments
- Retail trade
Retail trade
6 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
6 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 46051, Lapel, 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
2,826
Population
41.0
Area (sq mi)
69
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46051?
39.3
Median Age
45.1%
Male
54.9%
Female
0.2%
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?
$78,333
Median Household Income
+6% vs state ZIP avg
$38,157
Per Capita Income
5.3%
Poverty Rate
5.6%
Unemployment Rate
28.0 min
Mean Commute Time
How ZIP 46051 ranks among Indiana ZIPs
Lapel, 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)
$78,333 Top 34% higher than 66% 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
1,252housing units
1,252
Total Housing Units
1,190
Occupied Units
62
Vacant Units
2.45
Avg Household Size
Occupancy Type
$204,600
Median Home Value
+6% vs state ZIP avg
$1,285
Median Rent
1973
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
+22.7%
YoY Change (2024)
242
HPI Index (2000 = 100)
+142%
Total Change Since 2000
Home values in ZIP 46051 have increased 22.7% over the past year (2024). Since 2000, this ZIP has seen +142% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.3% | 140 |
| 2021 | +14.7% | 160 |
| 2022 | +14.4% | 184 |
| 2023 | +7.2% | 197 |
| 2024 | +22.7% | 242 |
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 57 business establishments in ZIP 46051, employing approximately 593 people with a combined annual payroll of $36,062,000.
57
Businesses
593
Employees
$36.1M
Annual Payroll
8
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 11 | 19.3% |
| Accommodation and food services | 8 | 14.0% |
| Construction | 6 | 10.5% |
| Retail trade | 6 | 10.5% |
| Professional, scientific, and technical services | 6 | 10.5% |
| Transportation and warehousing | 5 | 8.8% |
| Health care and social assistance | 5 | 8.8% |
| Finance and insurance | 4 | 7.0% |
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 46051 vs 46060 →
ZIP 46051 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46037
Fishers (46037)
35,891 residents
- 46060
Noblesville (46060)
34,708 residents
- 46064
Pendleton (46064)
17,148 residents
- 46011
Anderson (46011)
16,770 residents
- 46040 9,944
Fortville (46040)
9,944 residents
- 46051 2,826
Lapel (46051)
2,826 residents
- 46048 2,406
Ingalls (46048)
2,406 residents
What this shows Among its immediate neighbors, ZIP 46051 ranks #6 by population - useful context the national average alone can't give.
ZIP 46051 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46040
Fortville (46040)
$147,500 median income
- 46037
Fishers (46037)
$141,810 median income
- 46064
Pendleton (46064)
$94,609 median income
- 46060
Noblesville (46060)
$91,918 median income
- 46051
Lapel (46051)
$78,333 median income
- 46011
Anderson (46011)
$76,391 median income
- 46048
Ingalls (46048)
$72,102 median income
What this shows By household income, ZIP 46051 ranks #5 of 7 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 46051, 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 (2,826 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 46051 in?
ZIP code 46051 (Lapel) 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 46051?
ZIP code 46051 in Lapel, IN has a population of 2,826 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46051?
The median household income in ZIP 46051 is $78,333, which is 3% above the national average of $76,288.
What is the average home value in ZIP 46051?
The median home value in ZIP 46051 is $204,600, which is 26% below the national average of $278,155.
What is the demographic makeup of ZIP 46051?
The largest racial group in ZIP 46051 is White at 90.8%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 46051?
ZIP code 46051 has 57 business establishments employing approximately 593 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46051?
The top industries by establishment count in ZIP 46051 are: Other services (except public administration) (11), Accommodation and food services (8), Construction (6). There are 8 industry sectors represented in total.
How have home values changed in ZIP code 46051?
According to the FHFA House Price Index, home values in ZIP 46051 increased by 22.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 142%. 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 46051?
In ZIP code 46051, 62.4% of residents aged 25+ have a high school diploma or higher, and 26.0% 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 46051?
The mean commute time for workers in ZIP code 46051 is 28.0 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 46051?
In ZIP code 46051, approximately 72.2% of occupied housing units are owner-occupied and 27.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46051?
The poverty rate in ZIP code 46051 is 5.3% 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 46051's numbers, next.
- See how ZIP 46051 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lapel, 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.