Cloverdale, IN · standard
ZIP Code 46120
Putnam County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 5,954
- 25/sq mi Moderate-density area
- $59,970
- Median income Below-median income area
- $171,400
- Median home value Near-median home value
- 14.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Cloverdale pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 29th pct
- household income, US ZIPs
- 35th pct
- home value, US ZIPs
- 25
- people per sq mi
- 76%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46120 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 46120 (Cloverdale, IN) rose +2.6% from 2023 to 2024. The all-transactions index moved from 204.1 in 2023 to 209.4 in 2024 (2000 = 100).
ZIP code 46120 is a mid-sized community (a standard USPS delivery area) in Cloverdale, Putnam County, Indiana, home to 5,954 residents across 238.2 square miles, a density of 25 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46120 reports a modest median household income of $59,970 (19% below the average Indiana ZIP), while per-capita income is $35,106. The poverty rate is 11.3%, with unemployment at 2.7%; those measures add context to the income figure. Median home value is $171,400 (11% below the average Indiana ZIP) and median rent is $825; 75.7% of occupied homes are owner-occupied.
Formal educational attainment runs low here: just 14.5% of adults hold a bachelor's degree or higher, the median age is 48.7, and the average commute is 30 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Putnam County, so 46120 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 46120
Top 5 sectors by establishment count in Cloverdale, IN
Which industries have the most business establishments in ZIP 46120.
- Construction
Construction
21 establishments
- Retail trade
Retail trade
20 establishments
- Accommodation and food services
Accommodation and food services
20 establishments
- Other services (except public administration)
Other services (except public administration)
14 establishments
- Finance and insurance 8
Finance and insurance
8 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 46120, Cloverdale, 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
5,954
Population
238.2
Area (sq mi)
25
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46120?
48.7
Median Age
47.0%
Male
53.0%
Female
1.1%
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?
$59,970
Median Household Income
-19% vs state ZIP avg
$35,106
Per Capita Income
11.3%
Poverty Rate
2.7%
Unemployment Rate
29.5 min
Mean Commute Time
How ZIP 46120 ranks among Indiana ZIPs
Cloverdale, 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)
$59,970 25th percentile higher than 25% 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
2,956housing units
2,956
Total Housing Units
2,797
Occupied Units
159
Vacant Units
2.11
Avg Household Size
Occupancy Type
$171,400
Median Home Value
-11% vs state ZIP avg
$825
Median Rent
1984
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
+2.6%
YoY Change (2024)
209
HPI Index (2000 = 100)
+109%
Total Change Since 2000
Home values in ZIP 46120 have increased 2.6% over the past year (2024). Since 2000, this ZIP has seen +109% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +11.1% | 154 |
| 2021 | +7.6% | 166 |
| 2022 | +11.4% | 185 |
| 2023 | +10.6% | 204 |
| 2024 | +2.6% | 209 |
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 119 business establishments in ZIP 46120, employing approximately 975 people with a combined annual payroll of $39,704,000.
119
Businesses
975
Employees
$39.7M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 21 | 17.6% |
| Retail trade | 20 | 16.8% |
| Accommodation and food services | 20 | 16.8% |
| Other services (except public administration) | 14 | 11.8% |
| Finance and insurance | 8 | 6.7% |
| Real estate and rental and leasing | 8 | 6.7% |
| Professional, scientific, and technical services | 6 | 5.0% |
| Transportation and warehousing | 4 | 3.4% |
| Mining, quarrying, and oil and gas extraction | 3 | 2.5% |
| Manufacturing | 3 | 2.5% |
| Wholesale trade | 3 | 2.5% |
| Administrative and support and waste management and remediation services | 3 | 2.5% |
| Health care and social assistance | 3 | 2.5% |
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 46120 vs 47456 →
ZIP 46120 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46135
Greencastle (46135)
20,992 residents
- 46120 5,954
Cloverdale (46120)
5,954 residents
- 47868 2,937
Poland (47868)
2,937 residents
- 46128 1,949
Fillmore (46128)
1,949 residents
- 47456 1,200
Quincy (47456)
1,200 residents
- 46125 51
Eminence (46125)
51 residents
What this shows Among its immediate neighbors, ZIP 46120 ranks #2 by population - useful context the national average alone can't give.
ZIP 46120 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46128
Fillmore (46128)
$86,466 median income
- 46135
Greencastle (46135)
$73,677 median income
- 47456
Quincy (47456)
$69,896 median income
- 46120
Cloverdale (46120)
$59,970 median income
- 47868
Poland (47868)
$51,409 median income
What this shows By household income, ZIP 46120 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 46120, 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 (5,954 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Putnam County
Related Areas
Frequently Asked Questions
What county is ZIP code 46120 in?
ZIP code 46120 (Cloverdale) is located in Putnam County, Indiana. Putnam County contains multiple ZIP codes, see the full list at /counties/putnam-in.
What is the population of ZIP code 46120?
ZIP code 46120 in Cloverdale, IN has a population of 5,954 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46120?
The median household income in ZIP 46120 is $59,970, which is 21% below the national average of $76,288.
What is the average home value in ZIP 46120?
The median home value in ZIP 46120 is $171,400, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 46120?
The largest racial group in ZIP 46120 is White at 95.3%. Hispanic or Latino residents make up 0.1% of the population.
How many businesses are in ZIP code 46120?
ZIP code 46120 has 119 business establishments employing approximately 975 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46120?
The top industries by establishment count in ZIP 46120 are: Construction (21), Retail trade (20), Accommodation and food services (20). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 46120?
According to the FHFA House Price Index, home values in ZIP 46120 increased by 2.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 109%. 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 46120?
In ZIP code 46120, 64.0% of residents aged 25+ have a high school diploma or higher, and 14.5% 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 46120?
The mean commute time for workers in ZIP code 46120 is 29.5 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 46120?
In ZIP code 46120, approximately 75.7% of occupied housing units are owner-occupied and 24.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46120?
The poverty rate in ZIP code 46120 is 11.3% 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 46120's numbers, next.
- See how ZIP 46120 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cloverdale, 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.