Martinsville, IN · standard
ZIP Code 46151
Morgan County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 30,921
- 58/sq mi Moderate-density area
- $78,812
- Median income Near-median income area
- $242,200
- Median home value Near-median home value
- 20.8%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Martinsville pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 40%
- household income, US ZIPs
- Top 45%
- home value, US ZIPs
- 58
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46151 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 46151 (Martinsville, IN) rose +4.3% from 2023 to 2024. The all-transactions index moved from 205.4 in 2023 to 214.1 in 2024 (2000 = 100).
ZIP code 46151 is a densely settled ZIP (a standard USPS delivery area) in Martinsville, Morgan County, Indiana, with 30,921 residents across 530.4 square miles, a density of 58 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46151 lands in the middle-income range, with a median household income of $78,812 (7% above the average Indiana ZIP), while per-capita income is $40,678. The poverty rate is 9.3%, with unemployment at 4.5%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $242,200 (25% above the average Indiana ZIP), while 80.1% of occupied homes are owner-occupied and median rent is $1,006.
Educational attainment sits below the national norm: 20.8% of adults hold a bachelor's degree or higher, the median age is 42, and the average commute is 31 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Morgan County, so 46151 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 46151
Top 5 sectors by establishment count in Martinsville, IN
Which industries have the most business establishments in ZIP 46151.
- Construction
Construction
88 establishments
- Retail trade
Retail trade
81 establishments
- Other services (except public administration)
Other services (except public administration)
61 establishments
- Health care and social assistance
Health care and social assistance
48 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
46 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 46151, Martinsville, 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
30,921
Population
530.4
Area (sq mi)
58
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46151?
42.0
Median Age
51.2%
Male
48.8%
Female
1.4%
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?
$78,812
Median Household Income
+7% vs state ZIP avg
$40,678
Per Capita Income
9.3%
Poverty Rate
4.5%
Unemployment Rate
30.7 min
Mean Commute Time
How ZIP 46151 ranks nationally
Martinsville, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$78,812 Top 40% higher than 60% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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
13,608housing units
13,608
Total Housing Units
12,717
Occupied Units
891
Vacant Units
2.52
Avg Household Size
Occupancy Type
$242,200
Median Home Value
+25% vs state ZIP avg
$1,006
Median Rent
1976
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
+4.3%
YoY Change (2024)
214
HPI Index (2000 = 100)
+114%
Total Change Since 2000
Home values in ZIP 46151 have increased 4.3% over the past year (2024). Since 2000, this ZIP has seen +114% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.7% | 144 |
| 2021 | +15.1% | 166 |
| 2022 | +17.2% | 194 |
| 2023 | +5.6% | 205 |
| 2024 | +4.3% | 214 |
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 567 business establishments in ZIP 46151, employing approximately 5,073 people with a combined annual payroll of $221,007,000.
567
Businesses
5,073
Employees
$221.0M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 88 | 15.5% |
| Retail trade | 81 | 14.3% |
| Other services (except public administration) | 61 | 10.8% |
| Health care and social assistance | 48 | 8.5% |
| Professional, scientific, and technical services | 46 | 8.1% |
| Accommodation and food services | 45 | 7.9% |
| Finance and insurance | 39 | 6.9% |
| Manufacturing | 34 | 6.0% |
| Real estate and rental and leasing | 31 | 5.5% |
| Administrative and support and waste management and remediation services | 23 | 4.1% |
| Transportation and warehousing | 15 | 2.6% |
| Information | 14 | 2.5% |
| Wholesale trade | 12 | 2.1% |
| Arts, entertainment, and recreation | 11 | 1.9% |
| Utilities | 6 | 1.1% |
| Educational services | 6 | 1.1% |
| Agriculture, forestry, fishing and hunting | 3 | 0.5% |
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 46151 vs 46111 →
ZIP 46151 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46151
Martinsville (46151)
30,921 residents
- 46158
Mooresville (46158)
23,053 residents
- 46157 3,639
Monrovia (46157)
3,639 residents
- 46111 322
Brooklyn (46111)
322 residents
What this shows Among its immediate neighbors, ZIP 46151 ranks the most populous - useful context the national average alone can't give.
ZIP 46151 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46157
Monrovia (46157)
$86,250 median income
- 46158
Mooresville (46158)
$81,096 median income
- 46151
Martinsville (46151)
$78,812 median income
- 46111
Brooklyn (46111)
$74,167 median income
What this shows By household income, ZIP 46151 ranks #3 of 4 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 46151, 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 (30,921 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Morgan County
Related Areas
Frequently Asked Questions
What county is ZIP code 46151 in?
ZIP code 46151 (Martinsville) is located in Morgan County, Indiana. Morgan County contains multiple ZIP codes, see the full list at /counties/morgan-in.
What is the population of ZIP code 46151?
ZIP code 46151 in Martinsville, IN has a population of 30,921 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46151?
The median household income in ZIP 46151 is $78,812, which is 3% above the national average of $76,288.
What is the average home value in ZIP 46151?
The median home value in ZIP 46151 is $242,200, which is 13% below the national average of $278,155.
What is the demographic makeup of ZIP 46151?
The largest racial group in ZIP 46151 is White at 95.2%. Hispanic or Latino residents make up 1.5% of the population.
How many businesses are in ZIP code 46151?
ZIP code 46151 has 567 business establishments employing approximately 5,073 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46151?
The top industries by establishment count in ZIP 46151 are: Construction (88), Retail trade (81), Other services (except public administration) (61). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 46151?
According to the FHFA House Price Index, home values in ZIP 46151 increased by 4.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 114%. 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 46151?
In ZIP code 46151, 60.7% of residents aged 25+ have a high school diploma or higher, and 20.8% 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 46151?
The mean commute time for workers in ZIP code 46151 is 30.7 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 46151?
In ZIP code 46151, approximately 80.1% of occupied housing units are owner-occupied and 19.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46151?
The poverty rate in ZIP code 46151 is 9.3% 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 46151's numbers, next.
- See how ZIP 46151 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Martinsville, 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.