PlainZIP

Milroy, IN · standard

ZIP Code 46156

Rush County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

1,470
14/sq mi
$83,320
Median income
$157,900
Median home value
20.9%
Bachelor's or higher

The verdict

Milroy pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.

Top 34%
household income, US ZIPs
29th pct
home value, US ZIPs
14
people per sq mi
84%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46156 against every reporting US ZIP.

ZIP code 46156 is a sparsely populated ZIP (a standard USPS delivery area) in Milroy, Rush County, Indiana, home to just 1,470 residents across 105.8 square miles, a density of 14 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 46156 lands in the middle-income range, with a median household income of $83,320 (13% above the Indiana average), while per-capita income is $35,040. 5.2% of residents live below the poverty line, and the unemployment rate reads 2.1%. Median home value sits at $157,900 (18% below the state average), median rent at $823 a month, and owner-occupancy at 84.4%.

Educational attainment sits below the national norm: 20.9% of adults hold a bachelor's degree or higher, the median age is 55.2, and the average commute is -. To put 46156 in local context, 4 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Rush County, for a geography-aware comparison.

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 46156

Top 5 sectors by establishment count in Milroy, IN

Which industries have the most business establishments in ZIP 46156.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 46156, Milroy, 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

1,470

Population

105.8

Area (sq mi)

14

People / sq mi

Indiana/Indianapolis

Time Zone

standard

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 46156?

55.2

Median Age

52.6%

Male

47.4%

Female

0.0%

Foreign-Born

White 91.5%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.6%
Hispanic or Latino 0.0%

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?

$83,320

Median Household Income

+13% vs state

$35,040

Per Capita Income

5.2%

Poverty Rate

2.1%

Unemployment Rate

How ZIP 46156 ranks nationally

Milroy, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$83,320 Top 34% higher than 66% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 71.2%
Bachelor's Degree or Higher 20.9%

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

What does housing look like?

593

Total Housing Units

461

Occupied Units

132

Vacant Units

2.05

Avg Household Size

Occupancy Type

Owner 84.4%
Renter 15.6%

$157,900

Median Home Value

-18% vs state

$823

Median Rent

1949

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

+20.8%

YoY Change (2024)

208

HPI Index (2000 = 100)

+108%

Total Change Since 2000

Home values in ZIP 46156 have increased 20.8% over the past year (2024). Since 2000, this ZIP has seen +108% cumulative appreciation.

Year Annual Change HPI Index
2018 – 114
2021 – 153
2022 +20.8% 184
2024 – 208

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 41 business establishments in ZIP 46156, employing approximately 274 people with a combined annual payroll of $12,099,000.

41

Businesses

274

Employees

$12.1M

Annual Payroll

6

Industry Sectors

Industry Establishments % of Total
Construction 10 24.4%
Transportation and warehousing 6 14.6%
Manufacturing 5 12.2%
Wholesale trade 5 12.2%
Retail trade 3 7.3%
Other services (except public administration) 3 7.3%

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 46156 vs 46173 →

ZIP 46156 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 46156 ranks #3 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 46156 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 46156 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
46173 Rushville, IN 11,190 8.7 mi
46150 Manilla, IN 764 7.7 mi
46146 Homer, IN 117 8.4 mi
47272 Saint Paul, IN 2,041 8.9 mi

More ZIP Codes in Rush County

46173 standard
Rushville, IN
Pop: 11,190
46115 standard
Carthage, IN
Pop: 1,933
46104 standard
Arlington, IN
Pop: 970
46150 standard
Manilla, IN
Pop: 764
46127 standard
Falmouth, IN
Pop: 416
46146 standard
Homer, IN
Pop: 117

Related Areas

Rush County Milroy, IN Indiana

Frequently Asked Questions

What county is ZIP code 46156 in? ▼
ZIP code 46156 (Milroy) is located in Rush County, Indiana. Rush County contains multiple ZIP codes, see the full list at /counties/rush-in.
What is the population of ZIP code 46156? ▼
ZIP code 46156 in Milroy, IN has a population of 1,470 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46156? ▼
The median household income in ZIP 46156 is $83,320, which is 9% above the national average of $76,288.
What is the average home value in ZIP 46156? ▼
The median home value in ZIP 46156 is $157,900, which is 43% below the national average of $278,155.
What is the demographic makeup of ZIP 46156? ▼
The largest racial group in ZIP 46156 is White at 91.5%.
How many businesses are in ZIP code 46156? ▼
ZIP code 46156 has 41 business establishments employing approximately 274 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46156? ▼
The top industries by establishment count in ZIP 46156 are: Construction (10), Transportation and warehousing (6), Manufacturing (5). There are 6 industry sectors represented in total.
How have home values changed in ZIP code 46156? ▼
According to the FHFA House Price Index, home values in ZIP 46156 increased by 20.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 108%. 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 46156? ▼
In ZIP code 46156, 71.2% of residents aged 25+ have a high school diploma or higher, and 20.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 46156? ▼
In ZIP code 46156, approximately 84.4% of occupied housing units are owner-occupied and 15.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46156? ▼
The poverty rate in ZIP code 46156 is 5.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.