ZIP Code 46156
standardSource:
Milroy · Rush County · Indiana
- Population
- 1,470
- Median income
- $83,320
- Median home value
- $157,900
- Bachelor's or higher
- 20.9%
- Land area
- 105.8 sq mi
14/sq mi
▲ 9% vs US
higher than 66% of US ZIPs
▼ 43% vs US
higher than 29% of US ZIPs
Median age 55.2
Indiana/Indianapolis
ZIP code 46156 in Milroy, Indiana has a population of 1,470. The median household income is $83,320, which is 9% above the national average. Median home value is $157,900, 43% below the US average. 20.9% of residents hold a bachelor's degree or higher.
ZIP code 46156 is classified by USPS as a standard delivery area and covers roughly 105.8 square miles in Milroy, Rush County, Indiana. The area is home to 1,470 residents, producing a population density of 14 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 46156 against Indiana and the nation.
On the economic side, the median household income for ZIP 46156 sits at $83,320 (13% above the Indiana average), while per-capita income is $35,040. The poverty rate stands at 5.2% and the unemployment rate at 2.1%. On housing, the median home value is $157,900 (18% below the state average) with median rent at $823 per month, and 84.4% of occupied units are owner-occupied, a direct signal of whether 46156 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 20.9% of adults hold a bachelor's degree or higher, the median age is 55.2, and the average commute is —. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Rush County, so you can benchmark 46156 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 46156
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 46156.
- Construction
Construction
10 establishments
- Transportation and warehousing
Transportation and warehousing
6 establishments
- Manufacturing
Manufacturing
5 establishments
- Wholesale trade
Wholesale trade
5 establishments
- Retail trade 3
Retail trade
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
Who lives in ZIP 46156?
55.2
Median Age
52.6%
Male
47.4%
Female
0.0%
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?
$83,320
Median Household Income
+13% vs state
$35,040
Per Capita Income
5.2%
Poverty Rate
2.1%
Unemployment Rate
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?
593
Total Housing Units
461
Occupied Units
132
Vacant Units
2.05
Avg Household Size
Occupancy Type
$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 →
More ZIP Codes in Rush County
Related Areas
Frequently Asked Questions
What county is ZIP code 46156 in? ▼
What is the population of ZIP code 46156? ▼
What is the median household income in ZIP 46156? ▼
What is the average home value in ZIP 46156? ▼
What is the demographic makeup of ZIP 46156? ▼
How many businesses are in ZIP code 46156? ▼
What are the main industries in ZIP code 46156? ▼
How have home values changed in ZIP code 46156? ▼
What is the education level in ZIP code 46156? ▼
What percentage of residents own vs. rent in ZIP 46156? ▼
What is the poverty rate in ZIP code 46156? ▼
ZIP Code Research Guides
Official Data Resources for Milroy, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.