Bourbon, IN · standard
ZIP Code 46504
Marshall County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,413
- 20/sq mi Moderate-density area
- $74,567
- Median income Near-median income area
- $184,300
- Median home value Near-median home value
- 15.9%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Bourbon pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 46%
- household income, US ZIPs
- 39th pct
- home value, US ZIPs
- 20
- people per sq mi
- 81%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46504 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 46504 (Bourbon, IN) rose +8.1% from 2023 to 2024. The all-transactions index moved from 192.2 in 2023 to 207.7 in 2024 (2000 = 100).
ZIP code 46504 covers 169.8 square miles in Bourbon, Marshall County, Indiana (a standard USPS delivery area), with a modest 3,413 residents on file, a density of 20 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46504 lands in the middle-income range, with a median household income of $74,567 (1% above the average Indiana ZIP), while per-capita income is $31,566. The poverty rate is 9.3%, with unemployment at 2.9%; those measures add context to the income figure. Median home value is $184,300 (5% below the average Indiana ZIP) and median rent is $921; 81.0% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 15.9% of adults hold a bachelor's degree or higher, the median age is 35, and the average commute is 24 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 5 more in Marshall County, so 46504 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 46504
Top 5 sectors by establishment count in Bourbon, IN
Which industries have the most business establishments in ZIP 46504.
- Retail trade
Retail trade
13 establishments
- Manufacturing
Manufacturing
11 establishments
- Construction
Construction
10 establishments
- Other services (except public administration)
Other services (except public administration)
10 establishments
- Accommodation and food services
Accommodation and food services
7 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 46504, Bourbon, 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
3,413
Population
169.8
Area (sq mi)
20
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46504?
35.0
Median Age
53.4%
Male
46.6%
Female
1.3%
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?
$74,567
Median Household Income
+1% vs state ZIP avg
$31,566
Per Capita Income
9.3%
Poverty Rate
2.9%
Unemployment Rate
24.0 min
Mean Commute Time
How ZIP 46504 ranks among Indiana ZIPs
Bourbon, 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)
$74,567 Top 42% higher than 58% 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
1,385housing units
1,385
Total Housing Units
1,259
Occupied Units
126
Vacant Units
2.78
Avg Household Size
Occupancy Type
$184,300
Median Home Value
-5% vs state ZIP avg
$921
Median Rent
1964
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
+8.1%
YoY Change (2024)
208
HPI Index (2000 = 100)
+108%
Total Change Since 2000
Home values in ZIP 46504 have increased 8.1% over the past year (2024). Since 2000, this ZIP has seen +108% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.1% | 135 |
| 2021 | +12.6% | 152 |
| 2022 | +23.9% | 189 |
| 2023 | +1.9% | 192 |
| 2024 | +8.1% | 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 71 business establishments in ZIP 46504, employing approximately 929 people with a combined annual payroll of $39,880,000.
71
Businesses
929
Employees
$39.9M
Annual Payroll
8
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 13 | 18.3% |
| Manufacturing | 11 | 15.5% |
| Construction | 10 | 14.1% |
| Other services (except public administration) | 10 | 14.1% |
| Accommodation and food services | 7 | 9.9% |
| Transportation and warehousing | 5 | 7.0% |
| Wholesale trade | 3 | 4.2% |
| Health care and social assistance | 3 | 4.2% |
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 46504 vs 46524 →
ZIP 46504 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46550
Nappanee (46550)
12,311 residents
- 46501 3,856
Argos (46501)
3,856 residents
- 46504 3,413
Bourbon (46504)
3,413 residents
- 46524 2,326
Etna Green (46524)
2,326 residents
- 46539 2,298
Mentone (46539)
2,298 residents
- 46570 1,060
Tippecanoe (46570)
1,060 residents
- 46508 217
Burket (46508)
217 residents
- 46502 115
Atwood (46502)
115 residents
What this shows Among its immediate neighbors, ZIP 46504 ranks #3 by population - useful context the national average alone can't give.
ZIP 46504 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46550
Nappanee (46550)
$84,084 median income
- 46504
Bourbon (46504)
$74,567 median income
- 46539
Mentone (46539)
$74,079 median income
- 46524
Etna Green (46524)
$65,987 median income
- 46501
Argos (46501)
$64,172 median income
- 46508
Burket (46508)
$55,833 median income
- 46570
Tippecanoe (46570)
$54,185 median income
What this shows By household income, ZIP 46504 ranks #2 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 46504, 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 (3,413 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Marshall County
Related Areas
Frequently Asked Questions
What county is ZIP code 46504 in?
ZIP code 46504 (Bourbon) is located in Marshall County, Indiana. Marshall County contains multiple ZIP codes, see the full list at /counties/marshall-in.
What is the population of ZIP code 46504?
ZIP code 46504 in Bourbon, IN has a population of 3,413 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46504?
The median household income in ZIP 46504 is $74,567, which is 2% below the national average of $76,288.
What is the average home value in ZIP 46504?
The median home value in ZIP 46504 is $184,300, which is 34% below the national average of $278,155.
What is the demographic makeup of ZIP 46504?
The largest racial group in ZIP 46504 is White at 93.8%. Hispanic or Latino residents make up 4.6% of the population.
How many businesses are in ZIP code 46504?
ZIP code 46504 has 71 business establishments employing approximately 929 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46504?
The top industries by establishment count in ZIP 46504 are: Retail trade (13), Manufacturing (11), Construction (10). There are 8 industry sectors represented in total.
How have home values changed in ZIP code 46504?
According to the FHFA House Price Index, home values in ZIP 46504 increased by 8.1% 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 46504?
In ZIP code 46504, 60.6% of residents aged 25+ have a high school diploma or higher, and 15.9% 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 46504?
The mean commute time for workers in ZIP code 46504 is 24.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46504?
In ZIP code 46504, approximately 81.0% of occupied housing units are owner-occupied and 19.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46504?
The poverty rate in ZIP code 46504 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 46504's numbers, next.
- See how ZIP 46504 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Bourbon, 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.