Elkhart, IN · standard
ZIP Code 46516
Elkhart County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 33,501
- 726/sq mi High-density area
- $56,492
- Median income Below-median income area
- $153,400
- Median home value Below-median home value
- 17.8%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Elkhart pairs one of the lowest household incomes in the country with below-median home values, in a low-density, homeowner-dominated area.
- 23rd pct
- household income, US ZIPs
- 27th pct
- home value, US ZIPs
- 726
- people per sq mi
- 63%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46516 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 46516 (Elkhart, IN) rose +8.4% from 2023 to 2024. The all-transactions index moved from 196.7 in 2023 to 213.3 in 2024 (2000 = 100).
ZIP code 46516 is a densely settled ZIP (a standard USPS delivery area) in Elkhart, Elkhart County, Indiana, with 33,501 residents across 46.2 square miles, a density of 726 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46516 reports a modest median household income of $56,492 (23% below the average Indiana ZIP), while per-capita income is $29,779. The poverty rate is 16.5%, with unemployment at 4.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $153,400 (21% below the average Indiana ZIP), and median rent is $1,016; owner occupancy is 62.7%.
Educational attainment sits below the national norm: 17.8% of adults hold a bachelor's degree or higher, the median age is 35.7, and the average commute is 19 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Elkhart County, so 46516 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 46516
Top 5 sectors by establishment count in Elkhart, IN
Which industries have the most business establishments in ZIP 46516.
- Manufacturing
Manufacturing
181 establishments
- Retail trade
Retail trade
98 establishments
- Wholesale trade
Wholesale trade
90 establishments
- Other services (except public administration)
Other services (except public administration)
80 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
77 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 46516, Elkhart, 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
33,501
Population
46.2
Area (sq mi)
726
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46516?
35.7
Median Age
50.7%
Male
49.3%
Female
14.3%
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?
$56,492
Median Household Income
-23% vs state ZIP avg
$29,779
Per Capita Income
16.5%
Poverty Rate
4.4%
Unemployment Rate
19.3 min
Mean Commute Time
How ZIP 46516 ranks nationally
Elkhart, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$56,492 23rd percentile higher than 23% 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
14,391housing units
14,391
Total Housing Units
12,244
Occupied Units
2,147
Vacant Units
2.58
Avg Household Size
Occupancy Type
$153,400
Median Home Value
-21% vs state ZIP avg
$1,016
Median Rent
1962
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
+8.4%
YoY Change (2024)
213
HPI Index (2000 = 100)
+113%
Total Change Since 2000
Home values in ZIP 46516 have increased 8.4% over the past year (2024). Since 2000, this ZIP has seen +113% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.2% | 142 |
| 2021 | +14.8% | 163 |
| 2022 | +13.0% | 184 |
| 2023 | +6.7% | 197 |
| 2024 | +8.4% | 213 |
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 889 business establishments in ZIP 46516, employing approximately 18,211 people with a combined annual payroll of $934,494,000.
889
Businesses
18,211
Employees
$934.5M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Manufacturing | 181 | 20.4% |
| Retail trade | 98 | 11.0% |
| Wholesale trade | 90 | 10.1% |
| Other services (except public administration) | 80 | 9.0% |
| Professional, scientific, and technical services | 77 | 8.7% |
| Health care and social assistance | 65 | 7.3% |
| Accommodation and food services | 64 | 7.2% |
| Construction | 51 | 5.7% |
| Finance and insurance | 51 | 5.7% |
| Administrative and support and waste management and remediation services | 35 | 3.9% |
| Real estate and rental and leasing | 32 | 3.6% |
| Transportation and warehousing | 28 | 3.1% |
| Educational services | 12 | 1.4% |
| Information | 10 | 1.1% |
| Arts, entertainment, and recreation | 9 | 1.0% |
| Management of companies and enterprises | 4 | 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 46516 vs 46514 →
ZIP 46516 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46514
Elkhart (46514)
40,263 residents
- 46516
Elkhart (46516)
33,501 residents
- 46526
Goshen (46526)
30,671 residents
- 46517
Elkhart (46517)
23,764 residents
- 46561 13,343
Osceola (46561)
13,343 residents
- 49112 10,171
Edwardsburg (49112)
10,171 residents
- 46507 9,128
Bristol (46507)
9,128 residents
- 46573 3,565
Wakarusa (46573)
3,565 residents
- 49130 1,659
Union (49130)
1,659 residents
What this shows Among its immediate neighbors, ZIP 46516 ranks #2 by population - useful context the national average alone can't give.
ZIP 46516 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46561
Osceola (46561)
$91,711 median income
- 46573
Wakarusa (46573)
$85,750 median income
- 46507
Bristol (46507)
$82,683 median income
- 49130
Union (49130)
$76,667 median income
- 46526
Goshen (46526)
$67,461 median income
- 46514
Elkhart (46514)
$65,833 median income
- 49112
Edwardsburg (49112)
$61,785 median income
- 46517
Elkhart (46517)
$56,772 median income
- 46516
Elkhart (46516)
$56,492 median income
What this shows By household income, ZIP 46516 ranks #9 of 9 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 46516, 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 (33,501 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Elkhart County
Related Areas
Frequently Asked Questions
What county is ZIP code 46516 in?
ZIP code 46516 (Elkhart) is located in Elkhart County, Indiana. Elkhart County contains multiple ZIP codes, see the full list at /counties/elkhart-in.
What is the population of ZIP code 46516?
ZIP code 46516 in Elkhart, IN has a population of 33,501 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46516?
The median household income in ZIP 46516 is $56,492, which is 26% below the national average of $76,288.
What is the average home value in ZIP 46516?
The median home value in ZIP 46516 is $153,400, which is 45% below the national average of $278,155.
What is the demographic makeup of ZIP 46516?
The largest racial group in ZIP 46516 is White at 66.5%. Hispanic or Latino residents make up 23.6% of the population.
How many businesses are in ZIP code 46516?
ZIP code 46516 has 889 business establishments employing approximately 18,211 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46516?
The top industries by establishment count in ZIP 46516 are: Manufacturing (181), Retail trade (98), Wholesale trade (90). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 46516?
According to the FHFA House Price Index, home values in ZIP 46516 increased by 8.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 113%. 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 46516?
In ZIP code 46516, 55.4% of residents aged 25+ have a high school diploma or higher, and 17.8% 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 46516?
The mean commute time for workers in ZIP code 46516 is 19.3 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 46516?
In ZIP code 46516, approximately 62.7% of occupied housing units are owner-occupied and 37.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46516?
The poverty rate in ZIP code 46516 is 16.5% 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 46516's numbers, next.
- See how ZIP 46516 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Elkhart, 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.