Spencerville, IN · standard
ZIP Code 46788
Allen County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,260
- 35/sq mi Moderate-density area
- $101,553
- Median income Above-median income area
- $285,200
- Median home value Near-median home value
- 25.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Spencerville pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 18%
- household income, US ZIPs
- Top 36%
- home value, US ZIPs
- 35
- people per sq mi
- 90%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46788 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 46788 (Spencerville, IN) rose +3.8% from 2023 to 2024. The all-transactions index moved from 237.3 in 2023 to 246.3 in 2024 (2000 = 100).
ZIP code 46788 covers 92.1 square miles in Spencerville, Allen County, Indiana (a standard USPS delivery area), with a modest 3,260 residents on file, a density of 35 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 46788 lands in the middle-income range, with a median household income of $101,553 (38% above the average Indiana ZIP), while per-capita income is $34,657. The poverty rate is 5.2%, with unemployment at 8.1%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $285,200 (47% above the average Indiana ZIP), while 89.8% of occupied homes are owner-occupied and median rent is $1,799.
Educational attainment sits below the national norm: 25.2% of adults hold a bachelor's degree or higher, the median age is 24.7, and the average commute is 25 minutes. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Allen County, so 46788 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 46788
Top 5 sectors by establishment count in Spencerville, IN
Which industries have the most business establishments in ZIP 46788.
- Construction
Construction
29 establishments
- Manufacturing 6
Manufacturing
6 establishments
- Retail trade 6
Retail trade
6 establishments
- Professional, scientific, and technical services 5
Professional, scientific, and technical services
5 establishments
- Other services (except public administration) 4
Other services (except public administration)
4 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 46788, Spencerville, 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
3,260
Population
92.1
Area (sq mi)
35
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 46788?
24.7
Median Age
48.8%
Male
51.2%
Female
2.9%
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?
$101,553
Median Household Income
+38% vs state ZIP avg
$34,657
Per Capita Income
5.2%
Poverty Rate
8.1%
Unemployment Rate
25.0 min
Mean Commute Time
How ZIP 46788 ranks among Indiana ZIPs
Spencerville, 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)
$101,553 Top 9% higher than 91% 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
1,172housing units
1,172
Total Housing Units
1,123
Occupied Units
49
Vacant Units
3.89
Avg Household Size
Occupancy Type
$285,200
Median Home Value
+47% vs state ZIP avg
$1,799
Median Rent
1983
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
+3.8%
YoY Change (2024)
246
HPI Index (2000 = 100)
+146%
Total Change Since 2000
Home values in ZIP 46788 have increased 3.8% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.7% | 148 |
| 2021 | +8.6% | 160 |
| 2022 | +23.9% | 198 |
| 2023 | +19.6% | 237 |
| 2024 | +3.8% | 246 |
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 62 business establishments in ZIP 46788, employing approximately 314 people with a combined annual payroll of $15,814,000.
62
Businesses
314
Employees
$15.8M
Annual Payroll
7
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 29 | 46.8% |
| Manufacturing | 6 | 9.7% |
| Retail trade | 6 | 9.7% |
| Professional, scientific, and technical services | 5 | 8.1% |
| Other services (except public administration) | 4 | 6.5% |
| Transportation and warehousing | 3 | 4.8% |
| Administrative and support and waste management and remediation services | 3 | 4.8% |
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 46788 vs 46785 →
ZIP 46788 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46835
Fort Wayne (46835)
33,604 residents
- 46706
Auburn (46706)
18,630 residents
- 46765 5,341
Leo (46765)
5,341 residents
- 46741 4,647
Grabill (46741)
4,647 residents
- 46797 3,957
Woodburn (46797)
3,957 residents
- 46788 3,260
Spencerville (46788)
3,260 residents
- 46743 1,971
Harlan (46743)
1,971 residents
- 46785 1,542
Saint Joe (46785)
1,542 residents
What this shows Among its immediate neighbors, ZIP 46788 ranks #6 by population - useful context the national average alone can't give.
ZIP 46788 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46765
Leo (46765)
$112,328 median income
- 46797
Woodburn (46797)
$103,566 median income
- 46741
Grabill (46741)
$102,281 median income
- 46788
Spencerville (46788)
$101,553 median income
- 46743
Harlan (46743)
$81,406 median income
- 46706
Auburn (46706)
$80,965 median income
- 46835
Fort Wayne (46835)
$77,152 median income
- 46785
Saint Joe (46785)
$63,250 median income
What this shows By household income, ZIP 46788 ranks #4 of 8 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 46788, 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 (3,260 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Allen County
Related Areas
Frequently Asked Questions
What county is ZIP code 46788 in?
ZIP code 46788 (Spencerville) is located in Allen County, Indiana. Allen County contains multiple ZIP codes, see the full list at /counties/allen-in.
What is the population of ZIP code 46788?
ZIP code 46788 in Spencerville, IN has a population of 3,260 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46788?
The median household income in ZIP 46788 is $101,553, which is 33% above the national average of $76,288.
What is the average home value in ZIP 46788?
The median home value in ZIP 46788 is $285,200, which is 3% above the national average of $278,155.
What is the demographic makeup of ZIP 46788?
The largest racial group in ZIP 46788 is White at 89.6%. Hispanic or Latino residents make up 9.4% of the population.
How many businesses are in ZIP code 46788?
ZIP code 46788 has 62 business establishments employing approximately 314 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46788?
The top industries by establishment count in ZIP 46788 are: Construction (29), Manufacturing (6), Retail trade (6). There are 7 industry sectors represented in total.
How have home values changed in ZIP code 46788?
According to the FHFA House Price Index, home values in ZIP 46788 increased by 3.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 146%. 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 46788?
In ZIP code 46788, 49.7% of residents aged 25+ have a high school diploma or higher, and 25.2% 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 46788?
The mean commute time for workers in ZIP code 46788 is 25.0 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 46788?
In ZIP code 46788, approximately 89.8% of occupied housing units are owner-occupied and 10.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46788?
The poverty rate in ZIP code 46788 is 5.2% 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 46788's numbers, next.
- See how ZIP 46788 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Spencerville, 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.