ZIP Code 46788
standardSource:
Spencerville · Allen County · Indiana
- Population
- 3,260
- Median income
- $101,553
- Median home value
- $285,200
- Bachelor's or higher
- 25.2%
- Land area
- 92.1 sq mi
35/sq mi
▲ 33% vs US
higher than 82% of US ZIPs
▲ 3% vs US
higher than 64% of US ZIPs
Median age 24.7
Indiana/Indianapolis
ZIP code 46788 in Spencerville, Indiana has a population of 3,260. The median household income is $101,553, which is 33% above the national average. Median home value is $285,200, 3% above the US average. 25.2% of residents hold a bachelor's degree or higher.
ZIP code 46788 is classified by USPS as a standard delivery area and covers roughly 92.1 square miles in Spencerville, Allen County, Indiana. The area is home to 3,260 residents, producing a population density of 35 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 46788 against Indiana and the nation.
On the economic side, the median household income for ZIP 46788 sits at $101,553 (38% above the Indiana average), while per-capita income is $34,657. The poverty rate stands at 5.2% and the unemployment rate at 8.1%. On housing, the median home value is $285,200 (47% above the state average) with median rent at $1,799 per month, and 89.8% of occupied units are owner-occupied, a direct signal of whether 46788 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 25.2% of adults hold a bachelor's degree or higher, the median age is 24.7, and the average commute is 25 minutes. We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Allen County, so you can benchmark 46788 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 46788
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$34,657
Per Capita Income
5.2%
Poverty Rate
8.1%
Unemployment Rate
25.0 min
Mean Commute Time
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?
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
$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 →
More ZIP Codes in Allen County
Related Areas
Frequently Asked Questions
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How many businesses are in ZIP code 46788? ▼
What are the main industries in ZIP code 46788? ▼
How have home values changed in ZIP code 46788? ▼
What is the education level in ZIP code 46788? ▼
What is the average commute time in ZIP 46788? ▼
What percentage of residents own vs. rent in ZIP 46788? ▼
What is the poverty rate in ZIP code 46788? ▼
ZIP Code Research Guides
Official Data Resources for Spencerville, 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.