PlainZIP

Fairmount, IN · standard

ZIP Code 46928

Grant County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

4,951
26/sq mi
$67,412
Median income
$126,300
Median home value
16.4%
Bachelor's or higher

The verdict

Fairmount pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

43th pct
household income, US ZIPs
19th pct
home value, US ZIPs
26
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46928 against every reporting US ZIP.

ZIP code 46928 covers 187.5 square miles in Fairmount, Grant County, Indiana (a standard USPS delivery area), with a modest 4,951 residents on file, a density of 26 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 46928 reports a modest median household income of $67,412 (8% below the Indiana average), while per-capita income is $31,899. Local economic indicators show a 18.8% poverty rate alongside 2.8% unemployment. The typical home here is valued at $126,300 (35% below the state average); renters pay a median of $895 monthly, and 86.0% of units are owner-occupied.

Educational attainment sits below the national norm: 16.4% of adults hold a bachelor's degree or higher, the median age is 46.3, and the average commute is 26 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Grant County, so you can benchmark 46928 against its immediate geography rather than a national average alone.

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 46928

Top 5 sectors by establishment count in Fairmount, IN

Which industries have the most business establishments in ZIP 46928.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 46928, Fairmount, 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

4,951

Population

187.5

Area (sq mi)

26

People / sq mi

Indiana/Indianapolis

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 46928?

46.3

Median Age

51.2%

Male

48.8%

Female

1.5%

Foreign-Born

White 93.8%
African American 0.7%
Asian 0.0%
American Indian or Alaska Native 1.8%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.2%
Hispanic or Latino 3.0%

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?

$67,412

Median Household Income

-8% vs state

$31,899

Per Capita Income

18.8%

Poverty Rate

2.8%

Unemployment Rate

26.1 min

Mean Commute Time

How ZIP 46928 ranks nationally

Fairmount, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$67,412 43rd percentile higher than 43% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 61.4%
Bachelor's Degree or Higher 16.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

2,103

Total Housing Units

1,928

Occupied Units

175

Vacant Units

2.36

Avg Household Size

Occupancy Type

Owner 86.0%
Renter 14.0%

$126,300

Median Home Value

-35% vs state

$895

Median Rent

1961

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

+1.5%

YoY Change (2024)

174

HPI Index (2000 = 100)

+74%

Total Change Since 2000

Home values in ZIP 46928 have increased 1.5% over the past year (2024). Since 2000, this ZIP has seen +74% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.5% 128
2021 +13.0% 144
2022 +5.1% 152
2023 +13.3% 172
2024 +1.5% 174

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 60 business establishments in ZIP 46928, employing approximately 517 people with a combined annual payroll of $16,395,000.

60

Businesses

517

Employees

$16.4M

Annual Payroll

7

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 16 26.7%
Retail trade 12 20.0%
Construction 6 10.0%
Finance and insurance 5 8.3%
Accommodation and food services 5 8.3%
Health care and social assistance 4 6.7%
Wholesale trade 3 5.0%

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 46928 vs 46938 →

ZIP 46928 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 46928 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 46928 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 46928 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
46938 Jonesboro, IN 3,200 3.4 mi
46070 Summitville, IN 2,351 4.8 mi
46930 Fowlerton, IN 133 6.0 mi
46953 Marion, IN 24,177 8.0 mi
46063 Orestes, IN 401 9.7 mi
46933 Gas City, IN 6,414 7.4 mi
46986 Swayzee, IN 1,915 9.3 mi
46036 Elwood, IN 11,663 10.9 mi

More ZIP Codes in Grant County

46953 standard
Marion, IN
Pop: 24,177
46952 standard
Marion, IN
Pop: 20,308
46933 standard
Gas City, IN
Pop: 6,414
46989 standard
Upland, IN
Pop: 5,195
46938 standard
Jonesboro, IN
Pop: 3,200
46986 standard
Swayzee, IN
Pop: 1,915

Related Areas

Grant County Fairmount, IN Indiana

Frequently Asked Questions

What county is ZIP code 46928 in? ▼
ZIP code 46928 (Fairmount) is located in Grant County, Indiana. Grant County contains multiple ZIP codes, see the full list at /counties/grant-in.
What is the population of ZIP code 46928? ▼
ZIP code 46928 in Fairmount, IN has a population of 4,951 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46928? ▼
The median household income in ZIP 46928 is $67,412, which is 12% below the national average of $76,288.
What is the average home value in ZIP 46928? ▼
The median home value in ZIP 46928 is $126,300, which is 55% below the national average of $278,155.
What is the demographic makeup of ZIP 46928? ▼
The largest racial group in ZIP 46928 is White at 93.8%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 46928? ▼
ZIP code 46928 has 60 business establishments employing approximately 517 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46928? ▼
The top industries by establishment count in ZIP 46928 are: Other services (except public administration) (16), Retail trade (12), Construction (6). There are 7 industry sectors represented in total.
How have home values changed in ZIP code 46928? ▼
According to the FHFA House Price Index, home values in ZIP 46928 increased by 1.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 74%. 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 46928? ▼
In ZIP code 46928, 61.4% of residents aged 25+ have a high school diploma or higher, and 16.4% 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 46928? ▼
The mean commute time for workers in ZIP code 46928 is 26.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 46928? ▼
In ZIP code 46928, approximately 86.0% of occupied housing units are owner-occupied and 14.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46928? ▼
The poverty rate in ZIP code 46928 is 18.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.