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 Moderate-density area
- $67,412
- Median income Near-median income area
- $126,300
- Median home value Below-median home value
- 16.4%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Fairmount pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 43rd 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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 46928 (Fairmount, IN) rose +1.5% from 2023 to 2024. The all-transactions index moved from 171.8 in 2023 to 174.4 in 2024 (2000 = 100).
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 average Indiana ZIP), while per-capita income is $31,899. The poverty rate is 18.8%, with unemployment at 2.8%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $126,300 (35% below the average Indiana ZIP), and median rent is $895; owner occupancy is 86.0%.
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. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Grant County, so 46928 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 46928
Top 5 sectors by establishment count in Fairmount, IN
Which industries have the most business establishments in ZIP 46928.
- Other services (except public administration)
Other services (except public administration)
16 establishments
- Retail trade
Retail trade
12 establishments
- Construction 6
Construction
6 establishments
- Finance and insurance 5
Finance and insurance
5 establishments
- Accommodation and food services 5
Accommodation and food services
5 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 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
Who lives in ZIP 46928?
46.3
Median Age
51.2%
Male
48.8%
Female
1.5%
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?
$67,412
Median Household Income
-8% vs state ZIP avg
$31,899
Per Capita Income
18.8%
Poverty Rate
2.8%
Unemployment Rate
26.1 min
Mean Commute Time
How ZIP 46928 ranks among Indiana ZIPs
Fairmount, 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)
$67,412 42nd percentile higher than 42% 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
2,103housing units
2,103
Total Housing Units
1,928
Occupied Units
175
Vacant Units
2.36
Avg Household Size
Occupancy Type
$126,300
Median Home Value
-35% vs state ZIP avg
$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.
- 46953
Marion (46953)
24,177 residents
- 46036
Elwood (46036)
11,663 residents
- 46933 6,414
Gas City (46933)
6,414 residents
- 46928 4,951
Fairmount (46928)
4,951 residents
- 46938 3,200
Jonesboro (46938)
3,200 residents
- 46070 2,351
Summitville (46070)
2,351 residents
- 46986 1,915
Swayzee (46986)
1,915 residents
- 46063 401
Orestes (46063)
401 residents
- 46930 133
Fowlerton (46930)
133 residents
What this shows Among its immediate neighbors, ZIP 46928 ranks #4 by population - useful context the national average alone can't give.
ZIP 46928 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46986
Swayzee (46986)
$79,438 median income
- 46928
Fairmount (46928)
$67,412 median income
- 46036
Elwood (46036)
$62,074 median income
- 46070
Summitville (46070)
$57,667 median income
- 46933
Gas City (46933)
$56,786 median income
- 46930
Fowlerton (46930)
$52,679 median income
- 46063
Orestes (46063)
$48,750 median income
- 46953
Marion (46953)
$46,288 median income
- 46938
Jonesboro (46938)
$45,884 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 46928, 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 (4,951 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Grant County
Related Areas
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.
Related
Take this with you
What to do with ZIP 46928's numbers, next.
- See how ZIP 46928 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Fairmount, 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.