PlainZIP

Jonesboro, IN · standard

ZIP Code 46938

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

3,200
40/sq mi
$45,884
Median income
$98,800
Median home value
19.1%
Bachelor's or higher

The verdict

Jonesboro pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

10th pct
household income, US ZIPs
9th pct
home value, US ZIPs
40
people per sq mi
81%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 46938 against every reporting US ZIP.

ZIP code 46938 covers 80.2 square miles in Jonesboro, Grant County, Indiana (a standard USPS delivery area), with a modest 3,200 residents on file, a density of 40 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 46938 reports a modest median household income of $45,884 (38% below the Indiana average), while per-capita income is $31,033. Poverty here runs at 16.9%, with unemployment measured at 5.9%. Housing costs here run $98,800 for a typical home value (49% below the state average), with rent averaging $1,020 a month; 81.1% of homes are owner-occupied.

Educational attainment sits below the national norm: 19.1% of adults hold a bachelor's degree or higher, the median age is 42.8, and the average commute is 22 minutes. A geography-based comparison follows: 7 ZIP codes within about 10 miles of 46938, plus 6 more within Grant County, give a clearer read than the 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 46938

Top 5 sectors by establishment count in Jonesboro, IN

Which industries have the most business establishments in ZIP 46938.

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 46938, Jonesboro, 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

3,200

Population

80.2

Area (sq mi)

40

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 46938?

42.8

Median Age

51.4%

Male

48.6%

Female

0.1%

Foreign-Born

White 97.2%
African American 0.2%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.6%
Hispanic or Latino 2.8%

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?

$45,884

Median Household Income

-38% vs state

$31,033

Per Capita Income

16.9%

Poverty Rate

5.9%

Unemployment Rate

22.3 min

Mean Commute Time

How ZIP 46938 ranks nationally

Jonesboro, IN household income vs. every US ZIP code

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

$45,884 10th percentile higher than 10% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 60.7%
Bachelor's Degree or Higher 19.1%

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

What does housing look like?

1,213

Total Housing Units

1,109

Occupied Units

104

Vacant Units

2.25

Avg Household Size

Occupancy Type

Owner 81.1%
Renter 18.9%

$98,800

Median Home Value

-49% vs state

$1,020

Median Rent

1958

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

+6.0%

YoY Change (2024)

157

HPI Index (2000 = 100)

+57%

Total Change Since 2000

Home values in ZIP 46938 have increased 6.0% over the past year (2024). Since 2000, this ZIP has seen +57% cumulative appreciation.

Year Annual Change HPI Index
2019 -1.3% 113
2020 +7.1% 121
2021 +18.3% 144
2022 +6.0% 152
2024 – 157

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 23 business establishments in ZIP 46938, employing approximately 136 people with a combined annual payroll of $5,319,000.

23

Businesses

136

Employees

$5.3M

Annual Payroll

3

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 5 21.7%
Retail trade 4 17.4%
Construction 3 13.0%

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 46938 vs 46953 →

ZIP 46938 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 46938 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 46938 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 46938 ranks #8 of 8 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
46953 Marion, IN 24,177 4.9 mi
46928 Fairmount, IN 4,951 3.4 mi
46933 Gas City, IN 6,414 4.1 mi
46930 Fowlerton, IN 133 4.8 mi
46070 Summitville, IN 2,351 7.3 mi
46987 Sweetser, IN 776 10.4 mi
47342 Gaston, IN 2,693 11.2 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
46928 standard
Fairmount, IN
Pop: 4,951
46986 standard
Swayzee, IN
Pop: 1,915

Related Areas

Grant County Jonesboro, IN Indiana

Frequently Asked Questions

What county is ZIP code 46938 in? ▼
ZIP code 46938 (Jonesboro) 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 46938? ▼
ZIP code 46938 in Jonesboro, IN has a population of 3,200 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 46938? ▼
The median household income in ZIP 46938 is $45,884, which is 40% below the national average of $76,288.
What is the average home value in ZIP 46938? ▼
The median home value in ZIP 46938 is $98,800, which is 64% below the national average of $278,155.
What is the demographic makeup of ZIP 46938? ▼
The largest racial group in ZIP 46938 is White at 97.2%. Hispanic or Latino residents make up 2.8% of the population.
How many businesses are in ZIP code 46938? ▼
ZIP code 46938 has 23 business establishments employing approximately 136 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 46938? ▼
The top industries by establishment count in ZIP 46938 are: Other services (except public administration) (5), Retail trade (4), Construction (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 46938? ▼
According to the FHFA House Price Index, home values in ZIP 46938 increased by 6.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 57%. 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 46938? ▼
In ZIP code 46938, 60.7% of residents aged 25+ have a high school diploma or higher, and 19.1% 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 46938? ▼
The mean commute time for workers in ZIP code 46938 is 22.3 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 46938? ▼
In ZIP code 46938, approximately 81.1% of occupied housing units are owner-occupied and 18.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 46938? ▼
The poverty rate in ZIP code 46938 is 16.9% 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.