ZIP Code 46514: Population, Income, Housing

State: IN

Total population: 42,389 Household income: $65,833 Rent: $1,113

Overview

Total population

42,389

Rent

$1,113

Year built

1977

Household income

$65,833

Per capita income

$33,541

Poverty rate

11.5%

Unemployment rate

N/A

Household size

2.6 persons

Rent over 30% of income

40%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Indiana

County

Elkhart County

City

Elkhart

Total population

42,389

Adults over 25

28,400

Total households

16,298

Household size

2.6 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Income & Poverty

Household income

$65,833

Per capita income

$33,541

Poverty rate

11.5%

Unemployment rate

N/A

Rent over 30% of income

40%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Housing

Rent

$1,113

Year built

1977

Households that rent

28%

Households that own

72%

Rooms per home (all homes)

5.8

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Race

White

73.7%

Black

5.2%

Asian

0.9%

Two or more races

9.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Ethnicity

Hispanic or Latino

17.9%

Not Hispanic or Latino

82.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Commute

Commute rate

19,751 (95.5%)

Commute time to work

21 mins

Work from home

923 (4.5%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Education

Less than high school

30.1%

High school graduate or GED

39.1%

Some college or associate degree

10.5%

Bachelor’s degree or higher

20.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Comparison of ZIP Code 46514 with: Elkhart County, IN Elkhart, IN Indiana United States

ZIP 46514

Total population42,389

Rent$1,113

Year built1977

Household income$65,833

Per capita income$33,541

Poverty rate11.5%

Unemployment rateN/A

Elkhart County, IN

Total population207,132

Rent$1,047

Year built1977

Household income$68,561

Per capita income$32,936

Poverty rate12.4%

Unemployment rate4.4%

Elkhart, IN

Total population53,733

Rent$998

Year built1965

Household income$51,028

Per capita income$28,189

Poverty rate18.2%

Unemployment rate5.1%

Indiana State

Total population6,851,073

Rent$1,062

Year built1976

Household income$71,957

Per capita income$38,351

Poverty rate12.3%

Unemployment rate4.2%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	ZIP46514	CountyElkhart, IN	CityElkhart, IN	StateIndiana	CountryUnited States
Total population	42,389	207,132	53,733	6,851,073	334,922,499
Rent	$1,113	$1,047	$998	$1,062	$1,413
Year built	1977	1977	1965	1976	1980
Household income	$65,833	$68,561	$51,028	$71,957	$80,734
Per capita income	$33,541	$32,936	$28,189	$38,351	$44,673
Poverty rate	11.5%	12.4%	18.2%	12.3%	12.5%
Unemployment rate	N/A	4.4%	5.1%	4.2%	4%

View the full multi-level comparison →

Summary for 46514

Rent & Income

In 46514, the typical monthly rent is $1,113 and the typical household income is $65,833. Rent here is higher than Elkhart and similar to Indiana, and household income is higher than Elkhart and lower than Indiana. The estimated poverty rate is 11.5%, which is lower than in both Elkhart and Indiana.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 28% of households. About 40% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 20.3% of adults holding a bachelor’s degree or higher.

ZIP 46514 — Rent vs Household Income

ZIP 46514 — Poverty

How ZIP 46514 compares in Indiana (62 ZIP Codes)

Metric	This ZIP	Rank	Starts from	State range
Rent	$1,113	24 / 62	from lower rent	$820 – $1,795
Household income	$65,833	40 / 62	from higher income	$49,195 – $177,679
Poverty rate	11.5%	31 / 62	from lower poverty	2% – 28.6%

Rankings are calculated among ZIP Codes in Indiana with total population > 30,000 (year 2024).

Detailed Ranking Explanation for ZIP Code 46514

Rent

For rent, this ZIP is positioned 24th out of 62 ZIP Codes in Indiana. In Indiana as a whole, the range goes from $820 in ZIP 47374 up to $1,795 in ZIP 46077.

Household income

For household income, ZIP Code 46514 ranks 40th out of 62 ZIP Codes. Statewide, values range from $49,195 in ZIP 46201 up to $177,679 in ZIP 46077.

Poverty rate

For poverty levels, this ZIP is positioned 31st out of 62 ZIP Codes. Across Indiana, figures vary from 2% in ZIP 46033 up to 28.6% in ZIP 47906.

💰 Rent in ZIP Code 46514 (with Utilities)

Estimated Monthly Rent: $1,113 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 46514

Annual Household Income: $65,833

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 46514

Estimated Rate: 11.5%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 46514

In ZIP Code 46514, households that rent: 4,558 (28%)

📊 What does the renter household percentage reveal about this ZIP Code?

Household Type	Count	Share
Renter-Occupied	4,558	28%
Owner-Occupied	11,740	72%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 46514

In ZIP Code 46514, cost-burdened renters (households spending over 30% of income on housing): 1,821 (40%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	1,821	40%
Other renter households	2,737	60%
Total renter households	4,558	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 46514

Less than High School: 8,536 people (30.1%)

Includes adults who did not complete high school.

High School Graduate or GED: 11,118 people (39.1%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,994 people (10.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 5,752 people (20.3%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 28,400

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.