What to know about ZIP 46515
ZIP code 46515 covers ZIP 46515 with a population of about 4,401.
At a glance, the area shows median age of 47.2 versus a U.S. median of about 38.9.
It sits in the SOUTH BEND - ELKHART media market.
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ZIP Code 46515 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working Class
At a glance
Population
4,401
Density
N/A
Median income
$41,264
-45% vs US avg
Home value
$135,300
-61% vs US avg
Median rent
$481
-59% vs US avg
Timezone
N/A
Overview of ZIP Code 46515
Income and economy in ZIP 46515
Median household income in ZIP 46515 is about $41,264 — about 45% below the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 13.2%; unemployment rate near 3.1%; 28.5% of adults with a bachelor’s degree or higher (about 5.2 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 2.7% of workers reporting work-from-home (about 12.5 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).
Housing and affordability in ZIP 46515
Median home value is about $135,300 — about 61% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $481 (about 59% below the U.S. median rent ($1,163)), and owner-occupancy near 62.3% (about 3.1 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 46515, a household would need roughly $37,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $869. That sits below the local median household income ($41,264), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.