46151 ZIP Code Profile, Map, Data & Demographics

Preferred Name, USPS

Martinsville, IN 46151

Acceptable Alternative

Bethany, IN 46151

Centerton, IN 46151

Not Acceptable, USPS

Lake Edgewood, IN 46151

Paradise Lake, IN 46151

Waverly, IN 46151

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ZIP Code Type: STANDARD
County: Morgan County
Centroid: Latitude 39.411, Longitude -86.463
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 46151 has segments in 3 Counties (Johnson, Monroe, Morgan).

Businesses Addresses: 799
PO Box Addresses: 168
Residential Addresses: 12,931

Multi-Family Addresses: 317
Single Family Addresses: 12,614

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2021, Maps updated: May 5, 2021.

Martinsville, IN 46151 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	32,414 (100%)
Population in Households	31,940 (98.5%)
Population in Families	26,944 (83.1%)
Population in Group Quarters¹	474 ( 1.5%)
Population Density	152
Diversity Index²	10


INCOME
Median Household Income	$61,303
Average Household Income	$86,362
% of Income for Mortgage⁴	13%
Per Capita Income	$33,100
Wealth Index⁵	104

HOUSING
Total HU (Housing Units)	13,418 (100%)
Owner Occupied HU	9,806 (73.1%)
Renter Occupied HU	2,610 (19.5%)
Vacant Housing Units	1,002 ( 7.5%)
Median Home Value	$188,950
Average Home Value	$229,719
Housing Affordability Index³	200

HOUSEHOLDS
Total Households	12,416
Average Household Size	2.57
Family Households	9,023
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Martinsville, IN 46151 - Peer Comparisons by Rank and Percentile

The table below compares 46151 to the other 774 ZIP Codes in Indiana by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.21%	0.18%
Households	0.34%	0.26%
Families	0.18%	0.17%
Median Household Income		1.69%
Per Capita Income		2.4%
Owner Occupied HU		0.42%

Variable Description	Rank	Percentile
Total Population	# 55	93rd
Population Density	# 299	61st
Median Household Income	# 288	63rd
Housing Affordability Index	# 218	28th
Per Capita Income	# 158	80th
Diversity Index	# 498	36th

46151 ZIP Code Profile, Map, Data & Demographics

ZIP Code 46151: Basic Data & USPS Preferred City Name

Martinsville, IN 46151 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Martinsville, IN 46151 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 46151

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