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ZIP Code 46016

Madison, Indiana

ZCTA 46016

Juniper

ZIP Code 46016 is in the lowest 8% nationally for FEMA risk score. It also sits in the lowest 1% nationally for typical home value. And it sits in the highest 1% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$106,329

Lower than 99% of U.S. ZIP codes
Home Price Growth, Past Five Years

85%

Higher than 97% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

24.4

Lower than 92% of U.S. ZIP codes

The boundary of ZIP Code 46016, in Madison, Indiana.

The basics

Total Population

17,834

Median Age

34.6

Population Density

2,803.19

Home values & property tax

Median Property Tax

$689

Property Tax Rateyearly tax as a share of home value

0.88%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.18×

Lower than 80% of U.S. ZIP codes
Median Income

$36,029

Lower than 96% of U.S. ZIP codes
Median Rent

$870

Lower than 67% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

32%

Higher than 99% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

60%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

25%

Climate & weather

Summer Avg High (°F)

82.4

Winter Avg Low (°F)

23.5

Avg Temperature (°F)

52.6

Hot Days/yr (>90°F)

14.1

Freezing Days/yr (<32°F)

112.4

Annual Precipitation (in)

43.3

Annual Snowfall (in)

16.9

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

24.4

Lower than 92% of U.S. ZIP codes

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 46016: frequently asked questions

What is the typical home value in ZIP Code 46016?
The estimated median home value in ZIP Code 46016 today is $106,329, lower than 99% of U.S. ZIP codes.
How much is property tax in ZIP Code 46016?
The median annual property tax in ZIP Code 46016 is $689, an effective rate of 0.88% of home value.
Is ZIP Code 46016 expensive to live in?
Homes in ZIP Code 46016 cost about 2.18× the median household income, lower than 80% of U.S. ZIP codes.
What is the average rent in ZIP Code 46016?
The median gross rent in ZIP Code 46016 is $870 a month, lower than 67% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 46016?
Home prices in ZIP Code 46016 have moved 85% over the past five years (32% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 46016?
ZIP Code 46016 has a population of 17,834, about 2,803.19 people per square mile, per the U.S. Census American Community Survey. The median age is 34.6.
What is the weather like in ZIP Code 46016?
ZIP Code 46016 averages 52.6°F year-round, summer highs near 82.4°F, winter lows around 23.5°F (NOAA 1991–2020 normals). It sees about 16.9 inches of snow a year.
Is ZIP Code 46016 at risk of flooding or natural disasters?
ZIP Code 46016's FEMA National Risk Index score is 24.4 (lower than 92% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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