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ZIP Code 46051

Madison, Indiana

ZCTA 46051

Juniper

ZIP Code 46051 is in the lowest 20% nationally for FEMA risk score. It also sits in the lowest 2% nationally for home price growth over the past year. And it sits in the lowest 25% nationally for typical home value.

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

$240,631

Lower than 75% of U.S. ZIP codes
Home Price Growth, Past Five Years

54%

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

39.1

Lower than 80% of U.S. ZIP codes

The boundary of ZIP Code 46051, in Madison, Indiana.

The basics

Total Population

2,919

Median Age

39.3

Population Density

188.31

Home values & property tax

Median Property Tax

$1,240

Property Tax Rateyearly tax as a share of home value

0.61%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.61×

Lower than 67% of U.S. ZIP codes
Median Income

$78,333

Higher than 60% of U.S. ZIP codes
Median Rent

$1,285

Higher than 68% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

-11%

Lower than 98% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

38%

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

17%

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)

42.1

Annual Snowfall (in)

17.6

Flood & disaster risk

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

39.1

Lower than 80% 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 46051: frequently asked questions

What is the typical home value in ZIP Code 46051?
The estimated median home value in ZIP Code 46051 today is $240,631, lower than 75% of U.S. ZIP codes.
How much is property tax in ZIP Code 46051?
The median annual property tax in ZIP Code 46051 is $1,240, an effective rate of 0.61% of home value.
Is ZIP Code 46051 expensive to live in?
Homes in ZIP Code 46051 cost about 2.61× the median household income, lower than 67% of U.S. ZIP codes.
What is the average rent in ZIP Code 46051?
The median gross rent in ZIP Code 46051 is $1,285 a month, higher than 68% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 46051?
Home prices in ZIP Code 46051 have moved 54% over the past five years (-11% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 46051?
ZIP Code 46051 has a population of 2,919, about 188.31 people per square mile, per the U.S. Census American Community Survey. The median age is 39.3.
What is the weather like in ZIP Code 46051?
ZIP Code 46051 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 17.6 inches of snow a year.
Is ZIP Code 46051 at risk of flooding or natural disasters?
ZIP Code 46051's FEMA National Risk Index score is 39.1 (lower than 80% 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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