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ZIP Code 46056

Madison, Indiana

ZCTA 46056

Juniper

ZIP Code 46056 is in the lowest 19% nationally for FEMA risk score. It also sits in the lowest 36% nationally for typical home value. And it sits in the highest 39% nationally for home price growth over five years.

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

$282,983

Lower than 64% of U.S. ZIP codes
Home Price Growth, Past Five Years

56%

Higher than 61% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

37.7

Lower than 81% of U.S. ZIP codes

The boundary of ZIP Code 46056, in Madison, Indiana.

The basics

Total Population

2,076

Median Age

44.5

Population Density

84.45

Home values & property tax

Median Property Tax

$1,342

Property Tax Rateyearly tax as a share of home value

0.58%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.17×

Near the U.S. ZIP codes median
Median Income

$72,423

Near the U.S. ZIP codes median
Median Rent

$1,085

Near the U.S. ZIP codes median

Home prices & appreciation

Home Price Growth, Past Year

3.8%

Near the U.S. ZIP codes median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

46%

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

21%

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)

43.6

Annual Snowfall (in)

25.6

Flood & disaster risk

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

37.7

Lower than 81% 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 46056: frequently asked questions

What is the typical home value in ZIP Code 46056?
The estimated median home value in ZIP Code 46056 today is $282,983, lower than 64% of U.S. ZIP codes.
How much is property tax in ZIP Code 46056?
The median annual property tax in ZIP Code 46056 is $1,342, an effective rate of 0.58% of home value.
Is ZIP Code 46056 expensive to live in?
Homes in ZIP Code 46056 cost about 3.17× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 46056?
The median gross rent in ZIP Code 46056 is $1,085 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 46056?
Home prices in ZIP Code 46056 have moved 56% over the past five years (3.8% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 46056?
ZIP Code 46056 has a population of 2,076, about 84.45 people per square mile, per the U.S. Census American Community Survey. The median age is 44.5.
What is the weather like in ZIP Code 46056?
ZIP Code 46056 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 25.6 inches of snow a year.
Is ZIP Code 46056 at risk of flooding or natural disasters?
ZIP Code 46056's FEMA National Risk Index score is 37.7 (lower than 81% 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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