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ZIP Code 46151

Morgan, Indiana

FIPS 46151

Juniper

ZIP Code 46151 is in the top 17% nationally for appreciation 1yr %. It also sits in the top 20% nationally for HPI growth 5yr %. And it sits in the top 39% nationally for FEMA risk score.

Median Home Value

$242,200

Higher than 59% of U.S. ZIP codes

HPI Growth 5yr %

55%

Higher than 80% of U.S. ZIP codes

FEMA Risk Score

56.2

Lower than 61% of U.S. ZIP codes

The basics

Total Population

32,446

Median Age

42

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$242,200

Higher than 59%

Median Property Tax

$1,174

Effective Tax Rate

0%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

3.07

Near median

Median Rent

$1,006

Higher than 60%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

55%

Higher than 80%

Appreciation 1yr %

4.8%

Higher than 83%

Pandemic Gain %

48%

Recession Drop %

-5.7%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

82.6

Winter Avg Low (°F)

21.4

Avg Temperature (°F)

51.7

Hot Days/yr (>90°F)

12.1

Freezing Days/yr (<32°F)

126.7

Annual Precipitation (in)

45.5

Annual Snowfall (in)

16.7

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

56.2

Lower than 61%

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 46151: frequently asked questions

What is the median home value in ZIP Code 46151?
The median home value in ZIP Code 46151 is $242,200, higher than 59% of U.S. ZIP codes.
How much is property tax in ZIP Code 46151?
The median annual property tax in ZIP Code 46151 is $1,174, an effective rate of 0% of home value.
Is ZIP Code 46151 expensive to live in?
Homes in ZIP Code 46151 cost about 3.07× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 46151?
The median gross rent in ZIP Code 46151 is $1,006 a month, higher than 60% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 46151?
Home prices in ZIP Code 46151 have moved 55% over the past five years (4.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 46151?
ZIP Code 46151 averages 51.7°F year-round, summer highs near 82.6°F, winter lows around 21.4°F (NOAA 1991–2020 normals). It sees about 16.7 inches of snow a year.
Is ZIP Code 46151 at risk of flooding or natural disasters?
ZIP Code 46151's FEMA National Risk Index score is 56.2 (lower than 61% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

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