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ZIP Code 46157

Morgan, Indiana

FIPS 46157

Juniper

ZIP Code 46157 is in the top 9% nationally for appreciation 1yr %. It also sits in the top 18% nationally for HPI growth 5yr %.

Median Home Value

$234,100

Higher than 58% of U.S. ZIP codes

HPI Growth 5yr %

57%

Higher than 82% of U.S. ZIP codes

FEMA Risk Score

62.2

Near the U.S. ZIP codes median

The basics

Total Population

4,558

Median Age

34.4

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$234,100

Higher than 58%

Median Property Tax

$1,178

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.71

Lower than 57%

Median Rent

$821

Lower than 57%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

57%

Higher than 82%

Appreciation 1yr %

7.8%

Higher than 91%

Pandemic Gain %

59%

Recession Drop %

-11%

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)

44.8

Annual Snowfall (in)

16.7

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

62.2

Near median

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 46157: frequently asked questions

What is the median home value in ZIP Code 46157?
The median home value in ZIP Code 46157 is $234,100, higher than 58% of U.S. ZIP codes.
How much is property tax in ZIP Code 46157?
The median annual property tax in ZIP Code 46157 is $1,178, an effective rate of 1% of home value.
Is ZIP Code 46157 expensive to live in?
Homes in ZIP Code 46157 cost about 2.71× the median household income, lower than 57% of U.S. ZIP codes.
What is the average rent in ZIP Code 46157?
The median gross rent in ZIP Code 46157 is $821 a month, lower than 57% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 46157?
Home prices in ZIP Code 46157 have moved 57% over the past five years (7.8% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 46157?
ZIP Code 46157 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 46157 at risk of flooding or natural disasters?
ZIP Code 46157's FEMA National Risk Index score is 62.2 (near the U.S. ZIP codes median). 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 →