ZIP Code 46941 -- Lagro, IN

Wabash | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.6x, housing here is relatively affordable compared to the recommended 3-5x benchmark.
  • 87.13% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
962
Unknown
Median Income
$66,993
Home Value
$171,400
Median Rent
$946
Median Age
48.10
Diversity Index
8.80
Very Low
Cost of Living
68.3
significantly below average
Unemployment
8.5%

About ZIP Code 46941

ZIP code 46941 in Lagro, Indiana is a unknown area with a population of 962. The median household income is $66,993, which is This is 11% below the national median of $75,000.. The median home value is $171,400, representing a price-to-income ratio of 2.6x . The cost of living is significantly below average with an index of 68.3 (the national average is 100). Residents have a median age of 48.10 years. Approximately 22.4% of adults hold a bachelor's degree or higher. This ZIP code is located in Wabash, IN.

Population & Age

Total Population
962
Median Age
48.10
Male Population
488
50.7%
Female Population
474
49.3%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
8.80 Very Low
White
95.4%
Black or African American
0.0%
Hispanic or Latino
0.0%
Asian
0.2%
Native American
1.7%
Pacific Islander
0.0%
Two or More Races
2.7%
Other Race
0.0%

Racial Composition

Income & Economy

Median Household Income
$66,993
Mean Household Income
$86,357
Per Capita Income
$33,887
Below Poverty Line
3.4%

This is 11% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$171,400
Median Rent
$946
Total Housing Units
458
Occupied Units
373
Vacant Units
85
18.6% vacancy
Median Year Built
1983
Owner Occupied
87.1%
Renter Occupied
12.9%
Price-to-Income Ratio 2.6x

Affordable housing market

Ownership vs Rental

Owner 87.1% Renter 12.9%

Education

High School Diploma or Higher 80.6%
Bachelor's Degree or Higher 22.4%
Graduate or Professional Degree 7.5%

Employment & Commuting

Civilian Labor Force
410
Employment Rate
91.5%
Unemployment Rate
8.5%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
86.2%
Carpool
6.3%
Public Transit
0.0%
Work from Home
5.2%

Cost of Living Index

68.3
significantly below average

The cost of living in ZIP code 46941 is 31.7% below the national average of 100.

0 National Avg (100) 200

Compare 46941 with:

Compare 46941 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Wabash

ZIP Code City Population Median Income
46992 Wabash 16,438 $66,220
46962 North manchester 8,785 $67,984
46940 La fontaine 2,540 $64,089
46974 Roann 1,586 $61,528
46990 Urbana 633 $78,875
46943 Laketon 150 $33,750

Frequently Asked Questions about ZIP Code 46941

ZIP code 46941 (Lagro, IN) has a total population of 962 according to the 2024 American Community Survey. The median age is 48.10 years.

The median household income in ZIP code 46941 is $66,993 per year, based on 2024 Census Bureau data. This is 11% below the national median of $75,000.

ZIP code 46941 is primarily located in Lagro, Indiana (IN). It falls within Wabash County.

The median home value in ZIP code 46941 is $171,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $946.

The median age in ZIP code 46941 is 48.10 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 46941 has a cost of living index of 68.26 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 46941, 22.39% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 7.46% hold a graduate or professional degree.

The unemployment rate in ZIP code 46941 is 8.54%, which is above the national average of 3.6%. About 5.23% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.