Elkhart (46516) in Indiana Real Estate, Demographics, Mortgage and Jobs

USA	Indiana	Elkhart Indiana

Elkhart, IN 46516

Elkhart (46516) has an estimated 33,501 residents with 33,128 of those people in approximately 12,113 housing units. The 46516 zipcode contains 5,437 housing units that are owned with a mortgage or a loan, 1,736 housing units that are owned free and clear and 4,940 housing units that are renter occupied.

In 2018 the average percentage drop was 4.50% of original listing price.

Zip code 46516 is in the Elkhart-Goshen metropolitan area.
The median estimated home value in Elkhart, IN (46516) is $98,800 as of 2018-10-31

In Elkhart, IN (46516), values have dereased by -0.02 from when they peaked at $100,500 in 2008-Q2

The Zillow Market Health Index for Elkhart, IN (46516) is 1.46. The corresponding state value is 3.14. This is significantly lower than the overall Market Health Index of Indiana.
Metro value is 8.35.
This is significantly lower than the overall Market Health Index of Elkhart-Goshen.

Demographics of Elkhart zipcode 46516
The median age here is 33.10. This age is 87.1% the national median age.
This population is younger than the national average.
The number of male residents is 16,537 with a median age of 32.50 years. The number of female residents is 16,964 with a median age of 33.80 years. This yields a ♂ to ♀ ratio of 0.97
The average household is 2.73 persons and has an income of $48,462.
The average family size in Elkhart is 3.30.
Area Code: 574
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 859
Employment: 17,056
Medicare Area: Elkhart-Goshen, IN
County: ELKHART

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