ZIP Code 46383 — Valparaiso city, IN Demographics & Data

ZIP code 46383 covers Valparaiso, IN in Porter County with a population of about 42,464.

At a glance, the area shows median age of 37.9 (near the U.S. median).

It sits in telephone area code 219; U.S. House district IN-1; the CHICAGO media market.

Valparaiso, IN sits in a university / college context (near valparaiso university (1.7 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 46383 is about $75,575 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.6%; unemployment rate near 3.7%; 38.0% of adults with a bachelor’s degree or higher (about 4.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Education; about 8.8% of workers reporting work-from-home (about 6.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $258,400 — about 26% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $986 (about 15% below the U.S. median rent ($1,163)), and owner-occupancy near 66.0% (roughly in line with the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46383 in Valparaiso, IN, a household would need roughly $71,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,660. That is roughly in line with the local median household income ($75,575). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Valparaiso city, IN as Relatively Moderate (composite score 81.4), which is elevated versus much of the country. The strongest component scores on US5 are flood (80.0) and wildfire (60.5). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Valparaiso city, IN show little to no average snow and around 33.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,952 for ZIP 46383 (Valparaiso city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.