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ZIP Code 49023 — undefined, undefined Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income Area

At a glance

Population
1,685
Density
N/A
Median income
$19,183
-74% vs US avg
Home value
$214,000
-39% vs US avg
Median rent
$472
-59% vs US avg
Timezone
N/A

Overview of ZIP Code 49023

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What to know about ZIP 49023

ZIP code 49023 covers ZIP 49023 with a population of about 1,685.

At a glance, the area shows median age of 40.7 versus a U.S. median of about 38.9.

It sits in the SOUTH BEND - ELKHART media market.

Income and economy in ZIP 49023

Median household income in ZIP 49023 is about $19,183 — about 74% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 43.3%; unemployment rate near 10.3%; 6.8% of adults with a bachelor’s degree or higher (about 26.9 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 49023

Median home value is about $214,000 — about 39% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $472 (about 59% below the U.S. median rent ($1,163)), and owner-occupancy near 9.1% (about 56.3 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 49023, a household would need roughly $59,000 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 $1,375. That is about 208% above the local median household income ($19,183), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.