America.co

Census ZIP area · Census 2020–2024

Median rent and rent burden in ZIP area 46016

Median monthly gross rent
$870
± $36 margin
Rent burden · 30% or more
52.6%
± 5.4 percentage points
Severe burden · 50% or more
30.4%
± 3.9 percentage points

Burden figures cover an estimated 3,929 renter households with a computed rent-to-income ratio.

How much income would keep this rent at 30%?

The area’s median gross rent would equal 30% of an annual household income of $34,800. The calculation multiplies monthly rent by 12 and divides by 0.30.

Compare nearby ZIP areas

Among the published ZIP areas within 35 miles, the closest one with a lower, non-overlapping rent range was ZIP area 47305, 17 miles away. Its estimated median gross rent was $116 lower per month. That difference compares survey estimates for the same period.

Nearby survey estimates
AreaMiles awayMedian gross rent ± marginRent burdenSevere burden
ZIP area 460133.2$916 ± $4442.5%21.2%
ZIP area 460174.4$980 ± $10346%24.4%
ZIP area 460124.5$1,032 ± $8159.3%36.4%
ZIP area 4730517$754 ± $7951.1%31.6%

Compare with broader areas

Same-period Census estimates
AreaMedian gross rent ± marginRent burdenSevere burden
ZIP area 46016$870 ± $3652.6%30.4%
United States$1,413 ± $251.1%25.9%

Data and definitions

How to read the estimates

The Census Bureau’s 2020–2024 American Community Survey five-year release provides these survey estimates. America.co matched Census rent tables by geography ID and used the Gazetteer’s representative points to calculate straight-line distance.

B25064 for this geography · B25070 for this geography · ACS downloads · Census Gazetteer · Census definitions · Margin-of-error methods · Download the comparison data