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ZIP Code 47116, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 47116.

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Community Insights

Affordable Market
$114k median home
lower cost than 90% of the country
Leading Industries
Manufacturing · Retail · Information & Media
5% manufacturing
Home Value Growth⬆⬆
+17.8% over 2 years
Family-Friendly
26% of residents
above average nationally
Homeowners
85% of occupied units

People & Demographics

Total Population1,126
Households—
Under 18
26.0%
Age 18–34
20.0%
Age 35–64
35.0%
Age 65+
19.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$114,200
Median Gross Rent$545/mo
Owner Occupied
84.6%
Renter Occupied
15.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$47,083
Poverty Rate—

Key Industries

Healthcare3.0%
Professional Services1.0%
Manufacturing5.0%
Retail21.0%
Education2.0%

Amenities & Transit

Transit Score—
Walkability / Amenities—
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
12.0%
Master's or Higher
2.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 47116?›

The total population of ZIP code 47116 is approximately 1,126. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 47116?›

The housing market in ZIP code 47116 is predominantly driven by homeowners, with 85% of housing units being owner-occupied and 15% being renter-occupied.

What is the education level of residents in ZIP code 47116?›

In ZIP code 47116, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 2% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.