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ZIP Code 47307, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 47307.

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Community Insights

Affordable Market
$51k median home
lower cost than 100% of the country
Leading Industries
Construction · Education
4% construction
Home Value Growth⬆⬆
+14.9% over 2 years
Family-Friendly
32% of residents
top 2% nationally
Renters
54% of occupied units

People & Demographics

Total Population2,275
Households
Under 18
32.0%
Age 18–34
31.0%
Age 35–64
26.0%
Age 65+
11.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$50,500
Median Gross Rent$848/mo
Owner Occupied
45.9%
Renter Occupied
54.1%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$48,822
Poverty Rate

Key Industries

Healthcare4.0%
Professional Services0.0%
Manufacturing0.0%
Retail11.0%
Education2.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
7.0%
Master's or Higher
1.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 47307?

The total population of ZIP code 47307 is approximately 2,275. The community has a large population of children and families. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 47307?

The housing market in ZIP code 47307 is predominantly driven by renters, with 46% of housing units being owner-occupied and 54% being renter-occupied.

What is the education level of residents in ZIP code 47307?

In ZIP code 47307, approximately 7% of adult residents hold a bachelor's degree or higher. Additionally, 1% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.