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ZIP Code 47551, IN

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 47551.

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Community Insights

Leading Industries
Retail · Wholesale Trade · Finance & Insurance
25% retail
Home Value Growth⬆⬆⬆
+38.7% over 2 years
Young Adults
30% of residents
slightly above average
Homeowners
89% of occupied units

People & Demographics

Total Population1,118
Households
Under 18
17.0%
Age 18–34
30.0%
Age 35–64
39.0%
Age 65+
13.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$202,850
Median Gross Rent$641/mo
Owner Occupied
89.2%
Renter Occupied
10.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$70,805
Poverty Rate

Key Industries

Healthcare5.0%
Professional Services0.0%
Manufacturing0.0%
Retail25.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
13.0%
Master's or Higher
3.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 47551?

The total population of ZIP code 47551 is approximately 1,118. 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 47551?

The housing market in ZIP code 47551 is predominantly driven by homeowners, with 89% of housing units being owner-occupied and 11% being renter-occupied.

What is the education level of residents in ZIP code 47551?

In ZIP code 47551, approximately 13% of adult residents hold a bachelor's degree or higher. Additionally, 3% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.