Population 3,278 · Census ACS 2020–24
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Population and households in ZIP 47118
Household size in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.52 | 2.57 | 2.68 |
| 2010–14 | 2.45 | 2.59 | 2.73 |
| 2015–19 | 2.60 | 2.57 | 2.71 |
| 2020–24 | 2.39 | 2.54 | 2.65 |
| Change | −0.13 | −0.03 | −0.03 |
Households in ZIP 47118 are small: just 2.39 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.52 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 40.5 | 37.5 | 37.7 |
| 2010–14 | 43.2 | 38.4 | 38.6 |
| 2015–19 | 44.4 | 39.1 | 39.6 |
| 2020–24 | 43.5 | 39.3 | 40.1 |
| Change | +3.0 | +1.7 | +2.3 |
The median resident of ZIP 47118 is 43.5 years old, older than the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.8% | 11.8% | 12.3% |
| 2010–14 | 10.8% | 12.0% | 12.3% |
| 2015–19 | 8.2% | 11.6% | 11.6% |
| 2020–24 | 5.4% | 11.7% | 11.6% |
| Change | −5.4 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 47118: 5.4% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 47118
Renters in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 14.8% | 28.5% | 33.3% |
| 2010–14 | 17.5% | 30.5% | 35.6% |
| 2015–19 | 17.4% | 30.9% | 36.0% |
| 2020–24 | 11.8% | 29.4% | 34.8% |
| Change | −2.9 pts | +1.0 pts | +1.5 pts |
Only 11.8% of households in ZIP 47118 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over half of owners (52.1%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 18.7% | 11.2% | 11.4% |
| 2010–14 | 14.3% | 11.2% | 11.4% |
| 2015–19 | 20.6% | 10.9% | 11.1% |
| 2020–24 | 15.0% | 9.3% | 9.6% |
| Change | −3.6 pts | −2.0 pts | −1.8 pts |
Vacant homes make up 15.0% of the housing in ZIP 47118, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1983 | 1972 | 1974 |
| 2010–14 | 1985 | 1973 | 1975 |
| 2015–19 | 1985 | 1974 | 1977 |
| 2020–24 | 1985 | 1977 | 1980 |
| Change | +3 | +5 | +6 |
Homes in ZIP 47118 are a bit newer than the national norm: the median home was built in 1985, versus 1980 across the U.S.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $406 | $763 | $965 |
| 2010–14 | $432 | $819 | $1,040 |
| 2015–19 | $535 | $903 | $1,213 |
| 2020–24 | $676 | $1,146 | $1,571 |
| Change | +$269 | +$384 | +$606 |
A typical rental in ZIP 47118 costs $676 a month with utilities, well below the national median of $1,571. Rent takes 32.4% of the typical renter's income, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 47118
Bachelor's degrees in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 14.8% | 23.8% | 28.4% |
| 2010–14 | 13.2% | 24.6% | 29.6% |
| 2015–19 | 13.2% | 27.1% | 32.1% |
| 2020–24 | 14.5% | 30.0% | 35.6% |
| Change | −0.3 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 47118: 14.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 82.0% | 86.5% | 84.9% |
| 2010–14 | 82.4% | 87.7% | 86.1% |
| 2015–19 | 76.3% | 88.7% | 87.7% |
| 2020–24 | 83.3% | 89.9% | 89.3% |
| Change | +1.3 pts | +3.4 pts | +4.3 pts |
About one in six adults in ZIP 47118 never finished high school, well above the national share: only 83.3% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 47118
| Period | ZIP 47118 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.0% | 8.4% | 8.1% |
| 2010–14 | 7.2% | 8.9% | 9.4% |
| 2015–19 | 2.7% | 4.9% | 5.6% |
| 2020–24 | 5.4% | 4.3% | 5.4% |
| Change | −4.6 pts | −4.1 pts | −2.7 pts |
At 5.4%, unemployment in ZIP 47118 is the same as the national rate. The rate is higher than in Indiana as a whole (4.3%). Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 47118 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 47118 | 2.39 | 43.5 | 5.4% | 11.8% | 15.0% | 1985 | $676 | 14.5% | 83.3% | 5.4% |
| ZIP 47123 | 2.40 | 42.8 | 5.8% | 13.4% | 12.2% | 1984 | $656 | 12.3% | 83.1% | 4.9% |
| ZIP 47174 | 2.11 | 57.1 | 5.1% | 6.0% | 11.2% | 1989 | $756 | 7.7% | 87.1% | 0.0% |
| ZIP 47175 | 2.40 | 46.4 | 9.2% | 17.8% | 48.0% | 1986 | $559 | 14.8% | 85.9% | 0.4% |
| ZIP 47140 | 2.35 | 41.4 | 9.3% | 27.0% | 12.9% | 1979 | $837 | 8.9% | 87.8% | 3.0% |
| ZIP 47116 | 2.23 | 51.4 | 6.7% | 20.3% | 43.9% | 1989 | $538 | 14.1% | 88.5% | 0.8% |
| ZIP 47145 | 2.09 | 47.0 | 3.9% | 19.6% | 13.9% | 1979 | $739 | 10.5% | 84.4% | 4.4% |
| ZIP 47513 | 2.36 | 46.7 | 11.1% | 14.5% | 17.4% | 1986 | $790 | 16.5% | 90.8% | 1.1% |
| ZIP 47115 | 2.55 | 48.8 | 4.1% | 14.9% | 8.7% | 1978 | $786 | 25.3% | 89.7% | 7.3% |
| ZIP 47125 | 2.72 | 37.0 | 9.8% | 13.0% | 14.7% | 1991 | $1,049 | 11.9% | 89.6% | 1.3% |
| ZIP 47521 | 2.63 | 44.4 | 4.8% | 0.6% | 3.1% | 1978 | $953 | 27.3% | 97.0% | 0.1% |
All figures 2020–24.
Zip codes with similar populations: 29047, SC · 08097, NJ · 15846, PA · 79235, TX · 55705, MN · 65013, MO · 49650, MI · 35143, AL · 95442, CA · 62417, IL
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 47118. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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