Population 178 · Census ACS 2020–24
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Population and households in ZIP 47123
Household size in ZIP 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.47 | 2.57 | 2.68 |
| 2010–14 | 2.44 | 2.59 | 2.73 |
| 2015–19 | 2.61 | 2.57 | 2.71 |
| 2020–24 | 2.40 | 2.54 | 2.65 |
| Change | −0.06 | −0.03 | −0.03 |
The average household in ZIP 47123 has 2.40 people, under the U.S. average of 2.65.
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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 40.4 | 37.5 | 37.7 |
| 2010–14 | 43.4 | 38.4 | 38.6 |
| 2015–19 | 44.5 | 39.1 | 39.6 |
| 2020–24 | 42.8 | 39.3 | 40.1 |
| Change | +2.4 | +1.7 | +2.3 |
The median resident of ZIP 47123 is 42.8 years old, a bit older than the national median of 40.1. Since 2006–10, the median age has climbed from 40.4, but in a place this small, survey estimates can swing a lot from one release to the next.
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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.1% | 11.8% | 12.3% |
| 2010–14 | 11.9% | 12.0% | 12.3% |
| 2015–19 | 8.7% | 11.6% | 11.6% |
| 2020–24 | 5.8% | 11.7% | 11.6% |
| Change | −5.3 pts | −0.1 pts | −0.6 pts |
Single parents head only 5.8% of households in ZIP 47123, well below the national share of 11.6%.
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 47123
Renters in ZIP 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 15.9% | 28.5% | 33.3% |
| 2010–14 | 19.3% | 30.5% | 35.6% |
| 2015–19 | 19.5% | 30.9% | 36.0% |
| 2020–24 | 13.4% | 29.4% | 34.8% |
| Change | −2.5 pts | +1.0 pts | +1.5 pts |
ZIP 47123 is overwhelmingly a place of homeowners: only 13.4% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. More than half of owners (54.0%) 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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 20.6% | 11.2% | 11.4% |
| 2010–14 | 13.8% | 11.2% | 11.4% |
| 2015–19 | 21.5% | 10.9% | 11.1% |
| 2020–24 | 12.2% | 9.3% | 9.6% |
| Change | −8.4 pts | −2.0 pts | −1.8 pts |
A few more homes sit empty in ZIP 47123 than nationally: 12.2%, against 9.6%. The count includes vacation homes and homes between owners or tenants, not just abandoned ones.
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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1983 | 1972 | 1974 |
| 2010–14 | 1986 | 1973 | 1975 |
| 2015–19 | 1984 | 1974 | 1977 |
| 2020–24 | 1984 | 1977 | 1980 |
| Change | +1 | +5 | +6 |
The housing in ZIP 47123 is a little younger than the country's: half of it was built after 1984, against 1980 nationally.
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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $371 | $763 | $965 |
| 2010–14 | $420 | $819 | $1,040 |
| 2015–19 | $497 | $903 | $1,213 |
| 2020–24 | $656 | $1,146 | $1,571 |
| Change | +$285 | +$384 | +$606 |
The median renter in ZIP 47123 pays $656 a month for rent and utilities, well below the national median of $1,571. Rent takes 30.6% 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 47123
Bachelor's degrees in ZIP 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 16.4% | 23.8% | 28.4% |
| 2010–14 | 13.2% | 24.6% | 29.6% |
| 2015–19 | 12.4% | 27.1% | 32.1% |
| 2020–24 | 12.3% | 30.0% | 35.6% |
| Change | −4.1 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 47123: 12.3% 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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 82.5% | 86.5% | 84.9% |
| 2010–14 | 81.2% | 87.7% | 86.1% |
| 2015–19 | 72.6% | 88.7% | 87.7% |
| 2020–24 | 83.1% | 89.9% | 89.3% |
| Change | +0.6 pts | +3.4 pts | +4.3 pts |
About one in six adults in ZIP 47123 never finished high school, well above the national share: only 83.1% 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 47123
| Period | ZIP 47123 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.6% | 8.4% | 8.1% |
| 2010–14 | 6.5% | 8.9% | 9.4% |
| 2015–19 | 2.2% | 4.9% | 5.6% |
| 2020–24 | 4.9% | 4.3% | 5.4% |
| Change | −4.7 pts | −4.1 pts | −2.7 pts |
At 4.9%, unemployment in ZIP 47123 is close to the national rate of 5.4%. 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 47123 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 47123 | 2.40 | 42.8 | 5.8% | 13.4% | 12.2% | 1984 | $656 | 12.3% | 83.1% | 4.9% |
| ZIP 47118 | 2.39 | 43.5 | 5.4% | 11.8% | 15.0% | 1985 | $676 | 14.5% | 83.3% | 5.4% |
| 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 47137 | 2.34 | 46.4 | 5.3% | 14.4% | 20.5% | 1985 | $742 | 11.3% | 87.3% | 4.8% |
| ZIP 47116 | 2.23 | 51.4 | 6.7% | 20.3% | 43.9% | 1989 | $538 | 14.1% | 88.5% | 0.8% |
| ZIP 47140 | 2.35 | 41.4 | 9.3% | 27.0% | 12.9% | 1979 | $837 | 8.9% | 87.8% | 3.0% |
| ZIP 47576 | 2.76 | 34.6 | 1.3% | 1.6% | 27.3% | 1997 | $634 | 24.6% | 87.4% | 4.0% |
| ZIP 47145 | 2.09 | 47.0 | 3.9% | 19.6% | 13.9% | 1979 | $739 | 10.5% | 84.4% | 4.4% |
| ZIP 47514 | 2.49 | 41.8 | 3.7% | 8.5% | 12.8% | 2000 | $634 | 20.6% | 88.8% | 4.5% |
| ZIP 47551 | 2.31 | 51.2 | 2.7% | 15.0% | 15.3% | 1992 | $634 | 16.2% | 91.5% | 1.5% |
All figures 2020–24.
Zip codes with similar populations: 99776, AK · 80755, CO · 82215, WY · 79755, TX · 82512, WY · 45893, OH · 13859, NY · 13633, NY · 13415, NY · 13404, NY
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 47123. 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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