Population 27,018 · Census ACS 2020–24
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Population and households in ZIP 47303
Household size in ZIP 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.30 | 2.57 | 2.68 |
| 2010–14 | 2.32 | 2.59 | 2.73 |
| 2015–19 | 2.34 | 2.57 | 2.71 |
| 2020–24 | 2.43 | 2.54 | 2.65 |
| Change | +0.13 | −0.03 | −0.03 |
Households in ZIP 47303 run small, averaging 2.43 people against 2.65 nationally, which usually means more singles and couples and fewer children. Household size has climbed from 2.30 in 2006–10, even as the national average fell. Households are largest in the northwest and smallest in the center.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 32.7 | 37.5 | 37.7 |
| 2010–14 | 33.2 | 38.4 | 38.6 |
| 2015–19 | 35.0 | 39.1 | 39.6 |
| 2020–24 | 32.1 | 39.3 | 40.1 |
| Change | −0.6 | +1.7 | +2.3 |
With a median age of just 32.1, ZIP 47303 is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples. The median age has edged down from 32.7 in 2006–10, even as the national median rose. Of the 301 Indiana ZIP codes with 5,000+ people, only 20 are younger.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.3% | 11.8% | 12.3% |
| 2010–14 | 11.8% | 12.0% | 12.3% |
| 2015–19 | 13.1% | 11.6% | 11.6% |
| 2020–24 | 19.1% | 11.7% | 11.6% |
| Change | +7.8 pts | −0.1 pts | −0.6 pts |
Single-parent households are common in ZIP 47303: 19.1% of all households, against 11.6% nationally. The single-parent share has risen 7.8 points since 2006–10, even as the national share fell. Only 25 of the 301 Indiana ZIP codes with 5,000+ people have a higher share of single-parent households.
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 47303
Renters in ZIP 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 46.1% | 28.5% | 33.3% |
| 2010–14 | 48.2% | 30.5% | 35.6% |
| 2015–19 | 51.7% | 30.9% | 36.0% |
| 2020–24 | 44.0% | 29.4% | 34.8% |
| Change | −2.1 pts | +1.0 pts | +1.5 pts |
Renting is more common in ZIP 47303 than nationally: 44.0% of households rent their homes, against 34.8% for the U.S. Among owners, 46.0% have paid off their mortgages, above the national share of 39.8%. Rentals cluster in the southwest; owners are most common in the northeast. The renter share is down 2.1 points from 2006–10, even as the national share rose.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.6% | 11.2% | 11.4% |
| 2010–14 | 23.6% | 11.2% | 11.4% |
| 2015–19 | 19.3% | 10.9% | 11.1% |
| 2020–24 | 13.8% | 9.3% | 9.6% |
| Change | +0.2 pts | −2.0 pts | −1.8 pts |
Vacancy is high in ZIP 47303: 13.8% of homes are empty, 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. ZIP 47303 has a higher vacancy rate than at least four in five Indiana ZIP codes.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1964 | 1972 | 1974 |
| 2010–14 | 1964 | 1973 | 1975 |
| 2015–19 | 1965 | 1974 | 1977 |
| 2020–24 | 1968 | 1977 | 1980 |
| Change | +4 | +5 | +6 |
ZIP 47303 is a place of older homes: half were built before 1968, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. The median year built has moved up from 1964 in 2006–10, a sign of steady new building. The newest homes are mostly in the northeast, the oldest in the southeast.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $642 | $763 | $965 |
| 2010–14 | $730 | $819 | $1,040 |
| 2015–19 | $737 | $903 | $1,213 |
| 2020–24 | $964 | $1,146 | $1,571 |
| Change | +$322 | +$384 | +$606 |
The median renter in ZIP 47303 pays $964 a month for rent and utilities, well below the national median of $1,571. Rents are up $322 a month from 2006–10, a 50% rise, a slower climb than the nation's. The typical renter here spends 31.8% of household income on rent, 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 47303
Bachelor's degrees in ZIP 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 27.3% | 23.8% | 28.4% |
| 2010–14 | 27.0% | 24.6% | 29.6% |
| 2015–19 | 22.8% | 27.1% | 32.1% |
| 2020–24 | 28.8% | 30.0% | 35.6% |
| Change | +1.4 pts | +6.2 pts | +7.2 pts |
Nearly three in ten adults 25 and older in ZIP 47303 (28.8%) have a bachelor's degree or higher, below the national share of 35.6%. The share with a degree is up 1.4 points from 2006–10, a smaller shift than nationally. College graduates are most concentrated in the southwest and least in the southeast.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 86.9% | 86.5% | 84.9% |
| 2010–14 | 86.9% | 87.7% | 86.1% |
| 2015–19 | 86.6% | 88.7% | 87.7% |
| 2020–24 | 89.2% | 89.9% | 89.3% |
| Change | +2.4 pts | +3.4 pts | +4.3 pts |
About as many adults in ZIP 47303 have finished high school as nationally: 89.2%, against 89.3%. The share with a diploma is up 2.4 points from 2006–10, mirroring the country.
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 47303
| Period | ZIP 47303 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.7% | 8.4% | 8.1% |
| 2010–14 | 14.0% | 8.9% | 9.4% |
| 2015–19 | 7.3% | 4.9% | 5.6% |
| 2020–24 | 9.1% | 4.3% | 5.4% |
| Change | −4.6 pts | −4.1 pts | −2.7 pts |
Unemployment in ZIP 47303 runs well above the national rate: 9.1% of the labor force was out of work and looking, against 5.4%. Of the 301 Indiana ZIP codes with 5,000+ people, only 17 have higher unemployment. Unemployment has fallen 4.6 points since 2006–10, as it has nationally.
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 47303 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 47303 | 2.43 | 32.1 | 19.1% | 44.0% | 13.8% | 1968 | $964 | 28.8% | 89.2% | 9.1% |
| ZIP 47305 | 1.80 | 42.9 | 10.3% | 66.0% | 18.2% | 1945 | $793 | 19.7% | 82.9% | 6.4% |
| ZIP 47304 | 2.13 | 39.2 | 6.6% | 33.5% | 8.6% | 1976 | $1,016 | 46.5% | 94.3% | 3.7% |
| ZIP 47302 | 2.33 | 40.0 | 18.0% | 34.8% | 13.8% | 1958 | $914 | 12.1% | 85.2% | 7.1% |
| ZIP 47396 | 2.53 | 40.3 | 13.3% | 13.6% | 7.7% | 1972 | $910 | 31.1% | 96.3% | 1.9% |
| ZIP 47383 | 2.26 | 46.2 | 18.5% | 17.5% | 2.0% | 1973 | $911 | 15.7% | 88.9% | 3.1% |
| ZIP 47338 | 2.26 | 44.0 | 7.5% | 16.4% | 14.0% | 1959 | $700 | 13.7% | 91.6% | 6.1% |
| ZIP 47320 | 2.34 | 46.5 | 12.1% | 14.9% | 14.1% | 1966 | $828 | 17.1% | 94.2% | 1.6% |
| ZIP 47342 | 2.69 | 38.1 | 4.3% | 17.0% | 8.0% | 1974 | $1,079 | 17.5% | 92.6% | 5.9% |
| ZIP 47368 | 2.49 | 39.7 | 17.8% | 20.4% | 7.9% | 1967 | $812 | 17.3% | 94.8% | 4.7% |
| ZIP 47334 | 2.46 | 42.2 | 11.8% | 19.8% | 6.6% | 1967 | $923 | 27.4% | 95.8% | 2.8% |
All figures 2020–24.
Zip codes with similar populations: 83814, ID · 39466, MS · 45042, OH · 46304, IN · 47203, IN · 01824, MA · 53406, WI · 80033, CO · 80109, CO · 48209, MI
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 47303. 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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