47338, IN Demographics

Population 2,565 · Census ACS 2020–24

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47338, IN map of median age by neighborhood
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Population and households in ZIP 47338

Household size in ZIP 47338

Household size, people per household
PeriodZIP 47338IndianaU.S.
2006–102.662.572.68
2010–142.522.592.73
2015–192.472.572.71
2020–242.262.542.65
Change−0.40−0.03−0.03
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ZIP 47338 is a place of small households, averaging 2.26 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.66, 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 47338

Median age, years
PeriodZIP 47338IndianaU.S.
2006–1039.937.537.7
2010–1444.138.438.6
2015–1942.939.139.6
2020–2444.039.340.1
Change+4.0+1.7+2.3
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ZIP 47338 skews older than the country: its median age is 44.0, against 40.1 nationally.

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 47338

Single-parent households, % of households
PeriodZIP 47338IndianaU.S.
2006–108.3%11.8%12.3%
2010–147.1%12.0%12.3%
2015–199.1%11.6%11.6%
2020–247.5%11.7%11.6%
Change−0.8 pts−0.1 pts−0.6 pts
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Single-parent households are relatively rare in ZIP 47338: 7.5% 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 47338

Renters in ZIP 47338

Renters, % of occupied homes
PeriodZIP 47338IndianaU.S.
2006–1018.2%28.5%33.3%
2010–1418.7%30.5%35.6%
2015–1919.9%30.9%36.0%
2020–2416.4%29.4%34.8%
Change−1.8 pts+1.0 pts+1.5 pts
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Only 16.4% of households in ZIP 47338 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 44.2% have no mortgage at all, 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 47338

Vacant homes, % of all homes
PeriodZIP 47338IndianaU.S.
2006–1012.0%11.2%11.4%
2010–1414.8%11.2%11.4%
2015–1913.8%10.9%11.1%
2020–2414.0%9.3%9.6%
Change+2.0 pts−2.0 pts−1.8 pts
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Vacancy is high in ZIP 47338: 14.0% 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.

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 47338

Age of homes, median year built
PeriodZIP 47338IndianaU.S.
2006–10195819721974
2010–14196019731975
2015–19196019741977
2020–24195919771980
Change+1+5+6
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The housing in ZIP 47338 is old by national standards: the median home dates to 1959, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.

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 47338

Rent, per month
PeriodZIP 47338IndianaU.S.
2006–10$572$763$965
2010–14$729$819$1,040
2015–19$744$903$1,213
2020–24$700$1,146$1,571
Change+$129+$384+$606
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Rent in ZIP 47338 runs $700 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 22.5% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.

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 47338

Bachelor's degrees in ZIP 47338

Bachelor's degrees, % of adults 25+
PeriodZIP 47338IndianaU.S.
2006–1014.7%23.8%28.4%
2010–1416.4%24.6%29.6%
2015–1915.6%27.1%32.1%
2020–2413.7%30.0%35.6%
Change−1.0 pts+6.2 pts+7.2 pts
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College degrees are relatively uncommon in ZIP 47338: 13.7% 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 47338

High school graduates, % of adults 25+
PeriodZIP 47338IndianaU.S.
2006–1086.1%86.5%84.9%
2010–1490.8%87.7%86.1%
2015–1992.9%88.7%87.7%
2020–2491.6%89.9%89.3%
Change+5.6 pts+3.4 pts+4.3 pts
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High school completion in ZIP 47338 is a bit above the national rate: 91.6% of adults have a diploma or equivalent, against 89.3%.

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 47338

Unemployment, % of the labor force
PeriodZIP 47338IndianaU.S.
2006–107.1%8.4%8.1%
2010–148.5%8.9%9.4%
2015–196.2%4.9%5.6%
2020–246.1%4.3%5.4%
Change−1.0 pts−4.1 pts−2.7 pts
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Jobs have been a little harder to find in ZIP 47338 than nationally: unemployment was 6.1%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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 47338 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 473382.2644.07.5%16.4%14.0%1959$70013.7%91.6%6.1%
ZIP 473202.3446.512.1%14.9%14.1%1966$82817.1%94.2%1.6%
ZIP 473362.3246.211.7%22.6%13.0%1962$7829.0%90.4%6.5%
ZIP 473482.2344.610.5%27.2%10.3%1957$78715.9%90.4%4.2%
ZIP 473422.6938.14.3%17.0%8.0%1974$1,07917.5%92.6%5.9%
ZIP 473032.4332.119.1%44.0%13.8%1968$96428.8%89.2%9.1%
ZIP 469572.0850.68.1%14.4%10.7%1965$8677.6%95.2%2.6%
ZIP 473042.1339.26.6%33.5%8.6%1976$1,01646.5%94.3%3.7%
ZIP 473732.6835.920.2%20.5%12.4%1958$88213.1%91.7%4.0%
ZIP 469892.6828.19.5%21.3%9.8%1976$88853.4%94.9%2.4%
ZIP 469302.4847.712.2%7.0%12.7%1971$79323.9%91.9%5.4%

All figures 2020–24.

Zip codes with similar populations: 03285, NH · 30293, GA · 29547, SC · 27054, NC · 27024, NC · 26184, WV · 23062, VA · 17981, PA · 16421, PA · 16327, PA

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 47338. 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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