Population 34,164 · Census ACS 2020–24
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Population and households in ZIP 47403
Household size in ZIP 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.34 | 2.57 | 2.68 |
| 2010–14 | 2.39 | 2.59 | 2.73 |
| 2015–19 | 2.39 | 2.57 | 2.71 |
| 2020–24 | 2.26 | 2.54 | 2.65 |
| Change | −0.08 | −0.03 | −0.03 |
Households in ZIP 47403 are small: just 2.26 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 edged down from 2.34 in 2006–10, mirroring the country. Only 28 of the 301 Indiana ZIP codes with 5,000+ people have smaller households.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 34.0 | 37.5 | 37.7 |
| 2010–14 | 35.5 | 38.4 | 38.6 |
| 2015–19 | 35.7 | 39.1 | 39.6 |
| 2020–24 | 36.1 | 39.3 | 40.1 |
| Change | +2.1 | +1.7 | +2.3 |
The median resident of ZIP 47403 is 36.1 years old, a few years younger than the national median of 40.1. The median age has climbed from 34.0 in 2006–10, mirroring the country. ZIP 47403 is younger than the great majority of Indiana ZIP codes.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.3% | 11.8% | 12.3% |
| 2010–14 | 12.8% | 12.0% | 12.3% |
| 2015–19 | 9.0% | 11.6% | 11.6% |
| 2020–24 | 11.9% | 11.7% | 11.6% |
| Change | +1.6 pts | −0.1 pts | −0.6 pts |
Single-parent households are about as common in ZIP 47403 as they are nationally: 11.9%, against 11.6%. The single-parent share has risen 1.6 points since 2006–10, even as the national share fell.
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 47403
Renters in ZIP 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 39.6% | 28.5% | 33.3% |
| 2010–14 | 41.9% | 30.5% | 35.6% |
| 2015–19 | 43.3% | 30.9% | 36.0% |
| 2020–24 | 46.2% | 29.4% | 34.8% |
| Change | +6.5 pts | +1.0 pts | +1.5 pts |
Renting is far more common in ZIP 47403 than nationally: 46.2% of households rent their homes, against 34.8%. Just over a third of owners (35.4%) have paid off their mortgages, below the national share of 39.8%. Renting is most common in the north and least common in the southwest. The renter share is up 6.5 points from 2006–10, a much bigger shift than nationally.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.0% | 11.2% | 11.4% |
| 2010–14 | 8.7% | 11.2% | 11.4% |
| 2015–19 | 7.6% | 10.9% | 11.1% |
| 2020–24 | 7.5% | 9.3% | 9.6% |
| Change | −4.5 pts | −2.0 pts | −1.8 pts |
Vacancy is on the low side in ZIP 47403: 7.5% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. Vacancy is down 4.5 points from 2006–10, as it has nationally.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1983 | 1972 | 1974 |
| 2010–14 | 1985 | 1973 | 1975 |
| 2015–19 | 1987 | 1974 | 1977 |
| 2020–24 | 1986 | 1977 | 1980 |
| Change | +3 | +5 | +6 |
Homes in ZIP 47403 are newer than the national norm: the median home was built in 1986, versus 1980 across the U.S. The median year built has moved up from 1983 in 2006–10, a sign of steady new building. Newer construction is concentrated in the southwest, while the northeast has the oldest housing.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $740 | $763 | $965 |
| 2010–14 | $842 | $819 | $1,040 |
| 2015–19 | $924 | $903 | $1,213 |
| 2020–24 | $1,133 | $1,146 | $1,571 |
| Change | +$393 | +$384 | +$606 |
The median renter in ZIP 47403 pays $1,133 a month for rent and utilities, well below the national median of $1,571. Rent has climbed $393 a month since 2006–10, up 53%, a slower climb than the nation's. Rent takes 31.4% of the typical renter's income, just over the 30% mark often used to define affordable rent. The priciest rents are in the east; the most affordable are in the southwest.
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 47403
Bachelor's degrees in ZIP 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 30.1% | 23.8% | 28.4% |
| 2010–14 | 31.1% | 24.6% | 29.6% |
| 2015–19 | 38.3% | 27.1% | 32.1% |
| 2020–24 | 41.3% | 30.0% | 35.6% |
| Change | +11.2 pts | +6.2 pts | +7.2 pts |
College degrees are a bit more common in ZIP 47403 than nationally: 41.3% of adults 25 and older have a bachelor's or higher, against 35.6%. Since 2006–10, the share with a degree has risen 11.2 points, in line with the national trend. College graduates are most concentrated in the northeast and least in the west.
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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 90.5% | 86.5% | 84.9% |
| 2010–14 | 91.9% | 87.7% | 86.1% |
| 2015–19 | 91.5% | 88.7% | 87.7% |
| 2020–24 | 94.4% | 89.9% | 89.3% |
| Change | +3.9 pts | +3.4 pts | +4.3 pts |
High school completion is high in ZIP 47403: 94.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma is up 3.9 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 47403
| Period | ZIP 47403 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 8.4% | 8.1% |
| 2010–14 | 9.1% | 8.9% | 9.4% |
| 2015–19 | 4.6% | 4.9% | 5.6% |
| 2020–24 | 5.0% | 4.3% | 5.4% |
| Change | −2.1 pts | −4.1 pts | −2.7 pts |
At 5.0%, unemployment in ZIP 47403 is close to the national rate of 5.4%. Since 2006–10, unemployment has fallen 2.1 points, as it has nationally. 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 47403 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 47403 | 2.26 | 36.1 | 11.9% | 46.2% | 7.5% | 1986 | $1,133 | 41.3% | 94.4% | 5.0% |
| ZIP 47401 | 2.01 | 39.1 | 5.2% | 45.7% | 9.1% | 1986 | $1,310 | 64.2% | 95.6% | 6.2% |
| ZIP 47405 | 1.95 | 19.3 | 7.1% | 89.2% | 10.8% | 1972 | $829 | 98.7% | 99.9% | 10.0% |
| ZIP 47404 | 2.34 | 35.9 | 10.8% | 42.3% | 11.8% | 1983 | $1,180 | 43.8% | 94.1% | 4.4% |
| ZIP 47406 | 1.60 | 19.7 | 7.1% | 92.9% | 55.3% | 1963 | $841 | 74.0% | 99.4% | 10.3% |
| ZIP 47458 | 2.43 | 42.3 | 13.9% | 19.0% | 12.0% | 1982 | $1,228 | 29.6% | 96.3% | 5.7% |
| ZIP 47408 | 2.06 | 31.4 | 5.8% | 64.4% | 15.1% | 1977 | $1,234 | 55.0% | 94.5% | 5.5% |
| ZIP 47434 | 3.01 | 36.0 | 16.1% | 5.8% | 11.0% | 1975 | $972 | 34.7% | 90.4% | 0.0% |
| ZIP 47429 | 2.53 | 40.7 | 6.3% | 13.4% | 8.5% | 1989 | $936 | 34.0% | 96.3% | 2.4% |
| ZIP 47459 | 2.53 | 45.6 | 8.2% | 10.5% | 8.7% | 1990 | $797 | 18.6% | 90.3% | 3.9% |
| ZIP 47464 | 2.68 | 38.9 | 11.5% | 11.6% | 7.1% | 1991 | $642 | 38.6% | 95.2% | 1.1% |
All figures 2020–24.
Zip codes with similar populations: 22630, VA · 93001, CA · 92649, CA · 92373, CA · 91791, CA · 28409, NC · 28104, NC · 25801, WV · 23235, VA · 23233, VA
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 47403. 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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