Population 5,093 · Census ACS 2020–24
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Population and households in ZIP 47405
Household size in ZIP 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1.40 | 2.57 | 2.68 |
| 2010–14 | 2.22 | 2.59 | 2.73 |
| 2015–19 | 1.18 | 2.57 | 2.71 |
| 2020–24 | 1.95 | 2.54 | 2.65 |
| Change | +0.55 | −0.03 | −0.03 |
ZIP 47405 is a place of small households, averaging 1.95 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 climbed from 1.40, even as the national average fell.
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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 19.6 | 37.5 | 37.7 |
| 2010–14 | 19.6 | 38.4 | 38.6 |
| 2015–19 | 19.4 | 39.1 | 39.6 |
| 2020–24 | 19.3 | 39.3 | 40.1 |
| Change | −0.2 | +1.7 | +2.3 |
With a median age of just 19.3, ZIP 47405 is far younger than the country as a whole (40.1), a population that tilts toward young adults in their twenties. The median age is little changed from 2006–10, while the national median rose.
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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.4% | 11.8% | 12.3% |
| 2010–14 | 8.6% | 12.0% | 12.3% |
| 2015–19 | 8.0% | 11.6% | 11.6% |
| 2020–24 | 7.1% | 11.7% | 11.6% |
| Change | −1.3 pts | −0.1 pts | −0.6 pts |
Single parents head only 7.1% of households in ZIP 47405, well below the national share of 11.6%. The single-parent share has edged down 1.3 points since 2006–10, as it has 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 47405
Renters in ZIP 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 81.2% | 28.5% | 33.3% |
| 2010–14 | 82.5% | 30.5% | 35.6% |
| 2015–19 | 82.0% | 30.9% | 36.0% |
| 2020–24 | 89.2% | 29.4% | 34.8% |
| Change | +8.0 pts | +1.0 pts | +1.5 pts |
Most households in ZIP 47405 rent: 89.2% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. Among homeowners, 38.5% have no mortgage at all, about the same as nationally. The renter share is up 8.0 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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 64.1% | 11.2% | 11.4% |
| 2010–14 | 56.9% | 11.2% | 11.4% |
| 2015–19 | 11.7% | 10.9% | 11.1% |
| 2020–24 | 10.8% | 9.3% | 9.6% |
| Change | −53.3 pts | −2.0 pts | −1.8 pts |
Vacancy in ZIP 47405 is close to the national rate: 10.8% of homes are empty, against 9.6%. The rate is higher than in Indiana overall (9.3%). Vacancy is down 53.3 points from 2006–10, a much bigger shift than 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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1954 | 1972 | 1974 |
| 2010–14 | 1955 | 1973 | 1975 |
| 2015–19 | 2008 | 1974 | 1977 |
| 2020–24 | 1972 | 1977 | 1980 |
| Change | +18 | +5 | +6 |
Homes in ZIP 47405 run older than the national norm, with a median build year of 1972 against 1980. The median year built has moved up from 1954 in 2006–10, a sign of steady new building.
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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $652 | $763 | $965 |
| 2010–14 | $753 | $819 | $1,040 |
| 2015–19 | $881 | $903 | $1,213 |
| 2020–24 | $829 | $1,146 | $1,571 |
| Change | +$177 | +$384 | +$606 |
A typical rental in ZIP 47405 costs $829 a month with utilities, well below the national median of $1,571. Rents are up $177 a month from 2006–10, a 27% rise, a slower climb than the nation's. The typical renter here spends 39.3% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
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 47405
Bachelor's degrees in ZIP 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 46.8% | 23.8% | 28.4% |
| 2010–14 | 48.5% | 24.6% | 29.6% |
| 2015–19 | 61.3% | 27.1% | 32.1% |
| 2020–24 | 98.7% | 30.0% | 35.6% |
| Change | +51.9 pts | +6.2 pts | +7.2 pts |
ZIP 47405 is highly educated: 98.7% of adults 25 and older hold at least a bachelor's degree, far above the national share of 35.6%. Since 2006–10, the share with a degree has risen 51.9 points, a much bigger shift than nationally.
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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 99.6% | 86.5% | 84.9% |
| 2010–14 | 76.7% | 87.7% | 86.1% |
| 2015–19 | 98.7% | 88.7% | 87.7% |
| 2020–24 | 99.9% | 89.9% | 89.3% |
| Change | +0.3 pts | +3.4 pts | +4.3 pts |
Finishing high school is nearly universal in ZIP 47405: 99.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has barely moved since 2006–10, while the national rate rose.
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 47405
| Period | ZIP 47405 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 18.2% | 8.4% | 8.1% |
| 2010–14 | 16.1% | 8.9% | 9.4% |
| 2015–19 | 23.6% | 4.9% | 5.6% |
| 2020–24 | 10.0% | 4.3% | 5.4% |
| Change | −8.2 pts | −4.1 pts | −2.7 pts |
Finding work has been harder in ZIP 47405: 10.0% of the labor force was out of work and looking, well above the national rate of 5.4%. Unemployment has fallen 8.2 points since 2006–10, as it has nationally. 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 47405 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 47405 | 1.95 | 19.3 | 7.1% | 89.2% | 10.8% | 1972 | $829 | 98.7% | 99.9% | 10.0% |
| ZIP 47406 | 1.60 | 19.7 | 7.1% | 92.9% | 55.3% | 1963 | $841 | 74.0% | 99.4% | 10.3% |
| ZIP 47408 | 2.06 | 31.4 | 5.8% | 64.4% | 15.1% | 1977 | $1,234 | 55.0% | 94.5% | 5.5% |
| ZIP 47401 | 2.01 | 39.1 | 5.2% | 45.7% | 9.1% | 1986 | $1,310 | 64.2% | 95.6% | 6.2% |
| ZIP 47404 | 2.34 | 35.9 | 10.8% | 42.3% | 11.8% | 1983 | $1,180 | 43.8% | 94.1% | 4.4% |
| ZIP 47403 | 2.26 | 36.1 | 11.9% | 46.2% | 7.5% | 1986 | $1,133 | 41.3% | 94.4% | 5.0% |
| ZIP 47458 | 2.43 | 42.3 | 13.9% | 19.0% | 12.0% | 1982 | $1,228 | 29.6% | 96.3% | 5.7% |
| ZIP 47429 | 2.53 | 40.7 | 6.3% | 13.4% | 8.5% | 1989 | $936 | 34.0% | 96.3% | 2.4% |
| ZIP 47468 | 2.28 | 54.3 | 9.6% | 12.7% | 21.9% | 1981 | $1,708 | 33.7% | 94.6% | 3.4% |
| ZIP 47434 | 3.01 | 36.0 | 16.1% | 5.8% | 11.0% | 1975 | $972 | 34.7% | 90.4% | 0.0% |
| 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: 17752, PA · 75851, TX · 75452, TX · 75426, TX · 20106, VA · 19946, DE · 19504, PA · 18419, PA · 18326, PA · 17954, 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 47405. 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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