47531, IN Demographics

Population 978 · Census ACS 2020–24

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47531, IN map of median age by neighborhood
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Population and households in ZIP 47531

Household size in ZIP 47531

Household size, people per household
PeriodZIP 47531IndianaU.S.
2006–102.662.572.68
2010–142.572.592.73
2015–192.462.572.71
2020–242.522.542.65
Change−0.14−0.03−0.03
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The average household in ZIP 47531 has 2.52 people, a bit under the U.S. average of 2.65. Indiana as a whole looks much the same. 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 47531

Median age, years
PeriodZIP 47531IndianaU.S.
2006–1036.237.537.7
2010–1438.938.438.6
2015–1949.639.139.6
2020–2445.739.340.1
Change+9.6+1.7+2.3
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With a median age of 45.7, ZIP 47531 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.

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 47531

Single-parent households, % of households
PeriodZIP 47531IndianaU.S.
2006–105.0%11.8%12.3%
2010–1410.0%12.0%12.3%
2015–197.8%11.6%11.6%
2020–244.4%11.7%11.6%
Change−0.6 pts−0.1 pts−0.6 pts
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Single parents head only 4.4% of households in ZIP 47531, 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 47531

Renters in ZIP 47531

Renters, % of occupied homes
PeriodZIP 47531IndianaU.S.
2006–105.1%28.5%33.3%
2010–148.2%30.5%35.6%
2015–195.7%30.9%36.0%
2020–245.0%29.4%34.8%
Change−0.1 pts+1.0 pts+1.5 pts
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ZIP 47531 is overwhelmingly a place of homeowners: only 5.0% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 24.4% have no mortgage at all, well below 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 47531

Vacant homes, % of all homes
PeriodZIP 47531IndianaU.S.
2006–106.6%11.2%11.4%
2010–148.2%11.2%11.4%
2015–1913.3%10.9%11.1%
2020–244.8%9.3%9.6%
Change−1.8 pts−2.0 pts−1.8 pts
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Empty homes are scarce in ZIP 47531: just 4.8% sit vacant, compared with 9.6% nationally, a sign of a tight housing market.

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 47531

Age of homes, median year built
PeriodZIP 47531IndianaU.S.
2006–10198619721974
2010–14198119731975
2015–19197219741977
2020–24197819771980
Change−8+5+6
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Homes in ZIP 47531 are about the same age as the nation's housing: the median home was built in 1978, versus 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 47531

Rent, per month
PeriodZIP 47531IndianaU.S.
2006–10$500$763$965
2010–14$641$819$1,040
2015–19$822$903$1,213
2020–24$872$1,146$1,571
Change+$372+$384+$606
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Rent in ZIP 47531 runs $872 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 24.6% 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 47531

Bachelor's degrees in ZIP 47531

Bachelor's degrees, % of adults 25+
PeriodZIP 47531IndianaU.S.
2006–1015.0%23.8%28.4%
2010–1410.5%24.6%29.6%
2015–1916.1%27.1%32.1%
2020–2421.0%30.0%35.6%
Change+6.0 pts+6.2 pts+7.2 pts
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College degrees are relatively uncommon in ZIP 47531: 21.0% 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 47531

High school graduates, % of adults 25+
PeriodZIP 47531IndianaU.S.
2006–1093.0%86.5%84.9%
2010–1489.5%87.7%86.1%
2015–1995.7%88.7%87.7%
2020–2495.7%89.9%89.3%
Change+2.7 pts+3.4 pts+4.3 pts
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High school completion is high in ZIP 47531: 95.7% of adults 25 and older have a diploma or equivalent, well above the national rate of 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 47531

Unemployment, % of the labor force
PeriodZIP 47531IndianaU.S.
2006–108.0%8.4%8.1%
2010–146.7%8.9%9.4%
2015–190.1%4.9%5.6%
2020–240.5%4.3%5.4%
Change−7.5 pts−4.1 pts−2.7 pts
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The job market in ZIP 47531 has been strong: just 0.5% of the labor force was out of work and looking, well below 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 47531 compared with nearby ZIP codes

ZIP codeHousehold sizeMedian ageSingle parentsRentersVacant homesMedian year builtMedian rentBachelor's degreeHigh school diplomaUnemployment
ZIP 475312.5245.74.4%5.0%4.8%1978$87221.0%95.7%0.5%
ZIP 475882.5737.86.8%10.7%6.7%1983$84622.0%95.4%1.9%
ZIP 475502.4149.54.6%4.1%7.0%1978$88622.0%95.4%1.2%
ZIP 475362.3846.67.0%12.2%17.1%1973$74327.1%98.4%8.8%
ZIP 475792.6344.53.0%9.3%7.7%1992$1,10139.4%99.0%2.7%
ZIP 475862.2342.19.7%28.6%7.3%1971$78417.4%93.4%3.7%
ZIP 475772.4043.29.8%19.1%19.5%1968$62422.5%95.8%10.9%
ZIP 476152.4742.26.5%12.2%4.8%1973$86222.0%89.3%1.1%
ZIP 423512.7939.214.8%25.9%8.4%1982$82618.7%90.0%4.7%
ZIP 475522.5349.81.5%0.0%10.1%1986$93929.0%100.0%3.9%
ZIP 476112.2949.37.3%16.8%6.9%1965$73415.0%85.6%3.6%

All figures 2020–24.

Zip codes with similar populations: 01255, MA · 99743, AK · 98603, WA · 98361, WA · 97536, OR · 94586, CA · 90071, CA · 87553, NM · 75489, TX · 73447, OK

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 47531. 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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