Population 5,290 · Census ACS 2020–24
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Population and households in ZIP 47562
Household size in ZIP 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 3.05 | 2.57 | 2.68 |
| 2010–14 | 2.85 | 2.59 | 2.73 |
| 2015–19 | 3.62 | 2.57 | 2.71 |
| 2020–24 | 3.29 | 2.54 | 2.65 |
| Change | +0.24 | −0.03 | −0.03 |
ZIP 47562 is a place of big households: 3.29 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Since 2006–10, household size has climbed from 3.05, even as the national average fell. Of the 301 Indiana ZIP codes with 5,000+ people, only six have larger 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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 35.4 | 37.5 | 37.7 |
| 2010–14 | 33.5 | 38.4 | 38.6 |
| 2015–19 | 29.7 | 39.1 | 39.6 |
| 2020–24 | 30.7 | 39.3 | 40.1 |
| Change | −4.7 | +1.7 | +2.3 |
With a median age of just 30.7, ZIP 47562 is far younger than the country as a whole (40.1), a population that tilts toward young families with children. The median age has dropped from 35.4 in 2006–10, even as the national median rose. Of the 301 Indiana ZIP codes with 5,000+ people, only 11 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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.0% | 11.8% | 12.3% |
| 2010–14 | 5.8% | 12.0% | 12.3% |
| 2015–19 | 6.1% | 11.6% | 11.6% |
| 2020–24 | 7.6% | 11.7% | 11.6% |
| Change | +1.6 pts | −0.1 pts | −0.6 pts |
Single parents head only 7.6% of households in ZIP 47562, well below the national share of 11.6%. The single-parent share has risen 1.6 points since 2006–10, even as the national share fell. ZIP 47562 has a lower share of single-parent households than at least four in five Indiana ZIP codes.
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 47562
Renters in ZIP 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 19.0% | 28.5% | 33.3% |
| 2010–14 | 24.0% | 30.5% | 35.6% |
| 2015–19 | 23.3% | 30.9% | 36.0% |
| 2020–24 | 20.5% | 29.4% | 34.8% |
| Change | +1.5 pts | +1.0 pts | +1.5 pts |
Only 20.5% of households in ZIP 47562 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 59.5% have no mortgage at all, well above the national share of 39.8%. Since 2006–10, the renter share has edged up 1.5 points, as it has 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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.0% | 11.2% | 11.4% |
| 2010–14 | 6.3% | 11.2% | 11.4% |
| 2015–19 | 5.3% | 10.9% | 11.1% |
| 2020–24 | 6.4% | 9.3% | 9.6% |
| Change | −2.6 pts | −2.0 pts | −1.8 pts |
Vacancy is on the low side in ZIP 47562: 6.4% of homes sit empty, against 9.6% nationally, which points to steady demand for housing. Vacancy has fallen 2.6 points since 2006–10, in line with the national trend.
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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1969 | 1972 | 1974 |
| 2010–14 | 1975 | 1973 | 1975 |
| 2015–19 | 1988 | 1974 | 1977 |
| 2020–24 | 1982 | 1977 | 1980 |
| Change | +13 | +5 | +6 |
The typical home in ZIP 47562 was built around 1982, about the same vintage as the country's housing overall (1980). Homes here are newer than in Indiana overall, where the median home dates to 1977. The median year built has moved up from 1969 in 2006–10, a sign of steady new building. The newest homes are mostly in the southwest, the oldest in the center.
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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $468 | $763 | $965 |
| 2010–14 | $587 | $819 | $1,040 |
| 2015–19 | $641 | $903 | $1,213 |
| 2020–24 | $681 | $1,146 | $1,571 |
| Change | +$213 | +$384 | +$606 |
Rent in ZIP 47562 runs $681 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $213 a month since 2006–10, up 46%, a slower climb than the nation's. The typical renter here spends 20.3% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. Rents run highest in the southeast and lowest in the north.
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 47562
Bachelor's degrees in ZIP 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.7% | 23.8% | 28.4% |
| 2010–14 | 10.3% | 24.6% | 29.6% |
| 2015–19 | 9.6% | 27.1% | 32.1% |
| 2020–24 | 12.0% | 30.0% | 35.6% |
| Change | +4.3 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 47562 have a four-year degree than in the country as a whole: 12.0%, against 35.6% nationally. The share with a degree has risen 4.3 points since 2006–10, mirroring the country. Of the 301 Indiana ZIP codes with 5,000+ people, only 12 have a lower share of college graduates.
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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 62.1% | 86.5% | 84.9% |
| 2010–14 | 70.2% | 87.7% | 86.1% |
| 2015–19 | 55.3% | 88.7% | 87.7% |
| 2020–24 | 62.9% | 89.9% | 89.3% |
| Change | +0.8 pts | +3.4 pts | +4.3 pts |
More than a third of adults in ZIP 47562 never finished high school, well above the national share: only 62.9% have a diploma or equivalent, against 89.3% nationally. The share with a diploma has edged up 0.8 points since 2006–10, a smaller shift than nationally. Only three of the 301 Indiana ZIP codes with 5,000+ people have a lower share of high school graduates.
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 47562
| Period | ZIP 47562 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.0% | 8.4% | 8.1% |
| 2010–14 | 3.0% | 8.9% | 9.4% |
| 2015–19 | 1.5% | 4.9% | 5.6% |
| 2020–24 | 0.7% | 4.3% | 5.4% |
| Change | −4.3 pts | −4.1 pts | −2.7 pts |
The job market in ZIP 47562 has been strong: just 0.7% of the labor force was out of work and looking, well below the national rate of 5.4%. ZIP 47562 has the lowest unemployment rate of any Indiana ZIP code with 5,000+ people. Since 2006–10, unemployment has fallen 4.3 points, 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 47562 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 47562 | 3.29 | 30.7 | 7.6% | 20.5% | 6.4% | 1982 | $681 | 12.0% | 62.9% | 0.7% |
| ZIP 47529 | 2.68 | 35.5 | 10.7% | 30.0% | 20.4% | 1958 | $694 | 12.7% | 81.6% | 2.4% |
| ZIP 47522 | 2.60 | 47.0 | 3.7% | 28.6% | 20.9% | 1976 | $672 | 16.9% | 83.9% | 0.9% |
| ZIP 47449 | 2.75 | 35.1 | 4.4% | 2.0% | 21.5% | 1985 | $979 | 18.5% | 91.8% | 3.8% |
| ZIP 47457 | 2.46 | 39.0 | 3.8% | 11.4% | 15.3% | 1988 | $931 | 18.3% | 87.8% | 2.4% |
| ZIP 47568 | 2.86 | 34.4 | 10.4% | 29.0% | 8.2% | 1965 | $801 | 10.7% | 78.4% | 2.9% |
| ZIP 47443 | 2.56 | 42.2 | 9.3% | 18.7% | 15.6% | 1975 | $886 | 10.4% | 91.4% | 6.9% |
| ZIP 47578 | 2.19 | 51.5 | 5.3% | 11.2% | 12.2% | 1964 | $697 | 11.9% | 94.0% | 0.1% |
| ZIP 47596 | 2.23 | 49.2 | 4.7% | 23.9% | 9.9% | 1957 | $637 | 10.0% | 96.0% | 1.6% |
| ZIP 47528 | 2.88 | 34.2 | 3.1% | 22.7% | 10.1% | 1940 | $923 | 10.3% | 90.4% | 3.1% |
| ZIP 47453 | 2.01 | 46.8 | 3.8% | 22.1% | 4.3% | 1991 | $872 | 17.5% | 81.6% | 0.9% |
All figures 2020–24.
Zip codes with similar populations: 29335, SC · 72106, AR · 35980, AL · 34773, FL · 32668, FL · 32628, FL · 32577, FL · 32130, FL · 31822, GA · 31816, GA
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 47562. 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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