Population 9,680 · Census ACS 2020–24
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Population and households in ZIP 47842
Household size in ZIP 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.34 | 2.57 | 2.68 |
| 2010–14 | 2.39 | 2.59 | 2.73 |
| 2015–19 | 2.20 | 2.57 | 2.71 |
| 2020–24 | 2.39 | 2.54 | 2.65 |
| Change | +0.05 | −0.03 | −0.03 |
ZIP 47842 is a place of small households, averaging 2.39 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has crept up from 2.34 in 2006–10, even as the national average fell. The biggest households, usually families with children, are concentrated in the south.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 41.8 | 37.5 | 37.7 |
| 2010–14 | 42.2 | 38.4 | 38.6 |
| 2015–19 | 43.7 | 39.1 | 39.6 |
| 2020–24 | 44.8 | 39.3 | 40.1 |
| Change | +2.9 | +1.7 | +2.3 |
ZIP 47842 skews older: half of its residents are older than 44.8, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 41.8, in line with the national trend. Of the 301 Indiana ZIP codes with 5,000+ people, only 22 are older.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.2% | 11.8% | 12.3% |
| 2010–14 | 13.4% | 12.0% | 12.3% |
| 2015–19 | 12.7% | 11.6% | 11.6% |
| 2020–24 | 8.8% | 11.7% | 11.6% |
| Change | −1.4 pts | −0.1 pts | −0.6 pts |
Single-parent households are less common in ZIP 47842 than nationally: 8.8%, against 11.6%. The single-parent share is down 1.4 points from 2006–10, mirroring the country.
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 47842
Renters in ZIP 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 25.7% | 28.5% | 33.3% |
| 2010–14 | 23.6% | 30.5% | 35.6% |
| 2015–19 | 32.0% | 30.9% | 36.0% |
| 2020–24 | 28.7% | 29.4% | 34.8% |
| Change | +3.0 pts | +1.0 pts | +1.5 pts |
Nearly three in ten households in ZIP 47842 rent their homes (28.7%), a little below the national share of 34.8%; the rest own. Among homeowners, 46.2% have no mortgage at all, above the national share of 39.8%. Rentals cluster in the northeast; owners are most common in the northwest. Since 2006–10, the renter share has risen 3.0 points, in line with the national trend.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 14.2% | 11.2% | 11.4% |
| 2010–14 | 14.7% | 11.2% | 11.4% |
| 2015–19 | 11.1% | 10.9% | 11.1% |
| 2020–24 | 10.7% | 9.3% | 9.6% |
| Change | −3.5 pts | −2.0 pts | −1.8 pts |
About as many homes sit empty in ZIP 47842 as nationally: 10.7%, against 9.6%. Vacancy has fallen 3.5 points since 2006–10, mirroring the country.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1954 | 1972 | 1974 |
| 2010–14 | 1953 | 1973 | 1975 |
| 2015–19 | 1959 | 1974 | 1977 |
| 2020–24 | 1960 | 1977 | 1980 |
| Change | +7 | +5 | +6 |
The housing in ZIP 47842 is old by national standards: the median home dates to 1960, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The median year built has moved up from 1954 in 2006–10, a sign of steady new building. The newest homes are mostly in the southwest, the oldest in the east.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $624 | $763 | $965 |
| 2010–14 | $660 | $819 | $1,040 |
| 2015–19 | $705 | $903 | $1,213 |
| 2020–24 | $744 | $1,146 | $1,571 |
| Change | +$120 | +$384 | +$606 |
Rent in ZIP 47842 runs $744 a month at the median, utilities included, well below the U.S. median of $1,571. Rent has climbed $120 a month since 2006–10, up 19%, a slower climb than the nation's. The typical renter here spends 26.4% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. The priciest rents are in the north; 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 47842
Bachelor's degrees in ZIP 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 12.3% | 23.8% | 28.4% |
| 2010–14 | 13.0% | 24.6% | 29.6% |
| 2015–19 | 16.0% | 27.1% | 32.1% |
| 2020–24 | 18.9% | 30.0% | 35.6% |
| Change | +6.6 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 47842: 18.9% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree is up 6.6 points from 2006–10, as it has 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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 84.7% | 86.5% | 84.9% |
| 2010–14 | 86.8% | 87.7% | 86.1% |
| 2015–19 | 90.7% | 88.7% | 87.7% |
| 2020–24 | 92.4% | 89.9% | 89.3% |
| Change | +7.6 pts | +3.4 pts | +4.3 pts |
High school completion in ZIP 47842 is a bit above the national rate: 92.4% of adults have a diploma or equivalent, against 89.3%. The share with a diploma has risen 7.6 points since 2006–10, in line with the national trend.
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 47842
| Period | ZIP 47842 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 6.4% | 8.4% | 8.1% |
| 2010–14 | 6.6% | 8.9% | 9.4% |
| 2015–19 | 8.1% | 4.9% | 5.6% |
| 2020–24 | 3.6% | 4.3% | 5.4% |
| Change | −2.8 pts | −4.1 pts | −2.7 pts |
Jobs have been easier to find in ZIP 47842 than nationally: unemployment was 3.6%, against 5.4%. Since 2006–10, unemployment has fallen 2.8 points, in line with the national trend. 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 47842 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 47842 | 2.39 | 44.8 | 8.8% | 28.7% | 10.7% | 1960 | $744 | 18.9% | 92.4% | 3.6% |
| ZIP 47884 | 2.60 | 38.1 | 11.7% | 9.9% | 2.8% | 1974 | $567 | 19.6% | 89.7% | 6.7% |
| ZIP 47880 | 2.29 | 62.2 | 5.2% | 2.3% | 8.3% | 1977 | $637 | 48.6% | 100.0% | 2.2% |
| ZIP 47831 | 2.57 | 45.1 | 10.4% | 4.5% | 14.2% | 1975 | $746 | 20.2% | 87.0% | 2.0% |
| ZIP 47863 | 3.18 | 27.2 | 11.7% | 8.8% | 11.9% | 1972 | $637 | 13.4% | 91.4% | 7.0% |
| ZIP 47860 | 2.71 | 29.4 | 23.9% | 36.1% | 24.1% | 1938 | $587 | 15.1% | 91.9% | 6.0% |
| ZIP 47874 | 2.40 | 48.7 | 11.2% | 12.2% | 11.4% | 1968 | $776 | 16.0% | 93.1% | 4.3% |
| ZIP 47854 | 2.28 | 42.8 | 9.3% | 9.8% | 7.9% | 1974 | $719 | 22.2% | 99.0% | 7.0% |
| ZIP 47862 | 2.51 | 42.3 | 12.5% | 21.8% | 11.1% | 1958 | $851 | 12.4% | 82.2% | 5.2% |
| ZIP 47805 | 2.56 | 43.4 | 7.6% | 17.8% | 8.4% | 1975 | $895 | 23.1% | 93.0% | 2.8% |
| ZIP 61955 | 2.58 | 40.9 | 7.4% | 13.5% | 8.3% | 1974 | $749 | 29.7% | 90.8% | 3.6% |
All figures 2020–24.
Zip codes with similar populations: 02045, MA · 99518, AK · 98606, WA · 95006, CA · 92567, CA · 87801, NM · 85087, AZ · 81637, CO · 80902, CO · 80517, CO
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 47842. 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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