Population 1,450 · Census ACS 2020–24
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Population and households in ZIP 47862
Household size in ZIP 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.57 | 2.57 | 2.68 |
| 2010–14 | 2.69 | 2.59 | 2.73 |
| 2015–19 | 2.54 | 2.57 | 2.71 |
| 2020–24 | 2.51 | 2.54 | 2.65 |
| Change | −0.06 | −0.03 | −0.03 |
Households in ZIP 47862 run a little small, averaging 2.51 people against 2.65 nationally, which usually means more singles and couples and fewer children. That is in line with the rest of Indiana.
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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 34.5 | 37.5 | 37.7 |
| 2010–14 | 38.9 | 38.4 | 38.6 |
| 2015–19 | 38.0 | 39.1 | 39.6 |
| 2020–24 | 42.3 | 39.3 | 40.1 |
| Change | +7.8 | +1.7 | +2.3 |
The median resident of ZIP 47862 is 42.3 years old, a bit older than the national median of 40.1. Since 2006–10, the median age has climbed from 34.5, but in a place this small, survey estimates can swing a lot from one release to the next.
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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 22.5% | 11.8% | 12.3% |
| 2010–14 | 16.1% | 12.0% | 12.3% |
| 2015–19 | 10.4% | 11.6% | 11.6% |
| 2020–24 | 12.5% | 11.7% | 11.6% |
| Change | −10.0 pts | −0.1 pts | −0.6 pts |
Single-parent households are about as common in ZIP 47862 as they are nationally: 12.5%, against 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 47862
Renters in ZIP 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 31.5% | 28.5% | 33.3% |
| 2010–14 | 25.3% | 30.5% | 35.6% |
| 2015–19 | 28.3% | 30.9% | 36.0% |
| 2020–24 | 21.8% | 29.4% | 34.8% |
| Change | −9.7 pts | +1.0 pts | +1.5 pts |
ZIP 47862 is largely a place of homeowners: only 21.8% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About half of owners (49.4%) have paid off their mortgages, above 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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 26.4% | 11.2% | 11.4% |
| 2010–14 | 18.2% | 11.2% | 11.4% |
| 2015–19 | 15.6% | 10.9% | 11.1% |
| 2020–24 | 11.1% | 9.3% | 9.6% |
| Change | −15.3 pts | −2.0 pts | −1.8 pts |
Vacancy runs a little high in ZIP 47862: 11.1% of homes are empty, against 9.6% nationally. The count includes vacation homes and homes between owners or tenants, not just abandoned ones.
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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1957 | 1972 | 1974 |
| 2010–14 | 1955 | 1973 | 1975 |
| 2015–19 | 1970 | 1974 | 1977 |
| 2020–24 | 1958 | 1977 | 1980 |
| Change | +2 | +5 | +6 |
The housing in ZIP 47862 is old by national standards: the median home dates to 1958, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $611 | $763 | $965 |
| 2010–14 | $661 | $819 | $1,040 |
| 2015–19 | $622 | $903 | $1,213 |
| 2020–24 | $851 | $1,146 | $1,571 |
| Change | +$240 | +$384 | +$606 |
Rent in ZIP 47862 runs $851 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 18.5% 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 47862
Bachelor's degrees in ZIP 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 14.4% | 23.8% | 28.4% |
| 2010–14 | 14.0% | 24.6% | 29.6% |
| 2015–19 | 9.3% | 27.1% | 32.1% |
| 2020–24 | 12.4% | 30.0% | 35.6% |
| Change | −2.0 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 47862: 12.4% 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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 83.1% | 86.5% | 84.9% |
| 2010–14 | 85.6% | 87.7% | 86.1% |
| 2015–19 | 83.4% | 88.7% | 87.7% |
| 2020–24 | 82.2% | 89.9% | 89.3% |
| Change | −0.9 pts | +3.4 pts | +4.3 pts |
Just over one in six adults in ZIP 47862 never finished high school, well above the national share: only 82.2% have a diploma or equivalent, against 89.3% nationally.
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 47862
| Period | ZIP 47862 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.1% | 8.4% | 8.1% |
| 2010–14 | 7.0% | 8.9% | 9.4% |
| 2015–19 | 6.9% | 4.9% | 5.6% |
| 2020–24 | 5.2% | 4.3% | 5.4% |
| Change | −4.9 pts | −4.1 pts | −2.7 pts |
Unemployment in ZIP 47862 is close to the national rate: 5.2% of the labor force, against 5.4%. The rate is higher than in Indiana as a whole (4.3%). 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 47862 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 47862 | 2.51 | 42.3 | 12.5% | 21.8% | 11.1% | 1958 | $851 | 12.4% | 82.2% | 5.2% |
| ZIP 47854 | 2.28 | 42.8 | 9.3% | 9.8% | 7.9% | 1974 | $719 | 22.2% | 99.0% | 7.0% |
| ZIP 47860 | 2.71 | 29.4 | 23.9% | 36.1% | 24.1% | 1938 | $587 | 15.1% | 91.9% | 6.0% |
| ZIP 47832 | 2.45 | 44.0 | 11.6% | 14.0% | 18.6% | 1975 | $907 | 14.3% | 85.6% | 3.2% |
| ZIP 47966 | 2.29 | 46.6 | 3.0% | 12.6% | 6.6% | 1978 | $920 | 14.0% | 96.8% | 5.7% |
| ZIP 47847 | 2.17 | 39.4 | 7.9% | 18.0% | 11.2% | 1957 | $723 | 11.3% | 95.7% | 6.6% |
| ZIP 47842 | 2.39 | 44.8 | 8.8% | 28.7% | 10.7% | 1960 | $744 | 18.9% | 92.4% | 3.6% |
| ZIP 47872 | 2.56 | 43.7 | 10.9% | 19.8% | 22.7% | 1969 | $735 | 16.3% | 79.7% | 3.9% |
| ZIP 47859 | 2.38 | 47.8 | 12.5% | 12.4% | 23.8% | 1981 | $866 | 12.6% | 85.9% | 2.3% |
| ZIP 47874 | 2.40 | 48.7 | 11.2% | 12.2% | 11.4% | 1968 | $776 | 16.0% | 93.1% | 4.3% |
| ZIP 47831 | 2.57 | 45.1 | 10.4% | 4.5% | 14.2% | 1975 | $746 | 20.2% | 87.0% | 2.0% |
All figures 2020–24.
Zip codes with similar populations: 50046, IA · 73566, OK · 72157, AR · 62932, IL · 56655, MN · 56587, MN · 55312, MN · 53936, WI · 52041, IA · 50166, IA
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 47862. 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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