Population 15,030 · Census ACS 2020–24
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Population and households in ZIP 47960
Household size in ZIP 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.39 | 2.57 | 2.68 |
| 2010–14 | 2.41 | 2.59 | 2.73 |
| 2015–19 | 2.26 | 2.57 | 2.71 |
| 2020–24 | 2.29 | 2.54 | 2.65 |
| Change | −0.10 | −0.03 | −0.03 |
Households in ZIP 47960 are small: just 2.29 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.39 in 2006–10, a much bigger shift than nationally.
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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 43.6 | 37.5 | 37.7 |
| 2010–14 | 47.5 | 38.4 | 38.6 |
| 2015–19 | 46.0 | 39.1 | 39.6 |
| 2020–24 | 46.9 | 39.3 | 40.1 |
| Change | +3.3 | +1.7 | +2.3 |
With a median age of 46.9, ZIP 47960 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 43.6, in line with the national trend. Only five of the 301 Indiana ZIP codes with 5,000+ people 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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.3% | 11.8% | 12.3% |
| 2010–14 | 8.0% | 12.0% | 12.3% |
| 2015–19 | 8.7% | 11.6% | 11.6% |
| 2020–24 | 10.3% | 11.7% | 11.6% |
| Change | −1.0 pts | −0.1 pts | −0.6 pts |
Single-parent households are a bit less common in ZIP 47960 than nationally: 10.3%, against 11.6%. The single-parent share is down 1.0 points from 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 47960
Renters in ZIP 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 21.4% | 28.5% | 33.3% |
| 2010–14 | 22.9% | 30.5% | 35.6% |
| 2015–19 | 21.3% | 30.9% | 36.0% |
| 2020–24 | 18.7% | 29.4% | 34.8% |
| Change | −2.6 pts | +1.0 pts | +1.5 pts |
Only 18.7% of households in ZIP 47960 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 36.6% have no mortgage at all, below the national share of 39.8%. Renting is most common in the center and least common in the northwest. Since 2006–10, the renter share has fallen 2.6 points, even as the national share rose.
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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 25.8% | 11.2% | 11.4% |
| 2010–14 | 32.0% | 11.2% | 11.4% |
| 2015–19 | 26.7% | 10.9% | 11.1% |
| 2020–24 | 25.1% | 9.3% | 9.6% |
| Change | −0.7 pts | −2.0 pts | −1.8 pts |
Vacancy is high in ZIP 47960: 25.1% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Of the 301 Indiana ZIP codes with 5,000+ people, only five have a higher vacancy rate.
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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1966 | 1972 | 1974 |
| 2010–14 | 1969 | 1973 | 1975 |
| 2015–19 | 1970 | 1974 | 1977 |
| 2020–24 | 1967 | 1977 | 1980 |
| Change | +1 | +5 | +6 |
ZIP 47960 is a place of older homes: half were built before 1967, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Newer construction is concentrated in the east, while the center has the oldest housing.
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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $676 | $763 | $965 |
| 2010–14 | $728 | $819 | $1,040 |
| 2015–19 | $743 | $903 | $1,213 |
| 2020–24 | $915 | $1,146 | $1,571 |
| Change | +$239 | +$384 | +$606 |
Rent in ZIP 47960 runs $915 a month at the median, utilities included, well below the U.S. median of $1,571. Rents are up $239 a month from 2006–10, a 35% rise, a slower climb than the nation's. The typical renter here spends 29.0% of household income on rent, just 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 northwest.
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 47960
Bachelor's degrees in ZIP 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 16.4% | 23.8% | 28.4% |
| 2010–14 | 15.9% | 24.6% | 29.6% |
| 2015–19 | 17.2% | 27.1% | 32.1% |
| 2020–24 | 20.7% | 30.0% | 35.6% |
| Change | +4.3 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 47960 have a four-year degree than in the country as a whole: 20.7%, against 35.6% nationally. The share with a degree is up 4.3 points from 2006–10, in line with the national trend. College graduates are most concentrated in the northwest and least in the center.
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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 87.5% | 86.5% | 84.9% |
| 2010–14 | 88.7% | 87.7% | 86.1% |
| 2015–19 | 89.4% | 88.7% | 87.7% |
| 2020–24 | 90.9% | 89.9% | 89.3% |
| Change | +3.3 pts | +3.4 pts | +4.3 pts |
About nine in ten adults in ZIP 47960 have finished high school (90.9%), a bit above the national rate of 89.3%. The picture is much the same across Indiana. The share with a diploma has risen 3.3 points since 2006–10, as it has 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 47960
| Period | ZIP 47960 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.1% | 8.4% | 8.1% |
| 2010–14 | 6.1% | 8.9% | 9.4% |
| 2015–19 | 4.4% | 4.9% | 5.6% |
| 2020–24 | 4.1% | 4.3% | 5.4% |
| Change | −4.1 pts | −4.1 pts | −2.7 pts |
Jobs have been a little easier to find in ZIP 47960 than nationally: unemployment was 4.1%, against 5.4%. Since 2006–10, unemployment has fallen 4.1 points, mirroring the country. 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 47960 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 47960 | 2.29 | 46.9 | 10.3% | 18.7% | 25.1% | 1967 | $915 | 20.7% | 90.9% | 4.1% |
| ZIP 47950 | 2.06 | 53.0 | 7.9% | 16.6% | 11.3% | 1974 | $874 | 10.9% | 98.6% | 1.0% |
| ZIP 47980 | 2.68 | 37.3 | 8.0% | 17.8% | 4.2% | 1962 | $885 | 18.1% | 95.9% | 3.0% |
| ZIP 47997 | 2.44 | 43.1 | 4.9% | 9.1% | 19.0% | 1971 | $727 | 11.0% | 94.3% | 0.7% |
| ZIP 47925 | 2.38 | 56.2 | 8.4% | 4.7% | 54.9% | 1969 | $830 | 25.4% | 94.9% | 0.2% |
| ZIP 47929 | 2.47 | 41.4 | 7.7% | 16.2% | 8.8% | 1957 | $797 | 21.1% | 92.4% | 3.5% |
| ZIP 47926 | 2.59 | 41.3 | 6.4% | 8.5% | 9.0% | 1971 | $848 | 10.1% | 94.4% | 1.0% |
| ZIP 47959 | 3.05 | 30.3 | 19.3% | 26.2% | 18.1% | 1956 | $853 | 8.4% | 68.3% | 5.1% |
| ZIP 47923 | 2.35 | 40.7 | 6.3% | 18.3% | 6.5% | 1971 | $1,019 | 23.9% | 94.2% | 1.1% |
| ZIP 46916 | 2.59 | 45.2 | 3.4% | 11.9% | 7.0% | 1953 | $714 | 19.9% | 84.8% | 0.0% |
| ZIP 47995 | 2.65 | 36.8 | 16.2% | 15.0% | 6.7% | 1950 | $689 | 17.5% | 95.6% | 1.8% |
All figures 2020–24.
Zip codes with similar populations: 77905, TX · 20650, MD · 21074, MD · 22209, VA · 25401, WV · 26041, WV · 28023, NC · 28801, NC · 29153, SC · 80925, 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 47960. 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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