47432 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 47432 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 47432, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

47432 is a zip code in Dubois County, Martin County, and Orange County, Indiana, which covers Columbia, Lost River, French Lick, Greenfield, and Jackson, with a total population of 4,711 people.

Median Household Income

According to the latest ACS 5-year survey in 2020, the median household income in 47432 is $51,250.00.

The chart below shows the average household income by age in 47432.

  • Under 25
    $33,684.00
  • 25 to 44
    $67,734.00
  • 45 to 64
    $53,629.00
  • 65 and over
    $39,354.00

Average Household Income

A very commonly asked question is "what is the average household income in the 47432 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 47432 is $60,868.00.

1.50% of households in the 47432 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 47432 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 47432

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 47432 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    17.02%
  • $25,000 to $49,999
    31.96%
  • $50,000 to $74,999
    22.06%
  • $75,000 to $99,999
    12.53%
  • $100,000 to $149,999
    12.04%
  • $150,000 to $199,999
    2.89%
  • $200,000 or more
    1.50%

Per Capita Income

The per capita income is the average income of all people in the 47432 zip code. This is calculated by dividing the total income of all people in 47432 by the total number of people in 47432.

It differs from the average or mean household income because it includes all people in 47432 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 47432 zip code is $24,380.00.

Population in 47432 by Race and Ethnicity

The total population in 47432 is currently 4,711 people.

The race and ethnicity of the population in 47432 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 47432 zip code.

  • 81.30% White
    3,828
  • 9.90% Black/African American
    465
  • 0.20% Native
    8
  • 4.20% Hispanic
    198
  • 0.60% Asian
    28
  • 0.00% Hawaiian/Pacific Islander
    0
  • 3.90% Two or more races
    184
  • 0.00% Other
    0

Population of 47432 by Age and Gender

Another very important demographics statistic for the 47432 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 257 487
10 to 19 Years 325 273
20 to 29 Years 157 155
30 to 39 Years 298 341
40 to 49 Years 262 224
50 to 59 Years 422 268
60 to 69 Years 280 367
70 Years and over 266 329

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 47432 zip code.

  • Master's degree or higher
    2.52%
  • Bachelor's degree
    19.55%
  • Some college or associate's degree
    17.13%
  • High school diploma or equivalent
    54.78%
  • Less than high school diploma
    6.02%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 47432 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 47432 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 47432 zip code that are over the age of 16.

The current population in 47432 that are over the age of 16 is 3,507 people.

The unemployment rate in 47432 is 36.40%, which means 1,275 people are unemployed.

Median Age in 47432

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 47432 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 47432 is 40.6 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 47432

40.6

Total

41.7

Male

38.7

Female

Households and Families

There are a total of 1,868 households in 47432, and the average household size is 2.48 people.

For families, the total number is 1,249, and the average family size is 3.04 people.

7.00% of those families in the 47432 zip code are living below the poverty line.

The table below shows the poverty thresholds for 47432 in 2022.

Household Size Poverty Threshold
1 Person $13,590.00
2 People $18,310.00
3 People $23,030.00
4 People $27,750.00
5 People $32,470.00
6 People $37,190.00
7 People $41,910.00
8 People $46,630.00

Please note that the poverty thresholds shown above are from 2022, while the latest demographics data we have is from 2020.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 47432 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 815 275 159 619
Average Household Size 3.29 2.37 3.68 1.14
Total Families 815 275 159 0
Average Household Size 3.27 2.15 3.42 0

Housing Data in 47432

There are total of 2,162 housing units in the 47432 zip code. Of those units, 1,868 (86.40%) are occupied, and 294 (13.60%) are vacant.

Rental Rates

Of the 2,162 housing units in 47432, 397 (18.36%) are occupied by renters. The median rent paid by renters is $769.00.

Owner occupied housing units make up the remaining 66.88% of housing units, with 1,446 housing units in total.

The table below breaks down how much rent is paid by renters in the 47432 zip code.

  • No rent paid
    25
  • Less than $500
    86
  • $500 to $999
    275
  • $1,000 to $1,499
    36
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 47432 is $98,200.00.

The table below breaks down the range of valuations for all properties in 47432.

  • Less than $50,000
    136
  • $50,000 to $99,999
    594
  • $100,000 to $149,999
    373
  • $150,000 to $199,999
    161
  • $200,000 to $299,999
    133
  • $300,000 to $499,999
    38
  • $500,000 to $999,999
    9
  • $1,000,000 or more
    2

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 47432 zip code.

  • 1939 or earlier
    501
  • 1940 to 1949
    80
  • 1950 to 1959
    171
  • 1960 to 1969
    262
  • 1970 to 1979
    158
  • 1980 to 1989
    279
  • 1990 to 1999
    284
  • 2000 to 2009
    285
  • 2010 to 2013
    49
  • 2014 or later
    93

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 47432 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    88
  • 1 vehicle available
    623
  • 2 vehicles available
    599
  • 3 or more vehicles available
    558

Commuting to Work in 47432

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 47432 zip code, how they commute, and how that correlates to other data points.

The average travel time is 24.2 minutes, and the chart below covers the range of travel times across the population of 47432.

  • Less than 5 minutes
    147
  • 5 to 9 minutes
    488
  • 10 to 14 minutes
    212
  • 15 to 19 minutes
    210
  • 20 to 24 minutes
    109
  • 25 to 29 minutes
    154
  • 30 to 34 minutes
    170
  • 35 to 39 minutes
    115
  • 40 to 44 minutes
    64
  • 45 to 59 minutes
    166
  • 60 to 89 minutes
    57
  • 90 or more minutes
    62

We can also look at the means of transport in 47432 to see which modes of transport people are using to commute to work.

  • Drove alone
    1,731
  • Carpooled
    123
  • Public transportation
    0
  • Walked
    96
  • Other means
    4
  • Worked from home
    104

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 47432 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 47432.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "47432 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on October 4, 2022. https://namecensus.com/demographics/indiana/47432/.

  • "47432 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/indiana/47432/. Accessed 4 October, 2022

  • 47432 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/indiana/47432/.