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ZIP CODE TABULATION AREA

47016

Indiana · 773 residents · 19.0 sq mi
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ZIP 47016 is a ZIP code of 773 people in Franklin County. The median age is 58.2, about 19 years above the US median. Getting to work takes 59 minutes on average. 92% of homes are owner-occupied. Four-year degrees are less common here than nationally, at 18% of adults. The foreign-born share is 0%. Among the 5 ZIP codes in Franklin County, 47016 ranks 3rd by median household income.

$69,880
US average: $82,259
$48,066
US average: $44,673
$300,000
US average: $376,019
17.9%
US average: 35.6%
Land area
19.0 sq mi
Age, sex & households
Under 18
14.6%
Age 65+
26.5%
60.4%
39.6%
1.96 people
Race & ethnicity · 2024
2024
White, non-Hispanic97.5%(754)
Black0.4%(3)
Hispanic / Latino0%(0)
Asian0%(0)
Other2.1%(16)
6
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
4.3
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Franklin County
Income rank vs other ZIPs
LOWEST3RD OF 5HIGHEST
Adjacent ZIPs
47012$84,958
47024$57,316
Frequently asked

How many people live in ZIP code 47016?

ZIP code 47016 has about 773 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 47016?

The typical household in ZIP code 47016 earns about $69,880 a year. Half of households make more than that, and half make less.

Is ZIP code 47016 expensive?

In ZIP code 47016, the median home is worth about $300,000, and the typical rent is about $763 a month.

How educated are people in ZIP code 47016?

About 17.9% of adults age 25 and over in ZIP code 47016 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 47016?

About 3.4% of people in ZIP code 47016 live below the federal poverty line.

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Containing area
Franklin County

DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024