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ZIP CODE TABULATION AREA

47531

Indiana · 868 residents · 36.5 sq mi
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ZIP 47531 is home to 868 people in Spencer County. That is roughly 89% ahead of the Spencer County median. The median age is 50.7, about 12 years above the US median. Owners hold 93% of the housing stock. Four-year degrees are less common here than nationally, at 20% of adults. Median household income runs $140,595, well clear of the $82,259 US median. Among the 11 ZIP codes in Spencer County, 47531 ranks 2nd by median household income.

$140,595
US average: $82,259
$57,328
US average: $44,673
$240,500
US average: $376,019
20.1%
US average: 35.6%
Land area
36.5 sq mi
Age, sex & households
Under 18
8.1%
Age 65+
12.9%
52.5%
47.5%
2.27 people
Race & ethnicity · 2024
2024
White, non-Hispanic100%(868)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
0
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
1.7
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Spencer County
Income rank vs other ZIPs
LOWEST2ND OF 11HIGHEST
Adjacent ZIPs
47537$49,128
47550$80,625
47552$146,141
47577$52,208
Frequently asked

How many people live in ZIP code 47531?

ZIP code 47531 has about 868 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 47531?

The typical household in ZIP code 47531 earns about $140,595 a year. Half of households make more than that, and half make less.

Is ZIP code 47531 expensive?

In ZIP code 47531, the median home is worth about $240,500.

How educated are people in ZIP code 47531?

About 20.1% of adults age 25 and over in ZIP code 47531 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 47531?

About 1.4% of people in ZIP code 47531 live below the federal poverty line.

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