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ZIP CODE TABULATION AREA

47531

Indiana · 868 residents · 36.546 sq mi
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ZIP 47531 is significantly wealthier than the US average, with a median household income of $140,595. Population has held roughly steady since 2024. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $240,500. With a median age of 50.7, the population is older than the US median of 38.9. Households here earn about 89% more than the Spencer County median. Among the 11 ZIP codes in Spencer County, 47531 ranks 2nd by median household income.

$140,595
US average: $82,259
$240,500
US average: $376,019
20.1%
US average: 35.6%
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)
Diversity Score0%(0)
Housing
Commute & vehicles
Work & employment
People & community
Affordability & inequality
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