ZIP 47016 vs ZIP 47023
A side-by-side comparison of ZIP Code 47016 and ZIP Code 47023: population, income, housing, and more.
ZIP 47016 and ZIP 47023 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47023 has the higher population (2,076 vs 683 in ZIP 47016). ZIP 47023 has the higher median household income ($68,438 vs $66,533 in ZIP 47016). ZIP 47016 has the higher median home value ($222,700 vs $174,000 in ZIP 47023).
Population, income & housing
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| Population | 683 | 2,076 |
| Median age | 55.8 yrs | 47.8 yrs |
| Median household income | $66,533 | $68,438 |
| Median home value | $222,700 | $174,000 |
| Median gross rent | $738 | $1,053 |
| Housing units | 355 | 1,078 |
| Homeownership rate | 89.0% | 79.7% |
| Bachelor's degree or higher | 16.6% | 15.8% |
| Unemployment rate | 2.1% | 3.9% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| Population | 796 → 683 (-14.2%) | 1,665 → 2,076 (+24.7%) |
| Median household income | $73,421 → $66,533 (-9.4%) | $60,486 → $68,438 (+13.1%) |
| Median home value | $161,400 → $222,700 (+38.0%) | $99,900 → $174,000 (+74.2%) |
| Median gross rent | $813 → $738 (-9.2%) | $982 → $1,053 (+7.2%) |
ZIP 47016
796683
$73,421$66,533
$161,400$222,700
$813$738
ZIP 47023
1,6652,076
$60,486$68,438
$99,900$174,000
$982$1,053
Age & race/ethnicity
Age distribution (share)
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| Under 5 | 2.0% | 6.8% |
| 5 to 17 | 15.2% | 12.1% |
| 18 to 24 | 0.9% | 6.3% |
| 25 to 34 | 10.7% | 10.6% |
| 35 to 44 | 9.7% | 8.7% |
| 45 to 54 | 10.0% | 19.7% |
| 55 to 64 | 22.0% | 12.3% |
| 65 to 74 | 18.2% | 20.0% |
| 75 and over | 11.4% | 3.4% |
Race & ethnicity (share)
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| White (non-Hispanic) | 98.2% | 93.9% |
| Black or African American | 0.0% | 0.8% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 0.0% | 1.2% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 1.8% | 3.6% |
| Hispanic or Latino | 0.0% | 0.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| No high school diploma | 1.8% | 13.7% |
| High school graduate | 49.4% | 40.2% |
| Some college or associate's | 32.2% | 30.3% |
| Bachelor's degree | 12.3% | 7.3% |
| Graduate or professional degree | 4.3% | 8.4% |
Commute to work
How workers get to work (share)
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| Drove alone | 59.0% | 86.6% |
| Carpooled | 0.0% | 7.5% |
| Public transit | 0.0% | 0.0% |
| Walked | 3.7% | 0.3% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 20.5% | 4.3% |
| Other means | 16.8% | 1.3% |
Housing
Units in structure (share)
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| 1-unit, detached | 95.5% | 80.8% |
| 1-unit, attached | 0.0% | 0.8% |
| 2 to 4 units | 3.7% | 0.3% |
| 5 to 19 units | 0.0% | 0.0% |
| 20 or more units | 0.3% | 0.0% |
| Mobile home & other | 0.6% | 18.1% |
Poverty & households
| ZIP 47016 | ZIP 47023 | |
|---|---|---|
| Poverty rate | 4.5% | 12.6% |
| Average household size | 1.92 | 2.29 |
| Mean commute (minutes) | 50 | 38 |
| Median year structure built | 1960 | 1983 |