ZIP 47016 vs ZIP 47024
A side-by-side comparison of ZIP Code 47016 and ZIP Code 47024: population, income, housing, and more.
ZIP 47016 and ZIP 47024 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47024 has the higher population (2,909 vs 683 in ZIP 47016). ZIP 47016 has the higher median household income ($66,533 vs $55,956 in ZIP 47024). ZIP 47016 has the higher median home value ($222,700 vs $114,300 in ZIP 47024).
Population, income & housing
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| Population | 683 | 2,909 |
| Median age | 55.8 yrs | 36.4 yrs |
| Median household income | $66,533 | $55,956 |
| Median home value | $222,700 | $114,300 |
| Median gross rent | $738 | $980 |
| Housing units | 355 | 1,171 |
| Homeownership rate | 89.0% | 78.3% |
| Bachelor's degree or higher | 16.6% | 5.9% |
| Unemployment rate | 2.1% | 6.1% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| Population | 796 → 683 (-14.2%) | 3,708 → 2,909 (-21.5%) |
| Median household income | $73,421 → $66,533 (-9.4%) | $59,853 → $55,956 (-6.5%) |
| Median home value | $161,400 → $222,700 (+38.0%) | $104,800 → $114,300 (+9.1%) |
| Median gross rent | $813 → $738 (-9.2%) | $671 → $980 (+46.1%) |
ZIP 47016
796683
$73,421$66,533
$161,400$222,700
$813$738
ZIP 47024
3,7082,909
$59,853$55,956
$104,800$114,300
$671$980
Age & race/ethnicity
Age distribution (share)
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| Under 5 | 2.0% | 5.5% |
| 5 to 17 | 15.2% | 18.7% |
| 18 to 24 | 0.9% | 11.4% |
| 25 to 34 | 10.7% | 13.7% |
| 35 to 44 | 9.7% | 12.4% |
| 45 to 54 | 10.0% | 16.1% |
| 55 to 64 | 22.0% | 11.4% |
| 65 to 74 | 18.2% | 5.6% |
| 75 and over | 11.4% | 5.4% |
Race & ethnicity (share)
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| White (non-Hispanic) | 98.2% | 92.6% |
| Black or African American | 0.0% | 0.7% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 0.0% | 0.0% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 1.8% | 4.3% |
| Hispanic or Latino | 0.0% | 2.4% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| No high school diploma | 1.8% | 21.1% |
| High school graduate | 49.4% | 46.9% |
| Some college or associate's | 32.2% | 26.2% |
| Bachelor's degree | 12.3% | 4.3% |
| Graduate or professional degree | 4.3% | 1.6% |
Commute to work
How workers get to work (share)
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| Drove alone | 59.0% | 84.5% |
| Carpooled | 0.0% | 11.6% |
| Public transit | 0.0% | 0.3% |
| Walked | 3.7% | 0.6% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 20.5% | 1.3% |
| Other means | 16.8% | 1.7% |
Housing
Units in structure (share)
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| 1-unit, detached | 95.5% | 77.6% |
| 1-unit, attached | 0.0% | 0.2% |
| 2 to 4 units | 3.7% | 0.6% |
| 5 to 19 units | 0.0% | 0.8% |
| 20 or more units | 0.3% | 0.5% |
| Mobile home & other | 0.6% | 20.3% |
Poverty & households
| ZIP 47016 | ZIP 47024 | |
|---|---|---|
| Poverty rate | 4.5% | 16.0% |
| Average household size | 1.92 | 2.73 |
| Mean commute (minutes) | 50 | 38 |
| Median year structure built | 1960 | 1984 |