ZIP 47116 vs ZIP 47124
A side-by-side comparison of ZIP Code 47116 and ZIP Code 47124: population, income, housing, and more.
ZIP 47116 and ZIP 47124 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47124 has the higher population (5,514 vs 436 in ZIP 47116). ZIP 47124 has the higher median household income ($111,815 vs $37,426 in ZIP 47116). ZIP 47124 has the higher median home value ($287,300 vs $114,700 in ZIP 47116).
Population, income & housing
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| Population | 436 | 5,514 |
| Median age | 59.8 yrs | 42.8 yrs |
| Median household income | $37,426 | $111,815 |
| Median home value | $114,700 | $287,300 |
| Median gross rent | — | $1,149 |
| Housing units | 405 | 1,930 |
| Homeownership rate | 93.4% | 97.7% |
| Bachelor's degree or higher | 16.1% | 35.7% |
| Unemployment rate | 9.4% | 1.5% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| Population | 681 → 436 (-36.0%) | 5,146 → 5,514 (+7.2%) |
| Median household income | $48,875 → $37,426 (-23.4%) | $80,814 → $111,815 (+38.4%) |
| Median home value | $65,100 → $114,700 (+76.2%) | $208,600 → $287,300 (+37.7%) |
| Median gross rent | — | $857 → $1,149 (+34.1%) |
ZIP 47116
681436
$48,875$37,426
$65,100$114,700
ZIP 47124
5,1465,514
$80,814$111,815
$208,600$287,300
$857$1,149
Age & race/ethnicity
Age distribution (share)
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| Under 5 | 1.6% | 4.8% |
| 5 to 17 | 8.5% | 23.8% |
| 18 to 24 | 0.0% | 4.0% |
| 25 to 34 | 3.2% | 8.3% |
| 35 to 44 | 12.8% | 14.9% |
| 45 to 54 | 13.3% | 15.7% |
| 55 to 64 | 35.1% | 12.2% |
| 65 to 74 | 19.7% | 8.9% |
| 75 and over | 5.7% | 7.4% |
Race & ethnicity (share)
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| White (non-Hispanic) | 94.7% | 92.7% |
| Black or African American | 2.5% | 0.6% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 0.0% | 1.1% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 2.8% | 2.4% |
| Hispanic or Latino | 0.0% | 3.2% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| No high school diploma | 10.7% | 2.8% |
| High school graduate | 54.3% | 31.9% |
| Some college or associate's | 18.9% | 29.6% |
| Bachelor's degree | 11.0% | 25.4% |
| Graduate or professional degree | 5.1% | 10.3% |
Commute to work
How workers get to work (share)
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| Drove alone | 74.5% | 82.4% |
| Carpooled | 0.0% | 8.9% |
| Public transit | 0.0% | 0.3% |
| Walked | 8.5% | 0.3% |
| Bicycle | 0.0% | 0.0% |
| Worked from home | 17.0% | 7.7% |
| Other means | 0.0% | 0.3% |
Housing
Units in structure (share)
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| 1-unit, detached | 63.7% | 91.6% |
| 1-unit, attached | 0.0% | 3.7% |
| 2 to 4 units | 0.0% | 0.5% |
| 5 to 19 units | 0.0% | 0.0% |
| 20 or more units | 0.0% | 0.0% |
| Mobile home & other | 36.3% | 4.1% |
Poverty & households
| ZIP 47116 | ZIP 47124 | |
|---|---|---|
| Poverty rate | 30.2% | 2.3% |
| Average household size | 2.07 | 3.03 |
| Mean commute (minutes) | 28 | 32 |
| Median year structure built | 1984 | 1993 |