ZIP Code 47016

ZIP Code Tabulation Area in Franklin County, Indiana.

Population: 683
Median household income: $66,533
Median home value: $222,700

ZIP Code 47016 (Franklin County, Indiana) is home to about 683 residents. Its median household income of $66,533 runs below the Franklin County figure of $79,702.

Between 2019 and 2023, ZIP Code 47016's population declined 14.2% from 796 to 683, while its median gross rent fell 9.2% from $813 to $738.

16.6% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 89.0% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 683
Median age: 55.8 yrs
Median household income: $66,533
Median home value: $222,700
Median gross rent: $738
Housing units: 355
Homeownership rate: 89.0%
Bachelor's degree or higher: 16.6%
Unemployment rate: 2.1%

Trends

ACS 5-year · 2019–2023

Population

796683

Median household income

$73,421$66,533

Median home value

$161,400$222,700

Median gross rent

$813$738

Year	Population	Median household income	Median home value	Median gross rent
2019	796	$73,421	$161,400	$813
2020	707	$55,000	$173,200	$788
2021	819	$58,097	$178,900	$638
2022	785	$67,500	$208,200	$675
2023	683	$66,533	$222,700	$738

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.0%

5 to 1715.2%

18 to 240.9%

25 to 3410.7%

35 to 449.7%

45 to 5410.0%

55 to 6422.0%

65 to 7418.2%

75 and over11.4%

	Count	Share
Under 5	14	2.0%
5 to 17	104	15.2%
18 to 24	6	0.9%
25 to 34	73	10.7%
35 to 44	66	9.7%
45 to 54	68	10.0%
55 to 64	150	22.0%
65 to 74	124	18.2%
75 and over	78	11.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	671	98.2%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	12	1.8%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma1.8%

High school graduate49.4%

Some college or associate's32.2%

Bachelor's degree12.3%

Graduate or professional degree4.3%

	Count	Share
No high school diploma	10	1.8%
High school graduate	276	49.4%
Some college or associate's	180	32.2%
Bachelor's degree	69	12.3%
Graduate or professional degree	24	4.3%

Commute to work

Mean travel time to work: 50 min

Drove alone59.0%

Carpooled0.0%

Public transit0.0%

Walked3.7%

Bicycle0.0%

Worked from home20.5%

Other means16.8%

How workers get to work

	Count	Share
Drove alone	161	59.0%
Carpooled	0	0.0%
Public transit	0	0.0%
Walked	10	3.7%
Bicycle	0	0.0%
Worked from home	56	20.5%
Other means	46	16.8%

Travel time

	Count	Share
Under 15 min	34	15.7%
15 to 29 min	30	13.8%
30 to 44 min	31	14.3%
45 to 59 min	40	18.4%
60+ min	82	37.8%

Households

Average household size: 1.92
Poverty rate: 4.5% (31 of 683)

	Count	Share
Family households	239	67.3%
Nonfamily households	116	32.7%

Housing

Median year structure built: 1960

Occupancy

	Count	Share
Occupied	355	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	316	89.0%
Renter-occupied	39	11.0%

1-unit, detached95.5%

1-unit, attached0.0%

2 to 4 units3.7%

5 to 19 units0.0%

20 or more units0.3%

Mobile home & other0.6%

Units in structure

	Count	Share
1-unit, detached	339	95.5%
1-unit, attached	0	0.0%
2 to 4 units	13	3.7%
5 to 19 units	0	0.0%
20 or more units	1	0.3%
Mobile home & other	2	0.6%

ZIP Code 47016

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

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