ZIP Code 47516

ZIP Code Tabulation Area in Knox County, Indiana.

Population: 943
Median household income: $82,083
Median home value: $188,500

ZIP Code 47516 (Knox County, Indiana) is home to about 943 residents. The median household income of $82,083 is above the Knox County median ($58,863).

From 2019 to 2023, ZIP Code 47516's population declined 14.3% from 1,100 to 943, while its median gross rent rose 45.0% from $431 to $625.

The largest age group is 5 to 17, 21.4% of residents. White (non-Hispanic) residents are the largest group, 96.9% of the population.

Demographics

ACS 2019–2023

Population: 943
Median age: 41.1 yrs
Median household income: $82,083
Median home value: $188,500
Median gross rent: $625
Housing units: 409
Homeownership rate: 85.6%
Bachelor's degree or higher: 19.6%
Unemployment rate: 0.9%

Trends

ACS 5-year · 2019–2023

Population

1,100943

Median household income

$64,150$82,083

Median home value

$122,800$188,500

Median gross rent

$431$625

Year	Population	Median household income	Median home value	Median gross rent
2019	1,100	$64,150	$122,800	$431
2020	1,266	$70,125	$157,800	$430
2021	1,134	$78,625	$160,300	$625
2022	986	$69,737	$164,500	$713
2023	943	$82,083	$188,500	$625

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

Age distribution

Under 54.6%

5 to 1721.4%

18 to 249.8%

25 to 3411.6%

35 to 4410.4%

45 to 5412.8%

55 to 6415.1%

65 to 748.3%

75 and over6.2%

	Count	Share
Under 5	43	4.6%
5 to 17	202	21.4%
18 to 24	92	9.8%
25 to 34	109	11.6%
35 to 44	98	10.4%
45 to 54	121	12.8%
55 to 64	142	15.1%
65 to 74	78	8.3%
75 and over	58	6.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	914	96.9%
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	17	1.8%
Hispanic or Latino (any race)	12	1.3%

Educational attainment (age 25+)

No high school diploma3.6%

High school graduate34.3%

Some college or associate's42.4%

Bachelor's degree13.7%

Graduate or professional degree5.9%

	Count	Share
No high school diploma	22	3.6%
High school graduate	208	34.3%
Some college or associate's	257	42.4%
Bachelor's degree	83	13.7%
Graduate or professional degree	36	5.9%

Commute to work

Mean travel time to work: 20 min

Drove alone87.7%

Carpooled11.7%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home0.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	449	87.7%
Carpooled	60	11.7%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	3	0.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	179	35.2%
15 to 29 min	258	50.7%
30 to 44 min	25	4.9%
45 to 59 min	32	6.3%
60+ min	15	2.9%

Households

Average household size: 2.39
Poverty rate: 6.8% (64 of 938)

	Count	Share
Family households	280	70.9%
Nonfamily households	115	29.1%

Housing

Median year structure built: 1965

Occupancy

	Count	Share
Occupied	395	96.6%
Vacant	14	3.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	338	85.6%
Renter-occupied	57	14.4%

1-unit, detached87.5%

1-unit, attached0.0%

2 to 4 units3.2%

5 to 19 units0.0%

20 or more units0.2%

Mobile home & other9.0%

Units in structure

	Count	Share
1-unit, detached	358	87.5%
1-unit, attached	0	0.0%
2 to 4 units	13	3.2%
5 to 19 units	0	0.0%
20 or more units	1	0.2%
Mobile home & other	37	9.0%

ZIP Code 47516

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

Nearby ZIP codes