US Census Data

ZIP Code 47531

ZIP Code Tabulation Area in Spencer County, Indiana.

Population
951
+0.6%’19–’23
Median household income
$100,353
+132.8%’19–’23
Median home value
$258,300
+84.4%’19–’23

ZIP Code 47531 (Spencer County, Indiana) is home to about 951 residents. Its median household income of $100,353 runs above the Spencer County figure of $70,890.

Between 2019 and 2023, ZIP Code 47531's population held roughly steady from 945 to 951, while its median household income rose 132.8% from $43,113 to $100,353.

90.6% of workers drive to work alone. 96.1% of homes are single-family detached houses.

Demographics

ACS 2019–2023
Population
951
Median age
50.7 yrs
Median household income
$100,353
Median home value
$258,300
Median gross rent
Housing units
433
Homeownership rate
86.1%
Bachelor's degree or higher
19.4%
Unemployment rate
0.0%

Trends

ACS 5-year · 2019–2023
Population
945951
Median household income
$43,113$100,353
Median home value
$140,100$258,300
YearPopulationMedian household incomeMedian home value
2019945$43,113$140,100
2020837$53,750$163,600
2021781$75,357$167,700
2022897$95,980$195,400
2023951$100,353$258,300

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

Age distribution

CountShare
Under 500.0%
5 to 1712112.7%
18 to 2412913.6%
25 to 34899.4%
35 to 44626.5%
45 to 5416116.9%
55 to 6417418.3%
65 to 7412312.9%
75 and over929.7%

Race & ethnicity

CountShare
White (non-Hispanic)951100.0%
Black or African American00.0%
American Indian & Alaska Native00.0%
Asian00.0%
Native Hawaiian & Pacific Islander00.0%
Some other race00.0%
Two or more races00.0%
Hispanic or Latino (any race)00.0%

Educational attainment (age 25+)

CountShare
No high school diploma182.6%
High school graduate31645.1%
Some college or associate's23133.0%
Bachelor's degree618.7%
Graduate or professional degree7510.7%

Commute to work

Mean travel time to work
29 min

How workers get to work

CountShare
Drove alone51890.6%
Carpooled183.1%
Public transit00.0%
Walked00.0%
Bicycle00.0%
Worked from home91.6%
Other means274.7%

Travel time

CountShare
Under 15 min15126.8%
15 to 29 min14726.1%
30 to 44 min12121.5%
45 to 59 min437.6%
60+ min10117.9%

Households

Average household size
2.20
Poverty rate
2.1% (20 of 951)
CountShare
Family households30370.0%
Nonfamily households13030.0%

Housing

Median year structure built
1973

Occupancy

CountShare
Occupied433100.0%
Vacant00.0%

Tenure (of occupied units)

CountShare
Owner-occupied37386.1%
Renter-occupied6013.9%

Units in structure

CountShare
1-unit, detached41696.1%
1-unit, attached00.0%
2 to 4 units00.0%
5 to 19 units00.0%
20 or more units00.0%
Mobile home & other173.9%

Geography

ZCTA
47531
Land area
37 sq mi
Water area
0.16 sq mi
Center point
38.0397, -86.8514

Counties this ZIP covers

1

Compare with nearby ZIP codes

6

National ZIP rankings

21

Nearby ZIP codes

12