ZIP Code 47331 has segments in 4 Counties (Fayette, Franklin, Union, Wayne).
The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 22,712 (100%) |
Population in Households | 22,356 (98.4%) |
Population in Families | 17,301 (76.2%) |
Population in Group Quarters1 | 356 ( 1.6%) |
Population Density | 118 |
Diversity Index2 | 14 |
INCOME | |
Median Household Income | $55,320 |
Average Household Income | $69,800 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $29,771 |
Wealth Index5 | 52 |
Socioeconomic Status Index6 | Low (44.5) |
HOUSING | |
---|---|
Total HU (Housing Units) | 10,782 (100%) |
Owner Occupied HU | 6,646 (61.6%) |
Renter Occupied HU | 3,033 (28.1%) |
Vacant Housing Units | 1,103 (10.2%) |
Median Home Value | $135,068 |
Average Home Value | $179,715 |
Housing Affordability Index3 | 146 |
HOUSEHOLDS | |
Total Households | 9,679 |
Average Household Size | 2.31 |
Family Households | 6,030 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2025 | 2025-2030 |
---|---|---|
Population | -0.24% | -0.17% |
Households | 0.25% | 0.14% |
Families | -0.02% | |
Median Household Income | 2.05% | |
Per Capita Income | 2.22% | |
Owner Occupied HU | 0.31% |
The table below compares 47331 to the other 763 ZIP Codes in Indiana by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 113 | 85th |
Population Density | # 339 | 56th |
Median Household Income | # 676 | 12th |
Housing Affordability Index | # 645 | 85th |
Per Capita Income | # 635 | 17th |
Diversity Index | # 558 | 27th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.