47564 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Pike County
Centroid: Latitude 38.478, Longitude -87.099
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47564 has segments in 2 Counties (Dubois, Pike).

Businesses Addresses: 28
PO Box Addresses: 85
Residential Addresses: 526

Multi-Family Addresses: 0
Single Family Addresses: 526

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

Otwell, IN 47564 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	1,244 (100%)
Population in Households	1,244 (100.0%)
Population in Families	1,013 (81.4%)
Population in Group Quarters¹	0
Population Density	33
Diversity Index²	7


INCOME
Median Household Income	$52,989
Average Household Income	$69,096
% of Income for Mortgage⁴	13%
Per Capita Income	$30,382
Wealth Index⁵	61

HOUSING
Total HU (Housing Units)	631 (100%)
Owner Occupied HU	446 (70.7%)
Renter Occupied HU	101 (16.0%)
Vacant Housing Units	84 (13.3%)
Median Home Value	$156,931
Average Home Value	$183,969
Housing Affordability Index³	216

HOUSEHOLDS
Total Households	547
Average Household Size	2.27
Family Households	367
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Otwell, IN 47564 - Peer Comparisons by Rank and Percentile

The table below compares 47564 to the other 774 ZIP Codes in Indiana by rank and percentile using July 1, 2021 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.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	-0.5%	-0.42%
Households	-0.4%	-0.37%
Families	-0.58%	-0.44%
Median Household Income		2.0%
Per Capita Income		2.26%
Owner Occupied HU		-0.27%

Variable Description	Rank	Percentile
Total Population	# 565	27th
Population Density	# 663	15th
Median Household Income	# 536	31st
Housing Affordability Index	# 321	41st
Per Capita Income	# 264	66th
Diversity Index	# 671	13th

Otwell, IN 47564 ZIP Code Profile

ZIP Code 47564: Basic Data & USPS Preferred City Name

Otwell, IN 47564 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Otwell, IN 47564 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 47564

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