47995 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: White County
Centroid: Latitude 40.759, Longitude -87.041
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47995 has segments in 2 Counties (Jasper, White).

Businesses Addresses: 67
PO Box Addresses: 47
Residential Addresses: 621

Multi-Family Addresses: 0
Single Family Addresses: 621

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

Wolcott, IN 47995 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	1,743 (100%)
Population in Households	1,737 (99.7%)
Population in Families	1,476 (84.7%)
Population in Group Quarters¹	6 ( 0.3%)
Population Density	21
Diversity Index²	15


INCOME
Median Household Income	$67,327
Average Household Income	$80,905
% of Income for Mortgage⁴	9%
Per Capita Income	$29,897
Wealth Index⁵	78

HOUSING
Total HU (Housing Units)	728 (100%)
Owner Occupied HU	493 (67.7%)
Renter Occupied HU	151 (20.7%)
Vacant Housing Units	84 (11.5%)
Median Home Value	$136,136
Average Home Value	$161,968
Housing Affordability Index³	315

HOUSEHOLDS
Total Households	644
Average Household Size	2.7
Family Households	467
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.

Wolcott, IN 47995 - Peer Comparisons by Rank and Percentile

The table below compares 47995 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	0.09%	-0.18%
Households	0.07%	-0.19%
Families	-0.11%	-0.3%
Median Household Income		2.36%
Per Capita Income		2.23%
Owner Occupied HU		-0.08%

Variable Description	Rank	Percentile
Total Population	# 492	37th
Population Density	# 741	5th
Median Household Income	# 168	78th
Housing Affordability Index	# 700	90th
Per Capita Income	# 285	63rd
Diversity Index	# 308	60th

47995 ZIP Code Profile, Map, Data & Demographics

ZIP Code 47995: Basic Data & USPS Preferred City Name

Wolcott, IN 47995 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wolcott, IN 47995 - Peer Comparisons by Rank and Percentile

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