47362 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 47362, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

47362 is a zip code in Henry County, Indiana, which covers Blue River, Dudley, Fall Creek, Franklin, Greensboro, Harrison, Henry, Jefferson, Liberty, Prairie, Spiceland, and Stoney Creek, with a total population of 29,463 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 47362 zip code. The most basic data is the total population, which is the total number of people living in 47362.

The estimated population of people living in 47362 is 29,463, with a median age of 42.

We can look back at data from previous years to see how the population in the 47362 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
29,463
+0.69%
-1.35%
2020
29,260
 -2.05% -
2019
29,873
 -0.46% -
2018
30,010
+0.49%
-
2017
29,865
 - -

Population of 47362 by Race and Ethnicity

How much has the race and ethnicity of the population in the 47362 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
91%
92.6%
 -1.73%
Black/African American
3.8%
3.2%
 +18.75%
Native
0.1%
0.3%
 -66.67%
Hispanic
2%
1.7%
 +17.65%
Asian
0.3%
0.6%
 -50.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.4%
1.4%
 +71.43%
Other
0.2%
0.1%
 +100.00%

This data can be very important for anybody studying the 47362 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 47362 by Age and Gender

We can also monitor the change of the age and gender in the 47362 zip code to track track trends in the population over time.

We can see how the population in 47362 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 42 +0.96% 40.9 +2.51% 43.5 -2.68%
2020 41.6 -2.35% 39.9 -1.48% 44.7 -2.4%
2019 42.6 0% 40.5 -0.49% 45.8 0%
2018 42.6 +0.47% 40.7 -0.25% 45.8 +0.44%
2017 42.4 - 40.8 - 45.6 -

The median age of the 47362 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 47362 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 1,548 +5.75% 1,556 -7.07% 1,624 1,432
10 to 19 1,929 -14.82% 1,582 +9.99% 1,658 1,728
20 to 29 2,297 +5.68% 1,435 +7.43% 2,425 1,539
30 to 39 2,013 +2.61% 1,453 +0.65% 2,064 1,455
40 to 49 2,587 -10.64% 1,749 -11.51% 2,316 1,542
50 to 59 2,071 +18.6% 2,003 -9.12% 2,481 1,819
60 to 69 2,039 -8.55% 1,827 +3% 1,864 1,869
70+ 1,497 +3.57% 2,279 -8.01% 1,548 2,099

Median Household Income

The latest median household income for the 47362 zip code is $51,628.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 47362.

  • Under 25
    $41,186.00
  • 25 to 44
    $57,611.00
  • 45 to 64
    $55,332.00
  • 65 and over
    $40,884.00

Average Household Income

Whenever we ask what is the average household income in the 47362 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 47362, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 47362 is currently $64,135.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

1.68% of households in 47362 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 47362 against other zip codes.

  • Less than $24,999
    22.65%
  • $25,000 to $49,999
    25.30%
  • $50,000 to $74,999
    23.03%
  • $75,000 to $99,999
    12.58%
  • $100,000 to $149,999
    12.22%
  • $150,000 to $199,999
    2.54%
  • $200,000 or more
    1.68%

Per Capita Income

The per capita income in 47362 is $24,820.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 47362 by the total population of 47362.

This is different from the average or mean income because it includes and accounts for all people living in the 47362 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 47362 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    8.74%
  • Bachelor's degree
    17.28%
  • Some college or associate's degree
    14.59%
  • High school diploma or equivalent
    57.28%
  • Less than high school diploma
    2.11%

Employment

Employment rates are all based around the total population in 47362 that are over the age of 16.

Currently, the total population of the 47362 zip over the age of 16 is 24,340.

Of those people, a total of 50.80% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 47362 is 48.40%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 47362 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,319 30.10% 17.60%
20 to 24 years 1,963 76.00% 8.90%
25 to 29 years 2,001 70.40% 7.50%
30 to 34 years 1,693 69.10% 4.00%
35 to 44 years 3,701 64.20% 2.00%
45 to 54 years 4,118 64.40% 4.40%
55 to 59 years 2,165 52.10% 3.60%
60 to 64 years 2,079 51.30% 0.20%
65 to 74 years 3,012 17.50% 1.70%
75 years and over 2,289 6.80% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 47362. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 22,428 52.00% 4.60%
Black or African American 1,115 36.60% 7.60%
American Indian and Alaska Native 68 0.00% 0.00%
Asian 47 74.50% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 164 74.40% 0.00%
Two or more races 518 30.10% 6.40%
Hispanic or Latino 453 26.70% 8.30%
Not Hispanic or Latino 22,225 52.20% 4.60%

Occupations

In this section we can look at the most common occupations for people living in the 47362 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 47362 is 11,774, with median earnings of $35,083.00.

Women in 47362 are earning approximately 75.90% of the men's earnings.

Population Earnings
Total 11,774 $35,083.00
Male 6,189 $41,009.00
Female 5,585 $31,126.00

Occupations by Category

In the table below, we can break down the population and earnings for 47362 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 865 $62,532.00
Business and Financial 335 $42,784.00
Computer and Mathematical 97 $65,956.00
Architecture and Engineering 199 $60,655.00
Life, Physical, and Social Science 46 $0.00
Community and Social Service 162 $33,906.00
Legal 71 $34,023.00
Educational and Library 1,099 $36,623.00
Arts, Design, Entertainment, Sports, and Media 129 $50,402.00
Healthcare Practitioners 657 $44,461.00
Healthcare Support 693 $24,614.00
Firefighters and Protective Service 26 $45,500.00
Law Enforcement 156 $39,677.00
Food Preparation and Serving 663 $11,716.00
Building and Grounds Cleaning 310 $27,143.00
Personal Care and Service 239 $28,854.00
Sales 1,125 $33,306.00
Office and Administrative Support 1,535 $30,064.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 482 $44,300.00
Installation, Maintenance, and Repair 380 $48,636.00
Production 1,412 $42,557.00
Transportation and Material Moving 427 $45,114.00

Occupations by Gender

Now we can also look at the occupations by category for 47362 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 47362.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 480 $79,375.00 385 $46,302.00
Business and Financial 90 $31,765.00 245 $43,920.00
Computer and Mathematical 75 $77,708.00 22 $29,286.00
Architecture and Engineering 199 $60,655.00 0 $0.00
Life, Physical, and Social Science 46 $0.00 0 $0.00
Community and Social Service 48 $21,875.00 114 $37,778.00
Legal 14 $0.00 57 $0.00
Educational and Library 264 $37,500.00 835 $36,623.00
Arts, Design, Entertainment, Sports, and Media 83 $51,652.00 46 $8,500.00
Healthcare Practitioners 99 $56,932.00 558 $44,095.00
Healthcare Support 132 $28,333.00 561 $24,191.00
Firefighters and Protective Service 14 $0.00 12 $0.00
Law Enforcement 146 $40,417.00 10 $0.00
Food Preparation and Serving 331 $10,889.00 332 $13,571.00
Building and Grounds Cleaning 226 $35,643.00 84 $19,688.00
Personal Care and Service 76 $53,879.00 163 $12,411.00
Sales 755 $37,396.00 370 $15,577.00
Office and Administrative Support 377 $33,533.00 1,158 $28,043.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 431 $42,313.00 51 $0.00
Installation, Maintenance, and Repair 369 $49,261.00 11 $0.00
Production 1,001 $47,148.00 411 $36,685.00
Transportation and Material Moving 388 $46,591.00 39 $23,750.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 10,731 households in 47362, with an average household size of 2.43 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 6,725 families living in the 47362 zip code with an average family size of 3.1 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 47362:

Married Male Female Nonfamily
Total Households 4,893 632 1,200 4,006
Average Household Size 3.24 3.32 2.97 1.14
Total Families 4,893 632 1,200 0
Average Household Size 3.22 2.75 2.76 0

Poverty

Of the 6,725 families living in 47362, 11.10% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 47362:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 12,384 housing units in 47362.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 10,731 86.65%
Vacant 1,653 13.35%

21.79% of the total 12,384 housing units in 47362 are rental units. This is approximately 2,698 properties.

For owner-occupied housing units, a total of 7,892 are occupied by the owner - or 63.73% of the total.

Rental Rates

The median rent for a property in 47362 is $727.00.

In the chart below, we can look at the number of rental properties in 47362 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    141
  • Less than $500
    383
  • $500 to $999
    1,977
  • $1,000 to $1,499
    245
  • $1,500 to $1,999
    93
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 47362 is $99,700.00.

Just like with rental rates, we can look at the number of properties in 47362 that fall into a particular value range.

  • Less than $50,000
    1,239
  • $50,000 to $99,999
    2,722
  • $100,000 to $149,999
    1,702
  • $150,000 to $199,999
    943
  • $200,000 to $299,999
    827
  • $300,000 to $499,999
    329
  • $500,000 to $999,999
    89
  • $1,000,000 or more
    41

Property Age

We can also look at the age of properties in 47362. The chart below shows the number of properties in 47362 that fall into a particular age range.

  • 1939 or earlier
    3,243
  • 1940 to 1949
    1,347
  • 1950 to 1959
    2,021
  • 1960 to 1969
    1,561
  • 1970 to 1979
    1,453
  • 1980 to 1989
    767
  • 1990 to 1999
    1,167
  • 2000 to 2009
    707
  • 2010 to 2013
    114
  • 2014 or later
    4

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 47362 that have a particular number of vehicles available.

  • No vehicles available
    480
  • 1 vehicle available
    3,610
  • 2 vehicles available
    3,940
  • 3 or more vehicles available
    2,701

Commuting to Work

In this section, we can also look at how people in 47362 get to work. The chart below shows the number of people in 47362 that commute to work in a particular way.

23.6 minutes is the average travel time to work for people in 47362.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    536
  • 5 to 9 minutes
    2,356
  • 10 to 14 minutes
    2,068
  • 15 to 19 minutes
    1,315
  • 20 to 24 minutes
    675
  • 25 to 29 minutes
    314
  • 30 to 34 minutes
    899
  • 35 to 39 minutes
    396
  • 40 to 44 minutes
    357
  • 45 to 59 minutes
    1,070
  • 60 to 89 minutes
    707
  • 90 or more minutes
    253

Summary

We've covered a LOT of demographic and population data for 47362 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 47362

If you want to see how the population and demographics of 47362 compare to other zip codes in Indiana, check out the list of all Indiana zip codes below: