47394 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 47394, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

47394 is a zip code in Randolph County, Indiana, which covers Franklin, Greensfork, Jackson, Union, Ward, Washington, Wayne, and White River, with a total population of 8,489 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 47394 zip code. The most basic data is the total population, which is the total number of people living in 47394.

The estimated population of people living in 47394 is 8,489, with a median age of 41.6.

We can look back at data from previous years to see how the population in the 47394 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
8,489
+8.51%
+3.44%
2020
7,823
 -6.13% -
2019
8,334
+2.04%
-
2018
8,167
 -0.49% -
2017
8,207
 - -

Population of 47394 by Race and Ethnicity

How much has the race and ethnicity of the population in the 47394 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
96.3%
95.6%
 +0.73%
Black/African American
0.6%
0.4%
 +50.00%
Native
0%
0%
 0.00%
Hispanic
1.1%
1%
 +10.00%
Asian
1%
0.3%
 +233.33%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
0.8%
1.3%
 -38.46%
Other
0.2%
1.3%
 -84.62%

This data can be very important for anybody studying the 47394 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 47394 by Age and Gender

We can also monitor the change of the age and gender in the 47394 zip code to track track trends in the population over time.

We can see how the population in 47394 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 41.6 -5.02% 35.2 -13.09% 45.7 -4.79%
2020 43.8 -1.13% 40.5 -0.74% 48 0%
2019 44.3 -1.34% 40.8 -3.09% 48 -0.62%
2018 44.9 +6.9% 42.1 +1.94% 48.3 +11.29%
2017 42 - 41.3 - 43.4 -

The median age of the 47394 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 47394 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 9 599 +4.14% 504 1.53% 608 483
10 to 19 450 +46.98% 439 +31.13% 681 473
20 to 29 447 +30.82% 610 -18.27% 585 501
30 to 39 436 -24.31% 455 -9.1% 326 402
40 to 49 460 +42.5% 424 +33.5% 683 568
50 to 59 578 -8.61% 546 +9.28% 490 595
60 to 69 482 -12.64% 532 +14.88% 415 596
70+ 514 -13.89% 731 -11.17% 440 643

Median Household Income

The latest median household income for the 47394 zip code is $59,970.00.

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 47394.

  • Under 25
    $26,250.00
  • 25 to 44
    $73,722.00
  • 45 to 64
    $73,897.00
  • 65 and over
    $54,940.00

Average Household Income

Whenever we ask what is the average household income in the 47394 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 47394, 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 47394 is currently $75,886.00.

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.

5.23% of households in 47394 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 47394 against other zip codes.

  • Less than $24,999
    18.96%
  • $25,000 to $49,999
    21.36%
  • $50,000 to $74,999
    23.37%
  • $75,000 to $99,999
    15.10%
  • $100,000 to $149,999
    13.80%
  • $150,000 to $199,999
    2.19%
  • $200,000 or more
    5.23%

Per Capita Income

The per capita income in 47394 is $29,702.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 47394 by the total population of 47394.

This is different from the average or mean income because it includes and accounts for all people living in the 47394 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 47394 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
    9.32%
  • Bachelor's degree
    17.91%
  • Some college or associate's degree
    13.09%
  • High school diploma or equivalent
    57.74%
  • Less than high school diploma
    1.93%

Employment

Employment rates are all based around the total population in 47394 that are over the age of 16.

Currently, the total population of the 47394 zip over the age of 16 is 6,683.

Of those people, a total of 61.90% 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 47394 is 57.60%.

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 47394 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 439 45.10% 5.10%
20 to 24 years 549 79.40% 18.80%
25 to 29 years 537 79.10% 12.00%
30 to 34 years 427 76.60% 0.00%
35 to 44 years 913 90.80% 6.00%
45 to 54 years 1,066 83.80% 6.90%
55 to 59 years 658 72.20% 5.50%
60 to 64 years 516 51.70% 0.00%
65 to 74 years 841 32.10% 0.00%
75 years and over 737 2.20% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 47394. 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 6,505 61.60% 6.60%
Black or African American 31 80.60% 0.00%
American Indian and Alaska Native 4 100.00% 0.00%
Asian 45 51.10% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 6 100.00% 0.00%
Two or more races 92 78.30% 25.00%
Hispanic or Latino 63 77.80% 0.00%
Not Hispanic or Latino 6,466 61.40% 6.60%

Occupations

In this section we can look at the most common occupations for people living in the 47394 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 47394 is 3,848, with median earnings of $39,563.00.

Women in 47394 are earning approximately 75.20% of the men's earnings.

Population Earnings
Total 3,848 $39,563.00
Male 1,864 $44,091.00
Female 1,984 $33,162.00

Occupations by Category

In the table below, we can break down the population and earnings for 47394 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 529 $54,623.00
Business and Financial 126 $75,750.00
Computer and Mathematical 22 $0.00
Architecture and Engineering 8 $0.00
Life, Physical, and Social Science 18 $0.00
Community and Social Service 55 $54,792.00
Legal 6 $0.00
Educational and Library 212 $31,071.00
Arts, Design, Entertainment, Sports, and Media 39 $2,499.00
Healthcare Practitioners 348 $64,236.00
Healthcare Support 62 $50,385.00
Firefighters and Protective Service 110 $26,944.00
Law Enforcement 66 $29,615.00
Food Preparation and Serving 263 $6,843.00
Building and Grounds Cleaning 185 $2,499.00
Personal Care and Service 109 $4,734.00
Sales 208 $19,091.00
Office and Administrative Support 341 $35,739.00
Farming, Fishing, and Forestry 35 $43,688.00
Construction and Extraction 155 $53,646.00
Installation, Maintenance, and Repair 111 $43,250.00
Production 499 $44,424.00
Transportation and Material Moving 155 $38,750.00

Occupations by Gender

Now we can also look at the occupations by category for 47394 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 47394.

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 326 $66,274.00 203 $53,148.00
Business and Financial 35 $117,813.00 91 $37,102.00
Computer and Mathematical 12 $0.00 10 $0.00
Architecture and Engineering 8 $0.00 0 $0.00
Life, Physical, and Social Science 8 $0.00 10 $0.00
Community and Social Service 12 $0.00 43 $55,509.00
Legal 6 $0.00 0 $0.00
Educational and Library 27 $0.00 185 $26,809.00
Arts, Design, Entertainment, Sports, and Media 8 $0.00 31 $0.00
Healthcare Practitioners 24 $37,750.00 324 $64,653.00
Healthcare Support 13 $0.00 49 $21,797.00
Firefighters and Protective Service 110 $26,944.00 0 $0.00
Law Enforcement 27 $34,911.00 39 $0.00
Food Preparation and Serving 156 $5,500.00 107 $7,117.00
Building and Grounds Cleaning 98 $3,077.00 87 $2,499.00
Personal Care and Service 0 $0.00 109 $4,734.00
Sales 99 $102,404.00 109 $12,438.00
Office and Administrative Support 24 $42,273.00 317 $34,191.00
Farming, Fishing, and Forestry 35 $43,688.00 0 $0.00
Construction and Extraction 148 $54,375.00 7 $0.00
Installation, Maintenance, and Repair 111 $43,250.00 0 $0.00
Production 367 $45,819.00 132 $32,500.00
Transportation and Material Moving 129 $42,957.00 26 $0.00

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 3,291 households in 47394, with an average household size of 2.51 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 2,161 families living in the 47394 zip code with an average family size of 3.11 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 47394:

Married Male Female Nonfamily
Total Households 1,618 74 469 1,130
Average Household Size 3.12 3.38 3.45 1.19
Total Families 1,618 74 469 0
Average Household Size 3.09 3.12 3.21 0

Poverty

Of the 2,161 families living in 47394, 8.00% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 47394:

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 3,688 housing units in 47394.

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

Total Percentage
Occupied 3,291 89.24%
Vacant 397 10.76%

19.60% of the total 3,688 housing units in 47394 are rental units. This is approximately 723 properties.

For owner-occupied housing units, a total of 2,466 are occupied by the owner - or 66.87% of the total.

Rental Rates

The median rent for a property in 47394 is $750.00.

In the chart below, we can look at the number of rental properties in 47394 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
    102
  • Less than $500
    124
  • $500 to $999
    470
  • $1,000 to $1,499
    129
  • $1,500 to $1,999
    0
  • $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 47394 is $88,900.00.

Just like with rental rates, we can look at the number of properties in 47394 that fall into a particular value range.

  • Less than $50,000
    343
  • $50,000 to $99,999
    1,087
  • $100,000 to $149,999
    418
  • $150,000 to $199,999
    241
  • $200,000 to $299,999
    127
  • $300,000 to $499,999
    199
  • $500,000 to $999,999
    51
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in 47394. The chart below shows the number of properties in 47394 that fall into a particular age range.

  • 1939 or earlier
    1,401
  • 1940 to 1949
    252
  • 1950 to 1959
    337
  • 1960 to 1969
    459
  • 1970 to 1979
    500
  • 1980 to 1989
    264
  • 1990 to 1999
    172
  • 2000 to 2009
    164
  • 2010 to 2013
    139
  • 2014 or later
    0

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 47394 that have a particular number of vehicles available.

  • No vehicles available
    178
  • 1 vehicle available
    1,063
  • 2 vehicles available
    1,188
  • 3 or more vehicles available
    862

Commuting to Work

In this section, we can also look at how people in 47394 get to work. The chart below shows the number of people in 47394 that commute to work in a particular way.

19.9 minutes is the average travel time to work for people in 47394.

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
    468
  • 5 to 9 minutes
    962
  • 10 to 14 minutes
    570
  • 15 to 19 minutes
    356
  • 20 to 24 minutes
    118
  • 25 to 29 minutes
    48
  • 30 to 34 minutes
    329
  • 35 to 39 minutes
    83
  • 40 to 44 minutes
    120
  • 45 to 59 minutes
    338
  • 60 to 89 minutes
    116
  • 90 or more minutes
    79

Summary

We've covered a LOT of demographic and population data for 47394 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 47394

If you want to see how the population and demographics of 47394 compare to other zip codes in Indiana, check out the list of all Indiana zip codes below: