47433 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 47433, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

47433 is a zip code in Monroe County, Morgan County, and Owen County, Indiana, which covers Bean Blossom, Richland, Washington, Baker, Ray, Harrison, Montgomery, Taylor, and Wayne, with a total population of 3,543 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 47433 zip code. The most basic data is the total population, which is the total number of people living in 47433.

The estimated population of people living in 47433 is 3,543, with a median age of 49.

We can look back at data from previous years to see how the population in the 47433 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
3,543
 -9.57% -18.79%
2020
3,918
 -3% -
2019
4,039
+3.51%
-
2018
3,902
 -10.57% -
2017
4,363
 - -

Population of 47433 by Race and Ethnicity

How much has the race and ethnicity of the population in the 47433 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
99.1%
97.7%
 +1.43%
Black/African American
0%
1%
 -100.00%
Native
0%
0%
 0.00%
Hispanic
0.1%
0%
 0.00%
Asian
0%
0.1%
 -100.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
0.7%
1.1%
 -36.36%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 47433 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 47433 by Age and Gender

We can also monitor the change of the age and gender in the 47433 zip code to track track trends in the population over time.

We can see how the population in 47433 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 49 +11.11% 44.7 +15.21% 49.5 +5.54%
2020 44.1 +0.23% 38.8 -5.6% 46.9 +3.99%
2019 44 -2% 41.1 -2.84% 45.1 -2.59%
2018 44.9 +10.59% 42.3 +14.02% 46.3 +5.47%
2017 40.6 - 37.1 - 43.9 -

The median age of the 47433 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 47433 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 9 199 +28.78% 141 -34.97% 215 83
10 to 19 456 -36.93% 361 -22.02% 301 261
20 to 29 235 -39.53% 246 -21.46% 137 193
30 to 39 287 -29.38% 234 -21.24% 202 173
40 to 49 186 -20.09% 265 -15.94% 141 221
50 to 59 428 -33.91% 385 -30.76% 292 275
60 to 69 243 +17.76% 280 -8.29% 280 256
70+ 192 +12.21% 225 +32.04% 213 300

Median Household Income

The latest median household income for the 47433 zip code is $50,671.00.

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 47433.

  • Under 25
    $64,000.00
  • 25 to 44
    $54,545.00
  • 45 to 64
    $50,324.00
  • 65 and over
    $42,292.00

Average Household Income

Whenever we ask what is the average household income in the 47433 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 47433, 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 47433 is currently $58,189.00.

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.

0.71% of households in 47433 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 47433 against other zip codes.

  • Less than $24,999
    18.99%
  • $25,000 to $49,999
    29.20%
  • $50,000 to $74,999
    25.51%
  • $75,000 to $99,999
    13.75%
  • $100,000 to $149,999
    9.28%
  • $150,000 to $199,999
    2.55%
  • $200,000 or more
    0.71%

Per Capita Income

The per capita income in 47433 is $25,038.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 47433 by the total population of 47433.

This is different from the average or mean income because it includes and accounts for all people living in the 47433 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 47433 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
    8.18%
  • Bachelor's degree
    13.96%
  • Some college or associate's degree
    5.71%
  • High school diploma or equivalent
    70.52%
  • Less than high school diploma
    1.62%

Employment

Employment rates are all based around the total population in 47433 that are over the age of 16.

Currently, the total population of the 47433 zip over the age of 16 is 2,876.

Of those people, a total of 54.70% 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 47433 is 52.80%.

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 47433 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 193 43.50% 4.80%
20 to 24 years 151 100.00% 2.00%
25 to 29 years 179 91.60% 3.70%
30 to 34 years 158 93.00% 2.00%
35 to 44 years 300 84.00% 0.80%
45 to 54 years 436 72.90% 9.40%
55 to 59 years 410 42.20% 0.00%
60 to 64 years 325 55.10% 2.80%
65 to 74 years 416 22.60% 0.00%
75 years and over 308 3.20% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 47433. 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 2,850 54.80% 3.40%
Black or African American 0 0.00% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 0 0.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 26 34.60% 0.00%
Hispanic or Latino 2 100.00% 0.00%
Not Hispanic or Latino 2,848 54.80% 3.40%

Occupations

In this section we can look at the most common occupations for people living in the 47433 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 47433 is 1,519, with median earnings of $36,891.00.

Women in 47433 are earning approximately 69.50% of the men's earnings.

Population Earnings
Total 1,519 $36,891.00
Male 753 $39,568.00
Female 766 $27,500.00

Occupations by Category

In the table below, we can break down the population and earnings for 47433 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 72 $37,500.00
Business and Financial 6 $0.00
Computer and Mathematical 9 $0.00
Architecture and Engineering 20 $57,250.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 0 $0.00
Legal 3 $0.00
Educational and Library 40 $12,143.00
Arts, Design, Entertainment, Sports, and Media 19 $0.00
Healthcare Practitioners 85 $21,635.00
Healthcare Support 53 $31,806.00
Firefighters and Protective Service 10 $0.00
Law Enforcement 12 $0.00
Food Preparation and Serving 84 $2,917.00
Building and Grounds Cleaning 94 $26,579.00
Personal Care and Service 22 $31,500.00
Sales 75 $53,661.00
Office and Administrative Support 192 $35,000.00
Farming, Fishing, and Forestry 28 $0.00
Construction and Extraction 218 $60,500.00
Installation, Maintenance, and Repair 86 $42,935.00
Production 228 $37,250.00
Transportation and Material Moving 91 $28,813.00

Occupations by Gender

Now we can also look at the occupations by category for 47433 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 47433.

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 40 $34,688.00 32 $50,500.00
Business and Financial 0 $0.00 6 $0.00
Computer and Mathematical 9 $0.00 0 $0.00
Architecture and Engineering 15 $0.00 5 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 0 $0.00 0 $0.00
Legal 3 $0.00 0 $0.00
Educational and Library 8 $0.00 32 $10,714.00
Arts, Design, Entertainment, Sports, and Media 16 $0.00 3 $0.00
Healthcare Practitioners 6 $0.00 79 $21,058.00
Healthcare Support 9 $0.00 44 $43,333.00
Firefighters and Protective Service 10 $0.00 0 $0.00
Law Enforcement 8 $0.00 4 $0.00
Food Preparation and Serving 29 $0.00 55 $2,499.00
Building and Grounds Cleaning 23 $0.00 71 $26,075.00
Personal Care and Service 7 $0.00 15 $0.00
Sales 11 $0.00 64 $52,750.00
Office and Administrative Support 30 $63,125.00 162 $32,188.00
Farming, Fishing, and Forestry 28 $0.00 0 $0.00
Construction and Extraction 198 $65,652.00 20 $0.00
Installation, Maintenance, and Repair 86 $42,935.00 0 $0.00
Production 80 $12,326.00 148 $40,417.00
Transportation and Material Moving 91 $28,813.00 0 $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 1,411 households in 47433, with an average household size of 2.48 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 894 families living in the 47433 zip code with an average family size of 3.14 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 47433:

Married Male Female Nonfamily
Total Households 664 75 155 517
Average Household Size 2.94 3.36 4.39 1.18
Total Families 664 75 155 0
Average Household Size 2.94 3.04 4.08 0

Poverty

Of the 894 families living in 47433, 7.80% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 47433:

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 1,622 housing units in 47433.

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

Total Percentage
Occupied 1,411 86.99%
Vacant 211 13.01%

22.63% of the total 1,622 housing units in 47433 are rental units. This is approximately 367 properties.

For owner-occupied housing units, a total of 987 are occupied by the owner - or 60.85% of the total.

Rental Rates

The median rent for a property in 47433 is $775.00.

In the chart below, we can look at the number of rental properties in 47433 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
    57
  • Less than $500
    66
  • $500 to $999
    197
  • $1,000 to $1,499
    98
  • $1,500 to $1,999
    6
  • $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 47433 is $129,300.00.

Just like with rental rates, we can look at the number of properties in 47433 that fall into a particular value range.

  • Less than $50,000
    34
  • $50,000 to $99,999
    356
  • $100,000 to $149,999
    173
  • $150,000 to $199,999
    146
  • $200,000 to $299,999
    231
  • $300,000 to $499,999
    34
  • $500,000 to $999,999
    11
  • $1,000,000 or more
    2

Property Age

We can also look at the age of properties in 47433. The chart below shows the number of properties in 47433 that fall into a particular age range.

  • 1939 or earlier
    230
  • 1940 to 1949
    74
  • 1950 to 1959
    95
  • 1960 to 1969
    179
  • 1970 to 1979
    150
  • 1980 to 1989
    289
  • 1990 to 1999
    362
  • 2000 to 2009
    182
  • 2010 to 2013
    61
  • 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 47433 that have a particular number of vehicles available.

  • No vehicles available
    75
  • 1 vehicle available
    410
  • 2 vehicles available
    447
  • 3 or more vehicles available
    479

Commuting to Work

In this section, we can also look at how people in 47433 get to work. The chart below shows the number of people in 47433 that commute to work in a particular way.

33.5 minutes is the average travel time to work for people in 47433.

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
    2
  • 5 to 9 minutes
    63
  • 10 to 14 minutes
    43
  • 15 to 19 minutes
    304
  • 20 to 24 minutes
    211
  • 25 to 29 minutes
    92
  • 30 to 34 minutes
    255
  • 35 to 39 minutes
    70
  • 40 to 44 minutes
    84
  • 45 to 59 minutes
    189
  • 60 to 89 minutes
    95
  • 90 or more minutes
    82

Summary

We've covered a LOT of demographic and population data for 47433 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 47433

If you want to see how the population and demographics of 47433 compare to other zip codes in Indiana, check out the list of all Indiana zip codes below: