ZIP Code 47024 Demographics

Franklin County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47024 compared to county averages.

Total Population

2,958

↓ 87.1% vs county

Median HH Income

$51,250

↓ 32.6% vs county

Median Home Value

$110,300

↓ 45.0% vs county

Median Age

34.1 yrs

↑ 18.4% vs county

Unemployment Rate

4.0%

↓ +89.3% vs county

Income & Housing Comparison

How ZIP 47024 compares to Franklin County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47024 $51k Franklin $76k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47024 $110k Franklin $201k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

5.1%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

77.0%

of occupied housing units are owner-occupied

Median Gross Rent

$856

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47024 using local Census metrics.

Median Home Value$110,300
Down Payment (20%)$22,060
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$700P&I: $558 | Tax: $110 | Ins: $32
Rent (Local Median)
$856
Buying is CheaperBuying a home is estimated to save you $156/month compared to local rents.

How Does 47024 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 47024 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47024, sorted by distance.

47030 5.1 mi away franklin county 47036 6.5 mi away franklin county 46133 9.6 mi away fayette county 47331 10.8 mi away fayette county 46173 15.0 mi away rush county 46127 17.3 mi away rush county 46146 21.0 mi away rush county 46104 24.6 mi away rush county

About Franklin County

Franklin County is located in Indiana and has a total population of 22,850. The county's median household income is $75,985 and median home value is $200,700. ZIP code 47024 is one of many ZCTAs within this county.

View all ZIP codes in Franklin County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.