ZIP Code 47616 Demographics

Posey County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47616 compared to county averages.

Total Population

279

↓ 98.9% vs county

Median HH Income

$112,841

↑ +49.3% vs county

Median Home Value

$70,000

↓ 65.2% vs county

Median Age

31.7 yrs

↑ 26.3% vs county

Unemployment Rate

1.4%

↑ 49.3% vs county

Income & Housing Comparison

How ZIP 47616 compares to Posey County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47616 $113k Posey $76k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47616 $70k Posey $201k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

38.6%

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

Owner Occupancy

63.7%

of occupied housing units are owner-occupied

Median Gross Rent

$428

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47616 using local Census metrics.

Median Home Value$70,000
Down Payment (20%)$14,000
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$444P&I: $354 | Tax: $70 | Ins: $20
Rent (Local Median)
$428
Renting is CheaperRenting is estimated to save you $16/month compared to buying costs.

How Does 47616 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 47616 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47616, sorted by distance.

62844 8.2 mi away white county 62827 9.2 mi away white county 47631 9.4 mi away posey county 62861 15.8 mi away white county 62821 17.0 mi away white county 62820 18.3 mi away white county 62837 26.4 mi away wayne county 62842 30.4 mi away wayne county

About Posey County

Posey County is located in Indiana and has a total population of 25,226. The county's median household income is $75,594 and median home value is $200,900. ZIP code 47616 is one of many ZCTAs within this county.

View all ZIP codes in Posey 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.