ZIP Code 47847 Demographics

Vermillion County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47847 compared to county averages.

Total Population

943

↓ 93.9% vs county

Median HH Income

$52,450

↓ 11.9% vs county

Median Home Value

$56,000

↓ 43.7% vs county

Median Age

43.1 yrs

↓ +1.7% vs county

Unemployment Rate

4.4%

↑ 40.9% vs county

Income & Housing Comparison

How ZIP 47847 compares to Vermillion County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47847 $52k Vermillion $60k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47847 $56k Vermillion $99k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

7.8%

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

Owner Occupancy

87.0%

of occupied housing units are owner-occupied

Median Gross Rent

$585

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47847 using local Census metrics.

Median Home Value$56,000
Down Payment (20%)$11,200
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$355P&I: $283 | Tax: $56 | Ins: $16
Rent (Local Median)
$585
Buying is CheaperBuying a home is estimated to save you $230/month compared to local rents.

How Does 47847 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 47847 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47847, sorted by distance.

47854 4.9 mi away vermillion county 47966 6.4 mi away vermillion county 47928 7.3 mi away vermillion county 47862 8.4 mi away parke county 61846 12.3 mi away vermilion county 47832 12.9 mi away parke county 47952 13.8 mi away fountain county 47974 15.0 mi away vermillion county

About Vermillion County

Vermillion County is located in Indiana and has a total population of 15,488. The county's median household income is $59,567 and median home value is $99,400. ZIP code 47847 is one of many ZCTAs within this county.

View all ZIP codes in Vermillion 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.