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Zip Code 47024 Map And Demographics

Home»Indiana State»Franklin County»Laurel»Zip Code 47024
  • Population
    3,313
  • Density
    51 / sqml.
  • Med. Home Value
    $94,800
  • Med. Rent
    $673

Zip Code Rankings

The table shows the top 5 positions of zip code 47024 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#1,853 Top Zip Codes With The Highest Percentage Of Males 53.70%
#2,230 Top Zip Codes With The Highest Percentage Of Poor Families Having 50 Or More Families 38.17%
#2,838 Top Zip Codes With The Highest Percentage Of Poor Households 41.41%
#5,131 Top Zip Codes With The Highest Percentage Of English Language Spoken 92%
#5,780 Top Zip Codes With The Highest Number Of Families-to-population Percentage 28.07%

Population breakdown by gender

Population in zip code 47024 is 3,313 residents | Male to Female ratio is 1:0.86 | Zip Code 47024 land area is 65.2752 sq. miles | Population density is 50.75 residents per square mile

Median age

  Median Age
Zip Code Median Age 39.3
Median Age - Male 38.3
Median Age - Female 41.6

Median age of zip code 47024 is 0.3% higher compared to nearby zip codes and 5.6% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 47024 is 0.3% higher compared to nearby zip codes and 7% higher compared to the United States male median age. Female zip code 47024 median age is 3.7% higher in comparison to nearby zip codes and 8.1% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 3225
Black or African American population 0
Asian population 5
American Indian and Alaska Native population 15
Native Hawaiian and other Pacific Islander population 0
Other population 40

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0%
Danish 0% Dutch 0.7%
English 8.8% French No Basque 1.8%
French Canadian 0.3% German 19.8%
Greek 0% Hungarian 0%
Irish 13.6% Italian 2%
Lithuanian 0.2% Norwegian 0.2%
Polish 0.4% Portuguese 0%
Russian 0% Scotch-Irish 1%
Scottish 1.2% Slovak 0%
Subsaharan African 0% Swedish 0.4%
Swiss 0% Ukrainian 0%
USA 21.8% Welsh 0.2%
West Indian No Hispanic Groups 0% Other Ancestries 8.3%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 930
Married couples 71.61%
Other couples 28.39%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 38.17% 41.41%
$30,000 and $50,000 21.18% 24.32%
$50,000 and $100,000 32.8% 26.81%
$100,000 and $200,000 6.77% 6.66%
$200,000 or more 1.08% 0.8%

Households by size

Household language

Language Spoken Percent
English language 97.44%
Spanish language 2.11%
Other European language 0.29%
Asian language 0.16%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 1246
Detached housing units 78.97%
Attached housing units 0%
2 units 0.48%
3 - 4 units 0%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0%
Mobile homes 20.55%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 93.91%
Use public transportation 0%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 0.09%
Work at home 6.01%

School attendance

Attendance Percent
Attent Preschool programs 2.32%
Attend Public School 20.26%
Attend college undergraduate program 2.38%
Attent graduate studies 0%
Not enrolled in school 75.04%

Highest school attainment

Attainment Percent
Less then 9th grade 10.58%
Grade 9 to 12, no diploma 23.77%
High school diploma 39.73%
Some college, no degree 18.46%
Associate degree 4.85%
Bachelor's degree 2.61%
Graduate or professional degree 0%

Business Counts by Industry

Industry Type Count
Total of all sectors 24
Construction 5
Transportation and Warehousing 4
Accommodation and Food Services 4
Retail Trade 3
Health Care and Social Assistance 2
Mining, Quarrying, and Oil and Gas Extraction 2
Other Services (except Public Administration) 2
Administrative and Support and Waste Management and Remediation Services 1
Arts, Entertainment, and Recreation 1

Real Estate

Metric Value
Housing occupied 89.51%
Housing vacant 10.49%
Housing occupied by owner 76.97%
Housing occupied by tenant 23.03%
Total Rented Units 287
Median Contract Gross Rent $451
Median Gross Rent $673
Median Home Value $94,800

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 47024 median gross rent is 49.22% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $380
1 Bedroom $450
2 Bedrooms $580
3 Bedrooms $780
4 Bedrooms $810
AVERAGE RENT $600

Average rent in zip code 47024 ($600.00) is 17.8% lower compared to nearby zip codes and 35.8% lower compared to the average rent in the US. The following illustrates how zip code 47024 rent compares to the nearby zip code rents by unit type: studio apartment rent is 17.8% lower, one bedroom apartment rent is 17.5% lower, two bedroom rent is 18.1% lower, three bedroom rent is 17.8% lower, four bedroom rent is 17.7% lower.

Housing units

Housing Unit Percent
Total housing units 1392
Detached housing units 80.6%
Attached housing units 0.57%
2 units 0.43%
3 - 4 units 0%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0%
Mobile homes 18.39%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $670,600
Real estate taxes paid for units with a mortgage $439,900
Real estate taxes paid for units with no mortgage $230,700

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 47024 to other nearby zip codes.

Zip Codes Near 47024

Zip Code City County Distance
47030 Metamora Franklin 4.25 ml
47036 Oldenburg Franklin 6.47 ml
46133 Glenwood Fayette 9.64 ml
47012 Brookville Franklin 10.07 ml
47331 Connersville Fayette 12.99 ml
47263 New Point Decatur 13.6 ml
47016 Cedar Grove Franklin 15.79 ml
47041 Sunman Ripley 16.37 ml
46156 Milroy Rush 16.4 ml
47003 West College Corner Franklin 17.01 ml