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Zip Code 47031 Map And Demographics

Home»Indiana State»Ripley County»Milan»Zip Code 47031
  • Population
    5,245
  • Density
    85 / sqml.
  • Med. Home Value
    $127,200
  • Med. Rent
    $775

Zip Code Rankings

The table shows the top 5 positions of zip code 47031 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
#2,791 Top Zip Codes With The Highest Percentage Of People Who Drive To Work 96.56%
#3,826 Top Zip Codes With The Highest Percentage Of English Language Spoken 93%
#5,530 Top Zip Codes With The Highest Number Of Families-to-population Percentage 28.16%
#8,600 Top Zip Codes With The Highest Percentage Of Poor Households 29.71%
#9,256 Top Zip Codes With The Highest Percentage Of Poor Families Having 50 Or More Families 22.75%

Population breakdown by gender

Population in zip code 47031 is 5,245 residents | Male to Female ratio is 1:1.04 | Zip Code 47031 land area is 61.6426 sq. miles | Population density is 85.09 residents per square mile

Median age

  Median Age
Zip Code Median Age 41.8
Median Age - Male 42.1
Median Age - Female 41.4

Median age of zip code 47031 is 3.2% higher compared to nearby zip codes and 12.4% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 47031 is 8.2% higher compared to nearby zip codes and 17.6% higher compared to the United States male median age. Female zip code 47031 median age is 0.5% lower in comparison to nearby zip codes and 7.5% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 5099
Black or African American population 0
Asian population 0
American Indian and Alaska Native population 0
Native Hawaiian and other Pacific Islander population 0
Other population 23

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0.1%
Danish 0% Dutch 1.1%
English 7.8% French No Basque 2.7%
French Canadian 0% German 32.2%
Greek 0.1% Hungarian 0.1%
Irish 13% Italian 2.6%
Lithuanian 0% Norwegian 0.1%
Polish 0.3% Portuguese 0%
Russian 0.3% Scotch-Irish 1.4%
Scottish 0.7% Slovak 0%
Subsaharan African 0% Swedish 0.4%
Swiss 0% Ukrainian 0.1%
USA 17.1% Welsh 0.3%
West Indian No Hispanic Groups 0% Other Ancestries 8.6%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 1477
Married couples 81.25%
Other couples 18.75%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 22.75% 29.71%
$30,000 and $50,000 25.8% 29.81%
$50,000 and $100,000 38.46% 30.99%
$100,000 and $200,000 11.78% 8.6%
$200,000 or more 1.22% 0.89%

Households by size

Household language

Language Spoken Percent
English language 99.02%
Spanish language 0.9%
Other European language 0.08%
Asian language 0%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 2023
Detached housing units 80.52%
Attached housing units 0.89%
2 units 0.54%
3 - 4 units 1.19%
5 - 9 units 0.49%
10 - 19 units 0.3%
20 - 49 units 1.68%
50 or more units 0%
Mobile homes 14.38%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 96.56%
Use public transportation 0%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 0.75%
Work at home 2.69%

School attendance

Attendance Percent
Attent Preschool programs 2.55%
Attend Public School 18.26%
Attend college undergraduate program 3.59%
Attent graduate studies 0.46%
Not enrolled in school 75.13%

Highest school attainment

Attainment Percent
Less then 9th grade 3.99%
Grade 9 to 12, no diploma 9.5%
High school diploma 51.6%
Some college, no degree 20.74%
Associate degree 5.45%
Bachelor's degree 8.21%
Graduate or professional degree 0.51%

Business Counts by Industry

Industry Type Count
Total of all sectors 73
Construction 15
Retail Trade 14
Transportation and Warehousing 9
Other Services (except Public Administration) 8
Accommodation and Food Services 6
Health Care and Social Assistance 5
Finance and Insurance 4
Professional, Scientific, and Technical Services 3
Wholesale Trade 3
Arts, Entertainment, and Recreation 2
Real Estate and Rental and Leasing 2
Utilities 1
Administrative and Support and Waste Management and Remediation Services 1

Real Estate

Metric Value
Housing occupied 90.51%
Housing vacant 9.49%
Housing occupied by owner 78.65%
Housing occupied by tenant 21.35%
Total Rented Units 432
Median Contract Gross Rent $566
Median Gross Rent $775
Median Home Value $127,200

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 47031 median gross rent is 36.93% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $470
1 Bedroom $560
2 Bedrooms $720
3 Bedrooms $960
4 Bedrooms $1,000
AVERAGE RENT $742

Average rent in zip code 47031 ($742.00) is 5.8% lower compared to nearby zip codes and 20.7% lower compared to the average rent in the US. The following illustrates how zip code 47031 rent compares to the nearby zip code rents by unit type: studio apartment rent is 5.5% lower, one bedroom apartment rent is 4.9% lower, two bedroom rent is 5.9% lower, three bedroom rent is 6.3% lower, four bedroom rent is 6% lower.

Housing units

Housing Unit Percent
Total housing units 2235
Detached housing units 77.58%
Attached housing units 0.81%
2 units 1.21%
3 - 4 units 1.07%
5 - 9 units 1.03%
10 - 19 units 0.27%
20 - 49 units 1.52%
50 or more units 0%
Mobile homes 16.51%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $1,608,700
Real estate taxes paid for units with a mortgage $953,500
Real estate taxes paid for units with no mortgage $655,200

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 47031 to other nearby zip codes.

Zip Codes Near 47031

Zip Code City County Distance
47037 Osgood Ripley 4.99 ml
47006 Batesville Ripley 5.14 ml
47042 Versailles Ripley 5.26 ml
47034 Napoleon Ripley 8.09 ml
47023 Holton Ripley 8.1 ml
47041 Sunman Ripley 9.25 ml
47021 Friendship Ripley 10.79 ml
47017 Cross Plains Ripley 11.85 ml
47001 Aurora Dearborn 12.86 ml
47018 Dillsboro Dearborn 13.27 ml