47020 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47020 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityFlorence
Time ZoneAmerica/Indiana/Vevay
Geo Location38.81667, -84.9331
Population1076
Size55.938 square miles
Median Family Income$66250.00
Median Home Value$94800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47020 zip code. The total population is 1076, of which, 643 are male and 433 are female. With a total area of 55.938 square miles, the population density is 25.6 people per square mile. The median age of the population is 31.7 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20111777
20121782
20131745
20141468
20151309
20161225
20171034
20181192
20191432
20201447
20211076

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13712.7%
Age 5-91029.5%
Age 10-14948.7%
Age 15-1900%
Age 20-24191.8
Age 25-2914413.4%
Age 30-34615.7%
Age 35-39444.1%
Age 40-4459 5.5%
Age 45-491029.5%
Age 50-54262.4%
Age 55-591049.7%
Age 60-64817.5%
Age 65-69201.9%
Age 70-74423.9%
Age 75-79100.9%
Age 80-84242.2%
Age 85 and over70.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 1.8 %
  • Speaks Spanish: 0.5 %
  • Speaks Other Indo-European Language: 0 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 1.3 %
Marital Status: 
  • Currently Married: 48.7 %
  • Divorced: 13.5 %
  • Separated (not divorced): 2.3 %
  • Never Married: 26.5 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47020 zip code is $66250. This is -15.73% less than the national average. This income places 16% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $9976. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.000
$10,000.00 – $14,999.0022
$15,000.00 – $24,999.0014
$25,000.00 – $34,999.0023
$35,000.00 – $49,999.0034
$50,000.00 – $74,999.0043
$75,000.00 – $99,999.0099
$100,000.00 – $149,999.000
$150,000.00 – $199,999,0029
$200,000.00 +5

YearMedian Family Income ($ USD)
201153393
201249750
201348600
201452818
201549643
201651250
201753750
201840139
201935833
202086250
202166250

Income Source# of Households
Wage or Salary303
Self Employment40
Social Security75
Dividends, Interest, or Rental41
Retirement55
Other66

Total Insured & Uninsured Individuals: 
  • Families Insure: 1024
  • Families Uninsured: 52
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 55
  • No retirement income: 345

Education

In the 47020 zip code, 93.4% of individuals over 25 years old have a high school degree or higher, and 9% have a bachelors degree or higher. Additionally, 0% of individuals 3 years and older are in private school, and 100% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47020 zip, there are an estimated 533 people in the labor force, of which, 533 are employed, and 0 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 39.8 minutes. Of the total people that work, 0 worked from home and 533 commuted. The average number of hours worked is 42.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts119
Services160
Sales and Office60
Construction and Maintenance:86
Transportation and Material Moving108





Housing

The median home value for the 47020 zip code is 94800. There is an estimated  400 number of occupied housing units, the median gross rent in is $0 per month, and the average monthly housing costs are estimated to be $988. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00023
$50,000 – $99,000134
$100,000 – $149,99948
$150,000 – $199,99925
$200,000 – $299,99933
$300,000 – $499,9990
$500,000 – $999,99921
$1,000,000+8

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201910
2000 – 2009130
1980 – 199993
1960 – 1979106
1940 – 195927
1939 or earlier34

The median number of rooms in all housing units is 5.2 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99931
$1,000 – $1,4990
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3005
300-49945
500-79959
800-99959
1000-1499141
1500-199914
2000-24990
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%142
20%-24.9%0
25%-29.9%17
30%-34.9%0
35+%46



# of VehiclesHouseholds
None0
1105
2115
3+180
Home Heating Characteristics: 
  • Utility Gas: 0 %
  • Bottle Tank or LP Gas: 35.5 %
  • Electricity: 64.5 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.