47024 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47024 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityLaurel
Time ZoneAmerica/Indiana/Indianapolis
Geo Location39.47631, -85.20035
Population3145
Size169.315 square miles
Median Family Income$65078.00
Median Home Value$82700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47024 zip code. The total population is 3145, of which, 1623 are male and 1522 are female. With a total area of 169.315 square miles, the population density is 21.9 people per square mile. The median age of the population is 33.7 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
20113436
20123313
20133187
20143264
20153301
20163486
20173316
20183340
20193708
20203612
20213145

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1815.8%
Age 5-92397.6%
Age 10-142076.6%
Age 15-192808.9%
Age 20-242337.4
Age 25-292427.7%
Age 30-342548.1%
Age 35-391524.8%
Age 40-44208 6.6%
Age 45-491033.3%
Age 50-542989.5%
Age 55-592698.6%
Age 60-641073.4%
Age 65-691675.3%
Age 70-74501.6%
Age 75-79401.3%
Age 80-84301%
Age 85 and over852.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.3 %
  • Speaks Spanish: 1.1 %
  • Speaks Other Indo-European Language: 2.3 %
  • Speaks Pacific Island Languages: 0.1 %
  • Speak Other Languages: 0.8 %
Marital Status: 
  • Currently Married: 41.8 %
  • Divorced: 14 %
  • Separated (not divorced): 1.2 %
  • Never Married: 35.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47024 zip code is $65078. This is -20.04% less than the national average. This income places 13.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $11150. 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 $10,000.0045
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0056
$25,000.00 – $34,999.0059
$35,000.00 – $49,999.00111
$50,000.00 – $74,999.00235
$75,000.00 – $99,999.0043
$100,000.00 – $149,999.00190
$150,000.00 – $199,999,0014
$200,000.00 +9

YearMedian Family Income ($ USD)
201144485
201240896
201343690
201441795
201551938
201657642
201757868
201860140
201962275
202062099
202165078

Income Source# of Households
Wage or Salary872
Self Employment175
Social Security472
Dividends, Interest, or Rental104
Retirement316
Other134

Total Insured & Uninsured Individuals: 
  • Families Insure: 2787
  • Families Uninsured: 358
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 316
  • No retirement income: 919

Education

In the 47024 zip code, 81.7% of individuals over 25 years old have a high school degree or higher, and 9.5% have a bachelors degree or higher. Additionally, 15.9% of individuals 3 years and older are in private school, and 84.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47024 zip, there are an estimated 1616 people in the labor force, of which, 1524 are employed, and 92 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 38.8 minutes. Of the total people that work, 6 worked from home and 1524 commuted. The average number of hours worked is 40.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts374
Services257
Sales and Office231
Construction and Maintenance:226
Transportation and Material Moving436





Housing

The median home value for the 47024 zip code is 82700. There is an estimated  1235 number of occupied housing units, the median gross rent in is $816 per month, and the average monthly housing costs are estimated to be $646. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000161
$50,000 – $99,000393
$100,000 – $149,999165
$150,000 – $199,999106
$200,000 – $299,99962
$300,000 – $499,99926
$500,000 – $999,99921
$1,000,000+8

Home Year BuiltNumber of Homes
2020 or Later12
2010 – 201963
2000 – 2009176
1980 – 1999440
1960 – 1979288
1940 – 195999
1939 or earlier157

The median number of rooms in all housing units is 5.7 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50015
$500 – $999195
$1,000 – $1,49936
$1,500 – $1,99911
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300154
300-499322
500-799228
800-999177
1000-1499245
1500-199947
2000-249926
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%293
20%-24.9%32
25%-29.9%47
30%-34.9%1
35+%73



# of VehiclesHouseholds
None97
1300
2388
3+450
Home Heating Characteristics: 
  • Utility Gas: 1.2 %
  • Bottle Tank or LP Gas: 50.1 %
  • Electricity: 29.2 %
  • Oil or Kerosene etc: 1.5 %
  • Coal or Coke: 0 %
  • All Other: 17.3 %

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