47320 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47320 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityAlbany
Time ZoneAmerica/Indiana/Indianapolis
Geo Location40.27874, -85.26668
Population4413
Size86.651 square miles
Median Family Income$59890.00
Median Home Value$101100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47320 zip code. The total population is 4413, of which, 2152 are male and 2261 are female. With a total area of 86.651 square miles, the population density is 42.1 people per square mile. The median age of the population is 47.9 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
20114228
20124240
20134147
20143957
20154130
20163888
20173699
20183460
20193648
20203879
20214413

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1784%
Age 5-91834.1%
Age 10-142585.8%
Age 15-192906.6%
Age 20-241603.6
Age 25-293718.4%
Age 30-342595.9%
Age 35-391483.4%
Age 40-44145 3.3%
Age 45-494189.5%
Age 50-542636%
Age 55-593317.5%
Age 60-642806.3%
Age 65-692866.5%
Age 70-743568.1%
Age 75-792345.3%
Age 80-841463.3%
Age 85 and over1072.4%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0.9 %
  • Speaks Spanish: 0.5 %
  • Speaks Other Indo-European Language: 0.4 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 59.6 %
  • Divorced: 10.2 %
  • Separated (not divorced): 2.8 %
  • Never Married: 20.6 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47320 zip code is $59890. This is -18.19% less than the national average. This income places 5.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $21138. 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 $10,000.0030
$10,000.00 – $14,999.0011
$15,000.00 – $24,999.00130
$25,000.00 – $34,999.0054
$35,000.00 – $49,999.00217
$50,000.00 – $74,999.00403
$75,000.00 – $99,999.00266
$100,000.00 – $149,999.00189
$150,000.00 – $199,999,0075
$200,000.00 +32

YearMedian Family Income ($ USD)
201170288
201257532
201365189
201461250
201562781
201663462
201767533
201873011
201973750
202060500
202159890

Income Source# of Households
Wage or Salary1170
Self Employment152
Social Security829
Dividends, Interest, or Rental371
Retirement687
Other246

Total Insured & Uninsured Individuals: 
  • Families Insure: 3971
  • Families Uninsured: 371
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 687
  • No retirement income: 1186

Education

In the 47320 zip code, 92.2% of individuals over 25 years old have a high school degree or higher, and 17.5% have a bachelors degree or higher. Additionally, 10.3% of individuals 3 years and older are in private school, and 89.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47320 zip, there are an estimated 2065 people in the labor force, of which, 1900 are employed, and 165 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 26.8 minutes. Of the total people that work, 135 worked from home and 1857 commuted. The average number of hours worked is 39.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts635
Services344
Sales and Office308
Construction and Maintenance:183
Transportation and Material Moving430





Housing

The median home value for the 47320 zip code is 101100. There is an estimated  1873 number of occupied housing units, the median gross rent in is $675 per month, and the average monthly housing costs are estimated to be $754. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000139
$50,000 – $99,000617
$100,000 – $149,999336
$150,000 – $199,999152
$200,000 – $299,999142
$300,000 – $499,999131
$500,000 – $999,9995
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201957
2000 – 2009164
1980 – 1999166
1960 – 1979655
1940 – 1959390
1939 or earlier441

The median number of rooms in all housing units is 5.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50062
$500 – $999168
$1,000 – $1,49946
$1,500 – $1,9995
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300121
300-499412
500-799450
800-999360
1000-1499278
1500-199993
2000-249933
2500-299956
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%370
20%-24.9%286
25%-29.9%101
30%-34.9%48
35+%81



# of VehiclesHouseholds
None49
1498
2884
3+442
Home Heating Characteristics: 
  • Utility Gas: 54.1 %
  • Bottle Tank or LP Gas: 12.1 %
  • Electricity: 28.4 %
  • Oil or Kerosene etc: 2.2 %
  • Coal or Coke: 0 %
  • All Other: 2.9 %

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