47342 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47342 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityGaston
Time ZoneAmerica/Indiana/Indianapolis
Geo Location40.32196, -85.51233
Population2383
Size129.848 square miles
Median Family Income$63894.00
Median Home Value$78100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47342 zip code. The total population is 2383, of which, 1192 are male and 1191 are female. With a total area of 129.848 square miles, the population density is 19.7 people per square mile. The median age of the population is 41.5 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
20112793
20123062
20132846
20142981
20152972
20162723
20172552
20182639
20192558
20202492
20212383

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1486.2%
Age 5-91375.7%
Age 10-141887.9%
Age 15-191074.5%
Age 20-241375.7
Age 25-29753.1%
Age 30-342189.1%
Age 35-391144.8%
Age 40-44151 6.3%
Age 45-491727.2%
Age 50-542149%
Age 55-59883.7%
Age 60-641486.2%
Age 65-691938.1%
Age 70-74763.2%
Age 75-79642.7%
Age 80-84763.2%
Age 85 and over773.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 1.4 %
  • Speaks Spanish: 0.6 %
  • Speaks Other Indo-European Language: 0.2 %
  • Speaks Pacific Island Languages: 0.2 %
  • Speak Other Languages: 0.4 %
Marital Status: 
  • Currently Married: 64.1 %
  • Divorced: 6.1 %
  • Separated (not divorced): 0.5 %
  • Never Married: 21.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47342 zip code is $63894. This is -26.62% less than the national average. This income places 7.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $16079. 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 $10,000.0018
$10,000.00 – $14,999.005
$15,000.00 – $24,999.0034
$25,000.00 – $34,999.0071
$35,000.00 – $49,999.00181
$50,000.00 – $74,999.0098
$75,000.00 – $99,999.00131
$100,000.00 – $149,999.00117
$150,000.00 – $199,999,0053
$200,000.00 +15

YearMedian Family Income ($ USD)
201156097
201260802
201355893
201459671
201551214
201663077
201763188
201862829
201958365
202057188
202163894

Income Source# of Households
Wage or Salary646
Self Employment56
Social Security367
Dividends, Interest, or Rental198
Retirement295
Other197

Total Insured & Uninsured Individuals: 
  • Families Insure: 2114
  • Families Uninsured: 269
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 295
  • No retirement income: 644

Education

In the 47342 zip code, 85.2% of individuals over 25 years old have a high school degree or higher, and 12.8% have a bachelors degree or higher. Additionally, 9.9% of individuals 3 years and older are in private school, and 90.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47342 zip, there are an estimated 1157 people in the labor force, of which, 1126 are employed, and 31 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 27.4 minutes. Of the total people that work, 26 worked from home and 1117 commuted. The average number of hours worked is 40.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts240
Services236
Sales and Office262
Construction and Maintenance:187
Transportation and Material Moving201





Housing

The median home value for the 47342 zip code is 78100. There is an estimated  939 number of occupied housing units, the median gross rent in is $802 per month, and the average monthly housing costs are estimated to be $768. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000191
$50,000 – $99,000253
$100,000 – $149,99975
$150,000 – $199,999126
$200,000 – $299,99957
$300,000 – $499,99938
$500,000 – $999,99913
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201921
2000 – 200972
1980 – 1999146
1960 – 1979250
1940 – 1959169
1939 or earlier281

The median number of rooms in all housing units is 6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5001
$500 – $999139
$1,000 – $1,4996
$1,500 – $1,99926
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300104
300-499167
500-799225
800-999144
1000-1499165
1500-1999113
2000-24997
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%251
20%-24.9%51
25%-29.9%9
30%-34.9%12
35+%105



# of VehiclesHouseholds
None22
1189
2387
3+341
Home Heating Characteristics: 
  • Utility Gas: 31.5 %
  • Bottle Tank or LP Gas: 27.1 %
  • Electricity: 26.7 %
  • Oil or Kerosene etc: 9.1 %
  • Coal or Coke: 0 %
  • All Other: 5.6 %

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