47550 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47550 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityLamar
Time ZoneAmerica/Chicago
Geo Location38.06463, -86.92632
Population564
Size90.484 square miles
Median Family Income$100875.00
Median Home Value$150000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47550 zip code. The total population is 564, of which, 242 are male and 322 are female. With a total area of 90.484 square miles, the population density is 6.2 people per square mile. The median age of the population is 40.1 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
2011600
2012772
2013662
2014815
2015929
2016899
2017740
2018744
2019561
2020610
2021564

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 325.7%
Age 5-9559.8%
Age 10-14366.4%
Age 15-19366.4%
Age 20-24183.2
Age 25-2900%
Age 30-34569.9%
Age 35-39488.5%
Age 40-4461 10.8%
Age 45-49315.5%
Age 50-54264.6%
Age 55-59458%
Age 60-64122.1%
Age 65-69295.1%
Age 70-74468.2%
Age 75-7900%
Age 80-84122.1%
Age 85 and over213.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 3.8 %
  • Speaks Spanish: 0 %
  • Speaks Other Indo-European Language: 2.8 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0.9 %
Marital Status: 
  • Currently Married: 58 %
  • Divorced: 8.6 %
  • Separated (not divorced): 0 %
  • Never Married: 22.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47550 zip code is $100875. This is 1.72% greater than the national average. This income places 0% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $14435. 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 – $14,999.000
$15,000.00 – $24,999.004
$25,000.00 – $34,999.0011
$35,000.00 – $49,999.000
$50,000.00 – $74,999.0028
$75,000.00 – $99,999.0019
$100,000.00 – $149,999.0060
$150,000.00 – $199,999,009
$200,000.00 +0

YearMedian Family Income ($ USD)
201179444
201280560
201369744
201470441
201583942
201682422
201795227
201883583
201994250
202094750
2021100875

Income Source# of Households
Wage or Salary188
Self Employment16
Social Security72
Dividends, Interest, or Rental36
Retirement69
Other32

Total Insured & Uninsured Individuals: 
  • Families Insure: 534
  • Families Uninsured: 30
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 69
  • No retirement income: 163

Education

In the 47550 zip code, 98.7% of individuals over 25 years old have a high school degree or higher, and 20.2% have a bachelors degree or higher. Additionally, 12.8% of individuals 3 years and older are in private school, and 87.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47550 zip, there are an estimated 268 people in the labor force, of which, 268 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 26.3 minutes. Of the total people that work, 0 worked from home and 268 commuted. The average number of hours worked is 42.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts88
Services51
Sales and Office23
Construction and Maintenance:49
Transportation and Material Moving57





Housing

The median home value for the 47550 zip code is 150000. There is an estimated  232 number of occupied housing units, the median gross rent in is $0 per month, and the average monthly housing costs are estimated to be $769. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0008
$50,000 – $99,00023
$100,000 – $149,99976
$150,000 – $199,99939
$200,000 – $299,99940
$300,000 – $499,99913
$500,000 – $999,99915
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201924
2000 – 200923
1980 – 199955
1960 – 197964
1940 – 195939
1939 or earlier27

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99918
$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 30029
300-49953
500-79939
800-99916
1000-149941
1500-199939
2000-24990
2500-29990
3000+15

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%57
20%-24.9%4
25%-29.9%33
30%-34.9%15
35+%9



# of VehiclesHouseholds
None7
193
253
3+79
Home Heating Characteristics: 
  • Utility Gas: 12.1 %
  • Bottle Tank or LP Gas: 41.8 %
  • Electricity: 31.5 %
  • Oil or Kerosene etc: 4.7 %
  • Coal or Coke: 0 %
  • All Other: 9.9 %

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