47588 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47588 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityTroy
Time ZoneAmerica/Indiana/Tell_City
Geo Location38.07041, -86.77929
Population990
Size42.123 square miles
Median Family Income$53500.00
Median Home Value$102200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47588 zip code. The total population is 990, of which, 462 are male and 528 are female. With a total area of 42.123 square miles, the population density is 14.6 people per square mile. The median age of the population is 34.3 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
2011660
2012601
2013642
2014582
2015579
2016615
2017496
2018556
2019615
2020847
2021990

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 464.6%
Age 5-9666.7%
Age 10-1422823%
Age 15-19242.4%
Age 20-2480.8
Age 25-29272.7%
Age 30-3412112.2%
Age 35-3911111.2%
Age 40-4449 4.9%
Age 45-49808.1%
Age 50-54404%
Age 55-59323.2%
Age 60-64292.9%
Age 65-69606.1%
Age 70-74313.1%
Age 75-79222.2%
Age 80-84151.5%
Age 85 and over10.1%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 1 %
  • Speaks Spanish: 1 %
  • Speaks Other Indo-European Language: 0 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 66.8 %
  • Divorced: 8.3 %
  • Separated (not divorced): 1.5 %
  • Never Married: 16.3 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47588 zip code is $53500. This is -23.55% less than the national average. This income places 2.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $10804. 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 $10,000.003
$10,000.00 – $14,999.000
$15,000.00 – $24,999.000
$25,000.00 – $34,999.0010
$35,000.00 – $49,999.0053
$50,000.00 – $74,999.0081
$75,000.00 – $99,999.0052
$100,000.00 – $149,999.0040
$150,000.00 – $199,999,000
$200,000.00 +1

YearMedian Family Income ($ USD)
201166719
201249000
201357917
201448438
201551250
201653438
201758750
201864671
201964821
202049318
202153500

Income Source# of Households
Wage or Salary291
Self Employment25
Social Security105
Dividends, Interest, or Rental42
Retirement69
Other16

Total Insured & Uninsured Individuals: 
  • Families Insure: 885
  • Families Uninsured: 105
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 69
  • No retirement income: 274

Education

In the 47588 zip code, 87.5% of individuals over 25 years old have a high school degree or higher, and 18.8% have a bachelors degree or higher. Additionally, 3.1% of individuals 3 years and older are in private school, and 96.9% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47588 zip, there are an estimated 427 people in the labor force, of which, 424 are employed, and 3 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 21.6 minutes. Of the total people that work, 34 worked from home and 423 commuted. The average number of hours worked is 42.8. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts104
Services85
Sales and Office20
Construction and Maintenance:39
Transportation and Material Moving176





Housing

The median home value for the 47588 zip code is 102200. There is an estimated  343 number of occupied housing units, the median gross rent in is $827 per month, and the average monthly housing costs are estimated to be $657. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00081
$50,000 – $99,00063
$100,000 – $149,99954
$150,000 – $199,99955
$200,000 – $299,99939
$300,000 – $499,9993
$500,000 – $999,9992
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20190
2000 – 200966
1980 – 1999106
1960 – 197941
1940 – 195948
1939 or earlier82

The median number of rooms in all housing units is 5.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5003
$500 – $99935
$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 30036
300-49948
500-799116
800-99946
1000-149973
1500-199916
2000-24990
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%80
20%-24.9%22
25%-29.9%14
30%-34.9%13
35+%13



# of VehiclesHouseholds
None10
163
2111
3+159
Home Heating Characteristics: 
  • Utility Gas: 39.1 %
  • Bottle Tank or LP Gas: 16 %
  • Electricity: 39.7 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 5.2 %

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