47987 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47987 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityVeedersburg
Time ZoneAmerica/Indiana/Indianapolis
Geo Location40.1233, -87.22674
Population3846
Size320.787 square miles
Median Family Income$71086.00
Median Home Value$109100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47987 zip code. The total population is 3846, of which, 1940 are male and 1906 are female. With a total area of 320.787 square miles, the population density is 12.7 people per square mile. The median age of the population is 43.6 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
20113918
20123802
20133939
20143870
20153836
20163882
20174089
20184045
20194074
20204182
20213846

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1935%
Age 5-92306%
Age 10-141985.1%
Age 15-192697%
Age 20-241764.6
Age 25-291915%
Age 30-341844.8%
Age 35-392877.5%
Age 40-44254 6.6%
Age 45-492536.6%
Age 50-542857.4%
Age 55-592877.5%
Age 60-643258.5%
Age 65-692626.8%
Age 70-741844.8%
Age 75-791293.4%
Age 80-84782%
Age 85 and over611.6%


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: 52.5 %
  • Divorced: 15.5 %
  • Separated (not divorced): 1.6 %
  • Never Married: 24.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47987 zip code is $71086. This is -19.91% less than the national average. This income places 7.8% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $11961. 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 $10,000.0022
$10,000.00 – $14,999.0014
$15,000.00 – $24,999.0040
$25,000.00 – $34,999.00109
$35,000.00 – $49,999.00184
$50,000.00 – $74,999.00294
$75,000.00 – $99,999.00213
$100,000.00 – $149,999.00183
$150,000.00 – $199,999,0026
$200,000.00 +44

YearMedian Family Income ($ USD)
201153443
201252989
201355747
201456066
201557750
201656857
201756625
201856950
201966696
202059457
202171086

Income Source# of Households
Wage or Salary1173
Self Employment207
Social Security642
Dividends, Interest, or Rental244
Retirement401
Other283

Total Insured & Uninsured Individuals: 
  • Families Insure: 3224
  • Families Uninsured: 622
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 401
  • No retirement income: 1144

Education

In the 47987 zip code, 85.3% of individuals over 25 years old have a high school degree or higher, and 10.8% have a bachelors degree or higher. Additionally, 18.5% of individuals 3 years and older are in private school, and 81.5% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47987 zip, there are an estimated 1941 people in the labor force, of which, 1853 are employed, and 88 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 22.5 minutes. Of the total people that work, 28 worked from home and 1779 commuted. The average number of hours worked is 40.7. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts503
Services264
Sales and Office225
Construction and Maintenance:313
Transportation and Material Moving548





Housing

The median home value for the 47987 zip code is 109100. There is an estimated  1545 number of occupied housing units, the median gross rent in is $694 per month, and the average monthly housing costs are estimated to be $715. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000198
$50,000 – $99,000376
$100,000 – $149,999308
$150,000 – $199,999145
$200,000 – $299,999186
$300,000 – $499,99962
$500,000 – $999,99923
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later10
2010 – 201954
2000 – 200999
1980 – 1999253
1960 – 1979341
1940 – 1959261
1939 or earlier527

The median number of rooms in all housing units is 5.9 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50013
$500 – $999194
$1,000 – $1,4996
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300206
300-499247
500-799377
800-999258
1000-1499346
1500-199977
2000-24990
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%406
20%-24.9%128
25%-29.9%47
30%-34.9%76
35+%81



# of VehiclesHouseholds
None87
1411
2471
3+576
Home Heating Characteristics: 
  • Utility Gas: 49 %
  • Bottle Tank or LP Gas: 25 %
  • Electricity: 18.1 %
  • Oil or Kerosene etc: 1.2 %
  • Coal or Coke: 0 %
  • All Other: 6.1 %

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