47120 Zip Code (Fredericksburg, IN) Detailed Profile

Estimated zip code population in 2022: 675
Zip code population in 2010: 938
Zip code population in 2000: 895

Houses and condos: 275
Renter-occupied apartments: 37
March 2022 cost of living index in zip code 47120: 84.1 (less than average, U.S. average is 100)

Land area: 18.6 sq. mi.
Water area: 0.2 sq. mi.

Population density: 36 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,336 (0.5%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $1,433 (0.7%)

For population 25 years and over in 47120:

• High school or higher: 84.8%
• Bachelor's degree or higher: 1.8%
• Graduate or professional degree: 1.8%
• Mean travel time to work (commute): 38.9 minutes

For population 15 years and over in 47120:

• Never married: 8.2%
• Now married: 78.5%
• Separated: 5.4%
• Widowed: 1.2%
• Divorced: 6.8%

• 
• • 66398.2%White
  • 121.8%Two or more races

100% rural population.

Averages for the 2020 tax year for zip code 47120, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $50,386 (Individual Income Tax Returns)

Here:	$50,386
State:	$64,978

Salary/wage: $47,967 (reported on 78.6% of returns)

Here:	$47,967
State:	$55,245

(% of AGI for various income ranges: 1116.0% for AGIs below $25k, 3565.6% for AGIs $25k-50k, 7582.5% for AGIs $50k-75k, 9716.7% for AGIs $75k-100k, 18520.0% for AGIs $100k-200k)

Taxable interest for individuals: $289 (reported on 21.4% of returns)

This zip code:	$289
Indiana:	$1,351

(% of AGI for various income ranges: 4.0% for AGIs below $25k, 8.9% for AGIs $25k-50k, 16.7% for AGIs $75k-100k, 30.0% for AGIs $100k-200k)

Ordinary dividends: $700 (reported on 9.5% of returns)

Here:	$700
State:	$5,827

(% of AGI for various income ranges: 70.0% for AGIs $50k-75k)

Net capital gain/loss in AGI: +$3,825 (reported on 9.5% of returns)

Here:	+$3,825
State:	+$17,730

(% of AGI for various income ranges: 382.5% for AGIs $50k-75k)

Profit/loss from business: +$16,471 (reported on 16.7% of returns)

Here:	+$16,471
State:	+$12,144

(% of AGI for various income ranges: 508.0% for AGIs below $25k, 1612.5% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $8,833 (reported on 7.1% of returns)

47120:	$8,833
Indiana:	$18,302

(% of AGI for various income ranges: 294.4% for AGIs $25k-50k)

Earned income credit: $2,643 (reported on 16.7% of returns)

Here:	$2,643
State:	$2,298

(% of AGI for various income ranges: 115.0% for AGIs below $25k, 77.8% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 97.6%

Here:	98%
State:	94%

(% for various income ranges: 100.0% for AGIs below $25k, 91.7% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 47120, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $36,802 (Individual Income Tax Returns)

Here:	$36,802
State:	$52,932

Salary/wage: $34,064 (reported on 80.5% of returns)

Here:	$34,064
State:	$45,173

(% of AGI for various income ranges: 69.6% for AGIs below $25k, 78.3% for AGIs $25k-50k, 73.6% for AGIs $50k-75k, 74.4% for AGIs $75k-100k)

Taxable interest for individuals: $745 (reported on 26.8% of returns)

This zip code:	$745
Indiana:	$1,311

(% of AGI for various income ranges: 0.8% for AGIs below $25k, 1.5% for AGIs $25k-50k, 0.1% for AGIs $75k-100k)

Ordinary dividends: $550 (reported on 9.8% of returns)

Here:	$550
State:	$4,690

Net capital gain/loss in AGI: +$1,050 (reported on 4.9% of returns)

Here:	+$1,050
State:	+$10,406

Profit/loss from business: +$7,233 (reported on 14.6% of returns)

Here:	+$7,233
State:	+$11,105

Taxable individual retirement arrangement distribution: $10,733 (reported on 7.3% of returns)

47120:	$10,733
Indiana:	$13,841

Total itemized deductions: $16,312 (23% of AGI, reported on 19.5% of returns)

Here:	$16,312
State:	$20,913

Here:	22.7% of AGI
State:	18.2% of AGI

Charity contributions: $2,700 (reported on 14.6% of returns)

Here:	$2,700
State:	$4,697

Taxes paid: $5,425 (reported on 19.5% of returns)

47120:	$5,425
State:	$7,456

Earned income credit: $2,327 (reported on 26.8% of returns)

Here:	$2,327
State:	$2,265

(% of AGI for various income ranges: 9.1% for AGIs below $25k, 1.5% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2012 taxes: 65.9%

Here:	66%
State:	53%

(% for various income ranges: 63.2% for AGIs below $25k, 63.6% for AGIs $25k-50k, 80.0% for AGIs $50k-75k, 66.7% for AGIs $75k-100k)

Averages for the 2004 tax year for zip code 47120, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $34,120 (Individual Income Tax Returns)

Here:	$34,120
State:	$44,790

Salary/wage: $32,589 (reported on 86.3% of returns)

Here:	$32,589
State:	$39,615

(% of AGI for various income ranges: 94.9% for AGIs below $10k, 82.2% for AGIs $10k-25k, 83.7% for AGIs $25k-50k, 85.8% for AGIs $50k-75k, 86.2% for AGIs $75k-100k, 66.5% for AGIs over 100k)

Taxable interest for individuals: $891 (reported on 33.1% of returns)

This zip code:	$891
Indiana:	$1,535

(% of AGI for various income ranges: 4.8% for AGIs below $10k, 1.7% for AGIs $10k-25k, 1.3% for AGIs $25k-50k, 0.3% for AGIs $50k-75k, 0.7% for AGIs $75k-100k)

Taxable dividends: $359 (reported on 9.4% of returns)

Here:	$359
State:	$2,998

Net capital gain/loss: +$1,744 (reported on 9.4% of returns)

Here:	+$1,744
State:	+$8,619

Profit/loss from business: +$3,786 (reported on 13.4% of returns)

Here:	+$3,786
State:	+$10,071

(% of AGI for various income ranges: 0.7% for AGIs below $10k, 1.9% for AGIs $10k-25k, 4.7% for AGIs $25k-50k, -0.5% for AGIs $50k-75k)

Total itemized deductions: $15,033 (22% of AGI, reported on 21.6% of returns)

Here:	$15,033
State:	$17,065

Here:	21.9% of AGI
State:	19.5% of AGI

Charity contributions deductions: $1,855 (3% of AGI, reported on 14.9% of returns)

Here:	$1,855
State:	$3,550

Here:	2.7% of AGI
State:	3.8% of AGI

Total tax: $4,013 (reported on 71.9% of returns)

47120:	$4,013
State:	$6,914

(% of AGI for various income ranges: 3.8% for AGIs below $10k, 4.0% for AGIs $10k-25k, 6.4% for AGIs $25k-50k, 8.0% for AGIs $50k-75k, 10.2% for AGIs $75k-100k, 18.5% for AGIs over 100k)

Earned income credit: $1,597 (reported on 17.3% of returns)

Here:	$1,597
State:	$1,685

Percentage of individuals using paid preparers for their 2004 taxes: 69.5%

Here:	70%
State:	59%

(% for various income ranges: 64.3% for AGIs below $10k, 66.9% for AGIs $10k-25k, 73.5% for AGIs $25k-50k, 74.0% for AGIs $50k-75k, 111.1% for AGIs $75k-100k)

Nearest zip codes: 47164, 47115, 47125, 47166, 47161, 47167.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 16
Household did not receive Food Stamps/SNAP in the past 12 months: 261

Women who did not have a birth in the past 12 months: 234 (211 now married, 24 unmarried)

Housing units in zip code 47120 with a mortgage: 187 (79 second mortgage, 81 both second mortgage and home equity loan)
Median monthly owner costs for units with a mortgage: $1,603
Median monthly owner costs for units without a mortgage: $376

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 47120 household income distribution in 2022

• 27Less than $10,000
• 11$20,000 to $24,999
• 9$25,000 to $29,999
• 46$35,000 to $39,999
• 21$45,000 to $49,999
• 12$50,000 to $59,999
• 50$60,000 to $74,999
• 31$75,000 to $99,999
• 68$150,000 to $199,999

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 47120

• 6$50,000 to $59,999
• 8$70,000 to $79,999
• 12$100,000 to $124,999
• 24$150,000 to $174,999
• 10$175,000 to $199,999
• 83$200,000 to $249,999
• 84$250,000 to $299,999
• 26$500,000 to $749,999

• Rent paid by renters in 2022 in zip code 47120

• 12$400 to $449
• 15$700 to $749
• 9No cash rent

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $284,886
• Hispanic or Latino householders: $388,481

Estimated median house or condo value in 2022: $264,512 Lower value quartile - upper value quartile: $205,539 - $307,993

Mean price in 2022:

Detached houses: $251,335

Here:	$251,335
State:	$257,916

Housing units in structures:

• One, detached: 236
• Mobile homes: 36

• Means of transportation to work in zip code 47120

• 62.9%285Drove a car alone
• 8.6%39Carpooled
• 10.8%49Other means
• 21.4%97Worked at home

• Travel time to work (commute) in zip code 47120

• 2315 to 19 minutes
• 1325 to 29 minutes
• 14830 to 34 minutes
• 7035 to 39 minutes
• 1240 to 44 minutes
• 8845 to 59 minutes
• 890 or more minutes

Percentage of zip code residents living and working in this county: 46.8%

Household type by relationship:

Households: 675

• Male householders: 174 (9 living alone), Female householders: 104 (8 living alone)

• 193 spouses (193 opposite-sex spouses), 75 unmarried partners, (75 opposite-sex unmarried partners), 130 children (130 natural, 0 adopted, 0 stepchildren), 6 grandchildren, 0 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 0 non-relatives

Size of family households: 144 2-persons, 68 3-persons, 8 5-persons, 12 6-persons

Size of nonfamily households: 17 1-person, 28 2-persons

98.8% of residents of 47120 zip code speak English at home.

Population in 1990: 1,846.

Place of birth for U.S.-born residents:

• This state: 473
• Northeast: 57
• Midwest: 21
• South: 116

62% of the 47120 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 50% lived in this county.
   Out of people who lived in different counties, 50% lived in Indiana.

82% of the 47120 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 35% moved from different county within same state.
   Out of people who lived in different houses, 66% moved from different state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school):
Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Wholesale Trade: Wholesale Trade Agents and Brokers (5-9 employees: 1 establishment)
• Professional, Scientific, and Technical Services: Other Services Related to Advertising (1-4: 1)
• Other Services (except Public Administration): General Automotive Repair (1-4: 1)
• Construction: Site Preparation Contractors (1-4: 1)
• Construction: New Single-Family Housing Construction (except Operative Builders) (1-4: 1)

Most common first names in zip code 47120 among deceased individuals
Name	Count	Lived (average)
Charles	7	70.3 years
William	6	79.5 years
Mary	6	78.5 years
James	5	58.2 years
John	5	73.0 years
Paul	4	49.2 years
Joseph	3	75.3 years
Leona	3	75.0 years
Ernest	3	77.7 years
Jesse	3	73.7 years

Most common last names in zip code 47120 among deceased individuals
Last name	Count	Lived (average)
Morgan	6	80.1 years
Ragains	6	82.0 years
Lofton	4	75.7 years
May	4	78.5 years
Roll	4	83.7 years
Duncan	3	71.3 years
Gammon	3	60.7 years
Link	3	64.7 years
Long	3	74.7 years
Moore	3	80.0 years