47224 Zip Code (IN) Detailed Profile

Estimated zip code population in 2022: 525
Zip code population in 2010: 636
Zip code population in 2000: 653

March 2022 cost of living index in zip code 47224: 84.5 (less than average, U.S. average is 100)

Land area: 22.5 sq. mi.
Water area: 0.1 sq. mi.

Population density: 23 people per square mile

(very low).

For population 25 years and over in 47224:

• High school or higher: 90.0%
• Bachelor's degree or higher: 17.6%
• Graduate or professional degree: 2.6%
• Unemployed: 7.0%
• Mean travel time to work (commute): 43.4 minutes

For population 15 years and over in 47224:

• Never married: 30.3%
• Now married: 50.6%
• Separated: 0.0%
• Widowed: 7.1%
• Divorced: 12.0%

100% rural population.

Averages for the 2020 tax year for zip code 47224, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $47,262 (Individual Income Tax Returns)

Here:	$47,262
State:	$64,978

Salary/wage: $42,256 (reported on 75.0% of returns)

Here:	$42,256
State:	$55,245

(% of AGI for various income ranges: 815.0% for AGIs below $25k, 3485.0% for AGIs $25k-50k, 10123.3% for AGIs $50k-75k)

Taxable interest for individuals: $660 (reported on 20.8% of returns)

This zip code:	$660
Indiana:	$1,351

(% of AGI for various income ranges: 11.7% for AGIs below $25k, 86.7% for AGIs $50k-75k)

Profit/loss from business: +$14,225 (reported on 16.7% of returns)

Here:	+$14,225
State:	+$12,144

(% of AGI for various income ranges: 445.0% for AGIs below $25k, 755.0% for AGIs $25k-50k)

Earned income credit: $2,325 (reported on 16.7% of returns)

Here:	$2,325
State:	$2,298

(% of AGI for various income ranges: 155.0% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2020 taxes: 100.0%

Here:	100%
State:	94%

(% for various income ranges: 100.0% for AGIs below $25k, 100.0% 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 47224, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $37,464 (Individual Income Tax Returns)

Here:	$37,464
State:	$52,932

Salary/wage: $40,581 (reported on 72.7% of returns)

Here:	$40,581
State:	$45,173

(% of AGI for various income ranges: 54.0% for AGIs below $25k, 76.5% for AGIs $25k-50k, 83.9% for AGIs $50k-75k, 86.9% for AGIs $75k-100k)

Taxable interest for individuals: $825 (reported on 36.4% of returns)

This zip code:	$825
Indiana:	$1,311

Profit/loss from business: +$4,450 (reported on 18.2% of returns)

Here:	+$4,450
State:	+$11,105

Total itemized deductions: $17,275 (23% of AGI, reported on 18.2% of returns)

Here:	$17,275
State:	$20,913

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

Charity contributions: $1,800 (reported on 9.1% of returns)

Here:	$1,800
State:	$4,697

Taxes paid: $4,650 (reported on 18.2% of returns)

47224:	$4,650
State:	$7,456

Earned income credit: $2,600 (reported on 22.7% of returns)

Here:	$2,600
State:	$2,265

(% of AGI for various income ranges: 9.9% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 63.6%

Here:	64%
State:	53%

(% for various income ranges: 63.6% for AGIs below $25k, 60.0% for AGIs $25k-50k, 133.3% for AGIs $50k-75k)

Averages for the 2004 tax year for zip code 47224, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $31,804 (Individual Income Tax Returns)

Here:	$31,804
State:	$44,790

Salary/wage: $32,071 (reported on 79.4% of returns)

Here:	$32,071
State:	$39,615

(% of AGI for various income ranges: 121.3% for AGIs below $10k, 61.8% for AGIs $10k-25k, 90.6% for AGIs $25k-50k, 78.6% for AGIs $50k-75k, 79.4% for AGIs $75k-100k)

Taxable interest for individuals: $1,100 (reported on 46.7% of returns)

This zip code:	$1,100
Indiana:	$1,535

(% of AGI for various income ranges: 20.4% for AGIs below $10k, 2.1% for AGIs $10k-25k, 2.7% for AGIs $25k-50k, 0.4% for AGIs $50k-75k)

Taxable dividends: $154 (reported on 6.1% of returns)

Here:	$154
State:	$2,998

Net capital gain/loss: +$1,238 (reported on 9.8% of returns)

Here:	+$1,238
State:	+$8,619

Profit/loss from business: +$6,950 (reported on 18.7% of returns)

Here:	+$6,950
State:	+$10,071

Total itemized deductions: $11,949 (20% of AGI, reported on 18.2% of returns)

Here:	$11,949
State:	$17,065

Here:	20.0% of AGI
State:	19.5% of AGI

Charity contributions deductions: $1,684 (3% of AGI, reported on 8.9% of returns)

Here:	$1,684
State:	$3,550

Here:	3.2% of AGI
State:	3.8% of AGI

Total tax: $3,742 (reported on 70.6% of returns)

47224:	$3,742
State:	$6,914

(% of AGI for various income ranges: 5.6% for AGIs below $10k, 4.0% for AGIs $10k-25k, 5.5% for AGIs $25k-50k, 9.5% for AGIs $50k-75k, 13.3% for AGIs $75k-100k)

Earned income credit: $1,474 (reported on 17.8% of returns)

Here:	$1,474
State:	$1,685

Percentage of individuals using paid preparers for their 2004 taxes: 81.3%

Here:	81%
State:	59%

(% for various income ranges: 83.7% for AGIs below $10k, 82.9% for AGIs $10k-25k, 77.2% for AGIs $25k-50k, 81.5% for AGIs $50k-75k, 82.4% for AGIs $75k-100k)

Nearest zip codes: 47017, 47042, 47011, 47250, 47043, 47018.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 24
Household did not receive Food Stamps/SNAP in the past 12 months: 141

Women who had a birth in the past 12 months: 14 (16 now married, 0 unmarried)
Women who did not have a birth in the past 12 months: 113 (55 now married, 57 unmarried)

Housing units in zip code 47224 with a mortgage: 91 (10 second mortgage, 11 home equity loan)
Median monthly owner costs for units with a mortgage: $1,213
Median monthly owner costs for units without a mortgage: $326

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

• Zip code 47224 household income distribution in 2022

• 18$15,000 to $19,999
• 10$20,000 to $24,999
• 8$25,000 to $29,999
• 14$35,000 to $39,999
• 36$50,000 to $59,999
• 5$60,000 to $74,999
• 27$75,000 to $99,999
• 19$100,000 to $124,999
• 10$125,000 to $149,999
• 10$150,000 to $199,999

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 47224

• 10Less than $10,000
• 10$25,000 to $29,999
• 5$40,000 to $49,999
• 9$50,000 to $59,999
• 28$70,000 to $79,999
• 14$90,000 to $99,999
• 14$150,000 to $174,999
• 22$250,000 to $299,999
• 18$300,000 to $399,999
• 19$400,000 to $499,999
• 15$500,000 to $749,999

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

• White Non-Hispanic householders: $177,844
• Black or African American householders: $273,326

Mean price in 2022:

Detached houses: $244,049

Here:	$244,049
State:	$257,916

Mobile homes: $64,238

Here:	$64,238
State:	$67,116

Housing units in structures:

• One, detached: 135
• Mobile homes: 34

Unemployment: 7.0%

• Means of transportation to work in zip code 47224

• 71.1%90Drove a car alone
• 32.4%41Worked at home

• Travel time to work (commute) in zip code 47224

• 720 to 24 minutes
• 630 to 34 minutes
• 2735 to 39 minutes
• 2440 to 44 minutes
• 2360 to 89 minutes

Percentage of zip code residents living and working in this county: 38.1%

Household type by relationship:

Households: 525

• Male householders: 101 (43 living alone), Female householders: 64 (28 living alone)

• 98 spouses (98 opposite-sex spouses), 8 unmarried partners, (8 opposite-sex unmarried partners), 238 children (222 natural, 16 adopted, 0 stepchildren), 0 grandchildren, 17 brothers or sisters, 0 parents, 0 foster children, 0 other relatives, 0 non-relatives

Size of family households: 44 2-persons, 18 5-persons, 14 6-persons, 11 7-or-more-persons

Size of nonfamily households: 70 1-person, 7 2-persons

236 married couples with children.
0 single-parent households ().

92.8% of residents of 47224 zip code speak English at home.
7.2% of residents speak other Indo-European language at home (100% very well).

Facilities with environmental interests located in this zip code:

• CANAAN ELEMENTARY SCHOOL (8775 N CANAAN MAIN ST in CANAAN, IN)

  (Geographic Names Information System)
  (National Center for Education Statistics) - STATE ID-3317
  Organizations: MADISON CONSOLIDATED SCHOOLS (SCHOOL DISTRICT)
  

Housing units lacking complete plumbing facilities: 14.5%
Housing units lacking complete kitchen facilities: 5.7%

Population in 1990: 936.

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

• This state: 455
• Midwest: 16
• South: 47

51% of the 47224 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 59% lived in this county.
   Out of people who lived in different counties, 50% lived in Indiana.

101% of the 47224 zip code residents lived in the same house 1 year ago.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school):
Students in private schools in grades 9 to 12 (high school):

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

• Administrative and Support and Waste Management and Remediation Services: Solid Waste Landfill (5-9 employees: 1 establishment)
• Construction: New Single-Family Housing Construction (except Operative Builders) (5-9: 1)
• Construction: Poured Concrete Foundation and Structure Contractors (1-4: 1)
• Wholesale Trade: Service Establishment Equipment and Supplies Merchant Wholesalers (1-4: 1)

Most common first names in zip code 47224 among deceased individuals
Name	Count	Lived (average)
James	4	79.0 years
Harold	3	72.0 years
Charles	3	73.0 years
Ralph	3	82.1 years
Dale	2	84.4 years
Marie	2	82.0 years
Della	2	85.5 years
John	2	82.5 years
Eugene	2	71.0 years
Don	2	73.0 years

Most common last names in zip code 47224 among deceased individuals
Last name	Count	Lived (average)
Christman	6	76.7 years
Smith	6	76.3 years
Lanham	4	67.5 years
Herring	3	76.0 years
Cope	3	61.4 years
Mccreary	3	83.4 years
Reed	3	75.0 years
Stewart	3	81.4 years
Whitham	3	68.0 years
Farrell	2	63.4 years