ZIP code 04747 is located in Island Falls, Maine, within Aroostook County. With a population of 1,318, this is a sparsely populated ZIP code with a mature community — the median age is 51.5 years. Economically, 04747 is a solidly middle-class ZIP code: the median household income of $61,089 is below the national average.

Real estate in ZIP code 04747 represents one of the more affordable housing markets in the country. The median home value of $116,400 is well below the national average. Renters can expect to pay around $836 per month in median rent. Homeownership is strong here — 83.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.

The population of 04747 is primarily White (89.15%). Residents are moderately educated — 31.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.6%. Household income has grown by 44% since 2019.

The unemployment rate in 04747 stands at 4.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 04747 in Island Falls, ME is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,318 residents, a median household income of $61,089, and a median home value of $116,400, it offers a clear picture of life in this part of Maine.