| ZIP Code | 47003 |
|---|---|
| City | West College Corner |
| State | Indiana (IN) |
| County | Franklin County |
| Area Code | 765/812/930 |
| Elevation | 993 ft |
| Latitude | 39.559685 |
|---|---|
| Longitude | -84.834261 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18161 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.14 |
| Below Poverty | 9.3% ≈ Avg |
| College Grads | 39.7% ≈ Avg |
| Unemployment | 6.8% ▲ 38% above avg |
| No HS Diploma | 2 (0.3%) |
| HS Graduate | 275 (38.7%) |
| Some College | 89 (12.5%) |
| Associates | 63 (8.9%) |
| Bachelors | 130 (18.3%) |
| Graduate Degree | 152 (21.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,205 ≈ Avg ↑ 149% since 2019 |
|---|---|
| Median Home Value | $155,400 ▼ 44% below avg ↑ 94% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $735/mo ↑ 8% since 2019 |
| Total Units | 523 |
| Vacant Units | 37 |
| Avg HH Size | 2.14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 523 |
|---|---|
| Vacant | 37 |
| Owner Occupied | 82.7% |
| Renter Occupied | 17.3% |
| Avg HH Size | 2.14 |
ZIP code 47003 is located in West College Corner, Indiana, within Franklin County. With a population of 1,038, this is a sparsely populated ZIP code with a mature community — the median age is 48.8 years. Economically, 47003 is a middle-income ZIP code: the median household income of $79,205 is near the national average.
Real estate in ZIP code 47003 represents an affordable housing market. The median home value of $155,400 is below the national average. Renters can expect to pay around $735 per month in median rent. Homeownership is strong here — 82.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 94% since 2019.
The population of 47003 is primarily White (92.77%). Residents are moderately educated — 39.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.3%. Household income has grown by 149% since 2019.
The unemployment rate in 47003 stands at 6.8%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 47003 in West College Corner, IN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 1,038 residents, a median household income of $79,205, and a median home value of $155,400, it offers a clear picture of life in this part of Indiana.