| ZIP Code | 47020 |
|---|---|
| City | Florence |
| State | Indiana (IN) |
| County | Switzerland County |
| Area Code | 812/930 |
| Elevation | 737 ft |
| Latitude | 38.817577 |
|---|---|
| Longitude | -84.923626 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18155 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs ↑ 39% since 2019 |
|---|---|
| Avg Household Size | 2.76 |
| Below Poverty | 7.5% ▼ 25% below avg |
| College Grads | 14.0% ▼ 64% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 313 (40.5%) |
| Some College | 263 (34.1%) |
| Associates | 88 (11.4%) |
| Bachelors | 50 (6.5%) |
| Graduate Degree | 58 (7.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,047 ▼ 13% below avg ↑ 45% since 2019 |
|---|---|
| Median Home Value | $118,100 ▼ 58% below avg ↓ 22% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Total Units | 444 |
| Vacant Units | 23 |
| Avg HH Size | 2.76 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 444 |
|---|---|
| Vacant | 23 |
| Owner Occupied | 84.1% |
| Renter Occupied | 15.9% |
| Avg HH Size | 2.76 |
ZIP code 47020 is located in Florence, Indiana, within Switzerland County. With a population of 1,164, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38.7 years. Economically, 47020 is a solidly middle-class ZIP code: the median household income of $66,047 is near the national average.
Real estate in ZIP code 47020 represents one of the more affordable housing markets in the country. The median home value of $118,100 is well below the national average. Homeownership is strong here — 84.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 22% since 2019.
The population of 47020 is primarily White (95.53%). Residents are less-educated — 14.0% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 7.5%. Household income has grown by 45% since 2019.
Overall, ZIP code 47020 in Florence, IN is characterized as solidly middle-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 1,164 residents, a median household income of $66,047, and a median home value of $118,100, it offers a clear picture of life in this part of Indiana.