| ZIP Code | 47164 |
|---|---|
| City | Palmyra |
| State | Indiana (IN) |
| County | Harrison County |
| Area Code | 812/930 |
| Elevation | 774 ft |
| Latitude | 38.413173 |
|---|---|
| Longitude | -86.095789 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18061 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.1 yrs ↓ 16% since 2019 |
|---|---|
| Avg Household Size | 2.45 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 27.8% ▼ 28% below avg |
| Unemployment | 3.8% ▼ 22% below avg |
| No HS Diploma | 20 (1%) |
| HS Graduate | 740 (37.9%) |
| Some College | 280 (14.3%) |
| Associates | 371 (19%) |
| Bachelors | 175 (9%) |
| Graduate Degree | 368 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,181 ▼ 19% below avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $202,000 ▼ 28% below avg ↑ 57% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $746/mo ↑ 21% since 2019 |
| Total Units | 1,554 |
| Vacant Units | 199 |
| Avg HH Size | 2.45 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,554 |
|---|---|
| Vacant | 199 |
| Owner Occupied | 78.9% |
| Renter Occupied | 21.1% |
| Avg HH Size | 2.45 |
ZIP code 47164 is located in Palmyra, Indiana, within Harrison County. With a population of 3,319, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.1 years. Economically, 47164 is a solidly middle-class ZIP code: the median household income of $62,181 is below the national average.
Real estate in ZIP code 47164 represents an affordable housing market. The median home value of $202,000 is below the national average. Renters can expect to pay around $746 per month in median rent. Homeownership is strong here — 78.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 57% since 2019.
The population of 47164 is primarily White (96.57%). Residents are moderately educated — 27.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.6%. Household income has grown by 32% since 2019.
The unemployment rate in 47164 stands at 3.8%, which is below the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 47164 in Palmyra, IN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 3,319 residents, a median household income of $62,181, and a median home value of $202,000, it offers a clear picture of life in this part of Indiana.