| ZIP Code | 47234 |
|---|---|
| City | Flat Rock |
| State | Indiana (IN) |
| County | Shelby County |
| Area Code | 317/463/812/930 |
| Elevation | 767 ft |
| Latitude | 39.376089 |
|---|---|
| Longitude | -85.76842 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18145 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.8 yrs |
|---|---|
| Avg Household Size | 2.43 |
| Below Poverty | 1.5% ▼ 85% below avg |
| College Grads | 27.3% ▼ 30% below avg |
| Unemployment | 17.4% ▲ 255% above avg |
| No HS Diploma | 9 (0.8%) |
| HS Graduate | 278 (25.5%) |
| Some College | 261 (23.9%) |
| Associates | 245 (22.5%) |
| Bachelors | 128 (11.7%) |
| Graduate Degree | 169 (15.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,479 ▲ 30% above avg ↑ 66% since 2019 |
|---|---|
| Median Home Value | $179,300 ▼ 36% below avg ↑ 17% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Total Units | 681 |
| Vacant Units | 35 |
| Avg HH Size | 2.43 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 681 |
|---|---|
| Vacant | 35 |
| Owner Occupied | 83.9% |
| Renter Occupied | 16.1% |
| Avg HH Size | 2.43 |
ZIP code 47234 is located in Flat Rock, Indiana, within Shelby County. With a population of 1,571, this is a sparsely populated ZIP code with a mature community — the median age is 46.8 years. Economically, 47234 is a middle-income ZIP code: the median household income of $99,479 is above the national average.
Real estate in ZIP code 47234 represents an affordable housing market. The median home value of $179,300 is below the national average. Homeownership is strong here — 83.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 17% since 2019.
The population of 47234 is primarily White (85.81%). Residents are moderately educated — 27.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 1.5%. Household income has grown by 66% since 2019.
The unemployment rate in 47234 stands at 17.4%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 88%.
Overall, ZIP code 47234 in Flat Rock, IN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 1,571 residents, a median household income of $99,479, and a median home value of $179,300, it offers a clear picture of life in this part of Indiana.