| ZIP Code | 47246 |
|---|---|
| City | Hope |
| State | Indiana (IN) |
| County | Bartholomew County |
| Area Code | 812/930 |
| Elevation | 738 ft |
| Latitude | 39.298183 |
|---|---|
| Longitude | -85.76413 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.2 yrs ↓ 19% since 2019 |
|---|---|
| Avg Household Size | 3.26 |
| Below Poverty | 8.0% ▼ 20% below avg |
| College Grads | 29.6% ▼ 24% below avg |
| Unemployment | 1.0% ▼ 79% below avg |
| No HS Diploma | 74 (2.9%) |
| HS Graduate | 1,162 (45.7%) |
| Some College | 302 (11.9%) |
| Associates | 251 (9.9%) |
| Bachelors | 250 (9.8%) |
| Graduate Degree | 503 (19.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,106 ▲ 15% above avg ↑ 42% since 2019 |
|---|---|
| Median Home Value | $165,300 ▼ 41% below avg ↑ 30% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $1,088/mo ↑ 43% since 2019 |
| Total Units | 1,462 |
| Vacant Units | 212 |
| Avg HH Size | 3.26 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,462 |
|---|---|
| Vacant | 212 |
| Owner Occupied | 82.3% |
| Renter Occupied | 17.7% |
| Avg HH Size | 3.26 |
ZIP code 47246 is located in Hope, Indiana, within Bartholomew County. With a population of 4,142, this is a lightly populated ZIP code with a relatively young community — the median age is 34.2 years. Economically, 47246 is a middle-income ZIP code: the median household income of $88,106 is above the national average.
Real estate in ZIP code 47246 represents an affordable housing market. The median home value of $165,300 is below the national average. Renters can expect to pay around $1,088 per month in median rent. Homeownership is strong here — 82.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 30% since 2019.
The population of 47246 is primarily White (91.84%). Residents are moderately educated — 29.6% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 8.0%. Household income has grown by 42% since 2019.
The unemployment rate in 47246 stands at 1.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 47246 in Hope, IN is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 4,142 residents, a median household income of $88,106, and a median home value of $165,300, it offers a clear picture of life in this part of Indiana.