| ZIP Code | 47324 |
|---|---|
| City | Boston |
| State | Indiana (IN) |
| County | Wayne County |
| Area Code | 765 |
| Elevation | 1,125 ft |
| Latitude | 39.741177 |
|---|---|
| Longitude | -84.851755 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18177 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.6 yrs ↓ 40% since 2019 |
|---|---|
| Avg Household Size | 2.88 |
| Below Poverty | 33.2% ▲ 232% above avg |
| College Grads | 14.7% ▼ 62% below avg |
| Unemployment | 5.6% ▲ 14% above avg |
| HS Graduate | 57 (39.9%) |
| Some College | 29 (20.3%) |
| Associates | 36 (25.2%) |
| Bachelors | 7 (4.9%) |
| Graduate Degree | 14 (9.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,734 ▼ 11% below avg ↑ 94% since 2019 |
|---|---|
| Median Home Value | $75,000 ▼ 73% below avg ↓ 6% since 2019 |
| Home/Income Ratio | 1.1x (nat avg ~3.5x) |
| Median Rent | $942/mo ↓ 2% since 2019 |
| Total Units | 100 |
| Vacant Units | 9 |
| Avg HH Size | 2.88 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 100 |
|---|---|
| Vacant | 9 |
| Owner Occupied | 50.6% |
| Renter Occupied | 49.5% |
| Avg HH Size | 2.88 |
ZIP code 47324 is located in Boston, Indiana, within Wayne County. With a population of 262, this is a sparsely populated ZIP code with a relatively young community — the median age is 33.6 years. Economically, 47324 is a solidly middle-class ZIP code: the median household income of $67,734 is near the national average.
Real estate in ZIP code 47324 represents one of the more affordable housing markets in the country. The median home value of $75,000 is well below the national average. Renters can expect to pay around $942 per month in median rent. The area has a relatively balanced mix of owners (50.6%) and renters (49.5%). Median home values have decreased by 6% since 2019.
The population of 47324 is primarily White (96.18%). Residents are less-educated — 14.7% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 33.2%. Household income has grown by 94% since 2019.
The unemployment rate in 47324 stands at 5.6%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 47324 in Boston, IN is characterized as solidly middle-class, less-educated, and a relatively young community. With 262 residents, a median household income of $67,734, and a median home value of $75,000, it offers a clear picture of life in this part of Indiana.