| ZIP Code | 47387 |
|---|---|
| City | Straughn |
| State | Indiana (IN) |
| County | Henry County |
| Area Code | 765 |
| Elevation | 1,091 ft |
| Latitude | 39.838465 |
|---|---|
| Longitude | -85.298534 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18065 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.3 yrs ↑ 50% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 3.9% ▼ 61% below avg |
| College Grads | 14.9% ▼ 61% below avg |
| Unemployment | 0.7% ▼ 85% below avg |
| No HS Diploma | 3 (0.9%) |
| HS Graduate | 176 (50.6%) |
| Some College | 63 (18.1%) |
| Associates | 54 (15.5%) |
| Bachelors | 14 (4%) |
| Graduate Degree | 38 (10.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,071 ≈ Avg ↑ 64% since 2019 |
|---|---|
| Median Home Value | $118,800 ▼ 57% below avg ↑ 10% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $1,682/mo ↑ 123% since 2019 |
| Total Units | 304 |
| Vacant Units | 100 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 304 |
|---|---|
| Vacant | 100 |
| Owner Occupied | 87.3% |
| Renter Occupied | 12.8% |
| Avg HH Size | 2.23 |
ZIP code 47387 is located in Straughn, Indiana, within Henry County. With a population of 461, this is a sparsely populated ZIP code with an older community — the median age is 57.3 years. Economically, 47387 is a middle-income ZIP code: the median household income of $81,071 is near the national average.
Real estate in ZIP code 47387 represents one of the more affordable housing markets in the country. The median home value of $118,800 is well below the national average. Renters can expect to pay around $1,682 per month in median rent. Homeownership is strong here — 87.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 10% since 2019.
The population of 47387 is primarily White (95.01%). Residents are less-educated — 14.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 3.9%. Household income has grown by 64% since 2019.
The unemployment rate in 47387 stands at 0.7%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 47387 in Straughn, IN is characterized as middle-income, less-educated, an older community, and predominantly owner-occupied. With 461 residents, a median household income of $81,071, and a median home value of $118,800, it offers a clear picture of life in this part of Indiana.