| ZIP Code | 47427 |
|---|---|
| City | Coal City |
| State | Indiana (IN) |
| County | Owen County |
| Area Code | 812/930 |
| Elevation | 540 ft |
| Latitude | 39.236774 |
|---|---|
| Longitude | -87.007484 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18119 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.4 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.58 |
| Below Poverty | 4.1% ▼ 59% below avg |
| College Grads | 39.7% ≈ Avg |
| Unemployment | 5.8% ▲ 19% above avg |
| HS Graduate | 271 (46.3%) |
| Some College | 23 (3.9%) |
| Associates | 59 (10.1%) |
| Bachelors | 89 (15.2%) |
| Graduate Degree | 143 (24.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,857 ≈ Avg ↑ 38% since 2019 |
|---|---|
| Median Home Value | $118,300 ▼ 58% below avg ↑ 35% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $708/mo ↑ 24% since 2019 |
| Total Units | 528 |
| Vacant Units | 198 |
| Avg HH Size | 2.58 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 528 |
|---|---|
| Vacant | 198 |
| Owner Occupied | 76.7% |
| Renter Occupied | 23.3% |
| Avg HH Size | 2.58 |
ZIP code 47427 is located in Coal City, Indiana, within Owen County. With a population of 850, this is a sparsely populated ZIP code with a mature community — the median age is 50.4 years. Economically, 47427 is a middle-income ZIP code: the median household income of $77,857 is near the national average.
Real estate in ZIP code 47427 represents one of the more affordable housing markets in the country. The median home value of $118,300 is well below the national average. Renters can expect to pay around $708 per month in median rent. Homeownership is strong here — 76.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 47427 is primarily White (97.65%). Residents are moderately educated — 39.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 4.1%. Household income has grown by 38% since 2019.
The unemployment rate in 47427 stands at 5.8%, which is above the national average. A notably high share of workers — 26% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 64%.
Overall, ZIP code 47427 in Coal City, IN is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 850 residents, a median household income of $77,857, and a median home value of $118,300, it offers a clear picture of life in this part of Indiana.