US ZIP Code
47516

Bruceville, IN

Knox County  ·  Indiana

● Active
👥 943 Population ↓ 14% since 2019
💰 $82,083 Median HH Income
▲ 8% above avg ↑ 28% since 2019
🎂 41.1 Median Age ↓ 13% since 2019
🏠 $188,500 Median Home Value
▼ 32% below avg ↑ 54% since 2019
🎓 39.5% College Grads
≈ Avg
📊 1.0% Unemployment
▼ 81% below avg ↓ 26% since 2019
ZIP Code Details
ZIP Code47516
CityBruceville
StateIndiana (IN)
CountyKnox County
Area Code812/930
Elevation511 ft
Latitude38.771006
Longitude-87.419265
TimezoneIndiana/Indianapolis (DST)
FIPS18083
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 55.0% (519) Female 45.0% (424) ♀

Race & Ethnicity

White: 96.9%Hispanic: 1.3%Other: 1.8%Race
White96.9%
Hispanic1.3%
Other1.8%

Age Breakdown

Under 5
5%
5–17
21%
18–24
10%
25–44
22%
45–64
28%
65+
7%

Key Indicators

Median Age41.1 yrs ↓ 13% since 2019
Avg Household Size2.39
Below Poverty6.8% ▼ 32% below avg
College Grads39.5% ≈ Avg
Unemployment1.0% ▼ 81% below avg
HS Graduate173 (29.4%)
Some College109 (18.5%)
Associates74 (12.6%)
Bachelors123 (20.9%)
Graduate Degree109 (18.5%)

Education

HS Grad: 29.4%Some College: 18.5%Associates: 12.6%Bachelors: 20.9%Graduate: 18.5%Edu
HS Grad29.4%
Some College18.5%
Associates12.6%
Bachelors20.9%
Graduate18.5%
Housing & Income

Housing Tenure

Owner: 85.6%Renter: 14.4%Tenure
Owner85.6%
Renter14.4%

Home Value Distribution

Under $50k
13%
$50k–100k
18%
$100k–150k
8%
$150k–200k
14%
$200k–300k
21%
$300k–500k
26%

Financials

Median HH Income$82,083 ▲ 8% above avg ↑ 28% since 2019
Median Home Value$188,500 ▼ 32% below avg ↑ 54% since 2019
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$625/mo ↑ 45% since 2019
Total Units409
Vacant Units14
Avg HH Size2.39

Income Distribution

Under $25k
14%
$25k–50k
17%
$50k–75k
17%
$75k–100k
17%
$100k–150k
21%
$150k–200k
7%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
99%
Work From Home
1%

Commute Time

Under 15 min
35%
15–30 min
51%
30–45 min
5%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
9%
1960s–1970s
14%
1980s–1990s
10%
2000+
65%

Summary

Total Units409
Vacant14
Owner Occupied85.6%
Renter Occupied14.4%
Avg HH Size2.39
Frequently Asked Questions
ZIP code 47516 is in Bruceville, IN, in Knox County.
ZIP code 47516 is located in Indiana (IN).
ZIP code 47516 is in Knox County, IN.
ZIP 47516 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 47516 is 943 people (ACS 2023).
The median household income in ZIP code 47516 is $82,083 (ACS 2023).
The median home value in ZIP 47516 is $188,500 (ACS 2023).
About ZIP Code 47516

ZIP code 47516 is located in Bruceville, Indiana, within Knox County. With a population of 943, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.1 years. Economically, 47516 is a middle-income ZIP code: the median household income of $82,083 is near the national average.

Real estate in ZIP code 47516 represents an affordable housing market. The median home value of $188,500 is below the national average. Renters can expect to pay around $625 per month in median rent. Homeownership is strong here — 85.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 54% since 2019.

The population of 47516 is primarily White (96.92%). Residents are moderately educated — 39.5% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 6.8%. Household income has grown by 28% since 2019.

The unemployment rate in 47516 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 88%.

Overall, ZIP code 47516 in Bruceville, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 943 residents, a median household income of $82,083, and a median home value of $188,500, it offers a clear picture of life in this part of Indiana.