| ZIP Code | 47531 |
|---|---|
| City | Evanston |
| State | Indiana (IN) |
| County | Spencer County |
| Area Code | 812/930 |
| Elevation | 387 ft |
| Latitude | 38.03971 |
|---|---|
| Longitude | -86.851428 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18147 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.7 yrs ↑ 14% since 2019 |
|---|---|
| Avg Household Size | 2.20 |
| Below Poverty | 2.1% ▼ 79% below avg |
| College Grads | 34.1% ▼ 12% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 314 (44.8%) |
| Some College | 55 (7.8%) |
| Associates | 93 (13.3%) |
| Bachelors | 103 (14.7%) |
| Graduate Degree | 136 (19.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,353 ▲ 32% above avg ↑ 133% since 2019 |
|---|---|
| Median Home Value | $258,300 ≈ Avg ↑ 84% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Total Units | 433 |
| Avg HH Size | 2.20 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 433 |
|---|---|
| Owner Occupied | 86.1% |
| Renter Occupied | 13.9% |
| Avg HH Size | 2.20 |
ZIP code 47531 is located in Evanston, Indiana, within Spencer County. With a population of 951, this is a sparsely populated ZIP code with a mature community — the median age is 50.7 years. Economically, 47531 is a upper-middle-income ZIP code: the median household income of $100,353 is above the national average.
Real estate in ZIP code 47531 represents a mid-range housing market. The median home value of $258,300 is near the national average. Homeownership is strong here — 86.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 84% since 2019.
The population of 47531 is primarily White (100.00%). Residents are moderately educated — 34.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 2.1%. Household income has grown by 133% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 91%.
Overall, ZIP code 47531 in Evanston, IN is characterized as upper-middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 951 residents, a median household income of $100,353, and a median home value of $258,300, it offers a clear picture of life in this part of Indiana.