| ZIP Code | 47550 |
|---|---|
| City | Lamar |
| State | Indiana (IN) |
| County | Spencer County |
| Area Code | 812/930 |
| Elevation | 399 ft |
| Latitude | 38.067184 |
|---|---|
| Longitude | -86.92131 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18147 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs ↓ 8% since 2019 |
|---|---|
| Avg Household Size | 2.98 |
| Below Poverty | 0.0% ▼ 100% below avg |
| College Grads | 48.7% ▲ 26% above avg |
| Unemployment | 7.6% ▲ 56% above avg |
| HS Graduate | 76 (17%) |
| Some College | 40 (8.9%) |
| Associates | 114 (25.4%) |
| Bachelors | 81 (18.1%) |
| Graduate Degree | 137 (30.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $112,396 ▲ 47% above avg ↑ 65% since 2019 |
|---|---|
| Median Home Value | $189,600 ▼ 32% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Total Units | 225 |
| Avg HH Size | 2.98 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 225 |
|---|---|
| Owner Occupied | 95.6% |
| Renter Occupied | 4.4% |
| Avg HH Size | 2.98 |
ZIP code 47550 is located in Lamar, Indiana, within Spencer County. With a population of 670, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38 years. Economically, 47550 is a upper-middle-income ZIP code: the median household income of $112,396 is above the national average.
Real estate in ZIP code 47550 represents an affordable housing market. The median home value of $189,600 is below the national average. Homeownership is strong here — 95.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.
The population of 47550 is primarily White (93.88%). Residents are well-educated — 48.7% hold a bachelor's degree or higher, which is above the national average. Household income has grown by 65% since 2019.
The unemployment rate in 47550 stands at 7.6%, which is significantly above the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 47550 in Lamar, IN is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 670 residents, a median household income of $112,396, and a median home value of $189,600, it offers a clear picture of life in this part of Indiana.