| ZIP Code | 47597 |
|---|---|
| City | Wheatland |
| State | Indiana (IN) |
| County | Knox County |
| Area Code | 812/930 |
| Elevation | 491 ft |
| Latitude | 38.641615 |
|---|---|
| Longitude | -87.295384 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18083 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.7 yrs ↑ 18% since 2019 |
|---|---|
| Avg Household Size | 2.59 |
| Below Poverty | 4.5% ▼ 55% below avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 10 (1.9%) |
| HS Graduate | 190 (35.4%) |
| Some College | 84 (15.6%) |
| Associates | 90 (16.8%) |
| Bachelors | 141 (26.3%) |
| Graduate Degree | 22 (4.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,409 ▼ 10% below avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $140,000 ▼ 50% below avg ↑ 103% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $729/mo ↑ 13% since 2019 |
| Total Units | 370 |
| Vacant Units | 42 |
| Avg HH Size | 2.59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 370 |
|---|---|
| Vacant | 42 |
| Owner Occupied | 87.8% |
| Renter Occupied | 12.2% |
| Avg HH Size | 2.59 |
ZIP code 47597 is located in Wheatland, Indiana, within Knox County. With a population of 849, this is a sparsely populated ZIP code with a middle-aged community — the median age is 41.7 years. Economically, 47597 is a solidly middle-class ZIP code: the median household income of $68,409 is near the national average.
Real estate in ZIP code 47597 represents one of the more affordable housing markets in the country. The median home value of $140,000 is below the national average. Renters can expect to pay around $729 per month in median rent. Homeownership is strong here — 87.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 103% since 2019.
The population of 47597 is primarily White (98.35%). Residents are moderately educated — 30.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 4.5%. Household income has grown by 9% since 2019.
The unemployment rate in 47597 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 47597 in Wheatland, IN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 849 residents, a median household income of $68,409, and a median home value of $140,000, it offers a clear picture of life in this part of Indiana.