| ZIP Code | 47615 |
|---|---|
| City | Grandview |
| State | Indiana (IN) |
| County | Spencer County |
| Area Code | 812/930 |
| Elevation | 410 ft |
| Latitude | 37.970761 |
|---|---|
| Longitude | -86.952275 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18147 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs |
|---|---|
| Avg Household Size | 2.45 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 33.2% ▼ 14% below avg |
| Unemployment | 1.1% ▼ 78% below avg |
| No HS Diploma | 8 (0.7%) |
| HS Graduate | 499 (42.7%) |
| Some College | 84 (7.2%) |
| Associates | 189 (16.2%) |
| Bachelors | 161 (13.8%) |
| Graduate Degree | 227 (19.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,250 ▼ 21% below avg ↑ 19% since 2019 |
|---|---|
| Median Home Value | $168,100 ▼ 40% below avg ↑ 85% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $877/mo ↑ 7% since 2019 |
| Total Units | 740 |
| Vacant Units | 53 |
| Avg HH Size | 2.45 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 740 |
|---|---|
| Vacant | 53 |
| Owner Occupied | 83.4% |
| Renter Occupied | 16.6% |
| Avg HH Size | 2.45 |
ZIP code 47615 is located in Grandview, Indiana, within Spencer County. With a population of 1,683, this is a sparsely populated ZIP code with a mature community — the median age is 45 years. Economically, 47615 is a solidly middle-class ZIP code: the median household income of $60,250 is below the national average.
Real estate in ZIP code 47615 represents an affordable housing market. The median home value of $168,100 is below the national average. Renters can expect to pay around $877 per month in median rent. Homeownership is strong here — 83.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 85% since 2019.
The population of 47615 is primarily White (93.29%). Residents are moderately educated — 33.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 7.1%. Household income has grown by 19% since 2019.
The unemployment rate in 47615 stands at 1.1%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 47615 in Grandview, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,683 residents, a median household income of $60,250, and a median home value of $168,100, it offers a clear picture of life in this part of Indiana.