US ZIP Code
47720

Evansville, IN

Vanderburgh County  ·  Indiana

● Active
👥 17,103 Population ↓ 4% since 2019
💰 $76,968 Median HH Income
≈ Avg ↑ 19% since 2019
🎂 42.1 Median Age ↓ 6% since 2019
🏠 $206,800 Median Home Value
▼ 26% below avg ↑ 25% since 2019
🎓 47.0% College Grads
▲ 21% above avg
📊 3.3% Unemployment
▼ 33% below avg ↑ 48% since 2019
ZIP Code Details
ZIP Code47720
CityEvansville
StateIndiana (IN)
CountyVanderburgh County
Area Code812/930
Elevation564 ft
Latitude38.062897
Longitude-87.641573
TimezoneIndiana/Indianapolis (DST)
FIPS18163
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.2% (8,587) Female 49.8% (8,516) ♀

Race & Ethnicity

White: 94.5%Hispanic: 1.2%Black: 0.1%Asian: 0.8%Other: 3.4%Race
White94.5%
Hispanic1.2%
Black0.1%
Asian0.8%
Other3.4%

Age Breakdown

Under 5
6%
5–17
18%
18–24
5%
25–44
25%
45–64
26%
65+
8%

Key Indicators

Median Age42.1 yrs ↓ 6% since 2019
Avg Household Size2.39
Below Poverty6.2% ▼ 38% below avg
College Grads47.0% ▲ 21% above avg
Unemployment3.3% ▼ 33% below avg
No HS Diploma70 (0.6%)
HS Graduate3,612 (31.4%)
Some College1,305 (11.3%)
Associates1,117 (9.7%)
Bachelors1,440 (12.5%)
Graduate Degree3,963 (34.4%)

Education

No HS: 0.6%HS Grad: 31.4%Some College: 11.3%Associates: 9.7%Bachelors: 12.5%Graduate: 34.4%Edu
No HS0.6%
HS Grad31.4%
Some College11.3%
Associates9.7%
Bachelors12.5%
Graduate34.4%
Housing & Income

Housing Tenure

Owner: 87.7%Renter: 12.3%Tenure
Owner87.7%
Renter12.3%

Home Value Distribution

Under $50k
12%
$50k–100k
6%
$100k–150k
12%
$150k–200k
18%
$200k–300k
25%
$300k–500k
19%
Over $500k
8%

Financials

Median HH Income$76,968 ≈ Avg ↑ 19% since 2019
Median Home Value$206,800 ▼ 26% below avg ↑ 25% since 2019
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$1,019/mo ↑ 18% since 2019
Total Units7,285
Vacant Units275
Avg HH Size2.39

Income Distribution

Under $25k
10%
$25k–50k
13%
$50k–75k
21%
$75k–100k
15%
$100k–150k
23%
$150k–200k
10%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
94%
Public Transit
1%
Walked
0%
Work From Home
5%

Commute Time

Under 15 min
32%
15–30 min
43%
30–45 min
19%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
5%
1940s–1950s
17%
1960s–1970s
11%
1980s–1990s
10%
2000+
57%

Summary

Total Units7,285
Vacant275
Owner Occupied87.7%
Renter Occupied12.3%
Avg HH Size2.39
Frequently Asked Questions
ZIP code 47720 is in Evansville, IN, in Vanderburgh County.
ZIP code 47720 is located in Indiana (IN).
ZIP code 47720 is in Vanderburgh County, IN.
ZIP 47720 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 47720 is 17,103 people (ACS 2023).
The median household income in ZIP code 47720 is $76,968 (ACS 2023).
The median home value in ZIP 47720 is $206,800 (ACS 2023).
About ZIP Code 47720

ZIP code 47720 is located in Evansville, Indiana, within Vanderburgh County. With a population of 17,103, this is a moderately populated ZIP code with a middle-aged community — the median age is 42.1 years. Economically, 47720 is a middle-income ZIP code: the median household income of $76,968 is near the national average.

Real estate in ZIP code 47720 represents an affordable housing market. The median home value of $206,800 is below the national average. Renters can expect to pay around $1,019 per month in median rent. Homeownership is strong here — 87.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 25% since 2019.

The population of 47720 is primarily White (94.46%). Residents are well-educated — 47.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 6.2%. Household income has grown by 19% since 2019.

The unemployment rate in 47720 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 88%.

Overall, ZIP code 47720 in Evansville, IN is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 17,103 residents, a median household income of $76,968, and a median home value of $206,800, it offers a clear picture of life in this part of Indiana.