ZIP Code 47031 — Milan, IN

Ripley | 2024 Census Data

Key Takeaway

ZIP code 47031 in Milan, IN has a population of 5,659 with a median household income of $70,575 and a median home value of $195,600 . The cost of living index is 67.1 (national average = 100).

Population & Age

Total Population
5,659
Median Age
43.20
Male
3,071
Female
2,588

Race & Ethnicity

White
95.0%
Black
1.4%
Hispanic
2.0%
Asian
0.2%
Native American
0.7%
Pacific Islander
0.0%
Two or More
2.7%
Other
0.0%

Income

Median Household
$70,575
Mean Household
$103,856
Per Capita
$40,953
Below Poverty
10.8%

Housing

Median Home Value
$195,600
Median Rent
$755
Total Units
2,291
Occupied
2,189
Owner Occupied
80.0%
Renter Occupied
20.0%
Median Year Built
1978
Vacant
102

Education

High School or Higher 88.4%
Bachelor's or Higher 17.5%
Graduate Degree 10.4%

Employment & Commuting

Labor Force
2,832
Unemployment
5.3%
Drive Alone
73.6%
Public Transit
0.0%
Work from Home
6.5%
Avg Commute
N/A

Cost of Living Index

67.1
National average = 100. Below average by 32.9%.

Nearby ZIP Codes

47037
Osgood
5.0 mi
47006
Batesville
5.2 mi
47042
Versailles
5.3 mi
47034
Napoleon
8.1 mi
47023
Holton
8.2 mi
47041
Sunman
9.3 mi
47017
Cross plains
11.9 mi
47001
Aurora
12.9 mi
47018
Dillsboro
13.4 mi
47032
Moores hill
13.7 mi
47263
New point
14.4 mi
47223
Butlerville
14.7 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 47031?

ZIP code 47031 (Milan, IN) has a total population of 5,659 according to the 2024 American Community Survey.

What is the median household income in ZIP code 47031?

The median household income in ZIP code 47031 is $70,575 per year, based on 2024 Census Bureau data.

What city is ZIP code 47031 in?

ZIP code 47031 is primarily located in Milan, Indiana (IN).

What is the median home value in ZIP code 47031?

The median home value in ZIP code 47031 is $195,600, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 47031?

The median age in ZIP code 47031 is 43.20 years, compared to the national median of 38.9 years.