ZIP Code 47431 — Freedom, IN

Owen | 2024 Census Data

Key Takeaway

ZIP code 47431 in Freedom, IN has a population of 1,662 with a median household income of $61,948 and a median home value of $163,500 . The cost of living index is 59.8 (national average = 100).

Population & Age

Total Population
1,662
Median Age
32.80
Male
887
Female
775

Race & Ethnicity

White
96.6%
Black
0.0%
Hispanic
3.4%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More
2.1%
Other
1.3%

Income

Median Household
$61,948
Mean Household
$88,624
Per Capita
$31,038
Below Poverty
10.3%

Housing

Median Home Value
$163,500
Median Rent
$742
Total Units
651
Occupied
548
Owner Occupied
88.9%
Renter Occupied
11.1%
Median Year Built
1992
Vacant
103

Education

High School or Higher 89.1%
Bachelor's or Higher 9.5%
Graduate Degree 2.3%

Employment & Commuting

Labor Force
651
Unemployment
1.2%
Drive Alone
84.5%
Public Transit
0.0%
Work from Home
7.5%
Avg Commute
N/A

Cost of Living Index

59.8
National average = 100. Below average by 40.2%.

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Frequently Asked Questions

What is the population of ZIP code 47431?

ZIP code 47431 (Freedom, IN) has a total population of 1,662 according to the 2024 American Community Survey.

What is the median household income in ZIP code 47431?

The median household income in ZIP code 47431 is $61,948 per year, based on 2024 Census Bureau data.

What city is ZIP code 47431 in?

ZIP code 47431 is primarily located in Freedom, Indiana (IN).

What is the median home value in ZIP code 47431?

The median home value in ZIP code 47431 is $163,500, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 47431?

The median age in ZIP code 47431 is 32.80 years, compared to the national median of 38.9 years.