47163 Zip Code

April 20, 2024

Zip Code:	47163
City/Town:	Otisco
State:	Indiana

Population:	1,746
Per Capita Income:	$22,266
Mean Household Income:	$60,864

Total Housing Units:	643
Median Home Value:	$98,800
Median Year Homes Built:	1981

Land Area:	20.8 sq miles 53.9 sq kilometers
Water Area:	0.1 sq miles 0.4 sq kilometers

Population Information (47163 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,746

Male:

896

51.3%

49.2%

Female:

850

48.7%

50.8%

Median Age:

42.4 yrs

37.2 yrs

Under 5 years:

4.5%

6.5%

5 to 9 years:

112

6.6%

10 to 19 years:

248

14.2%

13.8%

20 to 29 years:

171

9.8%

13.8%

30 to 39 years:

209

12.0%

13.0%

40 to 49 years:

291

16.7%

14.2%

50 to 59 years:

267

15.3%

13.6%

60 to 69 years:

229

13.1%

9.4%

70 to 79 years:

116

6.6%

5.4%

80 years and over:

1.4%

3.7%

Housing Information (47163 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$98,800

$119,600

Median year homes build:

1981

1971

Median real estate taxes:

$784 / yr.

$1,334 / yr.

Median rent:

$275 / mo.

$519 / mo.

Total households:

643

Family households:

509

79.2%

66.4%

Nonfamily households:

134

20.8%

33.6%

Households with individuals under 18 years:

222

34.5%

33.4%

Households with individuals 65 years and over:

176

27.4%

24.9%

Average household size:

2.7

Average family size:

3.0

Total housing units:

702

Occupied housing units:

643

91.6%

88.6%

Vacant housing units:

8.4%

11.4%

For rent:

1.1%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.0%

1.4%

Sold, not occupied:

0.6%

0.3%

For seasonal, recreational, or occasional use:

1.4%

3.5%

All other vacants:

4.3%

2.8%

Homeowner vacancy rate:

1.2%

2.4%

Rental vacancy rate:

11.0%

9.2%

Owner-occupied housing units:

578

Population in owner-occupied housing units:

1,580

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

166

Average household size of renter-occupied units:

2.6

2.44

Educational Attainment (47163 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,221

Less than 9th grade:

7.9%

6.2%

9th to 12th grade, no diploma:

174

14.3%

8.7%

High school graduate (includes equivalency):

453

37.1%

29.0%

Some college, no degree:

285

23.3%

20.6%

Associate degree:

5.7%

7.5%

Bachelor's degree:

8.0%

17.6%

Graduate or professional degree:

3.8%

10.3%

Percent high school graduate or higher:

77.9%

85.0%

Percent bachelor's degree or higher:

11.8%

27.9%

Income Information (47163 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

739

42.3%

50.4%

Median income:

$25,575 / yr.

$27,932 / yr.

Full-time, year-round workers:

435

24.9%

59.7%

Median income:

$36,917 / yr.

$38,349 / yr.

Females 15 years and over with income:

515

29.5%

49.6%

Median income:

$17,589 / yr.

$16,327 / yr.

Full-time, year-round workers:

236

13.5%

40.3%

Median income:

$23,315 / yr.

$28,135 / yr.

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