47320 Zip Code

April 19, 2024

Zip Code:	47320
City/Town:	Albany
State:	Indiana

Population:	4,134
Per Capita Income:	$21,794
Mean Household Income:	$55,397

Total Housing Units:	1,682
Median Home Value:	$72,300
Median Year Homes Built:	1960

Land Area:	33.5 sq miles 86.7 sq kilometers
Water Area:	0.3 sq miles 0.7 sq kilometers

Population Information (47320 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,134

Male:

2,019

48.8%

49.2%

Female:

2,115

51.2%

50.8%

Median Age:

44.0 yrs

37.2 yrs

Under 5 years:

236

5.7%

6.5%

5 to 9 years:

232

6.8%

6.6%

10 to 19 years:

547

13.2%

13.8%

20 to 29 years:

397

9.6%

13.8%

30 to 39 years:

418

10.1%

13.0%

40 to 49 years:

619

15.0%

14.2%

50 to 59 years:

671

16.2%

13.6%

60 to 69 years:

496

12.0%

9.4%

70 to 79 years:

312

7.5%

5.4%

80 years and over:

206

5.0%

3.7%

Housing Information (47320 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$72,300

$119,600

Median year homes build:

1960

1971

Median real estate taxes:

$644 / yr.

$1,334 / yr.

Median rent:

$332 / mo.

$519 / mo.

Total households:

1,682

Family households:

1,183

70.3%

66.4%

Nonfamily households:

499

29.7%

33.6%

Households with individuals under 18 years:

492

29.3%

33.4%

Households with individuals 65 years and over:

477

28.4%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

1,869

Occupied housing units:

1,682

90.0%

88.6%

Vacant housing units:

187

10.0%

11.4%

For rent:

3.4%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

0.9%

3.5%

All other vacants:

3.7%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

15.2%

9.2%

Owner-occupied housing units:

1,330

Population in owner-occupied housing units:

3,277

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

352

Population in renter-occupied housing units:

775

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (47320 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,839

Less than 9th grade:

1.2%

6.2%

9th to 12th grade, no diploma:

293

10.3%

8.7%

High school graduate (includes equivalency):

1,438

50.7%

29.0%

Some college, no degree:

603

21.2%

20.6%

Associate degree:

139

4.9%

7.5%

Bachelor's degree:

186

6.6%

17.6%

Graduate or professional degree:

147

5.2%

10.3%

Percent high school graduate or higher:

88.5%

85.0%

Percent bachelor's degree or higher:

11.7%

27.9%

Income Information (47320 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:

1,509

36.5%

50.4%

Median income:

$30,045 / yr.

$27,932 / yr.

Full-time, year-round workers:

823

19.9%

59.7%

Median income:

$35,816 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,494

36.1%

49.6%

Median income:

$15,126 / yr.

$16,327 / yr.

Full-time, year-round workers:

510

12.3%

40.3%

Median income:

$26,016 / yr.

$28,135 / yr.

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