47834 Zip Code

April 26, 2024

Zip Code:	47834
City/Town:	Wey Lake
State:	Indiana

Population:	19,215
Per Capita Income:	$20,403
Mean Household Income:	$54,439

Total Housing Units:	7,548
Median Home Value:	$73,400
Median Year Homes Built:	1960

Land Area:	150.0 sq miles 388.6 sq kilometers
Water Area:	1.7 sq miles 4.4 sq kilometers

Population Information (47834 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

19,215

Male:

9,457

49.2%

Female:

9,758

50.8%

Median Age:

39.9 yrs

37.2 yrs

Under 5 years:

1,128

5.9%

6.5%

5 to 9 years:

1,280

7.0%

6.6%

10 to 19 years:

2,663

13.9%

13.8%

20 to 29 years:

2,229

11.6%

13.8%

30 to 39 years:

2,340

12.2%

13.0%

40 to 49 years:

2,693

14.0%

14.2%

50 to 59 years:

2,831

14.7%

13.6%

60 to 69 years:

2,064

10.7%

9.4%

70 to 79 years:

1,248

6.5%

5.4%

80 years and over:

739

3.8%

3.7%

Housing Information (47834 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$73,400

$119,600

Median year homes build:

1960

1971

Median real estate taxes:

$557 / yr.

$1,334 / yr.

Median rent:

$306 / mo.

$519 / mo.

Total households:

7,548

Family households:

5,337

70.7%

66.4%

Nonfamily households:

2,211

29.3%

33.6%

Households with individuals under 18 years:

2,517

33.3%

33.4%

Households with individuals 65 years and over:

2,040

27.0%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

8,469

Occupied housing units:

7,548

89.1%

88.6%

Vacant housing units:

921

10.9%

11.4%

For rent:

161

1.9%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

136

1.6%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

208

2.5%

3.5%

All other vacants:

351

4.1%

2.8%

Homeowner vacancy rate:

2.4%

Rental vacancy rate:

7.5%

9.2%

Owner-occupied housing units:

5,569

Population in owner-occupied housing units:

14,223

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

1,979

Population in renter-occupied housing units:

4,809

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (47834 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

12,566

Less than 9th grade:

652

5.2%

6.2%

9th to 12th grade, no diploma:

1,574

12.5%

8.7%

High school graduate (includes equivalency):

5,681

45.2%

29.0%

Some college, no degree:

2,344

18.7%

20.6%

Associate degree:

593

4.7%

7.5%

Bachelor's degree:

955

7.6%

17.6%

Graduate or professional degree:

767

6.1%

10.3%

Percent high school graduate or higher:

82.3%

85.0%

Percent bachelor's degree or higher:

13.7%

27.9%

Income Information (47834 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:

6,794

35.4%

50.4%

Median income:

$26,067 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,762

19.6%

59.7%

Median income:

$32,225 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,642

34.6%

49.6%

Median income:

$14,092 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,406

12.5%

40.3%

Median income:

$21,875 / yr.

$28,135 / yr.

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