47243 Zip Code

April 18, 2024

Zip Code:	47243
City/Town:	Paynesville
State:	Indiana

Population:	5,951
Per Capita Income:	$18,194
Mean Household Income:	$53,045

Total Housing Units:	1,996
Median Home Value:	$78,900
Median Year Homes Built:	1975

Land Area:	34.9 sq miles 90.5 sq kilometers
Water Area:	0.6 sq miles 1.5 sq kilometers

Population Information (47243 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

5,951

Male:

2,883

48.4%

49.2%

Female:

3,068

51.6%

50.8%

Median Age:

32.5 yrs

37.2 yrs

Under 5 years:

324

5.4%

6.5%

5 to 9 years:

347

11.1%

6.6%

10 to 19 years:

1,016

17.1%

13.8%

20 to 29 years:

1,129

19.0%

13.8%

30 to 39 years:

643

10.8%

13.0%

40 to 49 years:

734

12.3%

14.2%

50 to 59 years:

684

11.5%

13.6%

60 to 69 years:

558

9.4%

70 to 79 years:

301

5.1%

5.4%

80 years and over:

215

3.6%

3.7%

Housing Information (47243 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$78,900

$119,600

Median year homes build:

1975

1971

Median real estate taxes:

$740 / yr.

$1,334 / yr.

Median rent:

$404 / mo.

$519 / mo.

Total households:

1,996

Family households:

1,381

69.2%

66.4%

Nonfamily households:

615

30.8%

33.6%

Households with individuals under 18 years:

658

33.0%

33.4%

Households with individuals 65 years and over:

509

25.5%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

2,306

Occupied housing units:

1,996

86.6%

88.6%

Vacant housing units:

310

13.4%

11.4%

For rent:

3.6%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

107

4.6%

3.5%

All other vacants:

3.3%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

12.7%

9.2%

Owner-occupied housing units:

1,431

Population in owner-occupied housing units:

3,633

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

565

Population in renter-occupied housing units:

1,382

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (47243 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

3,206

Less than 9th grade:

218

6.8%

6.2%

9th to 12th grade, no diploma:

428

13.3%

8.7%

High school graduate (includes equivalency):

1,221

38.1%

29.0%

Some college, no degree:

682

21.3%

20.6%

Associate degree:

121

3.8%

7.5%

Bachelor's degree:

226

7.0%

17.6%

Graduate or professional degree:

310

9.7%

10.3%

Percent high school graduate or higher:

79.9%

85.0%

Percent bachelor's degree or higher:

16.7%

27.9%

Income Information (47243 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:

2,222

37.3%

50.4%

Median income:

$21,089 / yr.

$27,932 / yr.

Full-time, year-round workers:

958

16.1%

59.7%

Median income:

$30,259 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,219

37.3%

49.6%

Median income:

$11,417 / yr.

$16,327 / yr.

Full-time, year-round workers:

667

11.2%

40.3%

Median income:

$23,728 / yr.

$28,135 / yr.

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