47516 ZIP Code – Bruceville, Indiana

47516 is a ZIP code serving Bruceville, Indiana in Knox County with a population of approximately 986 residents. The median household income of $69,737 is near the Indiana average and near the national average. Median home values of $164,500 are below the national average, with 86.6% owner-occupied housing (increasing). , with median rent coming in at $713 — below the national figure. Housing consists of 88% single-family (increasing).

The area reports an unemployment rate of 0.9%, well below the national average. The poverty rate is 6.8%, well below the national average. About 19.6% of residents have completed a four-year degree, below the national rate. The median age is 41.1, near the national median. Neighboring ZIP codes include 47573, 47512, 47561.

ZIP Code 47516 Data

Population 986
Median Household Income $69,737
Median Home Value $164,500
Median Rent $713
Median Age 41.1
Unemployment Rate 0.9%
Poverty Rate 6.8%
Bachelor's Degree or Higher 19.6%
County Knox County
State Indiana

ZIP 47516 vs. Indiana vs. U.S.

MetricZIP 47516IN Avg.U.S. Avg.
Population9868,64210k
Median Household Income$69k$69k$73k
Median Home Value$164k$165k$258k
Median Rent$713$898$1,088
Median Age41.141.043.2
Unemployment Rate0.9%4.2%5.0%
Poverty Rate6.8%11.3%13.3%
Bachelor's Degree or Higher19.6%21.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
47573 RAGSDALE 19 Not provided
47512 BICKNELL 4,114 $62,564
47561 OAKTOWN 1,372 $41,884
47535 FREELANDVILLE 734 $56,250
47528 EDWARDSPORT 463 $51,875