47561 ZIP Code – Oaktown, Indiana
47561 is a ZIP code serving Oaktown, Indiana in Knox County with a population of approximately 1,372 residents. At $41,884, the median household income here runs below the Indiana average and well below the U.S. average. Homes in this ZIP code have a median value of $88,800, well below the national average, with 70.1% owner-occupied housing (decreasing). , with median rent coming in at $634 — well below the national figure. Housing consists of 62% single-family (decreasing), 16% duplex/multi-family.
Unemployment stands at 1.0%, which is well below the U.S. rate. About 12.6% of residents live below the poverty line, near the national rate. An estimated 4.5% of adults hold a bachelor's degree or higher, well below the national average. The median age is 48.8, near the national median. The surrounding area includes ZIP codes 47516, 47535, 47838.
ZIP Code 47561 Data
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ZIP 47561 vs. Indiana vs. U.S.
| Metric | ZIP 47561 | IN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,372 | 8,642 | 10k |
| Median Household Income | $41k | $69k | $73k |
| Median Home Value | $88k | $165k | $258k |
| Median Rent | $634 | $898 | $1,088 |
| Median Age | 48.8 | 41.0 | 43.2 |
| Unemployment Rate | 1.0% | 4.2% | 5.0% |
| Poverty Rate | 12.6% | 11.3% | 13.3% |
| Bachelor's Degree or Higher | 4.5% | 21.0% | 26.9% |
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Nearby ZIP Codes
- 47516 – Bruceville
- 47535 – Freelandville
- 47838 – Carlisle
- 47512 – Bicknell
- 47528 – Edwardsport
- 47573 – Ragsdale
- 47596 – Westphalia
- 62427 – Flat Rock
- 62451 – Palestine
- 62439 – Lawrenceville
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 47516 | BRUCEVILLE | 986 | $69,737 |
| 47535 | FREELANDVILLE | 734 | $56,250 |
| 47838 | CARLISLE | 3,916 | $73,051 |
| 47512 | BICKNELL | 4,114 | $62,564 |
| 47528 | EDWARDSPORT | 463 | $51,875 |