ZIP 47421 - 860Z200US47421 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 47421, understanding the local demographics and housing landscape is essential. Located in a region with a stable population and moderate economic indicators, this area offers a blend of affordability and community appeal. This 2023 snapshot provides a clear, data-driven look at the key metrics for ZIP 47421, helping homebuyers, real estate investors, small-business owners, and analysts make informed decisions. From population trends to housing costs, let’s break down what makes this ZIP code unique.

Population & Households

ZIP 47421 is home to a population of 27,610 residents as of 2023, reflecting a community of moderate size with room for growth. This population is distributed across 12,324 households, indicating a balanced mix of family and individual living arrangements. With 13,112 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or investors looking for properties in a less competitive market.

Income & Housing Costs

The median household income in ZIP 47421 stands at $66,588, positioning this area as a middle-income community where residents enjoy a reasonable standard of living. Housing affordability is a key draw here, with a median house value of $165,200—well below many national averages. For renters, the median rent is $827 per month, offering a cost-effective alternative to homeownership. These figures suggest that ZIP 47421 could be an attractive option for first-time buyers or investors seeking value in a stable market.

Race & Ethnicity

The demographic makeup of ZIP 47421 is predominantly White, with 94.5% of the population identifying as such. Other racial and ethnic groups include Hispanic or Latino at 2.33%, Black or African American at 0.28%, and Asian at 0.26%. This composition reflects a relatively homogenous community, which may influence cultural dynamics, local businesses, and community services. For those considering relocation or business ventures, understanding this context can help tailor expectations and strategies.

Key Facts

• Total population: 27,610 residents in 2023, indicating a mid-sized community.
• Total households: 12,324, with a mix of family and individual setups.
• Total housing units: 13,112, suggesting potential availability for new residents or investors.
• Median household income: $66,588, reflecting a solid middle-income base.
• Median house value: $165,200, offering affordability compared to national trends.
• Median rent: $827, a budget-friendly option for renters.
• Racial composition: Predominantly White (94.5%), with small Hispanic (2.33%), Black (0.28%), and Asian (0.26%) populations.

What This Means for You

For homebuyers, ZIP 47421 presents an affordable entry point into homeownership with a median house value of $165,200 and reasonable rental options at $827 monthly. The slight surplus of housing units (13,112 total versus 12,324 households) could mean less competition when searching for a property. First-time buyers or those relocating on a budget may find this area particularly appealing.

For real estate investors and agents, the data points to potential in both buying and renting markets. With a stable population of 27,610 and a median income of $66,588, there’s a reliable tenant base for rental properties, while the lower home values could yield good returns on investment if property appreciation trends upward.

For small-business owners, the demographic profile—predominantly White with a middle-income base—suggests a community with consistent spending power. Tailoring products or services to family-oriented or budget-conscious consumers could resonate well here. The population size also supports niche businesses looking for a manageable market to enter.

For analysts, these metrics provide a baseline for deeper research into economic stability, housing demand, and cultural fit. The data indicates a steady, less volatile market that could be ideal for long-term planning or comparative studies with neighboring ZIP codes.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 47421? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
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