ZIP 47591 - 860Z200US47591 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 47591, understanding the local demographics and housing landscape is essential. Located in a vibrant community, this area offers a mix of affordability and opportunity for homebuyers, real estate investors, small-business owners, and analysts. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in ZIP 47591. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 47591 is home to a population of 25,191 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 10,531 households, reflecting a balanced mix of family and individual living arrangements. With 11,874 total housing units in the area, there’s a noticeable surplus of available homes compared to occupied households, which could signal opportunities for buyers or investors looking to enter the market. This population size also supports a robust customer base for small businesses aiming to serve local needs.

Income & Housing Costs

The median household income in ZIP 47591 stands at $57,862, indicating a stable economic foundation for many residents. This income level suggests that the area is accessible to a wide range of homebuyers and renters while offering potential spending power for local businesses. On the housing front, the median home value is $140,800, which positions ZIP 47591 as an affordable market compared to many national averages. For renters, the median rent is $794 per month, providing a cost-effective alternative to homeownership. These figures highlight a market where both buying and renting remain within reach for many, creating a balanced environment for real estate activity.

Race & Ethnicity

The demographic makeup of ZIP 47591 reflects a predominantly White population at 88.45%, with smaller but notable representation from other groups. Black residents account for 2.27% of the population, Asian residents make up 1.21%, and Hispanic individuals comprise 3.4%. This composition points to a community with a strong cultural core and emerging diversity, which can enrich the social fabric and offer unique opportunities for businesses catering to varied tastes and needs. Understanding this breakdown is key for investors and business owners aiming to align their offerings with the community’s identity.

Key Facts

• Total population: 25,191 residents, offering a solid market for businesses and services.
• Total households: 10,531, indicating a stable base of local families and individuals.
• Total housing units: 11,874, with potential availability for new buyers or renters.
• Median household income: $57,862, reflecting moderate economic stability.
• Median home value: $140,800, an affordable entry point for homeownership.
• Median rent: $794, a competitive rate for renters in the area.
• Racial composition: 88.45% White, 2.27% Black, 1.21% Asian, 3.4% Hispanic, showing a predominantly White area with growing diversity.

What This Means for You

For homebuyers, ZIP 47591 presents an attractive opportunity with median home values at $140,800 and reasonable rental costs at $794 per month. These figures suggest you can find a place to call home without stretching your budget. Real estate investors and agents will appreciate the surplus of housing units (11,874 total) compared to households (10,531), which may indicate room for growth or rental income potential. Small-business owners can tap into a population of over 25,000 residents with a median income of nearly $58,000, providing a reliable customer base for goods and services. Analysts studying market trends will find the demographic diversity and economic stability of ZIP 47591 a compelling case for further research. Whether you’re settling down, investing, or starting a venture, this area offers a practical foundation to build on.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 47591? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income insights tailored to your needs.
• Use the detailed reports to inform your homebuying, investment, or business decisions with confidence.