ZIP 47711 - 860Z200US47711 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 47711 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of residential stability and economic opportunity. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and racial composition in 47711. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions tailored to your goals.

Population & Households

ZIP code 47711 is home to a population of 30,793 individuals, making it a moderately sized community with a diverse range of residents. This area supports 13,010 households, reflecting a strong residential base. With 14,487 total housing units, there’s a slight surplus of available properties compared to occupied households, which could indicate opportunities for buyers or investors looking to enter the market. This balance suggests a stable community with room for growth, ideal for those seeking a settled yet evolving neighborhood.

Income & Housing Costs

The median household income in ZIP 47711 stands at $65,398, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $156,200 offers an accessible entry point compared to many urban markets, making it an attractive option for first-time buyers or those seeking value-driven investments. Renters in this area face a median rent of $982 per month, which aligns with the income levels and suggests affordability for a significant portion of the population. These figures highlight 47711 as a practical choice for families and individuals looking for cost-effective living or rental opportunities.

Race & Ethnicity

The demographic makeup of ZIP 47711 reflects a predominantly white population at 84.53%, with smaller but notable representation from other groups. Black residents account for 7.98% of the population, while Asian individuals make up 0.65%. Hispanic or Latino residents represent 1.77% of the community. This composition indicates a relatively homogenous area with some diversity, which may influence cultural dynamics, business offerings, and community engagement. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the local population’s needs and preferences.

Key Facts

• Total population in ZIP 47711: 30,793 residents, offering a sizable community for engagement or investment.
• Total households: 13,010, indicating a strong residential foundation.
• Total housing units: 14,487, suggesting potential availability for new occupants or investors.
• Median household income: $65,398, reflecting a stable middle-income area.
• Median house value: $156,200, an accessible price point for many buyers.
• Median rent: $982, aligning with local income for reasonable affordability.
• Racial composition: 84.53% white, 7.98% black, 0.65% Asian, 1.77% Hispanic, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 47711 presents an opportunity to purchase at a median value of $156,200, which is competitive for a community of this size and income level. The slight surplus of housing units could mean less competition in certain segments of the market, giving you room to negotiate. Real estate investors and agents will find value in the balance of occupied and available units, as well as the affordable median rent of $982, which supports a steady rental demand for tenants in the middle-income bracket. Small-business owners can leverage the population of over 30,000 and the area’s demographic profile to offer targeted products or services, especially those appealing to a predominantly white, middle-income customer base with some diversity to consider. Analysts can use these metrics to benchmark 47711 against neighboring ZIP codes or broader market trends, identifying unique opportunities or challenges in this locale.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 47711? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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