ZIP 47933 - 860Z200US47933 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 47933, located in Crawfordsville, Indiana, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 28,000 and a mix of housing options, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics to help you understand the community and make informed decisions.

Population & Households

ZIP 47933 is home to a population of 28,227 residents as of 2023, making it a moderately sized community with a stable residential base. These individuals are spread across 11,499 households, indicating a strong foundation for local businesses and services. The total number of housing units stands at 12,254, suggesting a slight surplus of available properties compared to occupied households. This balance could mean opportunities for buyers or renters looking to settle in the area.

Income & Housing Costs

The median household income in ZIP 47933 is $61,968, reflecting a solid economic base for many families and individuals. This income level supports a housing market where the median home value is $176,400—a price point that may appeal to first-time buyers or investors seeking affordable properties with potential for appreciation. For renters, the median rent is $822 per month, offering a cost-effective alternative to homeownership in a market where housing costs remain reasonable compared to national averages.

Race & Ethnicity

The demographic makeup of ZIP 47933 shows a predominantly white population at 87.71%, with smaller percentages of other racial and ethnic groups. Hispanic or Latino residents account for 7.19% of the population, while Black or African American and Asian residents make up 0.62% and 0.4%, respectively. This composition reflects a community with limited diversity, which may influence cultural offerings, business opportunities, and community dynamics for those considering a move or investment in the area.

Key Facts

• Total population: 28,227 residents in 2023, indicating a stable community size.
• Total households: 11,499, supporting a strong local consumer base.
• Total housing units: 12,254, with some availability for new residents or investors.
• Median household income: $61,968, suggesting moderate economic stability.
• Median home value: $176,400, an accessible entry point for homebuyers.
• Median rent: $822, offering affordable rental options.
• Racial composition: 87.71% white, 7.19% Hispanic, with smaller percentages of other groups.

What This Means for You

For homebuyers, ZIP 47933 offers a promising market with median home values at $176,400, well within reach for many budgets. The slight surplus of housing units (12,254 total versus 11,499 households) could mean less competition when searching for a property. If you’re a renter, the median rent of $822 provides an affordable option while you save for a future purchase.

For real estate investors and agents, the combination of reasonable home values and a stable population of 28,227 suggests potential for steady demand, whether for rentals or flips. The income level of $61,968 indicates that many residents can afford housing, reducing the risk of prolonged vacancies.

For small-business owners, this ZIP code’s population and household numbers point to a reliable customer base. With over 11,000 households, there’s room to cater to local needs, especially in sectors like retail, dining, or services. Understanding the demographic makeup—predominantly white with a notable Hispanic presence—can help tailor your offerings to community preferences.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing turnover, or cultural dynamics in ZIP 47933. The data suggests a stable, moderately prosperous area with room for growth or targeted development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 47933? 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.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.