ZIP 47562

What ZIP 47562 actually tells you, and what it doesn't

The 47562 ZIP Code Tabulation Area has a population of 5,395 and a median household income of $68,287. Against the other tabulation areas in this dataset, it places as follows.

The median home is priced at about 3.0 times median household income, above the midpoint for reporting areas. A gap of this size usually means demand is being set by buyers whose income is not counted in this ZCTA -- commuters, second-home buyers, or investors.

Renting takes an unusually small bite of local income -- about 10% of median household income at the median rent, in the lowest quarter of the 25,890 areas reporting both.

Half the residents are under 29.2, young enough to place 47562 in the youngest quarter of the 32,853 areas reporting an age. Campuses, barracks, and dense rental districts dominate this end of the range, and where that is the cause the income and poverty figures describe students rather than settled households.

ZCTAs approximate USPS ZIP codes rather than matching them, and these are 5-year ACS estimates, so they trail current conditions.