47020 ZIP Code – Florence, Indiana

Located in Florence, Indiana, ZIP code 47020 is a small ZIP code within Switzerland County with a population of approximately 1,287 residents. At $60,777, the median household income here runs near the Indiana average and below the U.S. average. The median home value of $123,400 is well below the national average, with 75.0% owner-occupied housing (increasing). Housing consists of 62% single-family (decreasing).

An estimated 7.5% of the population falls below the poverty line, well below the national figure. 7.4% of adults hold a bachelor's degree or higher, well below the U.S. average. The median age is 38.7, near the national median. The surrounding area includes ZIP codes 47038, 41095, 47040.

ZIP Code 47020 Data

Population 1,287
Median Household Income $60,777
Median Home Value $123,400
Median Rent Not provided
Median Age 38.7
Unemployment Rate 0.0%
Poverty Rate 7.5%
Bachelor's Degree or Higher 7.4%
State Indiana

ZIP 47020 vs. Indiana vs. U.S.

MetricZIP 47020IN Avg.U.S. Avg.
Population1,2878,64210k
Median Household Income$60k$69k$73k
Median Home Value$123k$165k$258k
Median Rent$898$1,088
Median Age38.741.043.2
Unemployment Rate0.0%4.2%5.0%
Poverty Rate7.5%11.3%13.3%
Bachelor's Degree or Higher7.4%21.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
47038 PATRIOT 946 $61,875
41095 WARSAW 3,948 $53,571
47040 RISING SUN 5,367 $60,533
41045 GHENT 1,363 $62,805
47011 BENNINGTON 1,096 $71,172