47320 ZIP Code – Albany, Indiana
Located in Albany, Indiana, ZIP code 47320 is a small ZIP code within Delaware County with a population of approximately 4,320 residents. The median household income of $63,305 is near the Indiana average and near the national average. At $111,500, median home values run well below the national average, with 85.2% owner-occupied housing (increasing). . Median rent is $761, which is below the U.S. average. Housing consists of 91% single-family (increasing).
The unemployment rate is 3.7%, below the national average. About 7.4% of residents live below the poverty line, well below the national rate. About 16.2% of residents have completed a four-year degree, below the national rate. The population has a median age of 48.2, near the national median. Neighboring ZIP codes include 47303, 47338, 47373.
ZIP Code 47320 Data
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ZIP 47320 vs. Indiana vs. U.S.
| Metric | ZIP 47320 | IN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 4,320 | 8,642 | 10k |
| Median Household Income | $63k | $69k | $73k |
| Median Home Value | $111k | $165k | $258k |
| Median Rent | $761 | $898 | $1,088 |
| Median Age | 48.2 | 41.0 | 43.2 |
| Unemployment Rate | 3.7% | 4.2% | 5.0% |
| Poverty Rate | 7.4% | 11.3% | 13.3% |
| Bachelor's Degree or Higher | 16.2% | 21.0% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 47303 – Muncie
- 47338 – Eaton
- 47373 – Redkey
- 47368 – Parker City
- 47305 – Muncie
- 47336 – Dunkirk
- 47383 – Selma
- 47306 – Muncie
- 47340 – Farmland
- 47304 – Muncie
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 47303 | MUNCIE | 24,393 | $38,355 |
| 47338 | EATON | 2,465 | $59,236 |
| 47373 | REDKEY | 2,240 | $50,045 |
| 47368 | PARKER CITY | 2,008 | $66,250 |
| 47305 | MUNCIE | 3,193 | $29,345 |