ZIP 47250 vs ZIP 47243

This side-by-side compares ZIP 47250 (Madison, IN) and ZIP 47243 (Hanover, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47250 has a population of 21,944 at 41 people per square mile, while ZIP 47243 has 5,951 at 66 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 47250 reports a median household income of $61,284 against $65,197 in ZIP 47243, with per-capita income of $33,728 vs $28,438. The share of adults holding a bachelor's degree or higher is 21.0% in 47250 and 19.7% in 47243. Poverty rate reads 13.1% vs 10.1%, and unemployment 3.3% vs 6.6% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $196,600 in 47250 versus $183,900 in 47243, with median rent of $892 and $908 per month respectively. Homeownership rate is 69.2% vs 73.6%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.