ZIP 47501 vs ZIP 47562

Source:

Washington, IN — Odon, IN

This side-by-side compares ZIP 47501 (Washington, IN) and ZIP 47562 (Odon, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47501 has a population of 17,535 at 46 people per square mile, while ZIP 47562 has 4,658 at 27 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 47501 reports a median household income of $62,982 against $71,250 in ZIP 47562, with per-capita income of $30,803 vs $29,914. The share of adults holding a bachelor's degree or higher is 17.8% in 47501 and 13.1% in 47562. Poverty rate reads 15.0% vs 4.4%, and unemployment 2.2% vs 0.8% — 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 $172,800 in 47501 versus $194,600 in 47562, with median rent of $861 and $548 per month respectively. Homeownership rate is 65.3% vs 78.6%. 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.

Compare different ZIP codes:

vs
Metric
47501
Washington, IN
47562
Odon, IN
Population 17,535 4,658
Median Household Income $62,982 $71,250
Per Capita Income $30,803 $29,914
Median Age 39.1 29.6
Bachelor's Degree or Higher 17.8% 13.1%
Poverty Rate 15.0% 4.4%
Unemployment Rate 2.2% 0.8%
Median Home Value $172,800 $194,600
Median Rent (monthly) $861 $548
Homeownership Rate 65.3% 78.6%
Population Density (per sq mi) 46 27

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
47501
Washington, IN
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Full Profile
47562
Odon, IN
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What are common questions about this comparison?

How do ZIP codes 47501 and 47562 compare?
ZIP 47501 (Washington, IN) has a population of 17,535 and a median household income of $62,982. ZIP 47562 (Odon, IN) has a population of 4,658 and a median household income of $71,250.
Which ZIP code has higher income, 47501 or 47562?
ZIP 47562 (Odon, IN) has a higher median household income of $71,250 compared to $62,982 for ZIP 47501.
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All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.