Cedar Grove, IN · standard

ZIP Code 47016

Franklin County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

793
16/sq mi
$69,880
Median income
$300,000
Median home value
17.9%
Bachelor's or higher

The verdict

Cedar Grove pairs a below-median household income with above-median home values, in a rural, homeowner-dominated area.

46th pct
household income, US ZIPs
Top 33%
home value, US ZIPs
16
people per sq mi
92%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47016 against every reporting US ZIP.

ZIP code 47016 is a sparsely populated ZIP (a standard USPS delivery area) in Cedar Grove, Franklin County, Indiana, home to just 793 residents across 50.8 square miles, a density of 16 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47016 reports a modest median household income of $69,880 (5% below the Indiana average), while per-capita income is $48,066. Poverty here runs at 3.4%, with unemployment measured at 7.6%. Housing costs here run $300,000 for a typical home value (55% above the state average), with rent averaging $763 a month; 91.6% of homes are owner-occupied.

Educational attainment sits below the national norm: 17.9% of adults hold a bachelor's degree or higher, the median age is 58.2, and the average commute is -. A geography-based comparison follows: 7 ZIP codes within about 10 miles of 47016, plus 6 more within Franklin County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 47016, Cedar Grove, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

793

Population

50.8

Area (sq mi)

16

People / sq mi

Indiana/Indianapolis

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47016?

58.2

Median Age

60.4%

Male

39.6%

Female

0.0%

Foreign-Born

White 97.5%
African American 0.4%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.1%
Hispanic or Latino 0.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$69,880

Median Household Income

-5% vs state

$48,066

Per Capita Income

3.4%

Poverty Rate

7.6%

Unemployment Rate

How ZIP 47016 ranks nationally

Cedar Grove, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$69,880 46th percentile higher than 46% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 66.3%
Bachelor's Degree or Higher 17.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

395

Total Housing Units

395

Occupied Units

0

Vacant Units

1.96

Avg Household Size

Occupancy Type

Owner 91.6%
Renter 8.4%

$300,000

Median Home Value

+55% vs state

$763

Median Rent

1951

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 12 business establishments in ZIP 47016, employing approximately 41 people with a combined annual payroll of $1,734,000.

12

Businesses

41

Employees

$1.7M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Construction 4 33.3%
Retail trade 3 25.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 47016 vs 47060 →

ZIP 47016 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 47016 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47016 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 47016 ranks #5 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
47060 West Harrison, IN 6,448 5.3 mi
47035 New Trenton, IN 233 4.8 mi
45053 Okeana, OH 3,420 5.9 mi
47012 Brookville, IN 10,188 5.8 mi
47010 Bath, IN 306 8.9 mi
45030 Harrison, OH 17,921 10.7 mi
45056 Oxford, OH 27,038 11.0 mi

More ZIP Codes in Franklin County

Frequently Asked Questions

What county is ZIP code 47016 in?
ZIP code 47016 (Cedar Grove) is located in Franklin County, Indiana. Franklin County contains multiple ZIP codes, see the full list at /counties/franklin-in.
What is the population of ZIP code 47016?
ZIP code 47016 in Cedar Grove, IN has a population of 793 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47016?
The median household income in ZIP 47016 is $69,880, which is 8% below the national average of $76,288.
What is the average home value in ZIP 47016?
The median home value in ZIP 47016 is $300,000, which is 8% above the national average of $278,155.
What is the demographic makeup of ZIP 47016?
The largest racial group in ZIP 47016 is White at 97.5%.
How many businesses are in ZIP code 47016?
ZIP code 47016 has 12 business establishments employing approximately 41 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 47016?
In ZIP code 47016, 66.3% of residents aged 25+ have a high school diploma or higher, and 17.9% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 47016?
In ZIP code 47016, approximately 91.6% of occupied housing units are owner-occupied and 8.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47016?
The poverty rate in ZIP code 47016 is 3.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.