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 Moderate-density area
- $69,880
- Median income Near-median income area
- $300,000
- Median home value Above-median home value
- 17.9%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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 average Indiana ZIP), while per-capita income is $48,066. The poverty rate is 3.4%, with unemployment at 7.6%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $300,000 (55% above the average Indiana ZIP), while 91.6% of occupied homes are owner-occupied and median rent is $763.
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 -. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Franklin County, so 47016 can be compared with both its immediate and county-level context.
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
Who lives in ZIP 47016?
58.2
Median Age
60.4%
Male
39.6%
Female
0.0%
Foreign-Born
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 ZIP avg
$48,066
Per Capita Income
3.4%
Poverty Rate
7.6%
Unemployment Rate
How ZIP 47016 ranks among Indiana ZIPs
Cedar Grove, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$69,880 47th percentile higher than 47% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
395housing units
395
Total Housing Units
395
Occupied Units
0
Vacant Units
1.96
Avg Household Size
Occupancy Type
$300,000
Median Home Value
+55% vs state ZIP avg
$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.
- 45056
Oxford (45056)
27,038 residents
- 45030
Harrison (45030)
17,921 residents
- 47012 10,188
Brookville (47012)
10,188 residents
- 47060 6,448
West Harrison (47060)
6,448 residents
- 45053 3,420
Okeana (45053)
3,420 residents
- 47016 793
Cedar Grove (47016)
793 residents
- 47010 306
Bath (47010)
306 residents
- 47035 233
New Trenton (47035)
233 residents
What this shows Among its immediate neighbors, ZIP 47016 ranks #6 by population - useful context the national average alone can't give.
ZIP 47016 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 45053
Okeana (45053)
$109,148 median income
- 45030
Harrison (45030)
$98,598 median income
- 47060
West Harrison (47060)
$86,118 median income
- 47012
Brookville (47012)
$84,958 median income
- 47016
Cedar Grove (47016)
$69,880 median income
- 45056
Oxford (45056)
$49,233 median income
- 47035 $36,696
New Trenton (47035)
$36,696 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47016, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Franklin County
Related Areas
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.
Related
Take this with you
What to do with ZIP 47016's numbers, next.
- See how ZIP 47016 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cedar Grove, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.