PlainZIP

Florence, IN · standard

ZIP Code 47020

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

1,309
23/sq mi
$71,875
Median income
$161,700
Median home value
4.0%
Bachelor's or higher

The verdict

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

Top 50%
household income, US ZIPs
30th pct
home value, US ZIPs
23
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47020 against every reporting US ZIP.

ZIP code 47020 is a sparsely populated ZIP (a standard USPS delivery area) in Florence, Switzerland County, Indiana, home to just 1,309 residents across 55.9 square miles, a density of 23 people per square mile, in the Indiana/Vevay time zone.

ZIP 47020 lands in the middle-income range, with a median household income of $71,875 (2% below the Indiana average), while per-capita income is $30,924. The poverty rate stands at 16.4% and the unemployment rate at 0.0%. Housing costs here run $161,700 for a typical home value (16% below the state average), with rent averaging - a month; 75.0% of homes are owner-occupied.

Formal educational attainment runs low here: just 4.0% of adults hold a bachelor's degree or higher, the median age is 42.1, and the average commute is -. Beyond these figures, 8 nearby ZIP codes within about 10 miles are surfaced below, along with 4 more sharing Switzerland County, letting you compare 47020 to its immediate surroundings rather than a national baseline 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 47020, Florence, 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

1,309

Population

55.9

Area (sq mi)

23

People / sq mi

Indiana/Vevay

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 47020?

42.1

Median Age

58.3%

Male

41.7%

Female

0.9%

Foreign-Born

White 91.9%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.1%
Hispanic or Latino 1.0%

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?

$71,875

Median Household Income

-2% vs state

$30,924

Per Capita Income

16.4%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 47020 ranks nationally

Florence, IN household income vs. every US ZIP code

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

$71,875 Top 50% higher than 50% 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 49.2%
Bachelor's Degree or Higher 4.0%

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

What does housing look like?

512

Total Housing Units

432

Occupied Units

80

Vacant Units

2.72

Avg Household Size

Occupancy Type

Owner 75.0%
Renter 25.0%

$161,700

Median Home Value

-16% vs state

1987

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 10 business establishments in ZIP 47020, employing approximately 711 people with a combined annual payroll of $25,132,000.

10

Businesses

711

Employees

$25.1M

Annual Payroll

1

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 4 40.0%

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 47020 vs 47040 →

ZIP 47020 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 47020 ranks #7 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 47020 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 47020 ranks #2 of 9 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
47040 Rising Sun, IN 5,480 7.8 mi
47038 Patriot, IN 1,504 5.1 mi
41095 Warsaw, KY 3,540 6.1 mi
41086 Sparta, KY 2,771 9.4 mi
41045 Ghent, KY 1,273 8.4 mi
41083 Sanders, KY 1,326 10.5 mi
47011 Bennington, IN 1,277 8.7 mi
41046 Glencoe, KY 1,414 9.7 mi

More ZIP Codes in Switzerland County

47043 standard
Vevay, IN
Pop: 5,250
47038 standard
Patriot, IN
Pop: 1,504
47011 standard
Bennington, IN
Pop: 1,277
47224 standard
Canaan, IN
Pop: 636

Related Areas

Switzerland County Florence, IN Indiana

Frequently Asked Questions

What county is ZIP code 47020 in? ▼
ZIP code 47020 (Florence) is located in Switzerland County, Indiana. Switzerland County contains multiple ZIP codes, see the full list at /counties/switzerland-in.
What is the population of ZIP code 47020? ▼
ZIP code 47020 in Florence, IN has a population of 1,309 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47020? ▼
The median household income in ZIP 47020 is $71,875, which is 6% below the national average of $76,288.
What is the average home value in ZIP 47020? ▼
The median home value in ZIP 47020 is $161,700, which is 42% below the national average of $278,155.
What is the demographic makeup of ZIP 47020? ▼
The largest racial group in ZIP 47020 is White at 91.9%. Hispanic or Latino residents make up 1.0% of the population.
How many businesses are in ZIP code 47020? ▼
ZIP code 47020 has 10 business establishments employing approximately 711 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 47020? ▼
In ZIP code 47020, 49.2% of residents aged 25+ have a high school diploma or higher, and 4.0% 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 47020? ▼
In ZIP code 47020, approximately 75.0% of occupied housing units are owner-occupied and 25.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47020? ▼
The poverty rate in ZIP code 47020 is 16.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.