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 Moderate-density area
- $71,875
- Median income Near-median income area
- $161,700
- Median home value Below-median home value
- 4.0%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
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 average Indiana ZIP), while per-capita income is $30,924. The poverty rate is 16.4%, with unemployment at 0.0%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $161,700 (16% below the average Indiana ZIP); owner occupancy is 75.0%.
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 -. The page also surfaces 8 ZIP codes within roughly 10 miles and 4 more in Switzerland County, so 47020 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 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
Who lives in ZIP 47020?
42.1
Median Age
58.3%
Male
41.7%
Female
0.9%
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?
$71,875
Median Household Income
-2% vs state ZIP avg
$30,924
Per Capita Income
16.4%
Poverty Rate
0.0%
Unemployment Rate
How ZIP 47020 ranks among Indiana ZIPs
Florence, 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)
$71,875 Top 48% higher than 52% 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
512housing units
512
Total Housing Units
432
Occupied Units
80
Vacant Units
2.72
Avg Household Size
Occupancy Type
$161,700
Median Home Value
-16% vs state ZIP avg
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.
- 47040
Rising Sun (47040)
5,480 residents
- 41095
Warsaw (41095)
3,540 residents
- 41086
Sparta (41086)
2,771 residents
- 47038 1,504
Patriot (47038)
1,504 residents
- 41046 1,414
Glencoe (41046)
1,414 residents
- 41083 1,326
Sanders (41083)
1,326 residents
- 47020 1,309
Florence (47020)
1,309 residents
- 47011 1,277
Bennington (47011)
1,277 residents
- 41045 1,273
Ghent (41045)
1,273 residents
What this shows Among its immediate neighbors, ZIP 47020 ranks #7 by population - useful context the national average alone can't give.
ZIP 47020 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47040
Rising Sun (47040)
$75,014 median income
- 47020
Florence (47020)
$71,875 median income
- 47011
Bennington (47011)
$67,981 median income
- 41095
Warsaw (41095)
$66,905 median income
- 41046
Glencoe (41046)
$63,250 median income
- 41086
Sparta (41086)
$61,824 median income
- 41045
Ghent (41045)
$53,824 median income
- 41083
Sanders (41083)
$53,088 median income
- 47038
Patriot (47038)
$46,101 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47020, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (1,309 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Switzerland County
Related Areas
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.
Related
Take this with you
What to do with ZIP 47020's numbers, next.
- See how ZIP 47020 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Florence, 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.