Laurel, IN · standard
ZIP Code 47024
Franklin County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,226
- 19/sq mi Moderate-density area
- $57,316
- Median income Below-median income area
- $153,300
- Median home value Below-median home value
- 7.8%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Laurel pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 25th pct
- household income, US ZIPs
- 27th pct
- home value, US ZIPs
- 19
- people per sq mi
- 83%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47024 against every reporting US ZIP.
ZIP code 47024 covers 168.9 square miles in Laurel, Franklin County, Indiana (a standard USPS delivery area), with a modest 3,226 residents on file, a density of 19 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47024 reports a modest median household income of $57,316 (22% below the average Indiana ZIP), while per-capita income is $26,398. The poverty rate is 12.2%, with unemployment at 5.0%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $153,300 (21% below the average Indiana ZIP), and median rent is $961; owner occupancy is 82.7%.
Formal educational attainment runs low here: just 7.8% of adults hold a bachelor's degree or higher, the median age is 37.4, and the average commute is -. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Franklin County, so 47024 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 →
Top industries in ZIP 47024
Top 5 sectors by establishment count in Laurel, IN
Which industries have the most business establishments in ZIP 47024.
- Construction
Construction
7 establishments
- Retail trade
Retail trade
4 establishments
- Accommodation and food services
Accommodation and food services
3 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
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 47024, Laurel, 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
3,226
Population
168.9
Area (sq mi)
19
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47024?
37.4
Median Age
52.2%
Male
47.8%
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?
$57,316
Median Household Income
-22% vs state ZIP avg
$26,398
Per Capita Income
12.2%
Poverty Rate
5.0%
Unemployment Rate
How ZIP 47024 ranks among Indiana ZIPs
Laurel, 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)
$57,316 19th percentile higher than 19% 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
1,155housing units
1,155
Total Housing Units
1,044
Occupied Units
111
Vacant Units
2.78
Avg Household Size
Occupancy Type
$153,300
Median Home Value
-21% vs state ZIP avg
$961
Median Rent
1982
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+14.6%
YoY Change (2023)
212
HPI Index (2000 = 100)
+112%
Total Change Since 2000
Home values in ZIP 47024 have increased 14.6% over the past year (2023). Since 2000, this ZIP has seen +112% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +3.2% | 127 |
| 2020 | +8.7% | 138 |
| 2021 | +25.9% | 174 |
| 2022 | +6.7% | 185 |
| 2023 | +14.6% | 212 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2023. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 23 business establishments in ZIP 47024, employing approximately 76 people with a combined annual payroll of $1,936,000.
23
Businesses
76
Employees
$1.9M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 7 | 30.4% |
| Retail trade | 4 | 17.4% |
| Accommodation and food services | 3 | 13.0% |
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 47024 vs 47030 →
ZIP 47024 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47024
Laurel (47024)
3,226 residents
- 47030
Metamora (47030)
1,636 residents
- 47036 1,023
Oldenburg (47036)
1,023 residents
- 46133 816
Glenwood (46133)
816 residents
What this shows Among its immediate neighbors, ZIP 47024 ranks the most populous - useful context the national average alone can't give.
ZIP 47024 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47036
Oldenburg (47036)
$98,300 median income
- 46133
Glenwood (46133)
$57,589 median income
- 47024
Laurel (47024)
$57,316 median income
What this shows By household income, ZIP 47024 ranks #3 of 3 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 47024, 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 (3,226 here; floor ≥1,000).
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 47024 in?
ZIP code 47024 (Laurel) 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 47024?
ZIP code 47024 in Laurel, IN has a population of 3,226 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47024?
The median household income in ZIP 47024 is $57,316, which is 25% below the national average of $76,288.
What is the average home value in ZIP 47024?
The median home value in ZIP 47024 is $153,300, which is 45% below the national average of $278,155.
What is the demographic makeup of ZIP 47024?
The largest racial group in ZIP 47024 is White at 96.1%. Hispanic or Latino residents make up 1.0% of the population.
How many businesses are in ZIP code 47024?
ZIP code 47024 has 23 business establishments employing approximately 76 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47024?
The top industries by establishment count in ZIP 47024 are: Construction (7), Retail trade (4), Accommodation and food services (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 47024?
According to the FHFA House Price Index, home values in ZIP 47024 increased by 14.6% in 2023. Since 2000, home values in this ZIP have appreciated by approximately 112%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47024?
In ZIP code 47024, 50.2% of residents aged 25+ have a high school diploma or higher, and 7.8% 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 47024?
In ZIP code 47024, approximately 82.7% of occupied housing units are owner-occupied and 17.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47024?
The poverty rate in ZIP code 47024 is 12.2% 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 47024's numbers, next.
- See how ZIP 47024 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Laurel, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.