PlainZIP

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
$57,316
Median income
$153,300
Median home value
7.8%
Bachelor's or higher

The verdict

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 Indiana average), while per-capita income is $26,398. Poverty here runs at 12.2%, with unemployment measured at 5.0%. The typical home here is valued at $153,300 (21% below the state average); renters pay a median of $961 monthly, and 82.7% of units are owner-occupied.

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 -. A geography-based comparison follows: 3 ZIP codes within about 10 miles of 47024, 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 →

Top industries in ZIP 47024

Top 5 sectors by establishment count in Laurel, IN

Which industries have the most business establishments in ZIP 47024.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

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 47024?

37.4

Median Age

52.2%

Male

47.8%

Female

0.0%

Foreign-Born

White 96.1%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.9%
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?

$57,316

Median Household Income

-22% vs state

$26,398

Per Capita Income

12.2%

Poverty Rate

5.0%

Unemployment Rate

How ZIP 47024 ranks nationally

Laurel, IN household income vs. every US ZIP code

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

$57,316 25th percentile higher than 25% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 50.2%
Bachelor's Degree or Higher 7.8%

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

What does housing look like?

1,155

Total Housing Units

1,044

Occupied Units

111

Vacant Units

2.78

Avg Household Size

Occupancy Type

Owner 82.7%
Renter 17.3%

$153,300

Median Home Value

-21% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 47024 ranks the most populous - useful context the national average alone can't give.

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

ZIP 47024 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 47024 ranks #3 of 3 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
47030 Metamora, IN 1,636 5.1 mi
47036 Oldenburg, IN 1,023 6.5 mi
46133 Glenwood, IN 816 9.6 mi

More ZIP Codes in Franklin County

47012 standard
Brookville, IN
Pop: 10,188
47030 standard
Metamora, IN
Pop: 1,636
47036 standard
Oldenburg, IN
Pop: 1,023
47016 standard
Cedar Grove, IN
Pop: 793
47010 standard
Bath, IN
Pop: 306
47035 standard
New Trenton, IN
Pop: 233

Related Areas

Franklin County Laurel, IN Indiana

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.

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