Greenville, IN · standard
ZIP Code 47124
Floyd County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,264
- 67/sq mi Moderate-density area
- $121,188
- Median income Above-median income area
- $315,800
- Median home value Above-median home value
- 37.1%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Greenville pairs a top-decile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 9%
- household income, US ZIPs
- Top 31%
- home value, US ZIPs
- 67
- people per sq mi
- 98%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47124 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 47124 (Greenville, IN) rose +2.7% from 2023 to 2024. The all-transactions index moved from 216.9 in 2023 to 222.8 in 2024 (2000 = 100).
ZIP code 47124 covers 63.5 square miles in Greenville, Floyd County, Indiana (a standard USPS delivery area), with a modest 4,264 residents on file, a density of 67 people per square mile, in the Kentucky/Louisville time zone.
ZIP 47124 skews affluent, with a median household income of $121,188 (65% above the average Indiana ZIP), while per-capita income is $52,004. Both reported hardship measures are comparatively low in absolute terms: poverty is 3.4% and unemployment is 2.4%. Housing is both higher-cost and owner-heavy: median home value is $315,800 (63% above the average Indiana ZIP), while 98.0% of occupied homes are owner-occupied and median rent is $1,163.
A solid share of residents have a four-year degree: 37.1% of adults hold a bachelor's degree or higher, the median age is 42.5, and the average commute is 32 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 3 more in Floyd County, so 47124 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 47124
Top 5 sectors by establishment count in Greenville, IN
Which industries have the most business establishments in ZIP 47124.
- Construction
Construction
16 establishments
- Other services (except public administration)
Other services (except public administration)
9 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
8 establishments
- Retail trade
Retail trade
7 establishments
- Transportation and warehousing 6
Transportation and warehousing
6 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 47124, Greenville, 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
4,264
Population
63.5
Area (sq mi)
67
People / sq mi
Kentucky/Louisville
Time Zone
standard
ZIP Type
Who lives in ZIP 47124?
42.5
Median Age
51.0%
Male
49.0%
Female
2.7%
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?
$121,188
Median Household Income
+65% vs state ZIP avg
$52,004
Per Capita Income
3.4%
Poverty Rate
2.4%
Unemployment Rate
31.9 min
Mean Commute Time
How ZIP 47124 ranks among Indiana ZIPs
Greenville, 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)
$121,188 Top 3% higher than 97% 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
1,912housing units
1,912
Total Housing Units
1,813
Occupied Units
99
Vacant Units
2.95
Avg Household Size
Occupancy Type
$315,800
Median Home Value
+63% vs state ZIP avg
$1,163
Median Rent
1994
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
+2.7%
YoY Change (2024)
223
HPI Index (2000 = 100)
+123%
Total Change Since 2000
Home values in ZIP 47124 have increased 2.7% over the past year (2024). Since 2000, this ZIP has seen +123% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.9% | 156 |
| 2021 | +9.7% | 171 |
| 2022 | +15.5% | 197 |
| 2023 | +9.8% | 217 |
| 2024 | +2.7% | 223 |
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 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 66 business establishments in ZIP 47124, employing approximately 357 people with a combined annual payroll of $21,882,000.
66
Businesses
357
Employees
$21.9M
Annual Payroll
9
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 16 | 24.2% |
| Other services (except public administration) | 9 | 13.6% |
| Professional, scientific, and technical services | 8 | 12.1% |
| Retail trade | 7 | 10.6% |
| Transportation and warehousing | 6 | 9.1% |
| Wholesale trade | 4 | 6.1% |
| Manufacturing | 3 | 4.5% |
| Real estate and rental and leasing | 3 | 4.5% |
| Administrative and support and waste management and remediation services | 3 | 4.5% |
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 47124 vs 47122 →
ZIP 47124 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47119
Floyds Knobs (47119)
10,911 residents
- 47122
Georgetown (47122)
9,979 residents
- 47165
Pekin (47165)
6,438 residents
- 47106
Borden (47106)
4,718 residents
- 47124 4,264
Greenville (47124)
4,264 residents
- 47136 4,178
Lanesville (47136)
4,178 residents
- 47164 3,779
Palmyra (47164)
3,779 residents
- 47161 3,735
New Salisbury (47161)
3,735 residents
- 47114 399
Crandall (47114)
399 residents
What this shows Among its immediate neighbors, ZIP 47124 ranks #5 by population - useful context the national average alone can't give.
ZIP 47124 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47124
Greenville (47124)
$121,188 median income
- 47119
Floyds Knobs (47119)
$119,410 median income
- 47122
Georgetown (47122)
$107,500 median income
- 47114
Crandall (47114)
$103,427 median income
- 47136
Lanesville (47136)
$91,333 median income
- 47106
Borden (47106)
$87,344 median income
- 47161
New Salisbury (47161)
$79,914 median income
- 47165
Pekin (47165)
$79,744 median income
- 47164
Palmyra (47164)
$63,389 median income
What this shows By household income, ZIP 47124 ranks the highest 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 47124, 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 (4,264 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Floyd County
Related Areas
Frequently Asked Questions
What county is ZIP code 47124 in?
ZIP code 47124 (Greenville) is located in Floyd County, Indiana. Floyd County contains multiple ZIP codes, see the full list at /counties/floyd-in.
What is the population of ZIP code 47124?
ZIP code 47124 in Greenville, IN has a population of 4,264 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47124?
The median household income in ZIP 47124 is $121,188, which is 59% above the national average of $76,288.
What is the average home value in ZIP 47124?
The median home value in ZIP 47124 is $315,800, which is 14% above the national average of $278,155.
What is the demographic makeup of ZIP 47124?
The largest racial group in ZIP 47124 is White at 89.7%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 47124?
ZIP code 47124 has 66 business establishments employing approximately 357 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47124?
The top industries by establishment count in ZIP 47124 are: Construction (16), Other services (except public administration) (9), Professional, scientific, and technical services (8). There are 9 industry sectors represented in total.
How have home values changed in ZIP code 47124?
According to the FHFA House Price Index, home values in ZIP 47124 increased by 2.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 123%. 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 47124?
In ZIP code 47124, 68.2% of residents aged 25+ have a high school diploma or higher, and 37.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47124?
The mean commute time for workers in ZIP code 47124 is 31.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47124?
In ZIP code 47124, approximately 98.0% of occupied housing units are owner-occupied and 2.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47124?
The poverty rate in ZIP code 47124 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 47124's numbers, next.
- See how ZIP 47124 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
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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.