ZIP Code 47235

standard

Source:

Freetown · Jackson County · Indiana

Population
1,784

17/sq mi

Median income
$73,963

▼ 3% vs US

higher than 53% of US ZIPs

Median home value
$240,300

▼ 14% vs US

higher than 55% of US ZIPs

Bachelor's or higher
16.3%

Median age 54.8

Land area
104.3 sq mi

Indiana/Indianapolis

ZIP code 47235 in Freetown, Indiana has a population of 1,784. The median household income is $73,963, which is 3% below the national average. Median home value is $240,300, 14% below the US average. 16.3% of residents hold a bachelor's degree or higher.

ZIP code 47235 is classified by USPS as a standard delivery area and covers roughly 104.3 square miles in Freetown, Jackson County, Indiana. The area is home to 1,784 residents, producing a population density of 17 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47235 against Indiana and the nation.

On the economic side, the median household income for ZIP 47235 sits at $73,963 (0% above the Indiana average), while per-capita income is $30,542. The poverty rate stands at 17.4% and the unemployment rate at 12.3%. On housing, the median home value is $240,300 (24% above the state average) with median rent at $687 per month, and 93.8% of occupied units are owner-occupied, a direct signal of whether 47235 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.3% of adults hold a bachelor's degree or higher, the median age is 54.8, and the average commute is . We also surface 2 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jackson County, so you can benchmark 47235 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47235, Freetown, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

1,784

Population

104.3

Area (sq mi)

17

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 47235?

54.8

Median Age

46.4%

Male

53.6%

Female

0.0%

Foreign-Born

White 99.5%
African American 0.1%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 0.4%
Hispanic or Latino 0.0%

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?

$73,963

Median Household Income

+0% vs state

$30,542

Per Capita Income

17.4%

Poverty Rate

12.3%

Unemployment Rate

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

What is the education profile here?

High School Graduate or Higher 76.0%
Bachelor's Degree or Higher 16.3%

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

What does housing look like?

1,003

Total Housing Units

786

Occupied Units

217

Vacant Units

2.12

Avg Household Size

Occupancy Type

Owner 93.8%
Renter 6.2%

$240,300

Median Home Value

+24% vs state

$687

Median Rent

1994

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+14.3%

YoY Change (2022)

215

HPI Index (2000 = 100)

+115%

Total Change Since 2000

Home values in ZIP 47235 have increased 14.3% over the past year (2022). Since 2000, this ZIP has seen +115% cumulative appreciation.

Year Annual Change HPI Index
2017 +0.1% 132
2019 154
2020 +11.3% 171
2021 +10.2% 188
2022 +14.3% 215

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 2022. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 18 business establishments in ZIP 47235, employing approximately 40 people with a combined annual payroll of $1,724,000.

18

Businesses

40

Employees

$1.7M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Construction 4 22.2%
Transportation and warehousing 3 16.7%

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 47235 vs 47264 →

ZIP Code City Population Distance
47264 Norman, IN 1,428 7.4 mi
47220 Brownstown, IN 5,652 9.4 mi

More ZIP Codes in Jackson County

Frequently Asked Questions

What county is ZIP code 47235 in?
ZIP code 47235 (Freetown) is located in Jackson County, Indiana. Jackson County contains multiple ZIP codes, see the full list at /counties/jackson-in.
What is the population of ZIP code 47235?
ZIP code 47235 in Freetown, IN has a population of 1,784 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47235?
The median household income in ZIP 47235 is $73,963, which is 3% below the national average of $76,288.
What is the average home value in ZIP 47235?
The median home value in ZIP 47235 is $240,300, which is 14% below the national average of $278,155.
What is the demographic makeup of ZIP 47235?
The largest racial group in ZIP 47235 is White at 99.5%.
How many businesses are in ZIP code 47235?
ZIP code 47235 has 18 business establishments employing approximately 40 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 47235?
According to the FHFA House Price Index, home values in ZIP 47235 increased by 14.3% in 2022. Since 2000, home values in this ZIP have appreciated by approximately 115%. 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 47235?
In ZIP code 47235, 76.0% of residents aged 25+ have a high school diploma or higher, and 16.3% 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 47235?
In ZIP code 47235, approximately 93.8% of occupied housing units are owner-occupied and 6.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47235?
The poverty rate in ZIP code 47235 is 17.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Freetown, IN

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.