ZIP Code 47235
standardSource:
Freetown · Jackson County · Indiana
- Population
- 1,784
- Median income
- $73,963
- Median home value
- $240,300
- Bachelor's or higher
- 16.3%
- Land area
- 104.3 sq mi
17/sq mi
▼ 3% vs US
higher than 53% of US ZIPs
▼ 14% vs US
higher than 55% of US ZIPs
Median age 54.8
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
Who lives in ZIP 47235?
54.8
Median Age
46.4%
Male
53.6%
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?
$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?
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
$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)
How have home values changed over time?
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 →
More ZIP Codes in Jackson County
Related Areas
Frequently Asked Questions
What county is ZIP code 47235 in? ▼
What is the population of ZIP code 47235? ▼
What is the median household income in ZIP 47235? ▼
What is the average home value in ZIP 47235? ▼
What is the demographic makeup of ZIP 47235? ▼
How many businesses are in ZIP code 47235? ▼
How have home values changed in ZIP code 47235? ▼
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What percentage of residents own vs. rent in ZIP 47235? ▼
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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.
Read our methodology , how this data is sourced, computed, and verified.