Spiceland, IN · standard
ZIP Code 47385
Henry County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,612
- 42/sq mi Moderate-density area
- $103,406
- Median income Above-median income area
- $211,200
- Median home value Near-median home value
- 29.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Spiceland pairs an upper-quartile household income with below-median home values, in a rural, homeowner-dominated area.
- Top 17%
- household income, US ZIPs
- 47th pct
- home value, US ZIPs
- 42
- people per sq mi
- 73%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47385 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 47385 (Spiceland, IN) rose +1.9% from 2023 to 2024. The all-transactions index moved from 203.4 in 2023 to 207.2 in 2024 (2000 = 100).
ZIP code 47385 covers 38.6 square miles in Spiceland, Henry County, Indiana (a standard USPS delivery area), with a modest 1,612 residents on file, a density of 42 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47385 lands in the middle-income range, with a median household income of $103,406 (40% above the average Indiana ZIP), while per-capita income is $34,116. The poverty rate is 13.8%, with unemployment at 2.2%; those measures add context to the income figure. Median home value is $211,200 (9% above the average Indiana ZIP) and median rent is $739; 72.6% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 29.2% of adults hold a bachelor's degree or higher, the median age is 34.2, and the average commute is -. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Henry County, so 47385 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 47385
Top 5 sectors by establishment count in Spiceland, IN
Which industries have the most business establishments in ZIP 47385.
- Retail trade
Retail trade
10 establishments
- Accommodation and food services
Accommodation and food services
6 establishments
- Other services (except public administration) 3
Other services (except public administration)
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 47385, Spiceland, 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
1,612
Population
38.6
Area (sq mi)
42
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47385?
34.2
Median Age
48.6%
Male
51.4%
Female
1.5%
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?
$103,406
Median Household Income
+40% vs state ZIP avg
$34,116
Per Capita Income
13.8%
Poverty Rate
2.2%
Unemployment Rate
How ZIP 47385 ranks among Indiana ZIPs
Spiceland, 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)
$103,406 Top 8% higher than 92% 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
714housing units
714
Total Housing Units
665
Occupied Units
49
Vacant Units
2.58
Avg Household Size
Occupancy Type
$211,200
Median Home Value
+9% vs state ZIP avg
$739
Median Rent
1949
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
+1.9%
YoY Change (2024)
207
HPI Index (2000 = 100)
+107%
Total Change Since 2000
Home values in ZIP 47385 have increased 1.9% over the past year (2024). Since 2000, this ZIP has seen +107% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.3% | 122 |
| 2021 | +13.4% | 138 |
| 2022 | +22.8% | 169 |
| 2023 | +20.1% | 203 |
| 2024 | +1.9% | 207 |
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 25 business establishments in ZIP 47385, employing approximately 917 people with a combined annual payroll of $52,787,000.
25
Businesses
917
Employees
$52.8M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 10 | 40.0% |
| Accommodation and food services | 6 | 24.0% |
| Other services (except public administration) | 3 | 12.0% |
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 47385 vs 47337 →
ZIP 47385 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47362
New Castle (47362)
30,243 residents
- 46148 5,097
Knightstown (46148)
5,097 residents
- 47384 2,000
Shirley (47384)
2,000 residents
- 46115 1,933
Carthage (46115)
1,933 residents
- 47385 1,612
Spiceland (47385)
1,612 residents
- 47352 965
Lewisville (47352)
965 residents
- 47351 471
Kennard (47351)
471 residents
- 46127 416
Falmouth (46127)
416 residents
- 47337 203
Dunreith (47337)
203 residents
What this shows Among its immediate neighbors, ZIP 47385 ranks #5 by population - useful context the national average alone can't give.
ZIP 47385 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47385
Spiceland (47385)
$103,406 median income
- 47384
Shirley (47384)
$74,167 median income
- 47352
Lewisville (47352)
$66,250 median income
- 46148
Knightstown (46148)
$63,914 median income
- 46115
Carthage (46115)
$61,406 median income
- 47362
New Castle (47362)
$60,258 median income
- 47351
Kennard (47351)
$57,813 median income
- 47337
Dunreith (47337)
$57,250 median income
- 46127
Falmouth (46127)
$52,639 median income
What this shows By household income, ZIP 47385 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 47337 | Dunreith, IN | 203 | 2.1 mi |
| 47344 | Greensboro, IN | 140 | 3.3 mi |
| 46148 | Knightstown, IN | 5,097 | 3.9 mi |
| 46155 | Mays, IN | 103 | 6.2 mi |
| 47352 | Lewisville, IN | 965 | 5.0 mi |
| 47351 | Kennard, IN | 471 | 6.4 mi |
| 47362 | New Castle, IN | 30,243 | 7.9 mi |
| 47384 | Shirley, IN | 2,000 | 8.1 mi |
| 46115 | Carthage, IN | 1,933 | 9.1 mi |
| 46127 | Falmouth, IN | 416 | 11.0 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47385, 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 (1,612 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Henry County
Related Areas
Frequently Asked Questions
What county is ZIP code 47385 in?
ZIP code 47385 (Spiceland) is located in Henry County, Indiana. Henry County contains multiple ZIP codes, see the full list at /counties/henry-in.
What is the population of ZIP code 47385?
ZIP code 47385 in Spiceland, IN has a population of 1,612 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47385?
The median household income in ZIP 47385 is $103,406, which is 36% above the national average of $76,288.
What is the average home value in ZIP 47385?
The median home value in ZIP 47385 is $211,200, which is 24% below the national average of $278,155.
What is the demographic makeup of ZIP 47385?
The largest racial group in ZIP 47385 is White at 96.4%. Hispanic or Latino residents make up 5.0% of the population.
How many businesses are in ZIP code 47385?
ZIP code 47385 has 25 business establishments employing approximately 917 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47385?
The top industries by establishment count in ZIP 47385 are: Retail trade (10), Accommodation and food services (6), Other services (except public administration) (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 47385?
According to the FHFA House Price Index, home values in ZIP 47385 increased by 1.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 107%. 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 47385?
In ZIP code 47385, 70.2% of residents aged 25+ have a high school diploma or higher, and 29.2% 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 47385?
In ZIP code 47385, approximately 72.6% of occupied housing units are owner-occupied and 27.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47385?
The poverty rate in ZIP code 47385 is 13.8% 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 47385's numbers, next.
- See how ZIP 47385 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Spiceland, 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.