Residential delivery area · Indiana
ZIP Code 47431: Freedom, IN
ZIP code 47431 uses the postal name Freedom, Indiana and lies entirely in Owen County (Census 2020 ZIP-county file). About 1,700 people live there (Census Bureau, ACS 2020-2024). Median household income is $61,948 (Census Bureau, ACS 2020-2024). Its land lies outside any incorporated or census-designated place.
- ACS2020-24
- Census2020
- ZBP2023
- IRS2022
- Town
- Freedom · its only residential ZIP
- County
- Owen County
- Metro area
- Bloomington, IN
- House district
- IN-8 119th Congress
- State
- Indiana
- Time zone
- Eastern
- Land area
- 36.6 sq mi · 45 people per sq mi
Where is ZIP code 47431?
47431 centers on 39.245°, -86.915° and covers 36.6 square miles of land plus 0.0 of water. It borders 3 ZIP codes: 47427, 47460, 47471.
The map draws ZIP code areas only. For the streets inside 47431, open its center on OpenStreetMap.
Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).
How does 47431 compare with the rest of Owen County?
| Measure | 47431 | In Owen County | In IN |
|---|---|---|---|
| People (ACS 2020-2024) | 1,662 | 10th of 14 | 494th of 807 |
| Median household income | $62k | not ranked | not ranked |
| Median home value | $164k | 7th of 11 | 355th of 509 |
47431's median household income is not ranked: its 90% margin of error (±$27,578) is more than a quarter of the figure ($61,948). Rankings use ZIP codes of 1,000 or more people living in households, with margins at most 25% of the figure.
It is denser than 40% of U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).
How many people live in 47431?
The 2020 Census counted 1,316 people in 47431; the ACS, which samples households over 2020-2024, estimates 1,662. Between the 2010 and 2020 censuses its population fell 3.7% (its boundary stayed at least 90% the same).
- People, ACS 2020-2024
- 1,662±567 (90% margin)
- 2020 Census count
- 1,316−3.7% since 2010 (1,366)
- Households
- 548
- Median age
- 32.8
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).
Who lives in 47431?
Of the 1,662 people the ACS estimates in 47431, 33.5% are under 18 and 20.1% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (95.7%).
- Under 1833.5%
- 18 to 6446.4%
- 65 and older20.1%
- White, not Hispanic95.7%
- Hispanic or Latino3.4%
- Other or two or more0.9%
- Black, not Hispanic0.0%
- Asian, not Hispanic0.0%
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.
What do households in 47431 earn?
Median household income is $61,948 (ACS 2020-2024). It is not measurably different from 2015-2019 ($61,350 in 2024 dollars): the change is within the surveys' margins of error.
- Median household income
- $61,948±$27,578
- Income per person
- $31,038
- Below the poverty line
- 10.3%
- Unemployed (of the labor force)
- 1.2%
- Adults 25+ with a bachelor's degree
- 9.5%
- Adjusted gross income per tax return, 2022
- $58,913640 returns; wages 72% of AGI (IRS)
Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).
What are homes worth in 47431?
- Median home value (owners' estimate)
- $163,500
- Median gross rent
- $742
- Homes owned by their occupants
- 88.9%
- Housing units
- 651
Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001).
What businesses are in 47431?
11 business establishments had a location in this ZIP code in 2023, 2 fewer than in 2018; the most are in construction (ZIP Code Business Patterns).
- Construction3
- Professional, scientific, and technical services3
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).
Which ZIP codes are next to 47431?
| ZIP | Town | People | Household income | Distance |
|---|---|---|---|---|
| 47427 | Coal City | 1,014 | $75k | 5.0 mi |
| 47460 | Spencer | 11,006 | $68k | 6.9 mi |
| 47471 | Worthington | 2,755 | $70k | 8.5 mi |
| 47455 | Patricksburg | 37 | – | 5.2 mi (near) |
| 47833 | Bowling Green | 836 | $68k | 8.5 mi (near) |
| 47841 | Clay City | 2,534 | $71k | 10.9 mi (near) |
| 47868 | Poland | 2,666 | $51k | 11.5 mi (near) |
| 47459 | Solsberry | 3,485 | $76k | 12.7 mi (near) |
Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.