Evanston, IN · standard
ZIP Code 47531
Spencer County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,004
- 11/sq mi Low-density area
- $140,595
- Median income Above-median income area
- $240,500
- Median home value Near-median home value
- 20.1%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Evanston pairs a top-decile household income with above-median home values, in a rural, homeowner-dominated area.
- Top 5%
- household income, US ZIPs
- Top 45%
- home value, US ZIPs
- 11
- people per sq mi
- 94%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47531 against every reporting US ZIP.
ZIP code 47531 is a sparsely populated ZIP (a standard USPS delivery area) in Evanston, Spencer County, Indiana, home to just 1,004 residents across 95.6 square miles, a density of 11 people per square mile, in the Chicago time zone.
ZIP 47531 skews affluent, with a median household income of $140,595 (91% above the average Indiana ZIP), while per-capita income is $57,328. Both reported hardship measures are comparatively low in absolute terms: poverty is 1.4% and unemployment is 0.0%. Housing is both higher-cost and owner-heavy: median home value is $240,500 (24% above the average Indiana ZIP), while 93.5% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 20.1% of adults hold a bachelor's degree or higher, the median age is 50.7, and the average commute is -. The page also surfaces 9 ZIP codes within roughly 10 miles and 6 more in Spencer County, so 47531 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 →
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 47531, Evanston, 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
1,004
Population
95.6
Area (sq mi)
11
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 47531?
50.7
Median Age
52.5%
Male
47.5%
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?
$140,595
Median Household Income
+91% vs state ZIP avg
$57,328
Per Capita Income
1.4%
Poverty Rate
0.0%
Unemployment Rate
How ZIP 47531 ranks among Indiana ZIPs
Evanston, 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)
$140,595 Top 1% higher than 99% 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
382housing units
382
Total Housing Units
382
Occupied Units
0
Vacant Units
2.27
Avg Household Size
Occupancy Type
$240,500
Median Home Value
+24% vs state ZIP avg
1968
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 9 business establishments in ZIP 47531, employing approximately 51 people with a combined annual payroll of $1,324,000.
9
Businesses
51
Employees
$1.3M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 3 | 33.3% |
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 47531 vs 47536 →
ZIP 47531 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 42351
Lewisport (42351)
3,851 residents
- 47579
Santa Claus (47579)
2,659 residents
- 47615
Grandview (47615)
1,611 residents
- 47577 1,143
Saint Meinrad (47577)
1,143 residents
- 47531 1,004
Evanston (47531)
1,004 residents
- 47515 965
Bristow (47515)
965 residents
- 47550 854
Lamar (47550)
854 residents
- 47588 698
Troy (47588)
698 residents
- 47552 182
Lincoln City (47552)
182 residents
What this shows Among its immediate neighbors, ZIP 47531 ranks #5 by population - useful context the national average alone can't give.
ZIP 47531 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47552
Lincoln City (47552)
$146,141 median income
- 47531
Evanston (47531)
$140,595 median income
- 47579
Santa Claus (47579)
$87,926 median income
- 47550
Lamar (47550)
$80,625 median income
- 42351
Lewisport (42351)
$76,213 median income
- 47515
Bristow (47515)
$71,016 median income
- 47615
Grandview (47615)
$66,458 median income
- 47588 $57,315
Troy (47588)
$57,315 median income
- 47577 $52,208
Saint Meinrad (47577)
$52,208 median income
What this shows By household income, ZIP 47531 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 47536 | Fulda, IN | 40 | 5.1 mi |
| 47550 | Lamar, IN | 854 | 4.4 mi |
| 47588 | Troy, IN | 698 | 4.5 mi |
| 47579 | Santa Claus, IN | 2,659 | 6.3 mi |
| 47577 | Saint Meinrad, IN | 1,143 | 8.2 mi |
| 42351 | Lewisport, KY | 3,851 | 9.3 mi |
| 47615 | Grandview, IN | 1,611 | 7.5 mi |
| 47552 | Lincoln City, IN | 182 | 9.5 mi |
| 47515 | Bristow, IN | 965 | 12.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47531, 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 (1,004 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Spencer County
Related Areas
Frequently Asked Questions
What county is ZIP code 47531 in?
ZIP code 47531 (Evanston) is located in Spencer County, Indiana. Spencer County contains multiple ZIP codes, see the full list at /counties/spencer-in.
What is the population of ZIP code 47531?
ZIP code 47531 in Evanston, IN has a population of 1,004 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47531?
The median household income in ZIP 47531 is $140,595, which is 84% above the national average of $76,288.
What is the average home value in ZIP 47531?
The median home value in ZIP 47531 is $240,500, which is 14% below the national average of $278,155.
What is the demographic makeup of ZIP 47531?
The largest racial group in ZIP 47531 is White at 100.0%.
How many businesses are in ZIP code 47531?
ZIP code 47531 has 9 business establishments employing approximately 51 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 47531?
In ZIP code 47531, 56.0% of residents aged 25+ have a high school diploma or higher, and 20.1% 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 47531?
In ZIP code 47531, approximately 93.5% of occupied housing units are owner-occupied and 6.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47531?
The poverty rate in ZIP code 47531 is 1.4% 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 47531's numbers, next.
- See how ZIP 47531 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Evanston, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.