PlainZIP

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
$140,595
Median income
$240,500
Median home value
20.1%
Bachelor's or higher

The verdict

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 Indiana average), while per-capita income is $57,328. Local economic indicators show a 1.4% poverty rate alongside 0.0% unemployment. The typical home here is valued at $240,500 (24% above the state average); renters pay a median of - monthly, and 93.5% of units 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 -. A geography-based comparison follows: 9 ZIP codes within about 10 miles of 47531, plus 6 more within Spencer County, give a clearer read than the national average alone.

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

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 47531?

50.7

Median Age

52.5%

Male

47.5%

Female

0.0%

Foreign-Born

White 100.0%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 0.0%
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?

$140,595

Median Household Income

+91% vs state

$57,328

Per Capita Income

1.4%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 47531 ranks nationally

Evanston, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$140,595 Top 5% higher than 95% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Below this entry. $140,000–$160,000: 686 US ZIPs (2%). This entry sits in this band. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 56.0%
Bachelor's Degree or Higher 20.1%

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

What does housing look like?

382

Total Housing Units

382

Occupied Units

0

Vacant Units

2.27

Avg Household Size

Occupancy Type

Owner 93.5%
Renter 6.5%

$240,500

Median Home Value

+24% vs state

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.

residents

What this shows Among its immediate neighbors, ZIP 47531 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47531 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

More ZIP Codes in Spencer County

47635 standard
Rockport, IN
Pop: 5,671
47523 standard
Dale, IN
Pop: 3,435
47579 standard
Santa Claus, IN
Pop: 2,659
47634 standard
Richland, IN
Pop: 2,382
47615 standard
Grandview, IN
Pop: 1,611
47611 standard
Chrisney, IN
Pop: 1,257

Related Areas

Spencer County Evanston, IN Indiana

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.

Read our methodology to see how this data is sourced, computed, and verified.