Oaktown, IN · standard
ZIP Code 47561
Knox County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,588
- 9/sq mi
- $45,911
- Median income
- $77,500
- Median home value
- 5.7%
- Bachelor's or higher
The verdict
Oaktown pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 10th pct
- household income, US ZIPs
- 4th pct
- home value, US ZIPs
- 9
- people per sq mi
- 70%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47561 against every reporting US ZIP.
ZIP code 47561 covers 184.7 square miles in Oaktown, Knox County, Indiana (a standard USPS delivery area), with a modest 1,588 residents on file, a density of 9 people per square mile, in the Indiana/Vincennes time zone.
ZIP 47561 reports a modest median household income of $45,911 (38% below the Indiana average), while per-capita income is $31,719. 14.5% of residents live below the poverty line, and the unemployment rate reads 1.0%. The typical home here is valued at $77,500 (60% below the state average); renters pay a median of $688 monthly, and 70.1% of units are owner-occupied.
Formal educational attainment runs low here: just 5.7% of adults hold a bachelor's degree or higher, the median age is 48.9, and the average commute is 21 minutes. A geography-based comparison follows: 4 ZIP codes within about 10 miles of 47561, plus 6 more within Knox 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 →
Top industries in ZIP 47561
Top 5 sectors by establishment count in Oaktown, IN
Which industries have the most business establishments in ZIP 47561.
- Retail trade
Retail trade
4 establishments
- Transportation and warehousing
Transportation and warehousing
4 establishments
- Wholesale trade
Wholesale trade
3 establishments
- Health care and social assistance
Health care and social assistance
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 47561, Oaktown, 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
1,588
Population
184.7
Area (sq mi)
9
People / sq mi
Indiana/Vincennes
Time Zone
standard
ZIP Type
Who lives in ZIP 47561?
48.9
Median Age
50.8%
Male
49.2%
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?
$45,911
Median Household Income
-38% vs state
$31,719
Per Capita Income
14.5%
Poverty Rate
1.0%
Unemployment Rate
21.0 min
Mean Commute Time
How ZIP 47561 ranks nationally
Oaktown, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$45,911 10th percentile higher than 10% of 30,318 US ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
717
Total Housing Units
673
Occupied Units
44
Vacant Units
2.01
Avg Household Size
Occupancy Type
$77,500
Median Home Value
-60% vs state
$688
Median Rent
1975
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 23 business establishments in ZIP 47561, employing approximately 1,001 people with a combined annual payroll of $87,939,000.
23
Businesses
1,001
Employees
$87.9M
Annual Payroll
4
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 4 | 17.4% |
| Transportation and warehousing | 4 | 17.4% |
| Wholesale trade | 3 | 13.0% |
| Health care and social assistance | 3 | 13.0% |
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 47561 vs 47516 →
ZIP 47561 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47838
Carlisle (47838)
4,081 residents
- 47512
Bicknell (47512)
3,981 residents
- 47561 1,588
Oaktown (47561)
1,588 residents
- 47516 1,249
Bruceville (47516)
1,249 residents
- 47535 566
Freelandville (47535)
566 residents
What this shows Among its immediate neighbors, ZIP 47561 ranks #3 by population - useful context the national average alone can't give.
ZIP 47561 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47516
Bruceville (47516)
$76,250 median income
- 47535
Freelandville (47535)
$70,236 median income
- 47838
Carlisle (47838)
$61,875 median income
- 47512
Bicknell (47512)
$57,857 median income
- 47561
Oaktown (47561)
$45,911 median income
What this shows By household income, ZIP 47561 ranks #5 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
More ZIP Codes in Knox County
Related Areas
Frequently Asked Questions
What county is ZIP code 47561 in? ▼
What is the population of ZIP code 47561? ▼
What is the median household income in ZIP 47561? ▼
What is the average home value in ZIP 47561? ▼
What is the demographic makeup of ZIP 47561? ▼
How many businesses are in ZIP code 47561? ▼
What are the main industries in ZIP code 47561? ▼
What is the education level in ZIP code 47561? ▼
What is the average commute time in ZIP 47561? ▼
What percentage of residents own vs. rent in ZIP 47561? ▼
What is the poverty rate in ZIP code 47561? ▼
Read our methodology to see how this data is sourced, computed, and verified.