PlainZIP

Otterbein, IN · standard

ZIP Code 47970

Benton County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

2,034
13/sq mi
$74,457
Median income
$185,300
Median home value
26.8%
Bachelor's or higher

The verdict

Otterbein pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.

Top 46%
household income, US ZIPs
39th pct
home value, US ZIPs
13
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47970 against every reporting US ZIP.

ZIP code 47970 covers 151.8 square miles in Otterbein, Benton County, Indiana (a standard USPS delivery area), with a modest 2,034 residents on file, a density of 13 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47970 lands in the middle-income range, with a median household income of $74,457 (1% above the Indiana average), while per-capita income is $31,740. The poverty rate stands at 14.4% and the unemployment rate at 4.3%. The typical home here is valued at $185,300 (4% below the state average); renters pay a median of $915 monthly, and 74.6% of units are owner-occupied.

Educational attainment sits below the national norm: 26.8% of adults hold a bachelor's degree or higher, the median age is 34.3, and the average commute is 26 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Benton County, so you can benchmark 47970 against its immediate geography rather than a 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 47970

Top 5 sectors by establishment count in Otterbein, IN

Which industries have the most business establishments in ZIP 47970.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 47970, Otterbein, 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

2,034

Population

151.8

Area (sq mi)

13

People / sq mi

Indiana/Indianapolis

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 47970?

34.3

Median Age

47.2%

Male

52.8%

Female

1.5%

Foreign-Born

White 90.6%
African American 0.8%
Asian 0.0%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.3%
Hispanic or Latino 4.1%

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?

$74,457

Median Household Income

+1% vs state

$31,740

Per Capita Income

14.4%

Poverty Rate

4.3%

Unemployment Rate

25.6 min

Mean Commute Time

How ZIP 47970 ranks nationally

Otterbein, IN household income vs. every US ZIP code

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

$74,457 Top 46% higher than 54% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $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 58.8%
Bachelor's Degree or Higher 26.8%

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

What does housing look like?

1,092

Total Housing Units

1,054

Occupied Units

38

Vacant Units

2.86

Avg Household Size

Occupancy Type

Owner 74.6%
Renter 25.4%

$185,300

Median Home Value

-4% vs state

$915

Median Rent

1983

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

+22.3%

YoY Change (2022)

169

HPI Index (2000 = 100)

+69%

Total Change Since 2000

Home values in ZIP 47970 have increased 22.3% over the past year (2022). Since 2000, this ZIP has seen +69% cumulative appreciation.

Year Annual Change HPI Index
2016 +14.0% 121
2018 – 123
2020 – 137
2021 +1.0% 138
2022 +22.3% 169

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 2022. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 35 business establishments in ZIP 47970, employing approximately 331 people with a combined annual payroll of $14,619,000.

35

Businesses

331

Employees

$14.6M

Annual Payroll

6

Industry Sectors

Industry Establishments % of Total
Construction 6 17.1%
Retail trade 6 17.1%
Wholesale trade 4 11.4%
Finance and insurance 4 11.4%
Health care and social assistance 3 8.6%
Accommodation and food services 3 8.6%

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 47970 vs 47975 →

ZIP 47970 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 47970 ranks #2 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 47970 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 47970 ranks the highest of 4 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
47975 Pine Village, IN 653 6.6 mi
47906 West Lafayette, IN 66,972 7.7 mi
47971 Oxford, IN 1,865 6.9 mi

More ZIP Codes in Benton County

47944 standard
Fowler, IN
Pop: 3,623
47971 standard
Oxford, IN
Pop: 1,865
47921 standard
Boswell, IN
Pop: 1,078
47942 standard
Earl Park, IN
Pop: 660
47917 standard
Ambia, IN
Pop: 491

Related Areas

Benton County Otterbein, IN Indiana

Frequently Asked Questions

What county is ZIP code 47970 in? ▼
ZIP code 47970 (Otterbein) is located in Benton County, Indiana. Benton County contains multiple ZIP codes, see the full list at /counties/benton-in.
What is the population of ZIP code 47970? ▼
ZIP code 47970 in Otterbein, IN has a population of 2,034 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47970? ▼
The median household income in ZIP 47970 is $74,457, which is 2% below the national average of $76,288.
What is the average home value in ZIP 47970? ▼
The median home value in ZIP 47970 is $185,300, which is 33% below the national average of $278,155.
What is the demographic makeup of ZIP 47970? ▼
The largest racial group in ZIP 47970 is White at 90.6%. Hispanic or Latino residents make up 4.1% of the population.
How many businesses are in ZIP code 47970? ▼
ZIP code 47970 has 35 business establishments employing approximately 331 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47970? ▼
The top industries by establishment count in ZIP 47970 are: Construction (6), Retail trade (6), Wholesale trade (4). There are 6 industry sectors represented in total.
How have home values changed in ZIP code 47970? ▼
According to the FHFA House Price Index, home values in ZIP 47970 increased by 22.3% in 2022. Since 2000, home values in this ZIP have appreciated by approximately 69%. 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 47970? ▼
In ZIP code 47970, 58.8% of residents aged 25+ have a high school diploma or higher, and 26.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47970? ▼
The mean commute time for workers in ZIP code 47970 is 25.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47970? ▼
In ZIP code 47970, approximately 74.6% of occupied housing units are owner-occupied and 25.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47970? ▼
The poverty rate in ZIP code 47970 is 14.4% 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.