ZIP Code 47970
standardSource:
Otterbein · Benton County · Indiana
- Population
- 2,034
- Median income
- $74,457
- Median home value
- $185,300
- Bachelor's or higher
- 26.8%
- Land area
- 151.8 sq mi
13/sq mi
▼ 2% vs US
higher than 54% of US ZIPs
▼ 33% vs US
higher than 39% of US ZIPs
Median age 34.3
Indiana/Indianapolis
ZIP code 47970 in Otterbein, Indiana has a population of 2,034. The median household income is $74,457, which is 2% below the national average. Median home value is $185,300, 33% below the US average. 26.8% of residents hold a bachelor's degree or higher.
ZIP code 47970 is classified by USPS as a standard delivery area and covers roughly 151.8 square miles in Otterbein, Benton County, Indiana. The area is home to 2,034 residents, producing a population density of 13 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47970 against Indiana and the nation.
On the economic side, the median household income for ZIP 47970 sits at $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%. On housing, the median home value is $185,300 (4% below the state average) with median rent at $915 per month, and 74.6% of occupied units are owner-occupied, a direct signal of whether 47970 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 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 is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 47970
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 47970.
- Construction
Construction
6 establishments
- Retail trade
Retail trade
6 establishments
- Wholesale trade
Wholesale trade
4 establishments
- Finance and insurance
Finance and insurance
4 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
Who lives in ZIP 47970?
34.3
Median Age
47.2%
Male
52.8%
Female
1.5%
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?
$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
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?
1,092
Total Housing Units
1,054
Occupied Units
38
Vacant Units
2.86
Avg Household Size
Occupancy Type
$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 →
More ZIP Codes in Benton County
Related Areas
Frequently Asked Questions
What county is ZIP code 47970 in? ▼
What is the population of ZIP code 47970? ▼
What is the median household income in ZIP 47970? ▼
What is the average home value in ZIP 47970? ▼
What is the demographic makeup of ZIP 47970? ▼
How many businesses are in ZIP code 47970? ▼
What are the main industries in ZIP code 47970? ▼
How have home values changed in ZIP code 47970? ▼
What is the education level in ZIP code 47970? ▼
What is the average commute time in ZIP 47970? ▼
What percentage of residents own vs. rent in ZIP 47970? ▼
What is the poverty rate in ZIP code 47970? ▼
ZIP Code Research Guides
Official Data Resources for Otterbein, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.