ZIP Code 47971

standard

Source:

Oxford · Benton County · Indiana

Population
1,865

13/sq mi

Median income
$64,375

▼ 16% vs US

higher than 37% of US ZIPs

Median home value
$152,600

▼ 45% vs US

higher than 26% of US ZIPs

Bachelor's or higher
18.1%

Median age 41.7

Land area
144.6 sq mi

Indiana/Indianapolis

ZIP code 47971 in Oxford, Indiana has a population of 1,865. The median household income is $64,375, which is 16% below the national average. Median home value is $152,600, 45% below the US average. 18.1% of residents hold a bachelor's degree or higher.

ZIP code 47971 is classified by USPS as a standard delivery area and covers roughly 144.6 square miles in Oxford, Benton County, Indiana. The area is home to 1,865 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 47971 against Indiana and the nation.

On the economic side, the median household income for ZIP 47971 sits at $64,375 (13% below the Indiana average), while per-capita income is $35,702. The poverty rate stands at 11.4% and the unemployment rate at 4.1%. On housing, the median home value is $152,600 (21% below the state average) with median rent at $758 per month, and 85.0% of occupied units are owner-occupied, a direct signal of whether 47971 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 18.1% of adults hold a bachelor's degree or higher, the median age is 41.7, and the average commute is 24 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Benton County, so you can benchmark 47971 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 47971

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 47971.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47971, Oxford, 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

1,865

Population

144.6

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 47971?

41.7

Median Age

50.3%

Male

49.7%

Female

1.1%

Foreign-Born

White 89.4%
African American 1.9%
Asian 0.0%
American Indian or Alaska Native 2.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.8%
Hispanic or Latino 5.0%

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?

$64,375

Median Household Income

-13% vs state

$35,702

Per Capita Income

11.4%

Poverty Rate

4.1%

Unemployment Rate

24.4 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 55.6%
Bachelor's Degree or Higher 18.1%

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

What does housing look like?

703

Total Housing Units

619

Occupied Units

84

Vacant Units

2.60

Avg Household Size

Occupancy Type

Owner 85.0%
Renter 15.0%

$152,600

Median Home Value

-21% vs state

$758

Median Rent

1949

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+0.3%

YoY Change (2024)

255

HPI Index (2000 = 100)

+155%

Total Change Since 2000

Home values in ZIP 47971 have increased 0.3% over the past year (2024). Since 2000, this ZIP has seen +155% cumulative appreciation.

Year Annual Change HPI Index
2019 +13.2% 151
2020 +9.4% 165
2021 +25.5% 207
2022 +0.3% 207
2024 255

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 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 21 business establishments in ZIP 47971, employing approximately 186 people with a combined annual payroll of $8,106,000.

21

Businesses

186

Employees

$8.1M

Annual Payroll

4

Industry Sectors

Industry Establishments % of Total
Construction 3 14.3%
Manufacturing 3 14.3%
Retail trade 3 14.3%
Other services (except public administration) 3 14.3%

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 47971 vs 47975 →

ZIP Code City Population Distance
47975 Pine Village, IN 653 5.8 mi
47970 Otterbein, IN 2,034 6.9 mi
47944 Fowler, IN 3,623 7.5 mi
47921 Boswell, IN 1,078 8.1 mi

More ZIP Codes in Benton County

Frequently Asked Questions

What county is ZIP code 47971 in?
ZIP code 47971 (Oxford) 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 47971?
ZIP code 47971 in Oxford, IN has a population of 1,865 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47971?
The median household income in ZIP 47971 is $64,375, which is 16% below the national average of $76,288.
What is the average home value in ZIP 47971?
The median home value in ZIP 47971 is $152,600, which is 45% below the national average of $278,155.
What is the demographic makeup of ZIP 47971?
The largest racial group in ZIP 47971 is White at 89.4%. Hispanic or Latino residents make up 5.0% of the population.
How many businesses are in ZIP code 47971?
ZIP code 47971 has 21 business establishments employing approximately 186 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47971?
The top industries by establishment count in ZIP 47971 are: Construction (3), Manufacturing (3), Retail trade (3). There are 4 industry sectors represented in total.
How have home values changed in ZIP code 47971?
According to the FHFA House Price Index, home values in ZIP 47971 increased by 0.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 155%. 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 47971?
In ZIP code 47971, 55.6% of residents aged 25+ have a high school diploma or higher, and 18.1% 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 47971?
The mean commute time for workers in ZIP code 47971 is 24.4 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 47971?
In ZIP code 47971, approximately 85.0% of occupied housing units are owner-occupied and 15.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47971?
The poverty rate in ZIP code 47971 is 11.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Oxford, 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.

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