Census ACS · ZIP Code Tabulation Area

47516 Income Statistics for 2026

Knox County, Indiana

Median household income

$76,250

Median household income ($76,250) is higher than Knox County County ($61,981).

47516$76,250
Knox County County$61,981
47591$61,803
47557$84,375
47535$70,236
47596$93,958
47524—

Average household income

$103,646

Average household income ($103,646) is higher than Knox County County ($81,716).

47516$103,646
Knox County County$81,716
47591$85,885
47557$85,375
47535$75,329
47596$75,298
47524$75,100

Per-capita income

$45,489

Per-capita income ($45,489) is higher than Knox County County ($34,293).

47516$45,489
Knox County County$34,293
47591$35,525
47557$32,052
47535$28,659
47596$48,649
47524$32,711

Households earning $100k+

33.9%

Households earning $100k+ (33.9%) is higher than Knox County County (27.0%).

4751633.9%
Knox County County27.0%
4759127.4%
4755736.1%
4753522.1%
4759645.8%
4752429.3%

All demographics

Population
988
Households
439
Median age
43.7 yrs
Median household income
$76,250
Mean household income
$103,646
Per capita income
$45,489
Median home value
$182,300
Median gross rent
$496
Owner-occupied housing
86.6%
Bachelor's degree or higher
21.9%
In labor force
67.7%
Poverty rate
7.2%
Households earning $100k+
33.9%
Population under 5
3.9%
Population age 18–34
22.7%
Population age 25–44
19.4%
Population age 45–64
29.6%
Population age 65+
17.7%
Hispanic or Latino
2.5%
Black (non-Hispanic)
0.0%
Asian (non-Hispanic)
0.0%
Unemployment rate
1.3%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/indiana/47516

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 47516 income statistics ($76,250 median)

ZIP Code Tabulation Area 47516 in Indiana is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 47516 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 988 people live in this ZCTA. Median household income here ($76,250) is higher than Knox County County ($61,981). Operators sizing a local market often pair median income with mean income ($103,646) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Indiana·ZIP codes in Knox County