Census ACS · ZIP Code Tabulation Area

47531 Income Statistics for 2026

Spencer County, Indiana

Median household income

$140,595

Median household income ($140,595) is higher than Spencer County County ($72,403).

47531$140,595
Spencer County County$72,403
47552$146,141
47579$87,926
47615$66,458
47550$80,625
47523$66,548

Average household income

$133,057

Average household income ($133,057) is higher than Spencer County County ($87,282).

47531$133,057
Spencer County County$87,282
47552$151,273
47579$106,011
47615$95,640
47550$88,380
47523$81,022

Per-capita income

$57,328

Per-capita income ($57,328) is higher than Spencer County County ($35,738).

47531$57,328
Spencer County County$35,738
47552$48,902
47579$41,037
47615$40,921
47550$35,601
47523$29,755

Households earning $100k+

74.3%

Households earning $100k+ (74.3%) is higher than Spencer County County (36.0%).

4753174.3%
Spencer County County36.0%
47552100.0%
4757943.8%
4761539.8%
4755040.8%
4752334.0%

All demographics

Population
868
Households
382
Median age
50.7 yrs
Median household income
$140,595
Mean household income
$133,057
Per capita income
$57,328
Median home value
$240,500
Median gross rent
—
Owner-occupied housing
93.5%
Bachelor's degree or higher
20.1%
In labor force
74.9%
Poverty rate
1.4%
Households earning $100k+
74.3%
Population under 5
0.0%
Population age 18–34
27.4%
Population age 25–44
20.2%
Population age 45–64
44.9%
Population age 65+
12.9%
Hispanic or Latino
0.0%
Black (non-Hispanic)
0.0%
Asian (non-Hispanic)
0.0%
Unemployment rate
0.0%

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/47531

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 47531 income statistics ($140,595 median)

ZIP Code Tabulation Area 47531 in Indiana is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 47531 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 868 people live in this ZCTA. Median household income here ($140,595) is higher than Spencer County County ($72,403). Operators sizing a local market often pair median income with mean income ($133,057) 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 Spencer County