ZipCodeLook
47031

Zip code 47031: Milan, Indiana

Residential delivery areaRipley CountyEastern Time
Population
5,659
Median household income
$71K
U.S. $81K
Median home value
$196K
U.S. $333K
Median rent
$755/mo
U.S. $1,413
Median age
43.2
U.S. 38.9
Land area
63 sq mi
89 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 47031

47031 is a small-town zip code in Milan, Indiana (Ripley County), covering 63 sq mi of land. About 5,659 people live here, or 89 per square mile. The median resident is 43.2 years old, compared with 38.9 nationally.

The median household earns $70,575 a year, close to the national median of $80,734. 10.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $195,600, or 2.8 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 80% of occupied homes are lived in by their owners, and renters pay a median of $755 a month.

18% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 27.8 minutes each way, and 7% of workers work from home. The most common jobs among working residents are in construction and repair; production and manufacturing; and transportation and moving goods.

How 47031 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
43.2
Under 18
19.2%
65 and over
18%

Race and ethnicity

  • White94%
  • Black1%
  • Hispanic2%
  • Asian0.1%
  • Native American0%
  • Pacific Islander0%
  • Other0%
  • Multiracial3%
Diversity index
11.9
U.S. 61.4
Foreign-born
0.4%
U.S. 14.1%
Born in state
59.8%

Language spoken at home (households)

English only
99%
Spanish
0.5%
Other Indo-European
0.5%
Asian / Pacific
0.1%
Other
0%

Households

Households
2,189
Average household size
2.5
Family households
69.2%
Married couples
51.8%
Living alone
24.9%
Veterans (of adults)
11%
Male / female
54% / 46%

Income and poverty

Household income distribution

<$25k
13%
$25–50k
26%
$50–75k
16%
$75–100k
15%
$100–150k
19%
$150–200k
6%
$200k+
6%

Median household income

47031
$70,575
Ripley Co.
$70,573
Indiana
$71,957
United States
$80,734
Per capita income
$40,953
U.S. $44,673
Poverty rate
10.8%
U.S. 12.5%
Households earning $150K+
12.4%
U.S. 23%
Income inequality (Gini)
0.511
U.S. 0.483

Housing

Median home value

47031
$195,600
Ripley Co.
$222,500
Indiana
$218,200
United States
$332,700

Median gross rent

47031
$755
Ripley Co.
$839
Indiana
$1,062
United States
$1,413

Types of housing

Single-family
81%
2–4 units
2%
5–19 units
1%
20+ units
3%
Mobile home
13%
Boat, RV, van
0%
Housing units
2,291
Owner-occupied
80%
Vacant
4.5%
Median year built
1978
Median rooms
5.9
Renters paying 30%+ of income
11.7%
Renters paying 50%+ of income
9.5%
Home value to income
2.8× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
74%
Carpooled
13%
Transit
0%
Walked
5%
Bicycle
0%
Worked from home
7%
Other
1%

Commute time (one way)

<10 min
14%
10–19
21%
20–29
25%
30–44
25%
45–59
8%
60+
7%
Average commute
27.8 min
U.S. 26.4 min
Unemployment
5.3%
U.S. 5.2%
In labor force
60.1%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Construction and repair
17%
Production
16%
Transportation and moving
13%
Management
11%
Office and admin
7%
Healthcare
7%
Food service
6%
Sales
5%
Police and fire
4%
Cleaning and personal care
3%
Engineering and science
3%
Education
3%
Arts, media and sports
2%
Computer and math
1%
Business and finance
1%
Farming, fishing and forestry
0.9%
Legal and social services
0.8%

Industries

Manufacturing
20%
Construction
15%
Health care and social assistance
10%
Retail
9%
Transportation, warehousing and utilities
7%
Education
7%
Arts and recreation
6%
Restaurants and hotels
6%
Public administration
5%
Finance, insurance and real estate
4%
Professional and technical services
3%
Other services
2%
Admin, support and management
2%
Agriculture and mining
2%
Wholesale
1%
Information
0.1%
Median earnings per worker
$43,194
U.S. $49,666
Self-employed
12.7%
U.S. 10%
Government workers
13.9%
U.S. 14.5%
Nonprofit workers
9.4%
U.S. 8.8%

Median earnings by type of work

Type of work47031U.S.
Management, business, science and arts$63,333$74,888
Service$23,578$26,804
Sales and office$37,500$40,476
Construction and maintenance$51,250$49,199
Production and transportation$36,793$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
12%
High school
44%
Some college
16%
Associate's
11%
Bachelor's
7%
Graduate
10%
High school graduate or higher
88.4%
Bachelor's degree or higher
17.5%
Graduate or professional degree
10.4%
Households with broadband
86.3%
Cable, fiber or DSL
66.1%
No internet access
12.3%
Without health insurance
4.4%
Limited-English households
0%

Geography

City (USPS)
Milan
State
Indiana
Center point
39.1306° N, 85.1484° W
Land area
63 sq mi
Water area
0.4 sq mi
Time zone
Eastern Time (UTC-5, UTC-4 in summer)
Zip type
Residential delivery area

47031 spans 2 counties

Cities and towns within this zip

  • Milan3% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 47031

ZipCityDistanceIncome
47039Pierceville · PO box5.9 mi—
47032Moores Hill6 mi$66,950
47041Sunman7.9 mi$81,016
47042Versailles9.6 mi$75,580
47018Dillsboro9.9 mi$61,085
47037Osgood9.9 mi$73,209
47033Morris11 mi—
47034Napoleon11 mi$66,667
47021Friendship11 mi—
47006Batesville11 mi$72,559
47001Aurora12 mi$75,886
47022Guilford12 mi$93,633

Zip codes like 47031 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 47031

What city is zip code 47031?

47031 is assigned to Milan, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 47031 in?

47031 is mostly in Ripley County, but it extends into 1 other county.

What is the population of 47031?

About 5,659 people live in 47031, according to the Census Bureau's American Community Survey.

What time zone is 47031 in?

47031 is in Eastern Time.

What is the median household income in 47031?

The median household income in 47031 is $70,575.

What zip codes are near 47031?

The closest zip codes to 47031 are 47039, 47032, 47041, 47042, 47018.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 47031, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.