Comparison to Surrounding Areas
The median household income ($57,316) for 47024 is less than the median household income for 47012 ($84,958), 47240 ($69,985), 47331 ($58,967), 46173 ($67,456), 47036 ($98,300), Franklin County ($78,074), and Fayette County ($59,321). But it's more than 47030 ($-1), Andersonville CDP ($50,655), Lake View CDP ($-1), and Laurel town ($27,692).
| 47024 | $57,316 |
| Andersonville CDP | $50,655 |
| Lake View CDP | $-1 |
| Laurel town | $27,692 |
| Fayette County | $59,321 |
| Franklin County | $78,074 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($67,845) for 47024 is less than the average household income for 47012 ($95,565), 47240 ($91,568), 47331 ($74,473), 46173 ($77,718), 47036 ($145,752), Franklin County ($97,859), and Fayette County ($74,303). But it's more than 47030 ($67,349), Andersonville CDP ($57,681), Lake View CDP ($-1), and Laurel town ($46,496).
| 47024 | $67,845 |
| Andersonville CDP | $57,681 |
| Lake View CDP | $-1 |
| Laurel town | $46,496 |
| Fayette County | $74,303 |
| Franklin County | $97,859 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47024 is $26,398. The per capita income ($26,398) for 47024 is less than the per capita income for 47012 ($39,814), 47240 ($37,207), 47331 ($30,990), 46173 ($31,773), 47036 ($51,586), Franklin County ($40,060), and Fayette County ($30,876). But it's more than 47030 ($22,316), Andersonville CDP ($21,996), Lake View CDP ($-1), and Laurel town ($21,369).
| 47024 | $26,398 |
| Andersonville CDP | $21,996 |
| Lake View CDP | $-1 |
| Laurel town | $21,369 |
| Fayette County | $30,876 |
| Franklin County | $40,060 |
Get Per-Capita Income for all Zip Codes in Indiana.
1.9% of households make over $200,000 a year. The percent high income households (1.9%) for 47024 is less than the percent high income households for 47331 (3.8%), 47012 (10.8%), 47036 (16.8%), 47240 (7.4%), 46173 (2.9%), Franklin County (10.0%), Fayette County (3.6%), and Laurel town (2.6%). But it's more than 47030 (1.8%), Andersonville CDP (0.0%), and Lake View CDP (0.0%).
| 47024 | 1.9% |
| Andersonville CDP | 0.0% |
| Lake View CDP | 0.0% |
| Laurel town | 2.6% |
| Fayette County | 3.6% |
| Franklin County | 10.0% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 47024 | $76,250 | $57,188 | $70,625 | $30,072 |
| Andersonville CDP | $-1 | $-1 | $-1 | $-1 |
| Lake View CDP | $-1 | $-1 | $-1 | $-1 |
| Laurel town | $-1 | $29,063 | $61,875 | $18,333 |
| Fayette County | $55,121 | $66,767 | $71,066 | $46,716 |
| Franklin County | $72,431 | $94,617 | $98,691 | $50,042 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 47024 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 47024 | +/-$8,140 | +/-$8,813 | +/-$2,933 | +/-2.2% | +/-$35,893 | +/-$39,049 | +/-$13,758 | +/-$9,681 |
| Andersonville CDP | +/-$39,597 | +/-$18,485 | +/-$5,598 | +/-30.1% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Lake View CDP | +/-$-1 | +/-$-1 | +/-$-1 | +/-100.0% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Laurel town | +/-$11,459 | +/-$12,054 | +/-$6,187 | +/-4.3% | +/-$-1 | +/-$18,138 | +/-$19,367 | +/-$3,241 |
| Fayette County | +/-$3,870 | +/-$3,872 | +/-$1,568 | +/-1.1% | +/-$5,461 | +/-$8,175 | +/-$3,583 | +/-$10,078 |
| Franklin County | +/-$10,218 | +/-$7,571 | +/-$3,304 | +/-2.7% | +/-$33,330 | +/-$6,355 | +/-$5,682 | +/-$8,133 |