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Data updated 2026-10-07

ZIP Code 47115 · Depauw, IN

Harrison County · pop 2,782 · ACS 2020–2024

The median household income in ZIP Code 47115 (Depauw, IN) is $88,229, higher than 80% of the other ZIP Codes in Indiana.

Its FHFA home price index changed +47.5% over the five years to 2025.

01 — Where it stands

$88,229
Median household income
± $33,812 MOE
$194,500
Median home value
± $75,788 MOE
$632
Median gross rent
5.9%
Poverty rate
Percentiles for ZIP Code 47115 within Harrison County, Indiana and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$88,229 ± $33,81285th percentile (8 ZIP Codes compared)80th percentile (590 ZIP Codes compared)68th percentile (22,922 ZIP Codes compared)
Per capita income$37,62485th percentile (8 ZIP Codes compared)64th percentile (590 ZIP Codes compared)50th percentile (22,922 ZIP Codes compared)
Poverty rate5.9%57th percentile (8 ZIP Codes compared)19th percentile (590 ZIP Codes compared)19th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher19.4%57th percentile (8 ZIP Codes compared)44th percentile (590 ZIP Codes compared)31st percentile (22,922 ZIP Codes compared)
Owner-occupied homes86.3%57th percentile (8 ZIP Codes compared)73rd percentile (590 ZIP Codes compared)80th percentile (22,922 ZIP Codes compared)
Housing vacancy rate10.5%71st percentile (8 ZIP Codes compared)68th percentile (590 ZIP Codes compared)54th percentile (22,922 ZIP Codes compared)
Median home value$194,500 ± $75,7880th percentile (8 ZIP Codes compared)54th percentile (589 ZIP Codes compared)35th percentile (22,833 ZIP Codes compared)
Median gross rent$6320th percentile (8 ZIP Codes compared)2nd percentile (590 ZIP Codes compared)4th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.39228th percentile (8 ZIP Codes compared)35th percentile (590 ZIP Codes compared)22nd percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$73,25371st percentile (8 ZIP Codes compared)71st percentile (583 ZIP Codes compared)55th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more4.5%85th percentile (8 ZIP Codes compared)74th percentile (583 ZIP Codes compared)55th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+47.5%42nd percentile (8 ZIP Codes compared)24th percentile (553 ZIP Codes compared)38th percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents9.314th percentile (8 ZIP Codes compared)9th percentile (590 ZIP Codes compared)10th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$61,94885th percentile (8 ZIP Codes compared)85th percentile (587 ZIP Codes compared)81st percentile (22,551 ZIP Codes compared)

Percentile groups: Harrison County · Indiana · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

—
1-year change
2024–2025
+47.5%
5-year change
2020–2025
+81.4%
10-year change
2015–2025

Home price index — ZIP Code 47115

Home price index, ZIP Code 47115, 2001–2025Line chart of the annual home price index: 100.0 in 2001 and 242.5 in 2025. Every value is listed in the data table below the chart.100150200250200120052010201520202025242.5

FHFA ZIP Code index (2001 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 47115
YearIndexAnnual change
2001100.0—
2002103.6+3.6%
2003110.8+7.0%
2004107.2−3.2%
2005133.2+24.3%
2006128.4−3.6%
2007130.8+1.8%
2008124.0−5.2%
2009139.0+12.2%
2010131.2−5.7%
2011135.0+2.9%
2012127.0−5.9%
2013126.0−0.8%
2014128.7+2.1%
2015133.7+3.9%
2016136.1+1.8%
2017137.0+0.7%
2018149.1+8.8%
2019159.0+6.6%
2020164.4+3.4%
2021188.2+14.5%
2022201.5+7.0%
2025242.5—

03 — Nearby ZIP Codes

ZIP Code 47115 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
47115Depauw, INthis ZIP Code$88,229$194,5005.9%+47.5%
47166Ramsey, IN3.7 mi$71,875$202,7004.7%+46.6%
47145Milltown, IN5.0 mi$48,434$123,00023.0%+43.8%
47161New Salisbury, IN6.3 mi$79,914$206,80010.0%+41.0%
47164Palmyra, IN8.1 mi$63,389$222,8008.8%+43.3%
47120Fredericksburg, IN8.2 mi$42,440$219,20027.8%+50.9%
47114Crandall, IN8.7 mi$103,427$231,60015.7%+53.9%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

26
Establishments
267
Employees
$16.5M
Annual payroll
$61,948
Average pay per employee
Establishments by sector, ZIP Code 47115
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Construction1038.5%9.6%4.0×
Retail trade311.5%12.4%0.9×
Administrative & support services311.5%5.3%2.2×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.