Evansville, IN — Demographics & Statistics
ZIP code 47708 serves a portion of Evansville, Indiana, within Vanderburgh County. This community is home to approximately 44,885 residents, with a median age of 46.2 years. The median household income of $72,843 sits above the national median of $67,521, while median home values of $473,479 are above the national average of $301,500. The area has a renter-majority housing profile, with 42% owner-occupied and 58% renter-occupied units. Cost of living in this part of Evansville is lower than the national baseline, with an index of 97 (100 = national average). With a college-education rate of 22% and an unemployment rate of 5.6%, 47708 reflects the economic character of Vanderburgh County in Indiana.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 44,885 | — |
| Population | Density (per sq mi) | 8,853 | — |
| Economics | Median Household Income | $72,843 | ↑ 8% vs nat'l avg |
| Economics | Median Home Value | $473,479 | ↑ 57% vs nat'l avg |
| Economics | Cost of Living Index | 97 | ↓ Lower than avg |
| Economics | Unemployment Rate | 5.6% | ↑ 44% vs nat'l avg |
| Economics | Below Poverty Line | 18.5% | ↑ 62% vs nat'l avg |
| Education | College Educated (25+) | 22% | ↓ 37% vs nat'l avg |
| Demographics | Median Age | 46.2 yrs | ↑ 20% vs nat'l avg |
| Housing | Owner-Occupied | 42% | — |
| Housing | Renter-Occupied | 58% | — |
| Housing | Total Housing Units | 17,954 | — |