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AREA INFORMATION

47431 (Freedom, IN)

Explore the real estate in 47431 (Freedom, IN)

Area Highlights

47431 (Freedom, IN) residents have a median age of 43.5 years old, with employment highest in the transportation and administrative support industries.

1,117 Population

The population has increased by 1.5% since the year 2010.

425 Households

$63,805 /yr
Median Household Income

$195,428
Median Home Sale Price

35m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

43.5 Median Age

Average Household Size

2.6
persons per
household

52.6%

Married Households

Community Population By Education

High School Graduate 38%
Some College 22%
Some High School 11%
Associates Degree 11%
Bachelors Degree 11%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 38.03% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.9% of households have children

Economics

$63,805 /yr
Median Household Income
$195,428
Median Sales Price
35 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 23.93% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 8%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 361 74%
Vacant 66 13%
Rented 64 13%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 43.5 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 1%
Other <1%
Black <1%
Native American <1%
Asian <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 1%, Other at <1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

87° July
Hottest Average Month
19° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
19°
38°
Feb
22°
42°
Mar
31°
52°
Apr
41°
65°
May
51°
75°
Jun
60°
83°
Jul
64°
87°
Aug
62°
85°
Sep
54°
79°
Oct
42°
68°
Nov
33°
54°
Dec
24°
41°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$250,000
For sale
3 beds • 1 baths • 1,536 sqft

3300 S US Highway 231
Freedom, IN 47431

$565,000
For sale
3 beds • 2 baths • 1 half baths • 4,848 sqft

8750 Truax RD Road
Freedom, IN 47431

$239,000
For sale
3 beds • 2 baths • 1,494 sqft

6306 Critter Lane
Freedom, IN 47431

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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