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ZIP code 47431: Freedom, IN

47431 is a ZIP code in Freedom, Indiana, mainly in Owen County, part of the Bloomington, IN metro area. About 1,662 people live here.

Population
1,662
Median household income
$61,948
Typical home value
$231,000+3.3% in 12 months
Median rent
$742gross, per month
Median age
32.8
Homeowners
88.9%of occupied homes
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Shaded: ZIP code 47431's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 47431 details

CityFreedom
StateIndiana
CountyOwen County
Metro areaBloomington, IN
Time zoneEastern Time (UTC−5), observes daylight saving time
TypeStandard (delivery area)
Land area36.6 sq mi, plus 0 sq mi of water
Population density45 people per sq mi
Bachelor's degree or higher9.5% of adults 25+
Average commute59.3 minutes
Center coordinates39.24517, -86.91541

ZIP codes near 47431

ZIP codeCityDistancePopulation
47427Coal City, IN5.0 mi1,014
47455Patricksburg, IN5.2 mi37
47460Spencer, IN6.9 mi11,006
47833Bowling Green, IN8.5 mi836
47471Worthington, IN8.5 mi2,755
47841Clay City, IN10.9 mi2,534
47868Poland, IN11.5 mi2,666
47459Solsberry, IN12.7 mi3,485

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 47431?

A typical home in ZIP code 47431 is worth about $231,000 (Zillow Home Value Index). The median household here earns $61,948 a year. See what buying here would cost per month, with Indiana average taxes and insurance filled in.

Monthly payment for a $231,000 homeWhat can a $61,948 income afford?Rental property numbers

About ZIP code 47431

What city is ZIP code 47431?

ZIP code 47431 is in Freedom, IN, in Owen County.

What county is ZIP code 47431 in?

47431 is mainly in Owen County, Indiana.

What is the population of ZIP code 47431?

About 1,662 people live in ZIP code 47431, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 47431 in?

47431 is in Eastern Time (UTC−5). It observes daylight saving time.