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Demographics
Population
Population Density
Zip code 47163 in Otisco, Indiana, exhibits characteristics of a rural area based on population density data. The population density has remained below 100 people per square mile over the past decade. In 2022, the density was approximately 70.9 people per square mile.
This low population density is indicative of a rural American community. The estimated average land area per housing unit is about 3.7 acres, based on 2022 population and housing unit data. This spatial distribution allows for a lifestyle with increased privacy and potential for outdoor activities.
Population trends show fluctuations, with a peak of 1,149 residents in 2014 and a decline to 894 by 2022. This decrease may indicate changes in local economic conditions or demographic shifts, such as outmigration of younger residents.
Despite the overall decline, the population has remained relatively stable, ranging between 900-1,100 residents. This stability suggests a core community of established families and long-term residents.
The lifestyle in this zip code likely centers around local institutions such as schools, churches, and small businesses. Residents may participate in community events and outdoor recreational activities.
Urban development in this area is likely minimal, with limited new construction or infrastructure expansion. The focus is likely on maintaining existing structures and services rather than significant growth.
In conclusion, zip code 47163 in Otisco, Indiana, represents a stable rural community characterized by low population density and gradual population decline in recent years.