ZIP Code 47240 has segments in 5 Counties (Decatur, Franklin, Ripley, Rush, Shelby).
The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2023, Maps updated: August 11, 2023.
POPULATION | |
---|---|
Total Population | 22,116 (100%) |
Population in Households | 21,617 (97.7%) |
Population in Families | 17,660 (79.9%) |
Population in Group Quarters1 | 499 ( 2.3%) |
Population Density | 73 |
Diversity Index2 | 17 |
INCOME | |
Median Household Income | $64,154 |
Average Household Income | $83,560 |
% of Income for Mortgage4 | 18% |
Per Capita Income | $33,416 |
Wealth Index5 | 62 |
Socioeconomic Status Index6 | Moderate (55.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 9,712 (100%) |
Owner Occupied HU | 6,167 (63.5%) |
Renter Occupied HU | 2,669 (27.5%) |
Vacant Housing Units | 876 ( 9.0%) |
Median Home Value | $189,937 |
Average Home Value | $211,359 |
Housing Affordability Index3 | 142 |
HOUSEHOLDS | |
Total Households | 8,836 |
Average Household Size | 2.45 |
Family Households | 5,956 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.12% | -0.09% |
Households | 0.24% | 0.05% |
Families | 0.00% | |
Median Household Income | 2.70% | |
Per Capita Income | 2.57% | |
Owner Occupied HU | 0.34% |
The table below compares 47240 to the other 779 ZIP Codes in Indiana by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 119 | 85th |
Population Density | # 442 | 43rd |
Median Household Income | # 409 | 48th |
Housing Affordability Index | # 318 | 41st |
Per Capita Income | # 387 | 50th |
Diversity Index | # 410 | 47th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.