Farmland, IN 47340 ZIP Code Profile

Related Place Profiles:
Farmland, IN | Maxville, IN | Unionport, IN
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ZIP Code 47340: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Farmland, IN 47340

Not Acceptable, USPS
Brinckley, IN 47340
Maxville, IN 47340
Unionport, IN 47340

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 55
  • Single Family Addresses: 955
  • Multi-Family Addresses: 0
  • County: Randolph County
  • Centroid: Latitude 40.181, Longitude -85.113
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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47340 ZIP Code Map

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Farmland, IN 47340 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,919
Daytime Population: Workers 311
Daytime Population: Residents 1,525
Total Daytime Population (TDP) 1,836
Ratio TDP/Total Population1 0.63
Population in Households 2,910
Population in Familes 2,447
Population in Group Qrtrs 9
Population Density2 52
Diversity Index3 7
 

INCOME

Median Household Income $44,772
Average Household Income $57,295
Per Capita Income $22,461

HOUSING

Total Housing Units 1,299 (100%)
Owner Occupied HU 885 (68.1%)
Renter Occupied HU 256 (19.7%)
Vacant Housing Units 158 (12.2%)
Median Home Value $90,410
Average Home Value $113,955
 

HOUSEHOLDS

Total Households 1,141
Average Household Size 2.55
Family Households 825
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.38% -0.61%
Households -0.32% -0.6%
Families -0.51% -0.71%
Median Household Income   2.66%
Per Capita Income   2.91%

Farmland, IN 47340 - Peer Comparisons by Rank and Percentile

The table below compares 47340 to the other 785 ZIP Codes in Indiana by rank and percentile using July 1, 2017 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 # 399 49th
Population Density # 548 30th
Diversity Index # 622 22nd
Median Household Income # 609 23rd
Per Capita Income # 591 25th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.


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