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: June 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
|---|---|
| Total Population | 22,106 (100%) |
| Population in Households | 21,607 (97.7%) |
| Population in Families | 17,451 (78.9%) |
| Population in Group Quarters1 | 499 ( 2.3%) |
| Population Density | 73 |
| Diversity Index2 | 18 |
INCOME | |
| Median Household Income | $73,350 |
| Average Household Income | $95,085 |
| % of Income for Mortgage4 | 20% |
| Per Capita Income | $38,445 |
| Wealth Index5 | 80 |
| Socioeconomic Status Index6 | Moderate (54.4) |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 9,772 (100%) |
| Owner Occupied HU | 6,364 (65.1%) |
| Renter Occupied HU | 2,547 (26.1%) |
| Vacant Housing Units | 861 ( 8.8%) |
| Median Home Value | $230,944 |
| Average Home Value | $267,973 |
| Housing Affordability Index3 | 119 |
HOUSEHOLDS | |
| Total Households | 8,911 |
| Average Household Size | 2.42 |
| Family Households | 5,679 |
| Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2025 | 2025-2030 |
|---|---|---|
| Population | 0.04% | -0.02% |
| Households | 0.26% | 0.13% |
| Families | 0.03% | |
| Median Household Income | 1.91% | |
| Per Capita Income | 2.11% | |
| Owner Occupied HU | 0.28% |
The table below compares 47240 to the other 763 ZIP Codes in Indiana by rank and percentile using July 1, 2025 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 | # 118 | 85th |
| Population Density | # 428 | 44th |
| Median Household Income | # 367 | 52nd |
| Housing Affordability Index | # 350 | 46th |
| Per Capita Income | # 267 | 65th |
| Diversity Index | # 418 | 45th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.