ZIP Code 47840 has segments in 2 Counties (Clay, Putnam).
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 | 1,416 (100%) |
| Population in Households | 1,416 (100.0%) |
| Population in Families | 1,214 (85.7%) |
| Population in Group Quarters1 | 0 |
| Population Density | 27 |
| Diversity Index2 | 10 |
INCOME | |
| Median Household Income | $82,854 |
| Average Household Income | $101,041 |
| % of Income for Mortgage4 | 15% |
| Per Capita Income | $42,529 |
| Wealth Index5 | 78 |
| Socioeconomic Status Index6 | Moderate (53.2) |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 504 (76.1%) |
| Renter Occupied HU | 92 (13.9%) |
| Vacant Housing Units | 66 ( 10.0%) |
| Median Home Value | $199,219 |
| Average Home Value | $255,640 |
| Housing Affordability Index3 | 153 |
HOUSEHOLDS | |
| Total Households | 596 |
| Average Household Size | 2.38 |
| Family Households | 436 |
| Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2025 | 2025-2030 |
|---|---|---|
| Population | -0.70% | 0.06% |
| Households | 0.13% | 0.10% |
| Families | -0.56% | |
| Median Household Income | 3.96% | |
| Per Capita Income | 2.42% | |
| Owner Occupied HU | 0.24% |
The table below compares 47840 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 | # 532 | 30th |
| Population Density | # 682 | 11th |
| Median Household Income | # 195 | 75th |
| Housing Affordability Index | # 681 | 89th |
| Per Capita Income | # 137 | 82nd |
| Diversity Index | # 702 | 8th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.