47302 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Delaware County
Centroid: Latitude 40.171, Longitude -85.379
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47302 has segments in 2 Counties (Delaware, Henry).

Businesses Addresses: 591
PO Box Addresses: 0
Residential Addresses: 11,491

Multi-Family Addresses: 77
Single Family Addresses: 11,414

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Muncie, IN 47302 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	26,545 (100%)
Population in Households	26,206 (98.7%)
Population in Families	20,176 (76.0%)
Population in Group Quarters¹	339 ( 1.3%)
Population Density	390
Diversity Index²	30


INCOME
Median Household Income	$33,613
Average Household Income	$47,543
% of Income for Mortgage⁴	9%
Per Capita Income	$20,052
Wealth Index⁵	43

HOUSING
Total HU (Housing Units)	13,154 (100%)
Owner Occupied HU	7,615 (57.9%)
Renter Occupied HU	3,570 (27.1%)
Vacant Housing Units	1,969 (15.0%)
Median Home Value	$69,911
Average Home Value	$109,150
Housing Affordability Index³	273

HOUSEHOLDS
Total Households	11,185
Average Household Size	2.34
Family Households	6,993
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Muncie, IN 47302 - Peer Comparisons by Rank and Percentile

The table below compares 47302 to the other 772 ZIP Codes in Indiana by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.44%	-0.36%
Households	-0.38%	-0.31%
Families	-0.58%	-0.44%
Median Household Income		1.5%
Per Capita Income		2.02%
Owner Occupied HU		-0.4%

Variable Description	Rank	Percentile
Total Population	# 84	89th
Population Density	# 220	72nd
Median Household Income	# 744	4th
Housing Affordability Index	# 497	64th
Per Capita Income	# 715	8th
Diversity Index	# 169	78th

Muncie, IN 47302 ZIP Code Profile

ZIP Code 47302: Basic Data & USPS Preferred City Name

Muncie, IN 47302 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Muncie, IN 47302 - Peer Comparisons by Rank and Percentile

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