ZIP 47038 vs ZIP 47040
A side-by-side comparison of ZIP Code 47038 and ZIP Code 47040: population, income, housing, and more.
ZIP 47038 and ZIP 47040 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47040 has the higher population (5,408 vs 800 in ZIP 47038). ZIP 47040 has the higher median household income ($68,865 vs $47,941 in ZIP 47038). ZIP 47040 has the higher median home value ($180,500 vs $122,100 in ZIP 47038).
Population, income & housing
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| Population | 800 | 5,408 |
| Median age | 51.9 yrs | 45.3 yrs |
| Median household income | $47,941 | $68,865 |
| Median home value | $122,100 | $180,500 |
| Median gross rent | $707 | $803 |
| Housing units | 600 | 2,401 |
| Homeownership rate | 84.4% | 76.4% |
| Bachelor's degree or higher | 5.6% | 17.4% |
| Unemployment rate | 12.5% | 1.8% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| Population | 1,716 → 800 (-53.4%) | 5,103 → 5,408 (+6.0%) |
| Median household income | $49,150 → $47,941 (-2.5%) | $53,625 → $68,865 (+28.4%) |
| Median home value | $139,800 → $122,100 (-12.7%) | $132,700 → $180,500 (+36.0%) |
| Median gross rent | $755 → $707 (-6.4%) | $609 → $803 (+31.9%) |
ZIP 47038
1,716800
$49,150$47,941
$139,800$122,100
$755$707
ZIP 47040
5,1035,408
$53,625$68,865
$132,700$180,500
$609$803
Age & race/ethnicity
Age distribution (share)
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| Under 5 | 3.6% | 5.7% |
| 5 to 17 | 8.9% | 15.4% |
| 18 to 24 | 3.1% | 6.7% |
| 25 to 34 | 18.4% | 8.4% |
| 35 to 44 | 9.9% | 13.6% |
| 45 to 54 | 10.1% | 10.5% |
| 55 to 64 | 20.5% | 17.2% |
| 65 to 74 | 13.6% | 14.6% |
| 75 and over | 11.9% | 7.9% |
Race & ethnicity (share)
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| White (non-Hispanic) | 95.3% | 93.9% |
| Black or African American | 0.0% | 0.4% |
| American Indian & Alaska Native | 0.0% | 0.1% |
| Asian | 0.0% | 0.7% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.0% |
| Two or more races | 3.4% | 4.4% |
| Hispanic or Latino | 1.4% | 0.6% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| No high school diploma | 33.3% | 7.0% |
| High school graduate | 37.9% | 47.2% |
| Some college or associate's | 23.1% | 28.4% |
| Bachelor's degree | 3.6% | 12.3% |
| Graduate or professional degree | 2.1% | 5.0% |
Commute to work
How workers get to work (share)
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| Drove alone | 71.9% | 83.6% |
| Carpooled | 18.6% | 9.0% |
| Public transit | 0.0% | 0.0% |
| Walked | 1.5% | 1.6% |
| Bicycle | 0.0% | 0.4% |
| Worked from home | 4.0% | 5.4% |
| Other means | 4.0% | 0.1% |
Housing
Units in structure (share)
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| 1-unit, detached | 66.2% | 74.0% |
| 1-unit, attached | 0.0% | 3.4% |
| 2 to 4 units | 0.0% | 5.0% |
| 5 to 19 units | 2.0% | 3.2% |
| 20 or more units | 0.0% | 2.2% |
| Mobile home & other | 31.8% | 12.3% |
Poverty & households
| ZIP 47038 | ZIP 47040 | |
|---|---|---|
| Poverty rate | 36.1% | 9.7% |
| Average household size | 1.97 | 2.32 |
| Mean commute (minutes) | 40 | 31 |
| Median year structure built | 1994 | 1976 |