ZIP 47331 vs ZIP 47340
A side-by-side comparison of ZIP Code 47331 and ZIP Code 47340: population, income, housing, and more.
ZIP 47331 and ZIP 47340 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47331 has the higher population (22,769 vs 3,267 in ZIP 47340). ZIP 47340 has the higher median household income ($61,146 vs $56,530 in ZIP 47331). ZIP 47340 has the higher median home value ($165,000 vs $115,300 in ZIP 47331).
Population, income & housing
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| Population | 22,769 | 3,267 |
| Median age | 43.0 yrs | 40.9 yrs |
| Median household income | $56,530 | $61,146 |
| Median home value | $115,300 | $165,000 |
| Median gross rent | $777 | $845 |
| Housing units | 10,625 | 1,548 |
| Homeownership rate | 70.0% | 74.7% |
| Bachelor's degree or higher | 16.9% | 21.1% |
| Unemployment rate | 4.2% | 3.4% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| Population | 22,391 → 22,769 (+1.7%) | 2,998 → 3,267 (+9.0%) |
| Median household income | $45,701 → $56,530 (+23.7%) | $52,895 → $61,146 (+15.6%) |
| Median home value | $82,000 → $115,300 (+40.6%) | $87,700 → $165,000 (+88.1%) |
| Median gross rent | $704 → $777 (+10.4%) | $665 → $845 (+27.1%) |
ZIP 47331
22,39122,769
$45,701$56,530
$82,000$115,300
$704$777
ZIP 47340
2,9983,267
$52,895$61,146
$87,700$165,000
$665$845
Age & race/ethnicity
Age distribution (share)
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| Under 5 | 6.1% | 7.8% |
| 5 to 17 | 16.7% | 15.7% |
| 18 to 24 | 7.7% | 8.6% |
| 25 to 34 | 11.0% | 10.4% |
| 35 to 44 | 11.3% | 13.4% |
| 45 to 54 | 12.9% | 11.7% |
| 55 to 64 | 13.6% | 10.8% |
| 65 to 74 | 12.6% | 14.3% |
| 75 and over | 8.1% | 7.3% |
Race & ethnicity (share)
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| White (non-Hispanic) | 93.5% | 93.8% |
| Black or African American | 1.2% | 0.0% |
| American Indian & Alaska Native | 0.2% | 0.2% |
| Asian | 0.2% | 0.2% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.5% |
| Some other race | 0.0% | 2.6% |
| Two or more races | 3.5% | 2.1% |
| Hispanic or Latino | 1.4% | 0.7% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| No high school diploma | 14.2% | 7.9% |
| High school graduate | 42.1% | 41.8% |
| Some college or associate's | 26.8% | 29.1% |
| Bachelor's degree | 12.7% | 16.7% |
| Graduate or professional degree | 4.2% | 4.4% |
Commute to work
How workers get to work (share)
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| Drove alone | 83.0% | 83.6% |
| Carpooled | 9.6% | 6.8% |
| Public transit | 0.0% | 0.3% |
| Walked | 2.1% | 2.5% |
| Bicycle | 0.0% | 0.7% |
| Worked from home | 4.6% | 3.6% |
| Other means | 0.7% | 2.4% |
Housing
Units in structure (share)
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| 1-unit, detached | 79.2% | 88.2% |
| 1-unit, attached | 1.1% | 1.0% |
| 2 to 4 units | 7.9% | 4.6% |
| 5 to 19 units | 3.2% | 0.1% |
| 20 or more units | 3.3% | 0.0% |
| Mobile home & other | 5.4% | 6.1% |
Poverty & households
| ZIP 47331 | ZIP 47340 | |
|---|---|---|
| Poverty rate | 16.6% | 10.7% |
| Average household size | 2.43 | 2.37 |
| Mean commute (minutes) | 28 | 25 |
| Median year structure built | 1962 | 1970 |