ZIP Code 47240

ZIP Code Tabulation Area in Decatur County, Indiana.

Population: 21,514
Median household income: $74,373
Median home value: $201,100

Covering part of Decatur County, Indiana, ZIP Code 47240 has about 21,514 residents. The median household income of $74,373 is in line with the Decatur County median ($74,228).

From 2019 to 2023, ZIP Code 47240's population declined 1.5% from 21,836 to 21,514, while its median gross rent rose 5.5% from $787 to $830.

Households average 2.44 people. The median gross rent is $830.

Demographics

ACS 2019–2023

Population: 21,514
Median age: 40.7 yrs
Median household income: $74,373
Median home value: $201,100
Median gross rent: $830
Housing units: 9,565
Homeownership rate: 73.1%
Bachelor's degree or higher: 19.5%
Unemployment rate: 2.2%

Trends

ACS 5-year · 2019–2023

Population

21,83621,514

Median household income

$59,516$74,373

Median home value

$140,500$201,100

Median gross rent

$787$830

Year	Population	Median household income	Median home value	Median gross rent
2019	21,836	$59,516	$140,500	$787
2020	21,858	$61,931	$145,300	$781
2021	21,892	$65,208	$154,500	$811
2022	21,755	$71,682	$185,200	$824
2023	21,514	$74,373	$201,100	$830

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.1%

5 to 1717.0%

18 to 248.2%

25 to 3412.8%

35 to 4411.7%

45 to 5412.9%

55 to 6412.7%

65 to 7411.0%

75 and over7.7%

	Count	Share
Under 5	1,315	6.1%
5 to 17	3,652	17.0%
18 to 24	1,757	8.2%
25 to 34	2,748	12.8%
35 to 44	2,522	11.7%
45 to 54	2,772	12.9%
55 to 64	2,730	12.7%
65 to 74	2,366	11.0%
75 and over	1,652	7.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	20,041	93.2%
Black or African American	55	0.3%
American Indian & Alaska Native	0	0.0%
Asian	18	0.1%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	132	0.6%
Two or more races	690	3.2%
Hispanic or Latino (any race)	578	2.7%

Educational attainment (age 25+)

No high school diploma8.9%

High school graduate45.5%

Some college or associate's26.1%

Bachelor's degree14.1%

Graduate or professional degree5.4%

	Count	Share
No high school diploma	1,318	8.9%
High school graduate	6,728	45.5%
Some college or associate's	3,865	26.1%
Bachelor's degree	2,086	14.1%
Graduate or professional degree	793	5.4%

Commute to work

Mean travel time to work: 21 min

Drove alone79.8%

Carpooled7.9%

Public transit0.0%

Walked2.9%

Bicycle0.0%

Worked from home8.2%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	8,629	79.8%
Carpooled	853	7.9%
Public transit	0	0.0%
Walked	318	2.9%
Bicycle	0	0.0%
Worked from home	889	8.2%
Other means	119	1.1%

Travel time

	Count	Share
Under 15 min	4,424	44.6%
15 to 29 min	2,910	29.3%
30 to 44 min	1,461	14.7%
45 to 59 min	469	4.7%
60+ min	655	6.6%

Households

Average household size: 2.44
Poverty rate: 8.7% (1,834 of 21,024)

	Count	Share
Family households	5,689	65.9%
Nonfamily households	2,945	34.1%

Housing

Median year structure built: 1973

Occupancy

	Count	Share
Occupied	8,634	90.3%
Vacant	931	9.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	6,314	73.1%
Renter-occupied	2,320	26.9%

1-unit, detached82.5%

1-unit, attached1.4%

2 to 4 units5.2%

5 to 19 units4.5%

20 or more units3.8%

Mobile home & other2.6%

Units in structure

	Count	Share
1-unit, detached	7,890	82.5%
1-unit, attached	135	1.4%
2 to 4 units	501	5.2%
5 to 19 units	426	4.5%
20 or more units	363	3.8%
Mobile home & other	250	2.6%

ZIP Code 47240

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes