US Census Data

ZIP Code 47840

ZIP Code Tabulation Area in Clay County, Indiana.

Population
1,903
+3.9%’19–’23
Median household income
$83,421
+29.1%’19–’23
Median home value
$150,700
+34.2%’19–’23

ZIP Code 47840 is a ZIP Code Tabulation Area in Clay County, Indiana, home to about 1,903 residents. Its median household income of $83,421 runs above the Clay County figure of $67,676.

From 2019 to 2023, ZIP Code 47840's population grew 3.9% from 1,831 to 1,903, while its median gross rent rose 30.3% from $633 to $825.

87.5% of homes are single-family detached houses. The typical home was built around 1980.

Demographics

ACS 2019–2023
Population
1,903
Median age
37.7 yrs
Median household income
$83,421
Median home value
$150,700
Median gross rent
$825
Housing units
847
Homeownership rate
84.6%
Bachelor's degree or higher
30.0%
Unemployment rate
10.6%

Trends

ACS 5-year · 2019–2023
Population
1,8311,903
Median household income
$64,632$83,421
Median home value
$112,300$150,700
Median gross rent
$633$825
YearPopulationMedian household incomeMedian home valueMedian gross rent
20191,831$64,632$112,300$633
20202,123$70,964$115,800$619
20212,363$82,232$131,800$654
20222,079$93,365$161,300
20231,903$83,421$150,700$825

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

Age distribution

CountShare
Under 51266.6%
5 to 1736519.2%
18 to 2425513.4%
25 to 341156.0%
35 to 4426113.7%
45 to 5424012.6%
55 to 6429215.3%
65 to 741688.8%
75 and over814.3%

Race & ethnicity

CountShare
White (non-Hispanic)1,85297.3%
Black or African American60.3%
American Indian & Alaska Native00.0%
Asian00.0%
Native Hawaiian & Pacific Islander00.0%
Some other race00.0%
Two or more races100.5%
Hispanic or Latino (any race)351.8%

Educational attainment (age 25+)

CountShare
No high school diploma453.9%
High school graduate27223.5%
Some college or associate's49342.6%
Bachelor's degree20918.1%
Graduate or professional degree13811.9%

Commute to work

Mean travel time to work
30 min

How workers get to work

CountShare
Drove alone56878.0%
Carpooled7710.6%
Public transit10.1%
Walked162.2%
Bicycle00.0%
Worked from home669.1%
Other means00.0%

Travel time

CountShare
Under 15 min477.1%
15 to 29 min32048.3%
30 to 44 min15022.7%
45 to 59 min7511.3%
60+ min7010.6%

Households

Average household size
2.66
Poverty rate
13.3% (254 of 1,903)
CountShare
Family households56679.1%
Nonfamily households15020.9%

Housing

Median year structure built
1980

Occupancy

CountShare
Occupied71684.5%
Vacant13115.5%

Tenure (of occupied units)

CountShare
Owner-occupied60684.6%
Renter-occupied11015.4%

Units in structure

CountShare
1-unit, detached74187.5%
1-unit, attached50.6%
2 to 4 units20.2%
5 to 19 units323.8%
20 or more units00.0%
Mobile home & other677.9%

Geography

ZCTA
47840
Land area
50 sq mi
Water area
0.54 sq mi
Center point
39.4073, -87.0619

Counties this ZIP covers

2

Compare with nearby ZIP codes

6

National ZIP rankings

21

Nearby ZIP codes

15