ZIP Code 47940
ZIP Code Tabulation Area in Montgomery County, Indiana.
- Population
- 1,490
- Median household income
- $68,750
- Median home value
- $149,100
-14.3%’19–’23
+12.1%’19–’23
+13.9%’19–’23
ZIP Code 47940 (Montgomery County, Indiana) is home to about 1,490 residents. Its median household income of $68,750 runs in line with the Montgomery County figure of $66,571.
Between 2019 and 2023, ZIP Code 47940's population declined 14.3% from 1,739 to 1,490, while its median gross rent fell 1.3% from $781 to $771.
The median gross rent is $771. 17.3% of adults 25 and older hold a bachelor's degree or higher.
Demographics
ACS 2019–2023- Population
- 1,490
- Median age
- 42.5 yrs
- Median household income
- $68,750
- Median home value
- $149,100
- Median gross rent
- $771
- Housing units
- 667
- Homeownership rate
- 82.7%
- Bachelor's degree or higher
- 17.3%
- Unemployment rate
- 1.1%
Trends
ACS 5-year · 2019–20231,7391,490
$61,344$68,750
$130,900$149,100
$781$771
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 1,739 | $61,344 | $130,900 | $781 |
| 2020 | 1,686 | $63,631 | $133,000 | $825 |
| 2021 | 1,694 | $64,615 | $133,600 | $794 |
| 2022 | 1,436 | $64,375 | $136,600 | $746 |
| 2023 | 1,490 | $68,750 | $149,100 | $771 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.8%
5 to 1713.3%
18 to 248.3%
25 to 348.9%
35 to 4417.2%
45 to 5417.3%
55 to 6411.9%
65 to 744.6%
75 and over12.7%
| Count | Share | |
|---|---|---|
| Under 5 | 87 | 5.8% |
| 5 to 17 | 198 | 13.3% |
| 18 to 24 | 123 | 8.3% |
| 25 to 34 | 133 | 8.9% |
| 35 to 44 | 256 | 17.2% |
| 45 to 54 | 258 | 17.3% |
| 55 to 64 | 177 | 11.9% |
| 65 to 74 | 69 | 4.6% |
| 75 and over | 189 | 12.7% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 1,223 | 82.1% |
| Black or African American | 0 | 0.0% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 0 | 0.0% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 0 | 0.0% |
| Two or more races | 126 | 8.5% |
| Hispanic or Latino (any race) | 141 | 9.5% |
Educational attainment (age 25+)
No high school diploma8.2%
High school graduate51.4%
Some college or associate's23.1%
Bachelor's degree11.9%
Graduate or professional degree5.4%
| Count | Share | |
|---|---|---|
| No high school diploma | 89 | 8.2% |
| High school graduate | 556 | 51.4% |
| Some college or associate's | 250 | 23.1% |
| Bachelor's degree | 129 | 11.9% |
| Graduate or professional degree | 58 | 5.4% |
Commute to work
- Mean travel time to work
- 25 min
Drove alone79.7%
Carpooled12.1%
Public transit0.0%
Walked2.9%
Bicycle0.0%
Worked from home5.3%
Other means0.0%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 628 | 79.7% |
| Carpooled | 95 | 12.1% |
| Public transit | 0 | 0.0% |
| Walked | 23 | 2.9% |
| Bicycle | 0 | 0.0% |
| Worked from home | 42 | 5.3% |
| Other means | 0 | 0.0% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 194 | 26.0% |
| 15 to 29 min | 287 | 38.5% |
| 30 to 44 min | 102 | 13.7% |
| 45 to 59 min | 96 | 12.9% |
| 60+ min | 67 | 9.0% |
Households
- Average household size
- 2.50
- Poverty rate
- 7.8% (115 of 1,468)
| Count | Share | |
|---|---|---|
| Family households | 409 | 68.7% |
| Nonfamily households | 186 | 31.3% |
Housing
- Median year structure built
- 1949
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 595 | 89.2% |
| Vacant | 72 | 10.8% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 492 | 82.7% |
| Renter-occupied | 103 | 17.3% |
1-unit, detached88.3%
1-unit, attached0.0%
2 to 4 units5.4%
5 to 19 units4.2%
20 or more units0.0%
Mobile home & other2.1%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 589 | 88.3% |
| 1-unit, attached | 0 | 0.0% |
| 2 to 4 units | 36 | 5.4% |
| 5 to 19 units | 28 | 4.2% |
| 20 or more units | 0 | 0.0% |
| Mobile home & other | 14 | 2.1% |
Geography
- ZCTA
- 47940
- Land area
- 41 sq mi
- Water area
- 0 sq mi
- Center point
- 40.1175, -86.7447
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)