Population 1,059 · Census ACS 2020–24
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Population and households in ZIP 47640
Household size in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.83 | 2.57 | 2.68 |
| 2010–14 | 2.48 | 2.59 | 2.73 |
| 2015–19 | 2.70 | 2.57 | 2.71 |
| 2020–24 | 2.47 | 2.54 | 2.65 |
| Change | −0.37 | −0.03 | −0.03 |
The average household in ZIP 47640 has 2.47 people, under the U.S. average of 2.65. That is in line with the rest of Indiana. Since 2006–10, household size has dropped from 2.83, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 40.9 | 37.5 | 37.7 |
| 2010–14 | 48.5 | 38.4 | 38.6 |
| 2015–19 | 45.5 | 39.1 | 39.6 |
| 2020–24 | 50.4 | 39.3 | 40.1 |
| Change | +9.5 | +1.7 | +2.3 |
With a median age of 50.4, ZIP 47640 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.9% | 11.8% | 12.3% |
| 2010–14 | 3.7% | 12.0% | 12.3% |
| 2015–19 | 7.8% | 11.6% | 11.6% |
| 2020–24 | 4.9% | 11.7% | 11.6% |
| Change | −1.0 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 47640: 4.9% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 47640
Renters in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.9% | 28.5% | 33.3% |
| 2010–14 | 11.6% | 30.5% | 35.6% |
| 2015–19 | 6.3% | 30.9% | 36.0% |
| 2020–24 | 2.5% | 29.4% | 34.8% |
| Change | −5.4 pts | +1.0 pts | +1.5 pts |
Only 2.5% of households in ZIP 47640 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 55.7% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.7% | 11.2% | 11.4% |
| 2010–14 | 12.5% | 11.2% | 11.4% |
| 2015–19 | 14.4% | 10.9% | 11.1% |
| 2020–24 | 9.2% | 9.3% | 9.6% |
| Change | −4.5 pts | −2.0 pts | −1.8 pts |
Vacancy in ZIP 47640 is close to the national rate: 9.2% of homes are empty, against 9.6%.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1967 | 1972 | 1974 |
| 2010–14 | 1959 | 1973 | 1975 |
| 2015–19 | 1972 | 1974 | 1977 |
| 2020–24 | 1970 | 1977 | 1980 |
| Change | +3 | +5 | +6 |
ZIP 47640 is a place of older homes: half were built before 1970, while the national median is 1980. That means established neighborhoods, and more houses that may need updating.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $531 | $763 | $965 |
| 2010–14 | $572 | $819 | $1,040 |
| 2015–19 | $648 | $903 | $1,213 |
| 2020–24 | $809 | $1,146 | $1,571 |
| Change | +$277 | +$384 | +$606 |
A typical rental in ZIP 47640 costs $809 a month with utilities, well below the national median of $1,571. The typical renter here spends 22.4% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 47640
Bachelor's degrees in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.1% | 23.8% | 28.4% |
| 2010–14 | 9.4% | 24.6% | 29.6% |
| 2015–19 | 11.8% | 27.1% | 32.1% |
| 2020–24 | 20.5% | 30.0% | 35.6% |
| Change | +13.4 pts | +6.2 pts | +7.2 pts |
Fewer adults in ZIP 47640 have a four-year degree than in the country as a whole: 20.5%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 90.1% | 86.5% | 84.9% |
| 2010–14 | 87.5% | 87.7% | 86.1% |
| 2015–19 | 90.2% | 88.7% | 87.7% |
| 2020–24 | 92.7% | 89.9% | 89.3% |
| Change | +2.7 pts | +3.4 pts | +4.3 pts |
Just over nine in ten adults in ZIP 47640 have finished high school (92.7%), above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 47640
| Period | ZIP 47640 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.4% | 8.4% | 8.1% |
| 2010–14 | 7.6% | 8.9% | 9.4% |
| 2015–19 | 2.5% | 4.9% | 5.6% |
| 2020–24 | 3.5% | 4.3% | 5.4% |
| Change | −5.0 pts | −4.1 pts | −2.7 pts |
Jobs have been easier to find in ZIP 47640 than nationally: unemployment was 3.5%, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 47640 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 47640 | 2.47 | 50.4 | 4.9% | 2.5% | 9.2% | 1970 | $809 | 20.5% | 92.7% | 3.5% |
| ZIP 47524 | 2.51 | 53.4 | 8.5% | 3.1% | 7.3% | 1942 | $610 | 20.5% | 94.7% | 0.0% |
| ZIP 47666 | 2.51 | 41.6 | 6.6% | 12.0% | 8.3% | 1978 | $768 | 20.6% | 95.1% | 0.8% |
| ZIP 47670 | 2.39 | 39.3 | 9.4% | 29.4% | 11.4% | 1969 | $991 | 12.2% | 87.6% | 2.5% |
| ZIP 47649 | 2.39 | 46.6 | 5.4% | 11.2% | 8.0% | 1967 | $975 | 17.9% | 94.6% | 0.7% |
| ZIP 47567 | 2.50 | 44.9 | 8.5% | 13.4% | 12.8% | 1972 | $796 | 14.6% | 88.8% | 4.4% |
| ZIP 47557 | 2.56 | 38.7 | 7.5% | 20.8% | 7.7% | 1962 | $861 | 18.4% | 95.0% | 0.3% |
| ZIP 62460 | 3.31 | 39.5 | 5.9% | 9.9% | 18.3% | 1966 | $812 | 14.5% | 88.0% | 12.5% |
| ZIP 62410 | 2.44 | 45.1 | 7.1% | 7.5% | 4.8% | 1980 | $779 | 16.4% | 92.6% | 11.6% |
| ZIP 47660 | 2.41 | 44.0 | 7.7% | 25.4% | 13.5% | 1965 | $869 | 19.1% | 87.8% | 3.6% |
| ZIP 62863 | 2.30 | 42.0 | 13.9% | 26.5% | 13.9% | 1963 | $789 | 18.2% | 92.6% | 3.3% |
All figures 2020–24.
Zip codes with similar populations: 81430, CO · 29899, SC · 30426, GA · 31756, GA · 36921, AL · 37366, TN · 37369, TN · 38076, TN · 38238, TN · 38486, TN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 47640. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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