Population 1,849 · Census ACS 2020–24
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Population and households in ZIP 47840
Household size in ZIP 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.65 | 2.57 | 2.68 |
| 2010–14 | 2.79 | 2.59 | 2.73 |
| 2015–19 | 2.77 | 2.57 | 2.71 |
| 2020–24 | 2.80 | 2.54 | 2.65 |
| Change | +0.15 | −0.03 | −0.03 |
Households in ZIP 47840 average 2.80 people, a bit above the national 2.65, so families with children are somewhat more common here. Household size has climbed from 2.65 in 2006–10, 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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 44.9 | 37.5 | 37.7 |
| 2010–14 | 34.9 | 38.4 | 38.6 |
| 2015–19 | 38.0 | 39.1 | 39.6 |
| 2020–24 | 36.8 | 39.3 | 40.1 |
| Change | −8.2 | +1.7 | +2.3 |
The median resident of ZIP 47840 is 36.8 years old, a few years younger than the national median of 40.1.
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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.1% | 11.8% | 12.3% |
| 2010–14 | 4.7% | 12.0% | 12.3% |
| 2015–19 | 6.2% | 11.6% | 11.6% |
| 2020–24 | 5.2% | 11.7% | 11.6% |
| Change | +0.1 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 47840: 5.2% 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 47840
Renters in ZIP 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.6% | 28.5% | 33.3% |
| 2010–14 | 15.3% | 30.5% | 35.6% |
| 2015–19 | 14.4% | 30.9% | 36.0% |
| 2020–24 | 16.4% | 29.4% | 34.8% |
| Change | +6.8 pts | +1.0 pts | +1.5 pts |
Only 16.4% of households in ZIP 47840 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 37.6% have no mortgage at all, about the same as nationally.
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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 22.7% | 11.2% | 11.4% |
| 2010–14 | 15.8% | 11.2% | 11.4% |
| 2015–19 | 9.5% | 10.9% | 11.1% |
| 2020–24 | 15.3% | 9.3% | 9.6% |
| Change | −7.4 pts | −2.0 pts | −1.8 pts |
Vacant homes make up 15.3% of the housing in ZIP 47840, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1968 | 1972 | 1974 |
| 2010–14 | 1969 | 1973 | 1975 |
| 2015–19 | 1970 | 1974 | 1977 |
| 2020–24 | 1979 | 1977 | 1980 |
| Change | +10 | +5 | +6 |
Homes in ZIP 47840 are about the same age as the nation's housing: the median home was built in 1979, versus 1980 nationally.
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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $594 | $763 | $965 |
| 2010–14 | $546 | $819 | $1,040 |
| 2015–19 | $553 | $903 | $1,213 |
| 2020–24 | $727 | $1,146 | $1,571 |
| Change | +$134 | +$384 | +$606 |
The median renter in ZIP 47840 pays $727 a month for rent and utilities, well below the national median of $1,571. Rent takes 22.3% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 47840
Bachelor's degrees in ZIP 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 17.3% | 23.8% | 28.4% |
| 2010–14 | 14.7% | 24.6% | 29.6% |
| 2015–19 | 24.8% | 27.1% | 32.1% |
| 2020–24 | 29.2% | 30.0% | 35.6% |
| Change | +11.9 pts | +6.2 pts | +7.2 pts |
About three in ten adults 25 and older in ZIP 47840 (29.2%) have a bachelor's degree or higher, a little below the national share of 35.6%. Indiana as a whole looks much the same.
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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 89.3% | 86.5% | 84.9% |
| 2010–14 | 83.0% | 87.7% | 86.1% |
| 2015–19 | 95.0% | 88.7% | 87.7% |
| 2020–24 | 95.1% | 89.9% | 89.3% |
| Change | +5.8 pts | +3.4 pts | +4.3 pts |
High school completion is high in ZIP 47840: 95.1% of adults 25 and older have a diploma or equivalent, well 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 47840
| Period | ZIP 47840 | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 4.1% | 8.4% | 8.1% |
| 2010–14 | 4.5% | 8.9% | 9.4% |
| 2015–19 | 4.9% | 4.9% | 5.6% |
| 2020–24 | 7.3% | 4.3% | 5.4% |
| Change | +3.2 pts | −4.1 pts | −2.7 pts |
Jobs have been harder to find in ZIP 47840 than nationally: unemployment was 7.3%, 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 47840 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 47840 | 2.80 | 36.8 | 5.2% | 16.4% | 15.3% | 1979 | $727 | 29.2% | 95.1% | 7.3% |
| ZIP 47833 | 2.36 | 46.7 | 7.0% | 14.2% | 8.7% | 1986 | $871 | 18.5% | 86.8% | 5.3% |
| ZIP 47846 | 2.91 | 40.1 | 5.7% | 5.3% | 9.9% | 1976 | $807 | 22.0% | 91.4% | 0.5% |
| ZIP 47857 | 1.97 | 59.2 | 3.6% | 12.1% | 4.4% | 1965 | $913 | 22.6% | 88.9% | 2.8% |
| ZIP 47881 | 2.62 | 38.6 | 8.9% | 20.7% | 4.0% | 1983 | $1,165 | 22.1% | 97.5% | 3.6% |
| ZIP 47834 | 2.52 | 42.8 | 14.1% | 19.6% | 10.6% | 1974 | $980 | 18.9% | 89.0% | 3.6% |
| ZIP 47853 | 2.10 | 50.5 | 8.8% | 17.6% | 7.8% | 1970 | $957 | 13.3% | 93.3% | 0.6% |
| ZIP 47455 | 2.60 | 42.4 | 14.6% | 2.9% | 7.1% | 1990 | $755 | 19.8% | 86.2% | 3.1% |
| ZIP 47868 | 2.29 | 46.4 | 7.2% | 23.8% | 20.8% | 1985 | $917 | 12.4% | 87.6% | 4.4% |
| ZIP 46171 | 2.69 | 42.9 | 9.6% | 8.5% | 9.7% | 1992 | $785 | 13.3% | 87.1% | 0.0% |
| ZIP 47871 | 2.59 | 42.2 | 6.2% | 13.1% | 23.9% | 1978 | $900 | 23.2% | 92.6% | 7.3% |
All figures 2020–24.
Zip codes with similar populations: 15338, PA · 67119, KS · 67330, KS · 64470, MO · 64444, MO · 62084, IL · 61747, IL · 61283, IL · 61051, IL · 61031, IL
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 47840. 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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