ZIP code 47401: income, home prices and cost of living

The median household income in ZIP 47401 is $61,233, which is 8% below the Indiana median of $66,588 and 11% below the national figure. The typical home is valued at $311,400, and the median rent is $1,157/month. 56.4% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$61,233

Indiana average
$66,5888%
National
$68,75011%

Median home value

$311,400

Indiana average
$160,50094%
National
$209,60049%

Median gross rent

$1,157

Indiana average
$87033%
National
$98418%

Median age

36.2 yrs

Indiana average
40.1 yrs10%
National
41.0 yrs12%

Homeownership rate

56.4%

Indiana average
79.9%29%
National
75.8%26%

Bachelor's degree or higher

24.9%

Indiana average
13.0%92%
National
15.9%57%

How ZIP 47401 compares with Indiana and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 47401 typically sell around $311,400. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Indiana

47403474044739647406473944740847390474214742447374

Or compare 47401 with 47403.

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See every local figure on the Indiana money guide.

What people search about ZIP 47401

Searches for the cost of living in 47401, the median household income in 47401, average rent in 47401 and home values in this part of Indiana all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 47401, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.