ZIP code 47807: income, home prices and cost of living

The median household income in ZIP 47807 is $22,677, which is 66% below the Indiana median of $66,588 and 67% below the national figure. The typical home is valued at $55,600, and the median rent is $864/month. 27.2% of households own their home.

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

Median household income

$22,677

Indiana average
$66,58866%
National
$68,75067%

Median home value

$55,600

Indiana average
$160,50065%
National
$209,60073%

Median gross rent

$864

Indiana average
$870
National
$98412%

Median age

24.1 yrs

Indiana average
40.1 yrs40%
National
41.0 yrs41%

Homeownership rate

27.2%

Indiana average
79.9%66%
National
75.8%64%

Bachelor's degree or higher

9.2%

Indiana average
13.0%29%
National
15.9%42%

How ZIP 47807 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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Nearby ZIP codes in Indiana

47805478044780347802478344784247872478824788547725

Or compare 47807 with 47805.

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What people search about ZIP 47807

Searches for the cost of living in 47807, the median household income in 47807, average rent in 47807 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 47807, 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.