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ZIP CODE TABULATION AREA

47240

Indiana · 21,484 residents · 304 sq mi
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ZIP 47240 is a ZIP code of 21,484 people in Decatur County. 20% of adults hold a bachelor's degree, below the 36% national rate. The foreign-born share is 1%. Median home value sits at $209,200. 74% of homes are owner-occupied. Median rent is $871 a month.

$69,985
US average: $82,259
$37,207
US average: $44,673
$209,200
US average: $376,019
19.6%
US average: 35.6%
Land area
304 sq mi
Age, sex & households
Under 18
23.2%
Age 65+
19.5%
50.6%
49.4%
2.39 people
Race & ethnicity · 2024
2024
White, non-Hispanic92.5%(19,872)
Black0.3%(57)
Hispanic / Latino3%(653)
Asian0.1%(19)
Other4.1%(883)
18
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
3.0
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Decatur County
Income rank vs other ZIPs
LOWEST3RD OF 4HIGHEST
Adjacent ZIPs
47263$68,750
47272$75,117
47283$74,028
Frequently asked

How many people live in ZIP code 47240?

ZIP code 47240 has about 21,484 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 47240?

The typical household in ZIP code 47240 earns about $69,985 a year. Half of households make more than that, and half make less.

Is ZIP code 47240 expensive?

In ZIP code 47240, the median home is worth about $209,200, and the typical rent is about $871 a month.

How educated are people in ZIP code 47240?

About 19.6% of adults age 25 and over in ZIP code 47240 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 47240?

About 9.5% of people in ZIP code 47240 live below the federal poverty line.

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Containing area
Decatur County
Other ZIP codes in Decatur County
ZIP 47283ZIP 47272ZIP 47263ZIP 47225

DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024