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ZIP CODE TABULATION AREA

47940

Indiana · 1,421 residents · 41.2 sq mi
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ZIP 47940 is home to 1,421 people in Montgomery County. Four-year degrees are less common here than nationally, at 19% of adults. Owners hold 82% of the housing stock. The typical home is worth $152,100. 1% of residents were born outside the United States. The median age is 43.1, about 4 years above the US median. Among the 10 ZIP codes in Montgomery County, 47940 ranks 8th by median household income.

$70,711
US average: $82,259
$32,662
US average: $44,673
$152,100
US average: $376,019
19.0%
US average: 35.6%
Land area
41.2 sq mi
Age, sex & households
Under 18
20.3%
Age 65+
18.9%
47.9%
52.1%
2.52 people
Race & ethnicity · 2024
2024
White, non-Hispanic84.5%(1,201)
Black0%(0)
Hispanic / Latino8.6%(122)
Asian0%(0)
Other6.9%(98)
34
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
2.2
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Montgomery County
Income rank vs other ZIPs
LOWEST8TH OF 10HIGHEST
Adjacent ZIPs
47933$68,130
47954$81,364
47955$71,591
Frequently asked

How many people live in ZIP code 47940?

ZIP code 47940 has about 1,421 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 47940?

The typical household in ZIP code 47940 earns about $70,711 a year. Half of households make more than that, and half make less.

Is ZIP code 47940 expensive?

In ZIP code 47940, the median home is worth about $152,100, and the typical rent is about $784 a month.

How educated are people in ZIP code 47940?

About 19.0% of adults age 25 and over in ZIP code 47940 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 47940?

About 6.5% of people in ZIP code 47940 live below the federal poverty line.

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