NeighborhoodRanked

Zip Code 47840

IN · Population: 2,079

B+
72/100
90
A+
Safety
90
A+
Affordability
80
A
Quality of Life
28
F
Jobs
Zip 47840, IN — boundary highlighted© OpenFreeMap · OpenStreetMap · US Census

About Zip Code 47840

Zip code 47840 is located in Indiana and is home to approximately 2,079 residents. It receives an overall grade of B+ (score: 72/100), based on safety, affordability, quality of life, and employment metrics.

This area has significantly lower crime rates than most of the country, making it one of the safer places to live.

With a median household income of $93,365 and home values around $161,300, this zip code offers strong affordability. Residents typically spend a manageable share of their income on housing.

Educational attainment is below the national average, with 28.9% of adults holding a bachelor's degree or higher.

The unemployment rate of 11.4% is above the national average, indicating a weaker local job market.

Scores are percentile-based: a score of 85 means this zip code ranks better than 85% of all US zip codes on that dimension. Data is sourced from the US Census Bureau (ACS 5-year estimates) and the FBI Uniform Crime Report.

Demographics & Economics

Median Income
$93,365
Home Value
$161,300
Rent
Median Age
37
College Educated
28.9%
Unemployment
11.4%
Owner-Occupied
89.4%
Rent Burden

Score Breakdown

DimensionScoreGradeInterpretation
Safety90A+Lower crime = higher score
Affordability90A+Lower cost relative to income = higher
Quality of Life80AEducation, commute, ownership
Jobs & Economy28FLower unemployment = higher
Overall72B+Weighted average

Methodology

All scores are percentile-based (0–100): a score of 85 means this zip code ranks better than 85% of all US zip codes on that metric. Safety uses FBI Uniform Crime Report state-level data (Phase 2 will add zip-level granularity). Economic and demographic data is from the US Census Bureau American Community Survey (ACS) 5-year estimates (2022).