NeighborhoodRanked

Zip Code 47842

IN · Population: 9,730

C+
54/100
57
C+
Safety
64
B
Affordability
62
B
Quality of Life
33
D
Jobs
Zip 47842, IN — boundary highlighted© OpenFreeMap · OpenStreetMap · US Census

About Zip Code 47842

Zip code 47842 is located in Indiana and is home to approximately 9,730 residents. It receives an overall grade of C+ (score: 54/100), based on safety, affordability, quality of life, and employment metrics.

Crime rates in this area are roughly in line with national averages.

The median household income here is $55,053, with home values near $104,900 and rents around $786/month. Affordability is moderate compared to the rest of the country.

Educational attainment is below the national average, with 19.1% of adults holding a bachelor's degree or higher.

The unemployment rate of 10% 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
$55,053
Home Value
$104,900
Rent
$786/mo
Median Age
42
College Educated
19.1%
Unemployment
10%
Owner-Occupied
73.1%
Rent Burden
17.1% of income

Score Breakdown

DimensionScoreGradeInterpretation
Safety57C+Lower crime = higher score
Affordability64BLower cost relative to income = higher
Quality of Life62BEducation, commute, ownership
Jobs & Economy33DLower unemployment = higher
Overall54C+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).