NeighborhoodRanked

Zip Code 47940

IN · Population: 1,436

B+
74/100
66
B
Safety
78
B+
Affordability
65
B
Quality of Life
88
A
Jobs
Zip 47940, IN — boundary highlighted© OpenFreeMap · OpenStreetMap · US Census

About Zip Code 47940

Zip code 47940 is located in Indiana and is home to approximately 1,436 residents. It receives an overall grade of B+ (score: 74/100), based on safety, affordability, quality of life, and employment metrics.

Crime rates here are below the national average, suggesting a relatively safe community.

With a median household income of $64,375 and home values around $136,600, 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 18.3% of adults holding a bachelor's degree or higher.

The local job market is strong, with an unemployment rate of just 1.6%.

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
$64,375
Home Value
$136,600
Rent
$746/mo
Median Age
42
College Educated
18.3%
Unemployment
1.6%
Owner-Occupied
79.1%
Rent Burden
13.9% of income

Score Breakdown

DimensionScoreGradeInterpretation
Safety66BLower crime = higher score
Affordability78B+Lower cost relative to income = higher
Quality of Life65BEducation, commute, ownership
Jobs & Economy88ALower unemployment = higher
Overall74B+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).