Ripley County · Indiana
ZIP code 47031
- Population
- 5,179
- Median income
- $67,520
- Median home
- $188,800
- Sales tax
- 7%
ZCTA residents
Household, past 12 months
Owner-occupied value
Indiana state rate
Quick answer
ZIP 47031 sits in Ripley County, Indiana and is home to 5,179 people. Median household income is $67,520, the median home is worth $188,800 and median gross rent is $939. 77.6% of households own their home, and purchases are taxed at 7% (Indiana state rate).
- County
- Ripley County
- State
- Indiana (IN)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 18137
807 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 47031
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 5,179ZIP 47031 residents
- Median household income
- $67,520Past 12 months, inflation adjusted
- Median home value
- $188,800Owner-occupied units
- Median gross rent
- $939Rent plus utilities, monthly
- Median age
- 42.1 yrsAll residents
- Homeownership rate
- 77.6%Owner-occupied households
Sales tax in 47031
What a purchase inside this ZIP costs at checkout.
Indiana levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.
Affordability in this ZIP
Derived from the Census medians above — indicative, not an offer.
A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.
How 47031 compares
ZIP 47031 against the median ZIP in Ripley County and across Indiana.
| Measure | ZIP 47031 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $67,520 | $71,400 | $68,990 | -2% |
| Median home value | $188,800 | $182,500 | $168,100 | +12% |
| Median gross rent | $939 | $826 | $895 | +5% |
| Population | 5,179 | 2,076 | 2,793 | +85% |
Medians are computed across the 9 ZIP areas in Ripley County and the 807 ZIP areas in Indiana.
Statewide rank
Where this ZIP places among all 807 Indiana ZIP areas.
- Income
- #393
- Home value
- #265
- Population
- #294
richer than 46% of 734 state ZIPs
above 64% of 733 state ZIPs
larger than 64% of 807 state ZIPs
Comparable ZIP codes
Indiana ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Ripley County.
ZIP 47031 questions
Common questions about this ZIP code.
- Where is ZIP code 47031?
- ZIP 47031 lies mostly in Ripley County, Indiana. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
- What sales tax do I pay in 47031?
- Indiana charges 7% statewide.
- Is 47031 expensive to live in?
- Median rent runs $939 a month, about 17% of median household income, and the median home is worth $188,800 — +12% against the typical Indiana ZIP.
- Is a ZCTA the same as a postal ZIP code?
- Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Indiana Department of Revenue — Sales tax rates and local add-ons
Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.