ZIP code 47162

ZIP 47162 is a very small community in Clark County, Indiana, with 501 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #665 of 807 ranked by population — larger than 17% of them. The median age here is 37.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in ZIP 47162 earn a median of $73,839 a year, 6% below the national figure of $78,538. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 5% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in ZIP 47162 is valued at $161,700, 46.7% below the national figure, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2.2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 74.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

With 501 residents, a handful of survey responses moves every median on this page. Compare ZIP 47162 against its county rather than against national figures.

The Census withheld gross rent for ZIP 47162 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

ZIP 47162 is tabulated inside Clark County, Indiana, one of 12 ZIP areas the Census publishes for that county and 807 across Indiana. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 47162 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47162 reports a median household income of $73,839, 12% below the $84,318 county median, and 7% above the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $161,700, 21% below the county figure and 4% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at not published a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Indiana charges 7% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 47162.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 47162 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.