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ZipNumbers

Jennings County · Indiana

ZIP code 47223

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47223 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,190

ZCTA residents

Median income
$88,025

Household, past 12 months

Median home
$189,000

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47223 sits in Jennings County, Indiana and is home to 1,190 people. Median household income is $88,025, the median home is worth $189,000 and median gross rent is . 87.1% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Jennings County

FIPS 18079

State
Indiana (IN)

807 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 47223

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,190ZIP 47223 residents
Median household income
$88,025Past 12 months, inflation adjusted
Median home value
$189,000Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
87.1%Owner-occupied households

Sales tax in 47223

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

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.

Rent burden
Median rent ÷ median income
Price-to-income
2.1×Home value ÷ household income
Est. mortgage
$981/mo20% down, 30-yr at 6.75%
Poverty rate
23.5%Residents below poverty line

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 47223 compares

ZIP 47223 against the median ZIP in Jennings County and across Indiana.

MeasureZIP 47223County medianState medianvs state
Median household income$88,025$79,853$68,990+28%
Median home value$189,000$155,000$168,100+12%
Median gross rent$769$895
Population1,1901,3082,793-57%

Medians are computed across the 6 ZIP areas in Jennings County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 83% of 734 state ZIPs

#123
Home value

above 64% of 733 state ZIPs

#263
Population

larger than 31% of 807 state ZIPs

#559

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47551Perry County$88,047$187,500
46204Marion County$88,081$350,400$1,686
47246Bartholomew County$88,106$165,300$1,088
47558Daviess County$88,154$255,500$814
47846Clay County$87,750$130,100
46217Marion County$88,326$226,100$1,370

Nearby ZIP codes

Other ZIP codes filed under Jennings County.

ZIP 47223 questions

Common questions about this ZIP code.

Where is ZIP code 47223?
ZIP 47223 lies mostly in Jennings 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 47223?
Indiana charges 7% statewide.
Is 47223 expensive to live in?
Median rent runs a month, and the median home is worth $189,000+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.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 47223, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

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.