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ZipNumbers

Jefferson County · Indiana

ZIP code 47231

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47231 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
742

ZCTA residents

Median income
$50,000

Household, past 12 months

Median home
$93,900

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47231 sits in Jefferson County, Indiana and is home to 742 people. Median household income is $50,000, the median home is worth $93,900 and median gross rent is $886. 70.1% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Jefferson County

FIPS 18077

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 47231

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

Population
742ZIP 47231 residents
Median household income
$50,000Past 12 months, inflation adjusted
Median home value
$93,900Owner-occupied units
Median gross rent
$886Rent plus utilities, monthly
Median age
31.2 yrsAll residents
Homeownership rate
70.1%Owner-occupied households

Sales tax in 47231

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
21%Median rent ÷ median income
Price-to-income
1.9×Home value ÷ household income
Est. mortgage
$487/mo20% down, 30-yr at 6.75%
Poverty rate
34.2%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 47231 compares

ZIP 47231 against the median ZIP in Jefferson County and across Indiana.

MeasureZIP 47231County medianState medianvs state
Median household income$50,000$70,055$68,990-28%
Median home value$93,900$180,500$168,100-44%
Median gross rent$886$886$895-1%
Population7423,2392,793-73%

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

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 11% of 734 state ZIPs

#655
Home value

above 8% of 733 state ZIPs

#678
Population

larger than 22% of 807 state ZIPs

#629

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47453Greene County$50,000
47879Sullivan County$50,000$93,600$734
46805Allen County$50,099$131,300$858
47868Owen County$49,789$151,600$953
47966Vermillion County$50,250$61,000$569
46127Rush County$50,288$119,100$584

Nearby ZIP codes

Other ZIP codes filed under Jefferson County.

ZIP 47231 questions

Common questions about this ZIP code.

Where is ZIP code 47231?
ZIP 47231 lies mostly in Jefferson 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 47231?
Indiana charges 7% statewide.
Is 47231 expensive to live in?
Median rent runs $886 a month, about 21% of median household income, and the median home is worth $93,900-44% 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 47231, 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.