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Delaware County · Indiana

ZIP code 47303

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47303 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
24,115

ZCTA residents

Median income
$42,556

Household, past 12 months

Median home
$106,600

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47303 sits in Delaware County, Indiana and is home to 24,115 people. Median household income is $42,556, the median home is worth $106,600 and median gross rent is $883. 54.3% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Delaware County

FIPS 18035

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 47303

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

Population
24,115ZIP 47303 residents
Median household income
$42,556Past 12 months, inflation adjusted
Median home value
$106,600Owner-occupied units
Median gross rent
$883Rent plus utilities, monthly
Median age
30 yrsAll residents
Homeownership rate
54.3%Owner-occupied households

ZIP 47303 in context

How this area compares with national benchmarks.

ZIP 47303 is a mid-size town in Delaware County, Indiana, with 24,115 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #95 of 807 ranked by population — larger than 88% of them. The median age here is 30 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 47303 earn a median of $42,556 a year, 45.8% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 29.1% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 47303 is valued at $106,600, 64.9% below the national figure, while median gross rent runs $883 a month, 37.2% below the national figure, or roughly $10,596 across a full year. A household on the local median income would put about 24.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 54.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 30 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 47303 in context

How 47303 sits inside Delaware County and Indiana.

ZIP 47303 is tabulated inside Delaware County, Indiana, one of 12 ZIP areas the Census publishes for that county and 807 across Indiana. This is a mid-sized ZIP that covers a large share of its county's addresses. 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 47303 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47303 reports a median household income of $42,556, 33% below the $63,816 county median, and 38% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $106,600, 14% below the county figure and 37% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $883 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 47303.

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 47303 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.

Sales tax in 47303

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
25%Median rent ÷ median income
Price-to-income
2.5×Home value ÷ household income
Est. mortgage
$553/mo20% down, 30-yr at 6.75%
Poverty rate
29.1%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 47303 compares

ZIP 47303 against the median ZIP in Delaware County and across Indiana.

MeasureZIP 47303County medianState medianvs state
Median household income$42,556$63,816$68,990-38%
Median home value$106,600$124,350$168,100-37%
Median gross rent$883$849$895-1%
Population24,1153,7182,793+763%

Medians are computed across the 12 ZIP areas in Delaware County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 4% of 734 state ZIPs

#707
Home value

above 12% of 733 state ZIPs

#644
Population

larger than 88% of 807 state ZIPs

#95

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47118Crawford County$42,206$117,600$531
47561Knox County$42,202$85,600$680
46201Marion County$43,183$150,600$929
46613St. Joseph County$41,625$71,000$991
46816Allen County$43,760$129,100$813
46960Pulaski County$44,012$130,200$579

Nearby ZIP codes

Other ZIP codes filed under Delaware County.

Adjacent ZIP Codes

Other ZIP codes in Delaware County, Indiana.

ZIP 47303 questions

Common questions about this ZIP code.

Where is ZIP code 47303?
ZIP 47303 lies mostly in Delaware 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 47303?
Indiana charges 7% statewide.
Is 47303 expensive to live in?
Median rent runs $883 a month, about 25% of median household income, and the median home is worth $106,600 — -37% 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 47303, 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.