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Delaware County · Indiana

ZIP code 47305

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47305 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
3,570

ZCTA residents

Median income
$33,125

Household, past 12 months

Median home
$77,300

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47305 sits in Delaware County, Indiana and is home to 3,570 people. Median household income is $33,125, the median home is worth $77,300 and median gross rent is $744. 35.8% 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 47305

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

Population
3,570ZIP 47305 residents
Median household income
$33,125Past 12 months, inflation adjusted
Median home value
$77,300Owner-occupied units
Median gross rent
$744Rent plus utilities, monthly
Median age
37.9 yrsAll residents
Homeownership rate
35.8%Owner-occupied households

ZIP 47305 in context

How this area compares with national benchmarks.

ZIP 47305 is a small town in Delaware County, Indiana, with 3,570 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #365 of 807 ranked by population — larger than 54% of them. The median age here is 37.9 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 47305 earn a median of $33,125 a year, 57.8% below the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 39.1% 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 47305 is valued at $77,300, 74.5% below the national figure, while median gross rent runs $744 a month, 47.1% below the national figure, or roughly $8,928 across a full year. A household on the local median income would put about 27% 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 2.3×, 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. 35.8% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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 47305 in context

How 47305 sits inside Delaware County and Indiana.

ZIP 47305 is tabulated inside Delaware County, Indiana, one of 12 ZIP areas the Census publishes for that county and 807 across Indiana. Population sits in the small-town band, typically one main street plus the addresses that feed into it. 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 47305 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47305 reports a median household income of $33,125, 48% below the $63,816 county median, and 52% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $77,300, 38% below the county figure and 54% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $744 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 47305.

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 47305 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 47305

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
27%Median rent ÷ median income
Price-to-income
2.3×Home value ÷ household income
Est. mortgage
$401/mo20% down, 30-yr at 6.75%
Poverty rate
39.1%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 47305 compares

ZIP 47305 against the median ZIP in Delaware County and across Indiana.

MeasureZIP 47305County medianState medianvs state
Median household income$33,125$63,816$68,990-52%
Median home value$77,300$124,350$168,100-54%
Median gross rent$744$849$895-17%
Population3,5703,7182,793+28%

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 1% of 734 state ZIPs

#729
Home value

above 3% of 733 state ZIPs

#712
Population

larger than 55% of 807 state ZIPs

#365

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47369Jay County$33,510$161,800$675
46803Allen County$31,797$78,800$878
46218Marion County$34,635$90,200$1,056
46016Madison County$35,543$66,100$864
46406Lake County$35,631$86,300$972
46320Lake County$35,706$115,300$853

Nearby ZIP codes

Other ZIP codes filed under Delaware County.

Adjacent ZIP Codes

Other ZIP codes in Delaware County, Indiana.

ZIP 47305 questions

Common questions about this ZIP code.

Where is ZIP code 47305?
ZIP 47305 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 47305?
Indiana charges 7% statewide.
Is 47305 expensive to live in?
Median rent runs $744 a month, about 27% of median household income, and the median home is worth $77,300 — -54% 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 47305, 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.