ZIP code 47388

ZIP 47388 is a very small community in Henry County, Indiana, with 413 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #680 of 807 ranked by population — larger than 15% of them. The median age here is 44.4 years against 39.1 nationally, a slightly older 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 47388 earn a median of $51,500 a year, 34.4% below the national figure of $78,538. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 6.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 47388 is valued at $134,800, 55.6% below the national figure, while median gross rent runs $988 a month, 29.7% below the national figure, or roughly $11,856 across a full year. A household on the local median income would put about 23% 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 2.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 93.5% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 413 residents, a handful of survey responses moves every median on this page. Compare ZIP 47388 against its county rather than against national figures.

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.

ZIP 47388 is tabulated inside Henry County, Indiana, one of 15 ZIP areas the Census publishes for that county and 807 across Indiana. This is one of the smallest tabulated ZIP areas in the state, the kind of rural route where a single subdivision or farm cluster accounts for most 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 47388 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47388 reports a median household income of $51,500, 21% below the $65,221 county median, and 25% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $134,800, close to the county figure and 20% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $988 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 47388.

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 47388 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.