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ZipNumbers

Monroe County · Indiana

ZIP code 47403

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47403 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
34,410

ZCTA residents

Median income
$68,703

Household, past 12 months

Median home
$222,000

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47403 sits in Monroe County, Indiana and is home to 34,410 people. Median household income is $68,703, the median home is worth $222,000 and median gross rent is $1,114. 55.6% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Monroe County

FIPS 18105

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 47403

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

Population
34,410ZIP 47403 residents
Median household income
$68,703Past 12 months, inflation adjusted
Median home value
$222,000Owner-occupied units
Median gross rent
$1,114Rent plus utilities, monthly
Median age
35.4 yrsAll residents
Homeownership rate
55.6%Owner-occupied households

Sales tax in 47403

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
19%Median rent ÷ median income
Price-to-income
3.2×Home value ÷ household income
Est. mortgage
$1,152/mo20% down, 30-yr at 6.75%
Poverty rate
17.2%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 47403 compares

ZIP 47403 against the median ZIP in Monroe County and across Indiana.

MeasureZIP 47403County medianState medianvs state
Median household income$68,703$65,643$68,990even
Median home value$222,000$243,500$168,100+32%
Median gross rent$1,114$1,137$895+24%
Population34,4107,4022,793+1132%

Medians are computed across the 11 ZIP areas in Monroe County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 49% of 734 state ZIPs

#375
Home value

above 78% of 733 state ZIPs

#162
Population

larger than 94% of 807 state ZIPs

#48

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46376Lake County$68,750$169,300$1,063
47244Bartholomew County$68,750$333,800$1,031
47940Montgomery County$68,750$149,100$771
47356Henry County$68,654$172,200$823
47619Warrick County$68,600$157,000$811
47515Perry County$68,854$198,400

Nearby ZIP codes

Other ZIP codes filed under Monroe County.

ZIP 47403 questions

Common questions about this ZIP code.

Where is ZIP code 47403?
ZIP 47403 lies mostly in Monroe 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 47403?
Indiana charges 7% statewide.
Is 47403 expensive to live in?
Median rent runs $1,114 a month, about 19% of median household income, and the median home is worth $222,000+32% 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 47403, 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.