
Monroe County · Indiana
ZIP code 47406
- Population
- 8,356
- Median income
- —
- Median home
- —
- Sales tax
- 7%
ZCTA residents
Household, past 12 months
Owner-occupied value
Indiana state rate
Quick answer
ZIP 47406 sits in Monroe County, Indiana and is home to 8,356 people. Median household income is —, the median home is worth — and median gross rent is $1,188. 0% of households own their home, and purchases are taxed at 7% (Indiana state rate).
- County
- Monroe County
- State
- Indiana (IN)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 18105
807 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 47406
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 8,356ZIP 47406 residents
- Median household income
- —Past 12 months, inflation adjusted
- Median home value
- —Owner-occupied units
- Median gross rent
- $1,188Rent plus utilities, monthly
- Median age
- 19.2 yrsAll residents
- Homeownership rate
- 0%Owner-occupied households
ZIP 47406 in context
How this area compares with national benchmarks.
ZIP 47406 is a mid-size town in Monroe County, Indiana, with 8,356 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #239 of 807 ranked by population — larger than 70% of them. The median age here is 19.2 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 47406 earn a median of not published a year. 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 55.6% 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 47406 is valued at not published, while median gross rent runs $1,188 a month, 15.5% below the national figure, or roughly $14,256 across a full year. 0% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. 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.
A median age of 19.2 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.
The Census withheld household income, home value for ZIP 47406 because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.
Reading ZIP 47406 in context
How 47406 sits inside Monroe County and Indiana.
ZIP 47406 is tabulated inside Monroe County, Indiana, one of 11 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 47406 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.
Against its own county, 47406 reports a median household income of not published. Owner-occupied homes are valued at a median of not published. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,188 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 47406.
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 47406 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 47406
What a purchase inside this ZIP costs at checkout.
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.
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 47406 compares
ZIP 47406 against the median ZIP in Monroe County and across Indiana.
| Measure | ZIP 47406 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | — | $65,643 | $68,990 | — |
| Median home value | — | $243,500 | $168,100 | — |
| Median gross rent | $1,188 | $1,137 | $895 | +33% |
| Population | 8,356 | 7,402 | 2,793 | +199% |
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
- —
- Home value
- —
- Population
- #239
Not published
Not published
larger than 70% of 807 state ZIPs
Nearby ZIP codes
Other ZIP codes filed under Monroe County.
Adjacent ZIP Codes
Other ZIP codes in Monroe County, Indiana.
ZIP 47406 questions
Common questions about this ZIP code.
- Where is ZIP code 47406?
- ZIP 47406 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 47406?
- Indiana charges 7% statewide.
- Is 47406 expensive to live in?
- Median rent runs $1,188 a month, and the median home is worth — — — 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.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Indiana Department of Revenue — Sales tax rates and local add-ons
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.