Skip to content
ZipNumbers

Owen County · Indiana

ZIP code 47427

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47427 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
850

ZCTA residents

Median income
$77,857

Household, past 12 months

Median home
$118,300

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47427 sits in Owen County, Indiana and is home to 850 people. Median household income is $77,857, the median home is worth $118,300 and median gross rent is $708. 76.7% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Owen County

FIPS 18119

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 47427

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

Population
850ZIP 47427 residents
Median household income
$77,857Past 12 months, inflation adjusted
Median home value
$118,300Owner-occupied units
Median gross rent
$708Rent plus utilities, monthly
Median age
50.4 yrsAll residents
Homeownership rate
76.7%Owner-occupied households

Sales tax in 47427

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
11%Median rent ÷ median income
Price-to-income
1.5×Home value ÷ household income
Est. mortgage
$614/mo20% down, 30-yr at 6.75%
Poverty rate
4.1%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 47427 compares

ZIP 47427 against the median ZIP in Owen County and across Indiana.

MeasureZIP 47427County medianState medianvs state
Median household income$77,857$63,257$68,990+13%
Median home value$118,300$154,950$168,100-30%
Median gross rent$708$865$895-21%
Population8501,4012,793-70%

Medians are computed across the 7 ZIP areas in Owen County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 71% of 734 state ZIPs

#213
Home value

above 18% of 733 state ZIPs

#600
Population

larger than 24% of 807 state ZIPs

#615

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46987Grant County$77,813$135,700$1,080
47949Fountain County$77,750$106,700$1,038
47995White County$77,981$136,900$870
46151Morgan County$77,724$219,400$978
46528Elkhart County$77,620$237,600$1,056
46011Madison County$77,618$168,300$1,011

Nearby ZIP codes

Other ZIP codes filed under Owen County.

ZIP 47427 questions

Common questions about this ZIP code.

Where is ZIP code 47427?
ZIP 47427 lies mostly in Owen 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 47427?
Indiana charges 7% statewide.
Is 47427 expensive to live in?
Median rent runs $708 a month, about 11% of median household income, and the median home is worth $118,300-30% 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 47427, 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.