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Monroe County · Indiana

ZIP code 47464

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47464 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
316

ZCTA residents

Median income
$61,382

Household, past 12 months

Median home
$120,000

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47464 sits in Monroe County, Indiana and is home to 316 people. Median household income is $61,382, the median home is worth $120,000 and median gross rent is $709. 67.1% 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 47464

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

Population
316ZIP 47464 residents
Median household income
$61,382Past 12 months, inflation adjusted
Median home value
$120,000Owner-occupied units
Median gross rent
$709Rent plus utilities, monthly
Median age
41.2 yrsAll residents
Homeownership rate
67.1%Owner-occupied households

ZIP 47464 in context

How this area compares with national benchmarks.

ZIP 47464 is a very small community in Monroe County, Indiana, with 316 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #690 of 807 ranked by population — larger than 14% of them. The median age here is 41.2 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 47464 earn a median of $61,382 a year, 21.8% below the national figure of $78,538. 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 18.9% 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 47464 is valued at $120,000, 60.4% below the national figure, while median gross rent runs $709 a month, 49.6% below the national figure, or roughly $8,508 across a full year. A household on the local median income would put about 13.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2×, 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. 67.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

With 316 residents, a handful of survey responses moves every median on this page. Compare ZIP 47464 against its county rather than against national figures.

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 47464 in context

How 47464 sits inside Monroe County and Indiana.

ZIP 47464 is tabulated inside Monroe County, Indiana, one of 11 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 47464 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47464 reports a median household income of $61,382, 6% below the $65,643 county median, and 11% below the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $120,000, 51% below the county figure and 29% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $709 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 47464.

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 47464 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 47464

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
14%Median rent ÷ median income
Price-to-income
2.0×Home value ÷ household income
Est. mortgage
$623/mo20% down, 30-yr at 6.75%
Poverty rate
18.9%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 47464 compares

ZIP 47464 against the median ZIP in Monroe County and across Indiana.

MeasureZIP 47464County medianState medianvs state
Median household income$61,382$65,643$68,990-11%
Median home value$120,000$243,500$168,100-29%
Median gross rent$709$1,137$895-21%
Population3167,4022,793-89%

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 32% of 734 state ZIPs

#500
Home value

above 20% of 733 state ZIPs

#590
Population

larger than 14% of 807 state ZIPs

#690

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47841Clay County$61,307$102,900$722
46562Kosciusko County$61,599$185,900$795
47955Montgomery County$61,607$116,600$648
47340Randolph County$61,146$165,000$845
46324Lake County$61,118$141,600$1,157
46929Carroll County$61,667$170,500$781

Nearby ZIP codes

Other ZIP codes filed under Monroe County.

Adjacent ZIP Codes

Other ZIP codes in Monroe County, Indiana.

ZIP 47464 questions

Common questions about this ZIP code.

Where is ZIP code 47464?
ZIP 47464 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 47464?
Indiana charges 7% statewide.
Is 47464 expensive to live in?
Median rent runs $709 a month, about 14% of median household income, and the median home is worth $120,000 — -29% 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 47464, 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.