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Monroe County · Indiana

ZIP code 47468

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47468 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,195

ZCTA residents

Median income
$81,979

Household, past 12 months

Median home
$282,600

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47468 sits in Monroe County, Indiana and is home to 1,195 people. Median household income is $81,979, the median home is worth $282,600 and median gross rent is $973. 87% 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 47468

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

Population
1,195ZIP 47468 residents
Median household income
$81,979Past 12 months, inflation adjusted
Median home value
$282,600Owner-occupied units
Median gross rent
$973Rent plus utilities, monthly
Median age
58.2 yrsAll residents
Homeownership rate
87%Owner-occupied households

ZIP 47468 in context

How this area compares with national benchmarks.

ZIP 47468 is a small town in Monroe County, Indiana, with 1,195 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #558 of 807 ranked by population — larger than 30% of them. The median age here is 58.2 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 47468 earn a median of $81,979 a year, 4.4% above 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 9.5% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 47468 is valued at $282,600, 6.9% below the national figure, while median gross rent runs $973 a month, 30.8% below the national figure, or roughly $11,676 across a full year. A household on the local median income would put about 14.2% 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 3.4×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 87% 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. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

A median age of 58.2 puts ZIP 47468 well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

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 47468 in context

How 47468 sits inside Monroe County and Indiana.

ZIP 47468 is tabulated inside Monroe County, Indiana, one of 11 ZIP areas the Census publishes for that county and 807 across Indiana. Fewer than 2,500 people are counted here, so the ZIP behaves like a village delivery route rather than a neighbourhood. 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 47468 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 47468 reports a median household income of $81,979, 25% above the $65,643 county median, and 19% above the $68,990 typical IN ZIP. Owner-occupied homes are valued at a median of $282,600, 16% above the county figure and 68% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $973 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 47468.

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 47468 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 47468

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
3.4×Home value ÷ household income
Est. mortgage
$1,466/mo20% down, 30-yr at 6.75%
Poverty rate
9.5%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 47468 compares

ZIP 47468 against the median ZIP in Monroe County and across Indiana.

MeasureZIP 47468County medianState medianvs state
Median household income$81,979$65,643$68,990+19%
Median home value$282,600$243,500$168,100+68%
Median gross rent$973$1,137$895+9%
Population1,1957,4022,793-57%

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 76% of 734 state ZIPs

#177
Home value

above 92% of 733 state ZIPs

#55
Population

larger than 31% of 807 state ZIPs

#558

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46710Noble County$81,927$193,100$633
46131Johnson County$81,914$227,800$1,114
47232Bartholomew County$81,875$185,400$850
47516Knox County$82,083$188,500$625
46071Boone County$81,755$227,600$925
47281Jackson County$82,243$170,300—

Nearby ZIP codes

Other ZIP codes filed under Monroe County.

Adjacent ZIP Codes

Other ZIP codes in Monroe County, Indiana.

ZIP 47468 questions

Common questions about this ZIP code.

Where is ZIP code 47468?
ZIP 47468 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 47468?
Indiana charges 7% statewide.
Is 47468 expensive to live in?
Median rent runs $973 a month, about 14% of median household income, and the median home is worth $282,600 — +68% 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 47468, 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.