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ZipNumbers

Gibson County · Indiana

ZIP code 47640

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47640 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
882

ZCTA residents

Median income
$59,775

Household, past 12 months

Median home
$110,200

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47640 sits in Gibson County, Indiana and is home to 882 people. Median household income is $59,775, the median home is worth $110,200 and median gross rent is $768. 90.7% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Gibson County

FIPS 18051

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 47640

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

Population
882ZIP 47640 residents
Median household income
$59,775Past 12 months, inflation adjusted
Median home value
$110,200Owner-occupied units
Median gross rent
$768Rent plus utilities, monthly
Median age
56.9 yrsAll residents
Homeownership rate
90.7%Owner-occupied households

Sales tax in 47640

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
15%Median rent ÷ median income
Price-to-income
1.8×Home value ÷ household income
Est. mortgage
$572/mo20% down, 30-yr at 6.75%
Poverty rate
7.1%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 47640 compares

ZIP 47640 against the median ZIP in Gibson County and across Indiana.

MeasureZIP 47640County medianState medianvs state
Median household income$59,775$67,224$68,990-13%
Median home value$110,200$132,600$168,100-34%
Median gross rent$768$894$895-14%
Population8821,3612,793-68%

Medians are computed across the 12 ZIP areas in Gibson County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 28% of 734 state ZIPs

#530
Home value

above 14% of 733 state ZIPs

#634
Population

larger than 25% of 807 state ZIPs

#606

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46711Adams County$59,817$180,200$773
47715Vanderburgh County$59,821$191,900$1,009
47383Delaware County$59,700$128,400$928
46360LaPorte County$59,641$155,900$924
46915Carroll County$59,583$139,100$846
47848Sullivan County$59,575$97,600$670

Nearby ZIP codes

Other ZIP codes filed under Gibson County.

ZIP 47640 questions

Common questions about this ZIP code.

Where is ZIP code 47640?
ZIP 47640 lies mostly in Gibson 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 47640?
Indiana charges 7% statewide.
Is 47640 expensive to live in?
Median rent runs $768 a month, about 15% of median household income, and the median home is worth $110,200-34% 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 47640, 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.