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ZipNumbers

Vermillion County · Indiana

ZIP code 47842

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47842 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
9,675

ZCTA residents

Median income
$54,181

Household, past 12 months

Median home
$114,100

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47842 sits in Vermillion County, Indiana and is home to 9,675 people. Median household income is $54,181, the median home is worth $114,100 and median gross rent is $800. 70.7% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Vermillion County

FIPS 18165

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 47842

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

Population
9,675ZIP 47842 residents
Median household income
$54,181Past 12 months, inflation adjusted
Median home value
$114,100Owner-occupied units
Median gross rent
$800Rent plus utilities, monthly
Median age
42.7 yrsAll residents
Homeownership rate
70.7%Owner-occupied households

Sales tax in 47842

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
18%Median rent ÷ median income
Price-to-income
2.1×Home value ÷ household income
Est. mortgage
$592/mo20% down, 30-yr at 6.75%
Poverty rate
14.8%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 47842 compares

ZIP 47842 against the median ZIP in Vermillion County and across Indiana.

MeasureZIP 47842County medianState medianvs state
Median household income$54,181$57,917$68,990-21%
Median home value$114,100$98,500$168,100-32%
Median gross rent$800$800$895-11%
Population9,6758692,793+246%

Medians are computed across the 9 ZIP areas in Vermillion County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 15% of 734 state ZIPs

#621
Home value

above 16% of 733 state ZIPs

#619
Population

larger than 73% of 807 state ZIPs

#216

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47952Fountain County$54,250$105,500$758
47578Knox County$54,110$108,500$600
46809Allen County$54,362$122,800$804
47454Orange County$53,931$145,400$878
47660Gibson County$53,791$132,600$922
47714Vanderburgh County$54,614$124,800$951

Nearby ZIP codes

Other ZIP codes filed under Vermillion County.

ZIP 47842 questions

Common questions about this ZIP code.

Where is ZIP code 47842?
ZIP 47842 lies mostly in Vermillion 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 47842?
Indiana charges 7% statewide.
Is 47842 expensive to live in?
Median rent runs $800 a month, about 18% of median household income, and the median home is worth $114,100-32% 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 47842, 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.