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ZipNumbers

Clay County · Indiana

ZIP code 47846

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47846 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
978

ZCTA residents

Median income
$87,750

Household, past 12 months

Median home
$130,100

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47846 sits in Clay County, Indiana and is home to 978 people. Median household income is $87,750, the median home is worth $130,100 and median gross rent is . 96.5% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Clay County

FIPS 18021

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 47846

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

Population
978ZIP 47846 residents
Median household income
$87,750Past 12 months, inflation adjusted
Median home value
$130,100Owner-occupied units
Median gross rent
Rent plus utilities, monthly
Median age
34.2 yrsAll residents
Homeownership rate
96.5%Owner-occupied households

Sales tax in 47846

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
Median rent ÷ median income
Price-to-income
1.5×Home value ÷ household income
Est. mortgage
$675/mo20% down, 30-yr at 6.75%
Poverty rate
5.5%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 47846 compares

ZIP 47846 against the median ZIP in Clay County and across Indiana.

MeasureZIP 47846County medianState medianvs state
Median household income$87,750$61,307$68,990+27%
Median home value$130,100$132,800$168,100-23%
Median gross rent$838$895
Population9789352,793-65%

Medians are computed across the 10 ZIP areas in Clay County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 83% of 734 state ZIPs

#124
Home value

above 26% of 733 state ZIPs

#542
Population

larger than 27% of 807 state ZIPs

#591

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47227Jennings County$87,617$166,300$769
46356Lake County$87,535$256,300$1,190
47223Jennings County$88,025$189,000
47551Perry County$88,047$187,500
47106Clark County$87,431$205,000$956
46204Marion County$88,081$350,400$1,686

Nearby ZIP codes

Other ZIP codes filed under Clay County.

ZIP 47846 questions

Common questions about this ZIP code.

Where is ZIP code 47846?
ZIP 47846 lies mostly in Clay 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 47846?
Indiana charges 7% statewide.
Is 47846 expensive to live in?
Median rent runs a month, and the median home is worth $130,100-23% 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 47846, 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.