Skip to content
ZipNumbers

Vermillion County · Indiana

ZIP code 47974

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47974 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,399

ZCTA residents

Median income
$90,455

Household, past 12 months

Median home
$120,200

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47974 sits in Vermillion County, Indiana and is home to 1,399 people. Median household income is $90,455, the median home is worth $120,200 and median gross rent is $831. 69.9% 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 47974

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

Population
1,399ZIP 47974 residents
Median household income
$90,455Past 12 months, inflation adjusted
Median home value
$120,200Owner-occupied units
Median gross rent
$831Rent plus utilities, monthly
Median age
41.1 yrsAll residents
Homeownership rate
69.9%Owner-occupied households

Sales tax in 47974

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
11%Median rent ÷ median income
Price-to-income
1.3×Home value ÷ household income
Est. mortgage
$624/mo20% down, 30-yr at 6.75%
Poverty rate
9.8%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 47974 compares

ZIP 47974 against the median ZIP in Vermillion County and across Indiana.

MeasureZIP 47974County medianState medianvs state
Median household income$90,455$57,917$68,990+31%
Median home value$120,200$98,500$168,100-28%
Median gross rent$831$800$895-7%
Population1,3998692,793-50%

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 86% of 734 state ZIPs

#101
Home value

above 20% of 733 state ZIPs

#589
Population

larger than 34% of 807 state ZIPs

#530

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46184Johnson County$90,250$205,100$1,684
47462Lawrence County$90,205$190,700$658
46171Putnam County$90,125$256,900
46034Hamilton County$90,795$292,900$1,038
46741Allen County$90,114$303,000$1,297
47025Dearborn County$89,986$231,000$773

Nearby ZIP codes

Other ZIP codes filed under Vermillion County.

ZIP 47974 questions

Common questions about this ZIP code.

Where is ZIP code 47974?
ZIP 47974 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 47974?
Indiana charges 7% statewide.
Is 47974 expensive to live in?
Median rent runs $831 a month, about 11% of median household income, and the median home is worth $120,200-28% 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 47974, 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.