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ZipNumbers

Carroll County · Indiana

ZIP code 47997

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47997 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
202

ZCTA residents

Median income
$62,500

Household, past 12 months

Median home
$121,500

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47997 sits in Carroll County, Indiana and is home to 202 people. Median household income is $62,500, the median home is worth $121,500 and median gross rent is $560. 69.7% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Carroll County

FIPS 18015

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 47997

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

Population
202ZIP 47997 residents
Median household income
$62,500Past 12 months, inflation adjusted
Median home value
$121,500Owner-occupied units
Median gross rent
$560Rent plus utilities, monthly
Median age
34.8 yrsAll residents
Homeownership rate
69.7%Owner-occupied households

Sales tax in 47997

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
1.9×Home value ÷ household income
Est. mortgage
$630/mo20% down, 30-yr at 6.75%
Poverty rate
11.4%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 47997 compares

ZIP 47997 against the median ZIP in Carroll County and across Indiana.

MeasureZIP 47997County medianState medianvs state
Median household income$62,500$61,667$68,990-9%
Median home value$121,500$157,600$168,100-28%
Median gross rent$560$804$895-37%
Population2021,3972,793-93%

Medians are computed across the 7 ZIP areas in Carroll County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 34% of 734 state ZIPs

#481
Home value

above 21% of 733 state ZIPs

#579
Population

larger than 12% of 807 state ZIPs

#714

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
47982Warren County$62,500$77,800
47032Dearborn County$62,484$222,800$1,558
47471Greene County$62,569$111,600$708
47163Clark County$62,717$182,800
46501Marshall County$62,721$146,200$947
46799Wells County$62,250$155,800$738

Nearby ZIP codes

Other ZIP codes filed under Carroll County.

ZIP 47997 questions

Common questions about this ZIP code.

Where is ZIP code 47997?
ZIP 47997 lies mostly in Carroll 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 47997?
Indiana charges 7% statewide.
Is 47997 expensive to live in?
Median rent runs $560 a month, about 11% of median household income, and the median home is worth $121,500-28% 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 47997, 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.