Comparison to Surrounding Areas
The median household income ($63,205) for 47340 is less than the median household income for 47320 ($69,764), 47358 ($79,063), and 47368 ($73,654). But it's more than 47373 ($51,532), 47380 ($57,000), 47394 ($59,913), Randolph County ($60,791), Fairview CDP ($40,114), and Farmland town ($41,206).
| 47340 | $63,205 |
| Fairview CDP | $40,114 |
| Farmland town | $41,206 |
| Randolph County | $60,791 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($76,660) for 47340 is less than the average household income for 47320 ($96,883), 47358 ($81,471), 47368 ($77,719), and 47380 ($113,432). But it's more than 47373 ($63,107), 47394 ($75,885), Randolph County ($76,259), Fairview CDP ($57,862), and Farmland town ($53,601).
| 47340 | $76,660 |
| Fairview CDP | $57,862 |
| Farmland town | $53,601 |
| Randolph County | $76,259 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47340 is $31,765. The per capita income ($31,765) for 47340 is less than the per capita income for 47320 ($42,576), 47358 ($37,361), 47380 ($46,890), and Randolph County ($32,537). But it's more than 47368 ($30,469), 47373 ($22,488), 47394 ($31,623), Fairview CDP ($21,496), and Farmland town ($23,206).
| 47340 | $31,765 |
| Fairview CDP | $21,496 |
| Farmland town | $23,206 |
| Randolph County | $32,537 |
Get Per-Capita Income for all Zip Codes in Indiana.
0.9% of households make over $200,000 a year. The percent high income households (0.9%) for 47340 is less than the percent high income households for 47358 (2.7%), 47380 (8.6%), 47394 (4.6%), 47320 (3.8%), 47368 (1.9%), Randolph County (3.3%), and Farmland town (1.1%). But it's more than 47373 (0.6%) and Fairview CDP (0.0%).
| 47340 | 0.9% |
| Fairview CDP | 0.0% |
| Farmland town | 1.1% |
| Randolph County | 3.3% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 47340 | $41,557 | $86,250 | $78,542 | $45,833 |
| Fairview CDP | $-1 | $-1 | $-1 | $-1 |
| Farmland town | $41,557 | $34,226 | $62,375 | $40,721 |
| Randolph County | $42,295 | $71,484 | $72,182 | $45,067 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 47340 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 47340 | +/-$11,765 | +/-$8,058 | +/-$3,205 | +/-1.0% | +/-$864 | +/-$44,323 | +/-$34,515 | +/-$13,367 |
| Fairview CDP | +/-$34,726 | +/-$29,086 | +/-$15,555 | +/-26.9% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Farmland town | +/-$1,962 | +/-$6,479 | +/-$3,132 | +/-1.1% | +/-$864 | +/-$4,101 | +/-$29,714 | +/-$4,815 |
| Randolph County | +/-$5,111 | +/-$4,547 | +/-$1,959 | +/-0.9% | +/-$12,353 | +/-$6,400 | +/-$6,875 | +/-$3,666 |