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Zip Code 47240 Map And Demographics

Home»Indiana State»Decatur County»Greensburg»Zip Code 47240
  • Population
    21,155
  • Density
    71 / sqml.
  • Med. Home Value
    $120,600
  • Med. Rent
    $704

Zip Code Rankings

The table shows the top 5 positions of zip code 47240 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#2,395 Top Zip Codes With The Highest Percentage Of People Who Ride Bicycles To Work 0.97%
#3,632 Top Zip Codes With The Most Business Establishments 596
#4,557 Top Zip Codes With The Highest Number Of Owner-occupied Housing Units 5763
#5,217 Top Zip Codes With The Highest Number Of Housing Units 9328
#5,319 Top Zip Codes With The Largest Population 21155 Residents

Population breakdown by gender

Population in zip code 47240 is 21,155 residents | Male to Female ratio is 1:1.01 | Zip Code 47240 land area is 298.705 sq. miles | Population density is 70.82 residents per square mile

Median age

  Median Age
Zip Code Median Age 39.2
Median Age - Male 37.4
Median Age - Female 40.6

Median age of zip code 47240 is equal compared to nearby zip codes and 5.4% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 47240 is 1.1% lower compared to nearby zip codes and 4.5% higher compared to the United States male median age. Female zip code 47240 median age is 3.8% higher in comparison to nearby zip codes and 5.5% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 20555
Black or African American population 118
Asian population 244
American Indian and Alaska Native population 2
Native Hawaiian and other Pacific Islander population 0
Other population 101

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0.1%
Danish 0.1% Dutch 1.2%
English 8.9% French No Basque 1.6%
French Canadian 0.1% German 26.7%
Greek 0.3% Hungarian 0.1%
Irish 8.8% Italian 1.6%
Lithuanian 0.2% Norwegian 0.2%
Polish 0.8% Portuguese 0%
Russian 0% Scotch-Irish 1.2%
Scottish 1% Slovak 0%
Subsaharan African 0% Swedish 0.3%
Swiss 0.3% Ukrainian 0%
USA 13.6% Welsh 0.3%
West Indian No Hispanic Groups 0% Other Ancestries 8.2%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 5778
Married couples 78.28%
Other couples 21.72%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 22.83% 29.15%
$30,000 and $50,000 19.92% 22.1%
$50,000 and $100,000 41.05% 36.04%
$100,000 and $200,000 14.8% 11.66%
$200,000 or more 1.4% 1.05%

Households by size

Household language

Language Spoken Percent
English language 96.95%
Spanish language 1.43%
Other European language 0.84%
Asian language 0.78%
Other language 0%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 8262
Detached housing units 79.36%
Attached housing units 2.31%
2 units 2.97%
3 - 4 units 3.1%
5 - 9 units 4.47%
10 - 19 units 1.43%
20 - 49 units 1.26%
50 or more units 0.77%
Mobile homes 4.33%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 93.74%
Use public transportation 0.4%
Use Motorcycle 0.15%
Use bicycle 0.97%
Walk to work 1.28%
Work at home 3.46%

School attendance

Attendance Percent
Attent Preschool programs 2.81%
Attend Public School 17.18%
Attend college undergraduate program 4.56%
Attent graduate studies 1.01%
Not enrolled in school 74.44%

Highest school attainment

Attainment Percent
Less then 9th grade 4.99%
Grade 9 to 12, no diploma 10.77%
High school diploma 45.13%
Some college, no degree 20.66%
Associate degree 7.81%
Bachelor's degree 9.96%
Graduate or professional degree 0.68%

Business Counts by Industry

Industry Type Count
Total of all sectors 596
Retail Trade 105
Health Care and Social Assistance 59
Other Services (except Public Administration) 57
Construction 56
Manufacturing 50
Accommodation and Food Services 45
Finance and Insurance 42
Professional, Scientific, and Technical Services 39
Transportation and Warehousing 37
Wholesale Trade 31
Administrative and Support and Waste Management and Remediation Services 24
Real Estate and Rental and Leasing 17
Arts, Entertainment, and Recreation 9
Educational Services 6
Information 6
Utilities 4
Agriculture, Forestry, Fishing and Hunting 3
Management of Companies and Enterprises 3
Mining, Quarrying, and Oil and Gas Extraction 2
Industries not classified 1

Real Estate

Metric Value
Housing occupied 88.57%
Housing vacant 11.43%
Housing occupied by owner 69.75%
Housing occupied by tenant 30.25%
Total Rented Units 2499
Median Contract Gross Rent $525
Median Gross Rent $704
Median Home Value $120,600

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 47240 median gross rent is 34.1% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $390
1 Bedroom $460
2 Bedrooms $600
3 Bedrooms $800
4 Bedrooms $830
AVERAGE RENT $653

Average rent in zip code 47240 ($653.00) is 10.4% lower compared to nearby zip codes and 30.2% lower compared to the average rent in the US. The following illustrates how zip code 47240 rent compares to the nearby zip code rents by unit type: studio apartment rent is 24.4% lower, one bedroom apartment rent is 19% lower, two bedroom rent is 14.5% lower, three bedroom rent is 11.5% lower, four bedroom rent is 13% lower.

Housing units

Housing Unit Percent
Total housing units 9328
Detached housing units 79.01%
Attached housing units 2.05%
2 units 3.26%
3 - 4 units 2.74%
5 - 9 units 4.71%
10 - 19 units 1.27%
20 - 49 units 1.11%
50 or more units 1.31%
Mobile homes 4.55%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $6,135,900
Real estate taxes paid for units with a mortgage $3,900,300
Real estate taxes paid for units with no mortgage $2,235,600

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 47240 to other nearby zip codes.

Zip Codes Near 47240

Zip Code City County Distance
47272 Saint Paul Decatur 1.94 ml
47283 Westport Decatur 5.57 ml
47263 New Point Decatur 8.63 ml
47034 Napoleon Ripley 10.92 ml
46156 Milroy Rush 12.99 ml
47244 Hartsville Bartholomew 13.24 ml
47037 Osgood Ripley 14.02 ml
47036 Oldenburg Franklin 14.7 ml
47006 Batesville Ripley 15.86 ml
47023 Holton Ripley 16.15 ml