47340 ZIP Code – Farmland, Indiana
ZIP code 47340 is a small ZIP code located in Farmland, Indiana, within Randolph County with a population of approximately 3,073 residents. Residents earn a median household income of $60,045, which is near the Indiana average and below the national figure. Median home values of $153,600 are well below the national average, with 76.1% owner-occupied housing (stable). , and the median rent of $837 is below the national average. Housing consists of 90% single-family (decreasing), 5% duplex/multi-family.
At 3.4%, the unemployment rate is below the national figure. The poverty rate of 10.7% is below the U.S. average. 21.1% of adults hold a bachelor's degree or higher, below the U.S. average. The median age is 40.9, near the national median. ZIP codes in the surrounding area include 47368, 47383, 47394.
ZIP Code 47340 Data
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ZIP 47340 vs. Indiana vs. U.S.
| Metric | ZIP 47340 | IN Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 3,073 | 8,642 | 10k |
| Median Household Income | $60k | $69k | $73k |
| Median Home Value | $153k | $165k | $258k |
| Median Rent | $837 | $898 | $1,088 |
| Median Age | 40.9 | 41.0 | 43.2 |
| Unemployment Rate | 3.4% | 4.2% | 5.0% |
| Poverty Rate | 10.7% | 11.3% | 13.3% |
| Bachelor's Degree or Higher | 21.1% | 21.0% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 47368 – Parker City
- 47383 – Selma
- 47394 – Winchester
- 47358 – Modoc
- 47380 – Ridgeville
- 47320 – Albany
- 47354 – Losantville
- 47373 – Redkey
- 47382 – Saratoga
- 47360 – Mooreland
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 47368 | PARKER CITY | 2,008 | $66,250 |
| 47383 | SELMA | 2,864 | $62,321 |
| 47394 | WINCHESTER | 8,396 | $65,801 |
| 47358 | MODOC | 966 | $71,641 |
| 47380 | RIDGEVILLE | 1,476 | $55,234 |