| ZIP Code | 47303 |
|---|---|
| City | Muncie |
| State | Indiana (IN) |
| County | Delaware County |
| Area Code | 765 |
| Elevation | 924 ft |
| Latitude | 40.271643 |
|---|---|
| Longitude | -85.377772 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.0 yrs |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 27.5% ▲ 175% above avg |
| College Grads | 38.2% ≈ Avg |
| Unemployment | 9.6% ▲ 96% above avg |
| No HS Diploma | 138 (1.1%) |
| HS Graduate | 4,304 (35.1%) |
| Some College | 1,636 (13.3%) |
| Associates | 1,508 (12.3%) |
| Bachelors | 1,452 (11.8%) |
| Graduate Degree | 3,231 (26.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,556 ▼ 44% below avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $106,600 ▼ 62% below avg ↑ 34% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $883/mo ↑ 29% since 2019 |
| Total Units | 11,567 |
| Vacant Units | 1,474 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,567 |
|---|---|
| Vacant | 1,474 |
| Owner Occupied | 54.3% |
| Renter Occupied | 45.7% |
| Avg HH Size | 2.25 |
ZIP code 47303 is located in Muncie, Indiana, within Delaware County. With a population of 24,115, this is a moderately populated ZIP code with a relatively young community — the median age is 30 years. Economically, 47303 is a working-class ZIP code: the median household income of $42,556 is below the national average.
Real estate in ZIP code 47303 represents one of the more affordable housing markets in the country. The median home value of $106,600 is well below the national average. Renters can expect to pay around $883 per month in median rent. The area has a relatively balanced mix of owners (54.3%) and renters (45.7%). Median home values have increased by 34% since 2019.
The population of 47303 is primarily White (82.09%). Residents are moderately educated — 38.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a significant share of residents at 27.5%. Household income has grown by 32% since 2019.
The unemployment rate in 47303 stands at 9.6%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 47303 in Muncie, IN is characterized as working-class, moderately educated, and a relatively young community. With 24,115 residents, a median household income of $42,556, and a median home value of $106,600, it offers a clear picture of life in this part of Indiana.