| ZIP Code | 47338 |
|---|---|
| City | Eaton |
| State | Indiana (IN) |
| County | Delaware County |
| Area Code | 765 |
| Elevation | 907 ft |
| Latitude | 40.342416 |
|---|---|
| Longitude | -85.337425 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs ↑ 16% since 2019 |
|---|---|
| Avg Household Size | 2.23 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 30.0% ▼ 23% below avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 24 (1.6%) |
| HS Graduate | 576 (37.2%) |
| Some College | 189 (12.2%) |
| Associates | 295 (19.1%) |
| Bachelors | 234 (15.1%) |
| Graduate Degree | 230 (14.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,064 ▼ 19% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $102,500 ▼ 63% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $686/mo |
| Total Units | 1,160 |
| Vacant Units | 95 |
| Avg HH Size | 2.23 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,160 |
|---|---|
| Vacant | 95 |
| Owner Occupied | 81.3% |
| Renter Occupied | 18.7% |
| Avg HH Size | 2.23 |
ZIP code 47338 is located in Eaton, Indiana, within Delaware County. With a population of 2,378, this is a sparsely populated ZIP code with a mature community — the median age is 45 years. Economically, 47338 is a solidly middle-class ZIP code: the median household income of $62,064 is below the national average.
Real estate in ZIP code 47338 represents one of the more affordable housing markets in the country. The median home value of $102,500 is well below the national average. Renters can expect to pay around $686 per month in median rent. Homeownership is strong here — 81.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 47338 is primarily White (93.06%). Residents are moderately educated — 30.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 8.8%. Household income has grown by 20% since 2019.
The unemployment rate in 47338 stands at 3.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 90%.
Overall, ZIP code 47338 in Eaton, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 2,378 residents, a median household income of $62,064, and a median home value of $102,500, it offers a clear picture of life in this part of Indiana.