| ZIP Code | 47339 |
|---|---|
| City | Economy |
| State | Indiana (IN) |
| County | Wayne County |
| Area Code | 765 |
| Elevation | 1,110 ft |
| Latitude | 39.938777 |
|---|---|
| Longitude | -85.079129 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18177 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.9 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.62 |
| Below Poverty | 17.3% ▲ 73% above avg |
| College Grads | 24.4% ▼ 37% below avg |
| Unemployment | 2.4% ▼ 51% below avg |
| HS Graduate | 164 (58.8%) |
| Some College | 13 (4.7%) |
| Associates | 34 (12.2%) |
| Bachelors | 38 (13.6%) |
| Graduate Degree | 30 (10.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $43,125 ▼ 43% below avg ↓ 39% since 2019 |
|---|---|
| Median Home Value | $98,100 ▼ 65% below avg ↑ 24% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $850/mo ↑ 9% since 2019 |
| Total Units | 189 |
| Vacant Units | 17 |
| Avg HH Size | 2.62 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 189 |
|---|---|
| Vacant | 17 |
| Owner Occupied | 81.4% |
| Renter Occupied | 18.6% |
| Avg HH Size | 2.62 |
ZIP code 47339 is located in Economy, Indiana, within Wayne County. With a population of 450, this is a sparsely populated ZIP code with a mature community — the median age is 47.9 years. Economically, 47339 is a working-class ZIP code: the median household income of $43,125 is below the national average.
Real estate in ZIP code 47339 represents one of the more affordable housing markets in the country. The median home value of $98,100 is well below the national average. Renters can expect to pay around $850 per month in median rent. Homeownership is strong here — 81.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 47339 is primarily White (98.89%). Residents are less-educated — 24.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 17.3%. Household income has declined by 39% since 2019.
The unemployment rate in 47339 stands at 2.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 47339 in Economy, IN is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 450 residents, a median household income of $43,125, and a median home value of $98,100, it offers a clear picture of life in this part of Indiana.