| ZIP Code | 47837 |
|---|---|
| City | Carbon |
| State | Indiana (IN) |
| County | Clay County |
| Area Code | 812/930 |
| Elevation | 693 ft |
| Latitude | 39.627224 |
|---|---|
| Longitude | -87.114906 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.73 |
| Below Poverty | 3.5% ▼ 65% below avg |
| College Grads | 31.0% ▼ 20% below avg |
| Unemployment | 3.6% ▼ 26% below avg |
| No HS Diploma | 39 (6.8%) |
| HS Graduate | 216 (37.8%) |
| Some College | 56 (9.8%) |
| Associates | 83 (14.5%) |
| Bachelors | 80 (14%) |
| Graduate Degree | 97 (17%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,750 ▲ 8% above avg ↑ 122% since 2019 |
|---|---|
| Median Home Value | $137,100 ▼ 51% below avg ↑ 55% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $945/mo ↑ 140% since 2019 |
| Total Units | 410 |
| Vacant Units | 89 |
| Avg HH Size | 2.73 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 410 |
|---|---|
| Vacant | 89 |
| Owner Occupied | 95.6% |
| Renter Occupied | 4.4% |
| Avg HH Size | 2.73 |
ZIP code 47837 is located in Carbon, Indiana, within Clay County. With a population of 876, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40 years. Economically, 47837 is a middle-income ZIP code: the median household income of $82,750 is near the national average.
Real estate in ZIP code 47837 represents one of the more affordable housing markets in the country. The median home value of $137,100 is well below the national average. Renters can expect to pay around $945 per month in median rent. Homeownership is strong here — 95.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 55% since 2019.
The population of 47837 is primarily White (99.89%). Residents are moderately educated — 31.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 3.5%. Household income has grown by 122% since 2019.
The unemployment rate in 47837 stands at 3.6%, which is below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 47837 in Carbon, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 876 residents, a median household income of $82,750, and a median home value of $137,100, it offers a clear picture of life in this part of Indiana.